Common use of DELIVERY AND ACCEPTANCE OF EQUIPMENT Clause in Contracts

DELIVERY AND ACCEPTANCE OF EQUIPMENT. Acceptance of the Equipment occurs upon delivery. When Xxxxxx receives the Equipment, Xxxxxx agrees to inspect it and to verify by telephone or in writing such information as Lessor may require. Delivery and installation costs are Lessee’s responsibility. If Xxxxxx signed a purchase contract for the Equipment, by signing this Lease Lessee assigns its rights, but none of its obligations under the purchase contract, to Lessor.

Appears in 4 contracts

Samples: Lease Agreement, Lease Agreement, Lease Purchase Agreement

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DELIVERY AND ACCEPTANCE OF EQUIPMENT. Acceptance of the Equipment occurs upon delivery. When Xxxxxx receives the Equipment, Xxxxxx agrees to inspect it and to verify by telephone or in writing such information as Lessor may require. Delivery and installation costs are the Lessee’s responsibility. If Xxxxxx signed a purchase contract for the Equipment, by signing this Lease Lessee assigns its rights, but none of its obligations under the purchase contract, to Lessor.

Appears in 2 contracts

Samples: Lease Agreement, Lease Agreement

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