Common use of Equipment Lease Clause in Contracts

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 “