[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"detail-sidebar-cat-1-en-105":3,"doc-seo-164223-105":53,"doc-detail-164223-en":126},{"code":4,"msg":5,"data":6},0,"success",[7,14,19,24,29,34,39,44,49],{"id":8,"doc_module":9,"doc_module_name":10,"category_name":11,"show_sort_weight":12,"slug":13},11,1,"Template","Presentations",90,"presentations",{"id":15,"doc_module":9,"doc_module_name":10,"category_name":16,"show_sort_weight":17,"slug":18},12,"Resumes",80,"resumes",{"id":20,"doc_module":9,"doc_module_name":10,"category_name":21,"show_sort_weight":22,"slug":23},14,"Invoices",70,"invoices",{"id":25,"doc_module":9,"doc_module_name":10,"category_name":26,"show_sort_weight":27,"slug":28},15,"Posters",60,"posters",{"id":30,"doc_module":9,"doc_module_name":10,"category_name":31,"show_sort_weight":32,"slug":33},16,"Social Media",50,"social-media",{"id":35,"doc_module":9,"doc_module_name":10,"category_name":36,"show_sort_weight":37,"slug":38},17,"Forms",40,"forms",{"id":40,"doc_module":9,"doc_module_name":10,"category_name":41,"show_sort_weight":42,"slug":43},18,"Letters",30,"letters",{"id":45,"doc_module":9,"doc_module_name":10,"category_name":46,"show_sort_weight":47,"slug":48},21,"Paper Templates",5,"papers-templates",{"id":50,"doc_module":9,"doc_module_name":10,"category_name":51,"show_sort_weight":4,"slug":52},158,"General","general-158",{"code":4,"msg":54,"data":55},"ok",{"site_id":56,"language":57,"slug":58,"title":59,"keywords":60,"description":61,"schema_data":62,"social_meta":119,"head_meta":121,"extra_data":123,"updated_unix":125},105,"en","equipment-loan-agreement-equipment-loan-return-of-equipment-and-penalties","Equipment Loan Agreement - Equipment Loan - Return of Equipment and Penalties","","Equipment Loan Agreement setting out the terms governing a gratuitous loan of personal property by the Owner to the Recipient. The document defines the Equipment scope under Exhibit A, governs collection/shipping responsibilities and reimbursement of packing, shipping and insurance costs, and confirms the Owner’s exclusive ownership. It establishes the loan term through a written Return Notice, a ten-day Return Period, and Delay Fees of $6,000 per day if the Equipment is not returned. It also sets maintenance duties, compliance obligations, restrictions on liens/markings, and conditions for replacement equipment and third-party use.",{"@graph":63,"@context":118},[64,80,101],{"@type":65,"itemListElement":66},"BreadcrumbList",[67,71,74,77],{"item":68,"name":69,"@type":70,"position":9},"https://docshare.wps.com","Home","ListItem",{"item":72,"name":10,"@type":70,"position":73},"https://docshare.wps.com/template/",2,{"item":75,"name":36,"@type":70,"position":76},"https://docshare.wps.com/template/forms/",3,{"item":78,"name":59,"@type":70,"position":79},"https://docshare.wps.com/template/equipment-loan-agreement-equipment-loan-return-of-equipment-and-penalties/164223/",4,{"url":78,"name":59,"@type":81,"image":82,"author":87,"headline":59,"publisher":90,"fileFormat":93,"inLanguage":57,"description":61,"dateModified":94,"datePublished":95,"encodingFormat":93,"isAccessibleForFree":96,"interactionStatistic":97},"DigitalDocument",{"url":83,"@type":84,"width":85,"height":86},"https://docshare.wps.com/thumbnails/equipment-loan-agreement-equipment-loan-return-of-equipment-and-penalties/164223.png","ImageObject",442,249,{"name":88,"@type":89},"Anda","Person",{"url":68,"name":91,"@type":92},"DocShare","Organization","application/vnd.openxmlformats-officedocument.wordprocessingml.document","2026-09-21","2026-08-31",true,{"@type":98,"interactionType":99,"userInteractionCount":76},"InteractionCounter",{"@type":100},"ViewAction",{"@type":102,"mainEntity":103},"FAQPage",[104,110,114],{"name":105,"@type":106,"acceptedAnswer":107},"What triggers the start and end of the loan term?","Question",{"text":108,"@type":109},"The loan starts upon execution of the Agreement and continues until the Recipient receives a written Return Notice from the Owner.","Answer",{"name":111,"@type":106,"acceptedAnswer":112},"What happens if the Recipient does not return the Equipment within the Return Period?",{"text":113,"@type":109},"If the Equipment is not returned within ten calendar days after the Return Notice, the Owner may charge a Delay Fee of $6,000 per day until return.",{"name":115,"@type":106,"acceptedAnswer":116},"Can the Recipient provide Replacement Equipment instead of returning the original?",{"text":117,"@type":109},"Yes, the Recipient may deliver substantially similar Replacement Equipment subject to the Owner’s approval and advance acceptance; the Replacement Equipment is then treated as the Equipment for Agreement purposes.","https://schema.org",{"og:url":78,"og:type":120,"og:title":59,"og:site_name":91,"og:description":61},"article",{"robots":122,"canonical":78},"index,follow",{"doc_id":124,"site_id":56},164223,1788150183,{"code":4,"msg":5,"data":127},{"doc_id":124,"user_id":128,"nickname":88,"user_avatar":129,"doc_module":9,"category_id":35,"category_name":36,"doc_title":59,"doc_description":61,"doc_content":130,"file_id":131,"file_url":132,"file_type":133,"file_size":134,"view_count":76,"is_deleted":4,"is_public":9,"is_downloadable":9,"audit_status":9,"page_count":135,"language":136,"language_code":57,"site_id":56,"html_lang":57,"table_of_contents":137,"faqs":138,"seo_title":139,"seo_description":61,"update_tm":125,"read_time":79},962075006959,"https://ap-avatar.wpscdn.com/avatar/e0002397efbe92a78e?_k=1776741047341049297","EQUIPMENT LOAN AGREEMENT\nThis Equipment Loan Agreement (the “Agreement”) dated as of [ ] (the “Effective Date”) is by and between [Insert name of loaning entity], with its principal office located at [Address] (“Owner”), and [Insert name of receiving entity], with its principal office located at [Address] (“Recipient”).\nNOW THEREFORE, intending to be legally bound, the parties agree as follows:\nEQUIPMENT LOAN\nOwner hereby agrees to loan to Recipient, on a gratuitous basis, subject to the terms of this Agreement (including Paragraph 2.c. below), the personal property (together with all attachments, replacements, parts, substitutions, additions, repairs, accessions and accessories, incorporated therein and/or affixed, thereto) (the “Equipment”) described in Exhibit A attached hereto (the “Loan”).\nNotwithstanding the foregoing, the parties hereby agree that Recipient shall arrange for the Equipment to be collected and shipped to Recipient’s facility at Recipient sole expense, or if Owner arranges for such shipment then Recipient shall promptly reimburse Owner for all packing, shipping and insurance costs actually incurred.\nThe Equipment is and shall at all times be and remain the sole and exclusive property of Owner, and Recipient shall have no right, title or interest therein or thereto except as to the use thereof subject to the terms or conditions of this Agreement.\nTERM/RETURN OF EQUIPMENT/PENALTIES\nThe Loan granted to Recipient hereunder shall commence upon execution of this Agreement and continue until such time Recipient receives a written Return Notice from Owner (the “Return Notice”).\nUpon receipt of a Return Notice, Recipient shall contact Owner for shipping instructions and return the Equipment to Owner in accordance with Paragraph 3.b. below, within ten (10) calendar days (the “Return Period”).\nIf Recipient fails to return the Equipment within the Return Period (or Replacement Equipment pursuant to Paragraph 3.b.), Owner may charge Recipient a Delay Fee equal to Six Thousand Dollars ($6,000) per each day following the expiration of the Return Period and until the Equipment is returned (the “Delay Fee(s)”).\nAFFIRMATIVE COVENANTS OF RECIPIENT\na.\tMaintenance. Recipient shall maintain the Equipment in good repair, condition and working order, and shall furnish any and all parts, mechanisms, and devices required to keep the Equipment in good repair, condition and working order, at the sole cost and expense of Recipient.\nTransportation Charges; Return of Equipment. Unless otherwise agreed in writing by the parties, Recipient shall return the Equipment to a location specified by Owner, and pay all shipping and delivery charges and other expenses incurred in connection therewith. The Recipient is required to use a shipping and delivery service that is licensed and insured by the State of [State].  Upon receipt of a Return Notice, Recipient, at Recipient’s risk and expense, shall assemble, clean, disinfect, prepare for shipment, and return the Equipment to Owner in accordance with Paragraph 2 above. The returned Equipment shall be in good condition, repair, and working order, ordinary wear and tear excepted. Notwithstanding the foregoing, the parties hereby agree that, in the event that upon receipt of the Return Notice the Equipment has been loaned-out to a Third Party Recipient (as defined below), or Recipient is otherwise unable to immediately return the Equipment, Recipient may deliver to Owner, at Owner’s sole discretion and subject to Owner’s approval, in lieu of the Equipment, other equipment that has substantially similar functionality and is in good repair, condition and working order (the “Replacement Equipment”) and transfer clear title to such Replacement Equipment to Owner, whereupon such Replacement Equipment shall be deemed the Equipment for all purposes, and Recipient shall be deemed to have satisfied its obligations under this Paragraph 3.b.  [For avoidance of doubt, however, the Replacement Equipment must be ","cbCaifAkW3jVclCi","https://ap.wps.com/l/cbCaifAkW3jVclCi","docx",60163,10,"English","# Equipment Loan\n## Shipping and Ownership Terms\n# Term, Return of Equipment, and Penalties\n## Return Period and Delay Fees\n# Covenants of Recipient\n## Maintenance, Charges, and Compliance","[{\"question\":\"What triggers the start and end of the loan term?\",\"answer\":\"The loan starts upon execution of the Agreement and continues until the Recipient receives a written Return Notice from the Owner.\"},{\"question\":\"What happens if the Recipient does not return the Equipment within the Return Period?\",\"answer\":\"If the Equipment is not returned within ten calendar days after the Return Notice, the Owner may charge a Delay Fee of $6,000 per day until return.\"},{\"question\":\"Can the Recipient provide Replacement Equipment instead of returning the original?\",\"answer\":\"Yes, the Recipient may deliver substantially similar Replacement Equipment subject to the Owner’s approval and advance acceptance; the Replacement Equipment is then treated as the Equipment for Agreement purposes.\"}]","Equipment Loan Agreement - Equipment Loan - Return of Equipment and Penalties | DOCX"]