Leasing Duration: 3 years
- Payments structured in equal intervals.
- First Payment: Due at the lease initiation.
- Second Payment: Due at the commencement of year two.
- Third Payment: Due at the start of year three.
- Costs can fluctuate depending on the specific equipment and leasing conditions.
- The quoted prices are comprehensive, including all applicable taxes.
- Payment for leased equipment is due within a week of the billing date.
Ownership and Maintenance:
- All leased equipment remains the exclusive property of the Lessor, Wisemonk.
- The Lessee is responsible for regular equipment upkeep during the lease term.
- Any repairs not covered by the manufacturer's warranty will be the Lessee's responsibility, except if damage is due to Wisemonk's negligence or misconduct.
Product Responsibility and Service:
- Damaged or faulty equipment must be reported to the Wisemonk team within three days of delivery.
- Installation and setup of the equipment are handled by Wisemonk unless decided otherwise.
- Wisemonk takes steps to enable remote locking of the device to mitigate theft or unauthorized use risks.
- Once agreed upon, a detailed lease agreement encompassing the above details and additional provisions such as equipment storage, re-allocation, termination terms, data ownership, and privacy will be drafted. This agreement will be sent for review and signature upon order placement.
For equipment valued at $10,000,
Annual Payment: Approximately $3,333.33.
Payment Due Dates:
Initial Payment: $3,333.33 (payable immediately).
Second Payment: $3,333.33 (payable after a year).
Final Payment: $3,333.33 (payable after two years).