Enclosure No. 2J - Appendix TBD ANL-827-LTONV.pdf
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- Attached to
- Request for Proposal: ALCF Equinox AI System Federal contract opportunity
- Solicitation number
- 6-B143-P-00251-00
- Issued by
- Department of Energy Office of Science
About this file
This is a Lease to Ownership Order (LTO) template used by UChicago Argonne, LLC to lease equipment for operations at Argonne National Laboratory under DOE Prime Contract No. DE-AC02-06CH11357.
The document is a template agreement between a Lessor and UChicago Argonne, LLC (Lessee) for the lease of specified equipment necessary to perform research and development work at Argonne. The LTO Order is governed by the terms of a Master Lease to Ownership Agreement and incorporates an Equipment List and Payment Schedule by reference. Key provisions include: the lease becomes effective upon Lessor signature acceptance; lease payments are due according to the attached Payment Schedule, with the first payment due no earlier than the Commencement Date; modifications must be made in writing and signed by both parties; and an optional purchase provision allows the Lessee to purchase equipment at any time after acceptance by paying the current Option Payment. The template contains blank fields for the Lessor's identification, the purchase order number, Master LTO Agreement number, and signature blocks for authorized representatives of both parties. The document is marked "NOT AWARDED," indicating this is a blank template form rather than an executed agreement for a specific transaction.
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Text version
ANL-827 – LTONV – (07/13/2025) LTO Number: Error!
Reference source not found.
LEASE TO OWNERSHIP ORDER
between
UChicago Argonne, LLC and
INTRODUCTION
This LEASE TO OWNERSHIP ORDER (LTO Order) is made and entered into by and between _________, (Lessor), and UChicago Argonne, LLC (Lessee), operating under DOE. Prime Contract No. DE-AC02-06CH11357 (“Prime Contract”) with the U.S. Department of Energy (“Government” or “DOE.”) (“Prime Contract”), which is accessible at http://www.anl.gov/contract/.
This Agreement is in furtherance of the Prime Contract for the management and operation of the Argonne National Laboratory (hereinafter called "Argonne"), owned by the Government, and the performance of certain research and development work.
AGREEMENT
WHEREAS, Lessee has determined that it is essential to acquire the Equipment described herein in Equipment List under purchase order XX-XXXXX, which list is attached hereto, in order to perform work at Argonne; and
WHEREAS, the Lessor has agreed to lease the Equipment under this LTO Order, which is placed pursuant to the terms and conditions of Master Lease to Ownership Agreement XX-XXXX (Master LTO Agreement).
NOW, THEREFORE, the parties, in consideration of the exchange of mutual promises contained herein, agree as follows.
1. LEASE OF EQUIPMENT
The Lessor hereby leases to Lessee and Lessee hereby leases from the Lessor the equipment, hereinafter referred to collectively as Equipment, described in the Equipment list under purchase order XX-XXXXX, attached hereto. Lessee will evidence its acceptance of the Equipment by executing and delivering to the Lessor an Acceptance Certificate in a form acceptable to the Lessor.
http://www.anl.gov/contract/
2. TERM
This LTO Order shall become effective upon the Lessor's signature acceptance of Lessee’s executed LTO Order. The term of this LTO Order shall begin on the date it is fully executed by the parties hereto and shall continue through the term of the Payment Schedule attached hereto.
3. PAYMENTS
In consideration of the promises and the agreements on the part of the Lessor herein, Lessee hereby agrees to pay to the Lessor lease payments for the Equipment on the dates and in the amounts set forth in the Payment Schedule; provided that, Lessee’s first payment shall not be required prior to the Commencement Date.
Lessee will make all payments at the address of the Lessor, as specified in the Master LTO Agreement, or at such other address as the Lessor may, from time to time, designate in writing.
The time of payments required by Lessor and Lessee will be of the essence in this LTO Order.
4. [PURCHASE OPTION, if applicable] [Pursuant to the purchase option provision of the Master LTO Agreement, Lessee is hereby given the option to purchase the Equipment under this LTO Order at any time after acceptance of the Equipment by paying the current Option Payment.]
5. [OTHER AMENDMENTS/INSERTIONS AS APPLICABLE]
6. MODIFICATION
The Lessor and Lessee agree that any modifications or changes to this LTO Order must be in writing and must be signed by both parties.
7. ATTACHMENTS
The following documents are hereby incorporated as part of this LTO Order and are attached hereto.
Equipment List from purchase order XX-XXXXX Payment Schedule
IN WITNESS WHEREOF, the parties hereto have executed this LTO Order as of the date(s) shown below.
UCHICAGO ARGONNE, LLC
(Operator of Argonne National Laboratory)
NOT AWARDED
Lessor:
Lessee:
BY: BY:
TITLE:
TITLE:
Procurement Department
DATE: DATE:
| LEASE TO OWNERSHIP ORDER |
| between |
| UChicago Argonne, LLC |
| and |
| INTRODUCTION |
| AGREEMENT |
| 5. [OTHER AMENDMENTS/INSERTIONS AS APPLICABLE] |
| 6. MODIFICATION |
| 7. ATTACHMENTS |
| Equipment List from purchase order XX-XXXXX |
| Lessor: |
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