Common use of Continuation of Lease Term Clause in Contracts

Continuation of Lease Term. Lessee intends, subject to Section 3.03, to continue the Lease Term of each Lease and to pay the Rental Payments thereunder. Lessee affirms that sufficient funds are legally available for its current fiscal year to pay any Rental Payments when due during the current fiscal year, and Lessee reasonably believes that an amount sufficient to make all Rental Payments during the entire Lease Term of each Lease can be obtained from legally available funds of Lessee.

Appears in 2 contracts

Samples: Master Equipment Lease/Purchase Agreement, Master Equipment Lease/Purchase Agreement

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Continuation of Lease Term. Lessee intends, subject to Section 3.03, to continue the Lease Term of each Lease and to pay the Rental Payments thereunderand Additional Rental Payments hereunder. Lessee affirms that sufficient funds are legally available for its current fiscal year Fiscal Year to pay any Rental Payments Rentals under the Agreement when due during the current fiscal yearFiscal Year (but only if any such Rentals are in fact due during its current Fiscal Year), and Lessee reasonably believes that an amount sufficient to make all Rental Payments during the entire Lease Term of on each Lease scheduled Rental Payment Date can be obtained from legally available funds of Lessee.

Appears in 1 contract

Samples: Equipment Lease Agreement

Continuation of Lease Term. Lessee intends, subject to Section 3.03, to continue the Lease Term of each Lease and to pay the Rental Payments thereunderand Additional Rental Payments hereunder. Lessee affirms that sufficient funds are legally available for its current fiscal year Fiscal Year to pay any Rental Payments Rentals under the Agreement when due during the current fiscal yearFiscal Year, and Lessee reasonably believes that an amount sufficient to make all Rental Payments during the entire Lease Term of on each Lease scheduled Rental Payment Date can be obtained from legally available funds of Lessee.

Appears in 1 contract

Samples: Equipment Lease Agreement

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Continuation of Lease Term. Lessee intends, subject to Section 3.03, to continue the Lease Term of each Lease and to pay the Rental Payments thereunderunder the Lease. Lessee affirms that sufficient funds are legally available for its current fiscal year to pay any Rental Payments when due during the current fiscal year, and Lessee reasonably believes that an amount sufficient to make all Rental Payments during the entire Lease Term of each Lease can be obtained from legally available funds of Lessee.

Appears in 1 contract

Samples: Equipment Lease/Purchase Agreement

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