About Master Lease Agreements

The master lease agreement (MLA, or simply master agreement) is an umbrella agreement for multiple contract leases (e.g., a line of credit agreement).

Contracts can only be created under an MLA once the MLA has been approved.

To set up an MLA, Lease Administrators must provide general information, attach relevant documentation, add lenders, suppliers, and contacts, and specify who should receive notifications about the MLA.

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