Definitions for "Certificate of Acceptance"
A written statement by the lessee acknowledging that equipment subject to the lease has been delivered and accepted for purposes of the lease. Such a certificate may also contain representations as to the proper function, manufacture and construction of the equipment.
A document signed by the lessee to acknowledge the equipment to be leased has been delivered and is acceptable. Many lease agreements state that the actual lease term commences once this document has been signed.
A document whereby the lessee acknowledges that the equipment to be leased has been delivered, is acceptable, and has been manufactured or constructed according to specifications.
a certificate issued in special circumstances when a code compliance certificate cannot be issued, that provides a limited assurance that work complies with the Building Code.