EQUIPMENT OWNERSHIP; LIENS; LOCATION Sample Clauses

EQUIPMENT OWNERSHIP; LIENS; LOCATION. As between Lessor and Lessee, Lessor is the sole owner of the Equipment and has sole title thereto, Lessee covenants that it will not pledge or encumber the Equipment or Lessor’s interest in the Equipment in any manner whatsoever nor create or permit to exist any xxxx, xxxx or encumbrance thereof or thereon except those created by or through Lessor. The Equipment shall remain Lessor’s personal property whether or not affixed to realty and shall not become a fixture or be made to become a part of any real property on which it is placed without Lessor’s prior written consent. If Lessee has been provided tags or identifying labels, Lessee will at Lessee’s expense affix and maintain the same in a prominent position on each item of Equipment to indicate Lessor’s ownership. Lessee may relocate any Equipment from the Equipment Location specified in the applicable Schedule to another of its business locations within the United States within five days written notice to Lessor specifying the new Equipment Location, provided Lessee remains in possession and control of the Equipment. Lessee shall not locate or relocate any Equipment such that any third party comes into possession or control thereof without Lessor’s prior written consent; provided, however, that Lessor shall not unreasonably withhold its consent to the location or relocation of Equipment to a third party co-location or hosting facility if such third party shall have executed and delivered to Lessor a waiver agreement in form and substance acceptable to Lessor pursuant to which, among other things, such third party shall have waived any rights to the Equipment and agreed to surrender the Equipment to Lessor in the event of a Lessee Default under this Master Agreement.
AutoNDA by SimpleDocs
EQUIPMENT OWNERSHIP; LIENS; LOCATION. As between Lessor and Lessee, Lessor is the sole owner of the Equipment and has sole title thereto. Lessee shall not make any representation to any third-party inconsistent with Lessor's sole ownership of the Equipment. Lessee covenants that it will not pledge or encumber the Equipment or Lessor's interest in the Equipment in any manner whatsoever nor create or permit to exist any levy, xxxx xx encumbrance thereof or thereon except those created by or through Lessor. The Equipment shall remain Lessor's personal property whether or not affixed to realty and shall not become a fixture or be made to become a part of any real property on which it is placed without Lessor's prior written consent. Lessee shall maintain the Equipment so that it may be removed from any building in which it is placed without any damage to the building or the Equipment. Lessee may relocate any Equipment from the Equipment Location specified in the applicable Schedule to another of its business locations within the United States upon prior written notice to Lessor specifying the new Equipment Location, provided Lessee remains in possession and control of the Equipment.
EQUIPMENT OWNERSHIP; LIENS; LOCATION. As between you and us, we are the sole owner of the Equipment and have sole title to it. You agree that you will not make any representation to any third-party inconsistent with our sole ownership of the Equipment. You agree that you will not pledge or encumber the Equipment or our interest in the Equipment in any way and will keep the Equipment free of all levies, security interests, liens or encumbrances, except those created by or through us. The Equipment will remain our personal property whether or not affixed to realty and will not become a fixture or be made to become a part of any real property on which it is placed without our prior written consent. You agree to maintain the Equipment so that it may be removed from any building in which it is placed without any damage to the building or the Equipment. You may relocate any Equipment from the Equipment Location specified in the applicable Schedule to another of your business locations within the same country upon prior written notice to us specifying the new Equipment Location, provided you remain in possession and control of the Equipment. "Equipment Location" means, as to any Equipment, the address at which such Equipment is located from time to time, as originally specified in the applicable Schedule and as subsequently specified in any notice delivered to us pursuant to this Section 10, if applicable.
EQUIPMENT OWNERSHIP; LIENS; LOCATION. Zebra is the sole owner of the Equipment and has sole title thereto. The Contracting Party warrants that it will not encumber the Equipment or their respective interest in the Equipment in any manner whatsoever, nor create or permit to exist any xxxx, xxxx or encumbrance thereof except those created by or through Zebra. End User shall not move the Equipment or any part thereof from the Location without Zebra's prior written consent.
EQUIPMENT OWNERSHIP; LIENS; LOCATION. Because the Equipment is leased and not purchased, the Lessor is the sole owner of the Equipment and has sole title thereto; Lessee shall not make any representation to any third party inconsistent with Lessor’s sole ownership of the Equipment. Lessee covenants with respect to each Lease that: A) it will not pledge or encumber the Equipment or Lessor’s interest in the Equipment in any manner whatsoever nor create or permit to exist any xxxx, xxxx or encumbrance thereof or thereon except those created by or through Lessor; B) the Equipment shall remain personal property whether or not affixed to realty and shall not become a fixture or be made to become a part of any real property on which it is placed without Lessor’s prior written consent, C) the Equipment shall not be moved by or on behalf of the Lessee from the Equipment Location specified in the applicable Schedule to any other location or used by any party other than Lessee for Lessee's institution purposes, except in strict accordance with the written consent of Lessor. An amendment to the applicable Schedule identifying the new location must be approved by both parties and attached to this Master Lease Agreement, and D) any and all costs of moving the Equipment during the Term shall be borne solely by Lessee. Only Lessor or its designee shall provide for the moving of any leased equipment covered by this Master Lease Agreement.
Time is Money Join Law Insider Premium to draft better contracts faster.