Lease Agreement Editing Guide

Summary

The agreement outlines the leasing terms for a Moniepoint terminal machine at a price of twenty-three thousand naira. It clarifies that the POS is not personal property and cannot be sold or resold. Moniepoint Microfinance Bank retains ownership and can retrieve the POS if the agreement is breached. The lessee must meet a daily withdrawal target, including an inflow of at least fifty thousand naira with a minimum of ten transactions. In case of a breach, the company can reclaim the POS.

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Edit this agreement properly. Picture of Bo I declare that I ...........am fully aware that the moniepoint terminal machine under my custody has been leased to me at a price of twenty three thousand naira(#*). I confirm that the pos under my custody is not a personal property and as such I do not possess the power to sell or resell it. The moniepoint micro finance bank has full right of ownership and can decide to retrieve the POS if there is a breach of the condition stated in this agreement. Furthermore, I am fully aware of the conditions by which this item has been leased at a subsidized price. This is to ensure that I fulfill the daily withdrawal target which includes the in flow of money into the pos via the pos transfer account of at least fifty thousand naira (#*) with a minimum of ten(*) transaction counts... In any occasion where there is a breach of this agreement, the company reserves the right to retrieve the POS. Name of Bo: Signature: Name of brm: Signature:
Here's the edited agreement:
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Agreement
I, ____________, declare that I am fully aware that the Moniepoint terminal machine under my custody has been leased to me at a price of twenty-three thousand naira (₦*,*). I confirm that the POS under my custody is not my personal property, and as such, I do not possess the power to sell or resell it. Moniepoint Microfinance Bank retains full ownership rights and can retrieve the POS in case of any breach of the conditions stated in this agreement.
Furthermore, I understand the conditions under which this item has been leased at a subsidized price. This is to ensure that I fulfill the daily withdrawal target, which includes an inflow of at least fifty thousand naira (₦*,*) into the POS via the POS transfer account, with a minimum of ten (*) transaction counts.
In the event of any breach of this agreement, the company reserves the right to retrieve the POS.
Name of Bo:
_________________
Signature:
_________________
Name of BRM:
_________________
Signature:
_________________
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