Common use of EQUIPMENT PROCUREMENT CHARGES/PROGRESS PAYMENTS Clause in Contracts

EQUIPMENT PROCUREMENT CHARGES/PROGRESS PAYMENTS. Lessee hereby agrees that Lessor shall not, by virtue of its entering into this Lease, be required to remit any payments to any manufacturer or other third party until Lessee accepts the Equipment subject to this Lease and in accordance with Section 2.2 "Commencement Date" hereof.

Appears in 1 contract

Samples: Master Lease Agreement (Focal Inc)

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EQUIPMENT PROCUREMENT CHARGES/PROGRESS PAYMENTS. Lessee hereby agrees that Lessor lessor shall not, by virtue of its entering into this Master Lease, be required to remit any payments to any manufacturer or other third party until Lessee accepts the Equipment subject to this Lease and in accordance with Section 2.2 "Commencement Date" hereofMaster Lease.

Appears in 1 contract

Samples: Master Lease Agreement (Silicon Image Inc)

EQUIPMENT PROCUREMENT CHARGES/PROGRESS PAYMENTS. Lessee hereby agrees that Lessor shall not, by virtue of its entering into this Master Lease, be required to remit any payments to any manufacturer or other third party until Lessee accepts the Equipment subject to this Lease and in accordance with Section 2.2 "Commencement Date" hereof.Master Lease

Appears in 1 contract

Samples: Master Lease Agreement (Omm Inc)

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EQUIPMENT PROCUREMENT CHARGES/PROGRESS PAYMENTS. Lessee hereby agrees that Lessor shall not, by virtue of its entering into this Lease, be required to remit any payments to in any manufacturer or other third party until Lessee accepts the Equipment subject to this Lease and in accordance with Section 2.2 "Commencement Date" hereofLease.

Appears in 1 contract

Samples: Master Lease Agreement (Acusphere Inc)

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