Equipment Lease. “Equipment Lease” means a personal property lease covering any item(s) of FF&E, including (without limitation) the Contracts identified as Equipment Leases in the Schedule of Contracts attached hereto as Exhibit J.
Equipment Lease. Any Equipment, including Required Equipment, provided by Reachify hereunder is leased to Subscriber. Pricing on a Service Order reflects an equipment lease, not a purchase.
Equipment Lease. CUE shall also supply such pagers on a --------------- thirty-six (36) month lease at $*** per month provided that:
(a) the Distributor meets the usual commercial credit requirements imposed by third party leasing organizations; and
(b) the Distributor meets all the requirements specified in paragraphs 8(a), 8(b) and 8(c).
Equipment Lease. The terms of this Appendix B shall be the supplemental terms and conditions (“STCs”) to the General Terms and Conditions for Indirect Procurement (“GTCs”) between Buyer and Supplier and apply to the lease of capital/manufacturing equipment together with all substitutions, replacements, repairs, parts, and attachments thereto, (“Equipment”) and services related to the production, calibration and/or installation thereof (“Services”). For purposes of this STCs and each Lease, (a) the term “
Equipment Lease. Tenant shall not enter into any equipment lease that is not a capital lease for equipment having a fair market value exceeding U.S.$50,000, or annual lease expense exceeding U.S.$50,000, without the prior written consent of Landlord, and all such Equipment Leases shall expressly authorize a turnover to Landlord or its designee of such equipment and Equipment Lease pursuant to the terms of the Turnover Agreement. Tenant agrees to turn over delivery of such equipment to Landlord or its designee in good operating condition and repair at the termination of this Lease. The dollar limits in this Section 4.7 shall increase annually by 3%, compounded annually.
Equipment Lease a) If as part of your subscription you are leasing equipment, we will lease to you equipment as set out on the Order (the “Equipment”). The Equipment is provided “as is” without warranties or conditions of any kind, either express or implied, including any warranty of satisfactory quality, fitness for a particular purpose, or freedom from interference or infringement. You bear the entire risk of loss to the Equipment from the date of dispatch by us to you. We are not liable for any loss, damage or expense caused directly or indirectly by the Equipment. All warranties, if any, with respect to the Equipment are made by the manufacturer of the Equipment.
b) You are leasing the Equipment for the term set out in the Order (the “Lease Term”).
c) You may from time to time request that we agree to the termination of the lease during the Lease Term. Should you wish to terminate, we will provide you with a written quotation setting forth the basis on which any agreed termination shall take place, which shall take into account all lease payments up to the date of the quotation. Such quotation shall remain valid unless and until you request a further quotation.
d) When the lease is for any reason is terminated during the Lease Term, you must pay to us all amounts already due to us plus all lease payments which would have been payable by you, less a discount at the rate of 3% per annum from the date each payment would have fallen due to the termination date.
e) Your lease will continue into a renewal period after the end of the Lease Term at the same payment frequency unless at least 1 month’s prior written notice is given by either party to the other expiring no earlier than the last day of the Lease Term.
f) Risk of loss and Insurance:
(i) Risk of loss to Equipment passes to you from the date of dispatch of the Equipment to you until the Equipment is returned to, and received by, us, regardless of cause, ordinary wear and tear excepted (“Loss”).
(ii) no Loss will relieve you of any of your obligations under the Lease. You must immediately notify us in writing of any Loss.
(iii) to protect the Equipment from Loss, you will either (1) keep the Equipment insured against Loss for its full replacement value under a comprehensive policy of insurance or other arrangement with an insurer of your choice, provided that it is reasonably satisfactory to us (“Insurance”); or (2) be enrolled in ValueMAX. “ValueMAX” is our product replacement programme and a waiver by us of your ob...
Equipment Lease. BBMSL hereby agrees to lease to the Merchant the Equipment, and the Merchant hereby agrees to take the Equipment on lease from BBMSL, all in accordance with the terms and conditions of the Agreement. Subject to early termination as elsewhere herein provided, the term of the lease period of each unit of Equipment leased by BBMSL to the Merchant shall be twenty-four (24) consecutive calendar months, starting from the Installation Date set out in the Application Form (hereinafter referred to as the “Lease Period”). The Lease Period will automatically renew at the end of each term for a further term of twenty-four (24) calendar months unless terminated in accordance with Clause 9 of the terms and conditions of this Agreement.
Equipment Lease. CUE will make available a lease program which provides that the pagers can be leased on a thirty-six (36) month lease at $*** per month provided that:
(a) the Affiliate meets the usual commercial credit requirements imposed by third party leasing organizations; and
(b) the Affiliate meets all the requirements specified in Paragraphs 9 (a) and 9 (b).
Equipment Lease. Contemporaneously with the execution of this Lease, Tewel Corporation ("Tewel") and Tenant have entered into that certain Equipment Lease (the "Equipment Lease") providing for the lease by Landlord and Tewel to Tenant of all furniture, fixtures, trade fixtures, equipment, machinery, tools, and other personal property therein described (collectively, the "Equipment") located on and used in connection with Premises. It is intended that this Lease be coterminous with the Equipment Lease. Any termination of this Real Property Lease shall automatically be deemed to effect a termination of the Equipment Lease.
Equipment Lease. Exhibit 1.1
