Acceptance and Lease of Equipment Sample Clauses

Acceptance and Lease of Equipment. With respect to each Advance under Section 2.4(b) of the Participation Agreement, on the Advance Date for that Advance, subject to satisfaction or waiver of the conditions precedent set forth in Article III of the Participation Agreement, Lessor shall lease to Lessee hereunder, and Lessee shall lease from Lessor hereunder, the Equipment accepted on that Advance Date by Lessee under a Certificate of Acceptance pursuant to the Participation Agreement for the Lease Term.
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Acceptance and Lease of Equipment. Upon the execution and delivery of each Equipment Schedule to the Lease, if any, the Lessee will have unconditionally accepted the Equipment, if any, subject to the Lease Supplement or Restated Lease Supplement, as the case may be, and from and after the applicable Lease Commencement Date, will have good and marketable title to a valid and subsisting leasehold interest in such Equipment, subject only to Permitted Exceptions.
Sample 1
Acceptance and Lease of Equipment. The Lessor hereby leases to the --------------------------------- Lessee for the Lease Term (as hereinafter defined), the Equipment, and the Lessee hereby leases from the Lessor for the Lease Term, the Lessor's interest in the Equipment, together with any accessories, replacements and substitutions therefor which may be made by the Lessee pursuant to the terms of this Master Lease. The Lessee shall have the right from time to time to release items of the Equipment and to substitute items of other equipment strictly in accordance with the provisions of Section 6.3 of the Participation Agreement. Each such ----------- substitution shall be subject to the approval of the Agent, which approval may be withheld in its sole discretion.
Sample 1
Acceptance and Lease of Equipment. With respect to each Advance under Section 2.4.2 of the Participation Agreement, on the Advance Date for that Advance, subject to satisfaction or waiver of the conditions precedent set forth in Article III of the Participation Agreement, Lessor shall lease to Lessee hereunder, and Lessee shall lease from Lessor hereunder, the Equipment accepted on that Advance Date by Lessee under a Certificate of Acceptance pursuant to the Participation Agreement for the Lease Term. With respect to each Advance made under Section 2.4.3 of the Participation Agreement, on the date the Equipment to which that Advance is related is acquired, subject to satisfaction or waiver of the conditions precedent set forth in Article III of the Participation Agreement, Lessor shall lease to Lessee hereunder, and Lessee shall lease from Lessor hereunder, the Equipment accepted on the date such Equipment is acquired under a Certificate of Acceptance pursuant to the Participation Agreement for the Lease Term.
Sample 1
Acceptance and Lease of Equipment. Promptly after delivery of the Equipment to Lessee at the Equipment Location, Lessxx xxxll execute and deliver to Lessor the Delivery and Acceptance Certificate. Lessxx xxxees that effective upon such execution and delivery all of the certifications and acknowledgements of Lessee contained therein are incorporated herein by reference as if fully set forth herein. Lessxx xxxeby agrees to lease to Lessee hereunder, and Lessxx xxxexx xxxees to lease from Lessor hereunder, the Equipment for the Term.
Sample 1
Acceptance and Lease of Equipment. Subject to the conditions set forth in the Participation Agreement, including without limitation the satisfaction or waiver of the conditions set forth in Section 4 thereof, the Lessor Trustee hereby agrees to accept, pursuant to the terms
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Acceptance and Lease of Equipment. On each Equipment Acquisition Date, Lessor, subject to the satisfaction or waiver of the conditions set forth in Article 6 of the Participation Agreement, hereby agrees to accept delivery on such Equipment Acquisition Date of the interest in the Units of Equipment of an
Sample 1
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Acceptance and Lease of Equipment. On each Lease Supplement Closing Date, subject to the satisfaction or waiver of the conditions set forth in Article VI of the Participation Agreement and its receipt of Funds from the Participants, (a) Lessor hereby agrees to accept delivery on such Lease Supplement Closing Date of the interest in the Equipment to be delivered pursuant to the terms of the Participation Agreement and simultaneously to lease such Equipment to Lessee under this Lease, and (b) Lessee hereby agrees, expressly for the direct benefit of Lessor, Agent and the Participants, to lease from Lessor hereunder, for the applicable Lease Term, the Equipment to be delivered on such Lease Supplement Closing Date.
Sample 1
Acceptance and Lease of Equipment. Subject to each Participant's satisfaction or waiver, as applicable, of the conditions set forth in Articles II and III of the Participation Agreement, on each Delivery Date and upon execution and delivery of a Lease Supplement covering all of the Equipment to be purchased on such date, Lessors shall lease to the Lessee, and Lessee will lease from the Lessors, on the terms and subject to the conditions in this Lease and such Lease Supplement, the Equipment purchased by the Agent on behalf of the Lessors on such Delivery Date.
Sample 1

Related to Acceptance and Lease of Equipment

  • LEASE OF EQUIPMENT Lessor leases to Lessee, and Lessee leases from Lessor, all the property described in the Lease Schedules which are signed from time to time by Lessor and Lessee.

  • Purchase of Equipment (a) Lessor is not obligated to purchase or lease Equipment, including the Software, unless before the Expiration Date on a Schedule: (i) Lessor receives from Lessee a fully signed and completed Agreement, Schedule and such other documents as Lessor may require: (ii) Lessor has confirmed to its satisfaction, either in writing or pursuant to a telephone audit, that the Equipment and any Software have been delivered and irrevocably accepted by Lessee; (iii) Lessor has received from Supplier clear and unencumbered title to the Equipment; and (iv) there is no Default (Section 13). So long as no Default has occurred, Lessor appoints Lessee its agent to inspect and accept the Equipment from Supplier simultaneously with acceptance of the Equipment for lease. For each Lease, Lessee irrevocably authorizes Lessor to adjust the Equipment Total Cost by no more than fifteen percent (15%) to account for change orders or returns, invoicing errors and similar matters, any adjustments required by commencement of any Lease after the applicable Expiration Date or to make any Leases continuous and agrees to any resulting adjustments in the TRANSACTION TERMS stated in the applicable Schedule. Lessor will send Lessee a written notice stating the final Equipment Total Cost and TRANSACTION TERMS, if different from those stated in the applicable Schedule.

  • Acceptance of Leased Premises Tenant acknowledges that: (a) it has been advised by Landlord, Landlord’s Broker and Tenant’s Broker, if any, to satisfy itself with respect to the condition of the Leased Premises (including, without limitation, the HVAC, electrical, plumbing and other mechanical installations, fire sprinkler systems, security, environmental aspects, and compliance with applicable laws, ordinances, rules and regulations) and the present and future suitability of the Leased Premises for Tenant’s intended use; (b) Tenant has made such inspection and investigation as it deems necessary with reference to such matters and assumes all responsibility therefor as the same relate to Xxxxxx’s occupancy of the Leased Premises and the Term of this Lease; and (c) neither Landlord nor Landlord’s Broker nor any of Landlord’s agents has made any oral or written representations or warranties with respect to the condition, suitability or fitness of the Leased Premises other than as may be specifically set forth in this Lease. Tenant accepts the Leased Premises in its AS IS condition existing on the date Tenant executes this Lease, subject to all matters of record and applicable laws, ordinances, rules and regulations. Tenant acknowledges that neither Landlord nor Landlord’s Broker nor any of Landlord’s agents has agreed to undertake any alterations or additions or to perform any maintenance or repair of the Leased Premises except for the routine maintenance and janitorial work specified herein and except as may be expressly set forth in Exhibit B. If Landlord, for any reason whatsoever, cannot deliver possession of the Leased Premises to Tenant on the estimated commencement date in the condition specified in this Section 2.2, Landlord shall neither be subject to any liability nor shall the validity of this Lease be affected; provided, the Term and the obligation to pay Gross Rent shall commence on the date possession is actually tendered to Tenant (which date shall become the Term Commencement Date) and the Term Expiration Date shall be extended commensurately. If the Term Commencement Date and/or the Term Expiration Date is other than the Term Commencement Date and Term Expiration Date specified in the Basic Lease Information or is not set forth in the Basic Lease Information, the parties shall execute that certain Confirmation of Term of Lease, substantially in the form of Exhibit C hereto specifying the actual Term Commencement Date, Term Expiration Date and the date on which Tenant is to commence paying Rent. Tenant shall execute and return such Confirmation of Term of Lease to Landlord within fifteen (15) days after Xxxxxx’s receipt thereof. If Xxxxxx fails to execute and return (or reasonably object in writing to) the Confirmation of Term of Lease within fifteen (15) days after receiving it, Tenant shall be deemed to have executed and returned it without exception.

  • Lease of Aircraft Lessor agrees to lease the Aircraft to Lessee pursuant to the provisions of FAR Section 91.501(b)(6) and Section 91.501(c)(1) and this Agreement, and to provide a fully-qualified and credentialed flight crew for all flights to be conducted hereunder during the Term (as defined in Section 13) hereof. The parties acknowledge and agree that this Agreement did not result in any way from any direct or indirect advertising, holding out or soliciting on the part of Lessor or any person purportedly acting on behalf of Lessor. Lessor and Lessee intend that the lease of the Aircraft effected by this Agreement shall be treated as a “wet lease” pursuant to which Lessor provides transportation services to Lessee in accordance with FAR Section 91.501(b)(6) and Section 91.501(c)(1).

  • New Lease The Ground Lease requires the ground lessor to enter into a new lease with Lender upon termination of the Ground Lease for any reason, including rejection of the Ground Lease in a bankruptcy proceeding.

  • Lease of Premises Landlord hereby leases to Tenant and Tenant hereby leases from Landlord the Premises for the Term and upon the terms, covenants and conditions provided in this Lease.

  • Location of Real Property and Leased Premises (a) Schedule 3.20(a) lists completely and correctly as of the Closing Date all real property owned by the Borrower and the Subsidiaries and the addresses thereof. The Borrower and the Subsidiaries own in fee all the real property set forth on Schedule 3.20(a).

  • Office Space, Equipment and Facilities Provide such office space, office equipment and office facilities as are adequate to fulfill the Adviser’s obligations hereunder.

  • Construction of Lease This Lease has been prepared by Landlord and its professional advisors and reviewed by Tenant and its professional advisors. Landlord, Tenant, and their advisors believe that this Lease is the product of all their efforts, that it expresses their agreement, and agree that it shall not be interpreted in favor of either Landlord or Tenant or against either Landlord or Tenant merely because of their efforts in preparing it.

  • Use of Equipment Lessee shall use the Equipment solely in the conduct of its business, in a manner and for the use contemplated by the manufacturer thereof, and in compliance with all laws, rules and regulations of every governmental authority having jurisdiction over the Equipment or Lessee and with the provisions of all policies of insurance carried by Lessee pursuant to Section 3.6.

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