DELIVERY, USE AND OPERATION. (a) All Equipment shall be shipped directly from the Supplier to Lessee.
DELIVERY, USE AND OPERATION. (a) All Equipment shall be shipped directly from the Supplier to Lessee. (b) Lessee agrees that the Equipment will be used by Lessee solely in the conduct of its business and in a manner complying with all applicable federal, state, and local laws and regulations. (c) LESSEE SHALL NOT ASSIGN, MORTGAGE, SUBLET OR HYPOTHECATE ANY EQUIPMENT, OR THE INTEREST OF LESSEE HEREUNDER, NOR SHALL LESSEE REMOVE ANY EQUIPMENT FROM THE CONTINENTAL UNITED STATES, WITHOUT THE PRIOR WRITTEN CONSENT OF THE LESSOR. (d) Lessee will keep the Equipment free and clear of all liens and encumbrances other than those which are granted in favor of or result from acts of Lessor.
DELIVERY, USE AND OPERATION. (a) The parties acknowledge that this is a sale/leaseback transaction and the Equipment is in Lessee's possession as of the Lease Commencement Date.
DELIVERY, USE AND OPERATION. (a) All Equipment shall be shipped directly from Supplier to Lessee (unless the Equipment is being leased pursuant to a sale-leaseback transaction in which case Lessee represents and warrants that it is in possession of the Equipment as of the Lease Commencement Date).
DELIVERY, USE AND OPERATION. (a) Lessee represents and warrants that the Equipment shall be in Lessee’s possession as of the Basic Term Commencement Date.
DELIVERY, USE AND OPERATION. (a) The parties acknowledge that this transaction relating to Equipment described on Equipment Schedules is a sale/leaseback transaction, and that the Stella Equipment is in Stella's possession as of the Lease Commencement Date and the Mxxx Equipment is in Mxxx' possession as of the Lease Commencement Date.
DELIVERY, USE AND OPERATION. (a) All Equipment shall be shipped directly from the Supplier to Lessee. (b) Lessee agrees that the Equipment will be used by Lessee solely in the conduct of its business and in a manner complying
DELIVERY, USE AND OPERATION. 3 5. MAINTENANCE................................................... 4 6. INSURANCE..................................................... 4 7.
DELIVERY, USE AND OPERATION. All Equipment shall be shipped directly from the Supplier to Lessee. lessee agrees that the Equipment will be used by Lessee solely in the conduct of its business and in a manner complying with all applicable laws, regulations and insurance policies; Lessee will not move any equipment form the location specified on the Schedule, without the prior written consent of Lessor which consent will not be unreasonably withheld. Lessee will keep the Equipment free and clear of all liens and encumbrances other than those which result form acts of Lessor. Lessor shall not disturb Lessee's quiet enjoyment of the Equipment during the term of the Agreement unless defaults has occurred and is continuing under this Agreement.
DELIVERY, USE AND OPERATION. SUBSTITUTION). -----------------------------------------------------
