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 123 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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