ADJUSTMENTS FOR ACTUAL COST. Upon Lessee's request, Lessor may, but shall have no obligation to, fund a Schedule which would cause the aggregate Cost of Equipment on all Schedules funded under this Lease to exceed the Master Lease Line. If at any time the actual aggregate Cost of all Equipment exceeds the Master Lease Line, the Advance Rental shall be increased proportionately. Lessee shall pay any additional sums for Advance Rental due under this Lease within five (5) business days after receiving notice from Lessor. Lessee may not request funding for a Schedule which would cause the aggregate Cost of Equipment under all Schedules funded under this Lease to exceed the Master Lease Line by more than ten percent (10%).
Appears in 3 contracts
Samples: Master Lease Agreement (Quality Care Solutions Inc), Master Lease Agreement (Skydesk Inc), Master Lease Agreement (Mortgage Com Inc)
ADJUSTMENTS FOR ACTUAL COST. Upon Lessee's request, Lessor may, but shall have no obligation to, fund a Schedule which would cause the aggregate Cost of Equipment on all Schedules funded under this Lease to exceed the Master Lease Line. If at any time the actual aggregate Cost of all Equipment exceeds the Master Lease Line, the Advance Rental shall be increased proportionately. Lessee shall pay any additional sums for Advance Rental due under this Lease within five (5) business days after receiving notice from Lessor. Lessee may not request funding for a Schedule which would cause the aggregate Cost of Equipment under all Schedules funded under this Lease to exceed the Master Lease Line by more than ten percent (10%).
Appears in 2 contracts
Samples: Master Lease Agreement (Homestead Com Inc), Master Lease Agreement (Coral Systems Inc)
