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Equipment Lease (UCC Article 2A) review

Lease of goods under UCC Article 2A, including finance-lease and hell-or-high-water treatment.

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What it checks

Finance-lease designation and hell-or-high-water covenant

Critical · COMM-112

Rent, term, and end-of-term options

Warning · COMM-113

Maintenance, insurance, and casualty risk

Warning · COMM-114

Warranty pass-through or disclaimer

Warning · COMM-115

Default and remedies

Warning · COMM-116

Return condition and location

Warning · COMM-117

Waiver of non-waivable Article 9 debtor protections

Detects a security agreement or finance lease purporting to waive the debtor protections U.C.C. § 9-602 makes non-waivable — notice of disposition, commercial reasonableness, the right to redeem, the deficiency calculation, or the breach-of-the-peace limit on self-help repossession.

Critical · DARK-015

Every run also applies 113 general checks that belong to any agreement: structure, parties and signatures, defined terms, cross-references, dates, amounts, and one-sided terms.

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