Article 11. Rights and obligations of the lessor

The lessor has the right:

to exercise control over the conditions of operation and the target use of the lessee of the object of leasing in accordance with the terms of the leasing contract and the requirements of the legislation;

choose, with the consent of the lessee, the object of leasing and its seller;

to demand the leasing object from the lessee in cases and in the manner prescribed by law or a leasing contract;

In the event of a serious breach of obligations by the lessee, unless otherwise provided for in the lease agreement, the lessor has the right to demand the acceleration of future lease payments, or the cancellation of the agreement with the foreclosure on the leased object in the manner provided for debt collection, and the recovery of damages.

In case, if the object of the lease is not supplied as result of the fault of the lessor or do not correspond to the terms of the leasing contract, the lessor, with the consent of the lessee has the right to fix its improper execution of conditions of the leasing contract or offer the lessee another object of the lease.

The lessor is obliged to:

acquire property under a leasing contract and transfer it to the lessee to own and use;

acquire property for the lessee to notify the seller of the fact that the property is intended for transmission in leasing a particular person;

timely and in full volume to fulfill commitments on himself obligations to the lessee of the content of the object of leasing, its repair and maintenance services, if such conditions are provided by the contract.

The lessor may have other rights and bear other obligations established by law.