Common use of Cancellation for non-delivery Clause in Contracts

Cancellation for non-delivery. If, within 30 days after the LEASE is signed by LESSEE, the EQUIPMENT has not been delivered to and accepted by LESSEE and if LESSOR has accepted the LEASE by signing, LESSOR, by written notice to LESSEE, shall have the option at any time thereafter to terminate LESSOR's obligation, if any, to lease the subject EQUIPMENT to LESSEE.

Appears in 3 contracts

Samples: Master Lease Agreement (Greatfood Com Inc), Master Lease Agreement (Quintek Technologies Inc), Lease Agreement (Lifepoint Inc)

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Cancellation for non-delivery. If, within 30 days after by August 31, 2005, and providing the LEASE is has been signed by LESSEE, the EQUIPMENT has not been delivered to and accepted by LESSEE and if LESSOR has accepted the LEASE by signing, LESSOR, by written notice to LESSEE, shall have the option at any time thereafter to terminate LESSOR's ’s obligation, if any, to lease the subject EQUIPMENT to LESSEE.

Appears in 1 contract

Samples: Master Lease Agreement (IsoRay, Inc.)

Cancellation for non-delivery. If, within 30 days after the LEASE is signed by LESSEEXXXXXX, the EQUIPMENT has not been delivered to and accepted by LESSEE XXXXXX and if LESSOR XXXXXX has accepted the LEASE by signing, LESSOR, by written notice to LESSEE, shall have the option at any time thereafter to terminate LESSOR's ’s obligation, if any, to lease the subject EQUIPMENT to LESSEE.

Appears in 1 contract

Samples: Master Lease Agreement (InterMetro Communications, Inc.)

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Cancellation for non-delivery. If, If within 30 days after the LEASE is signed by LESSEE, the EQUIPMENT has not been delivered to and accepted by LESSEE and if LESSOR has accepted the LEASE by signing, . LESSOR, by written notice to LESSEE, shall have the option at any time thereafter to terminate LESSOR's obligation, if any, to lease the subject EQUIPMENT to LESSEE.

Appears in 1 contract

Samples: Master Lease Agreement (Stamps Com Inc)

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