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Taking Assignments of Equipment Leases: An Analysis of an Acceptable Documentation Package

Like many financial products, equipment leases can be bought and sold. The lease assignment market has become increasingly active and complex in recent years, despite the economic downturn of the early 21st century. This article highlights the type of documentation that should generally be required when a broker or other originator of leases (the "Originator") assigns leases to a funding bank (the "Funder").

38 minute read December 01, 2003 at 09:25 AM
By
Barry S. Marks and Ken Weinberg
Taking Assignments of Equipment Leases: An Analysis of an Acceptable Documentation Package

Like many financial products, equipment leases can be bought and sold. The lease assignment market has become increasingly active and complex in recent years, despite the economic downturn of the early 21st century.

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