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.
Appears in 2 contracts
Samples: Master Lease Agreement (Northwest Pipe Co), Master Lease Agreement (Western Beef Inc /De/)
DELIVERY, USE AND OPERATION. (a) The parties acknowledge that this transaction is a sale/leaseback transaction of the Equipment and the such Equipment is in Lessee's ’s possession or in the possession of Lessee’s Affiliates as of the Lease Basic Term Commencement Date.
Appears in 1 contract
Samples: Master Lease Financing Agreement (First American Corp)
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 Basic Term Commencement Date.
Appears in 1 contract
DELIVERY, USE AND OPERATION. (a) The parties acknowledge that this transaction is a sale/leaseback transaction of the Equipment and the such Equipment is in Lessee's possession or in the possession of Lessee's Affiliates as of the Lease Basic Term Commencement Date.
Appears in 1 contract
Samples: Master Lease Agreement (First American Financial Corp)
