Common use of General Agreement Clause in Contracts

General Agreement. With respect to the Financed Vehicles, each Lessee and the Lessor each intend that the Base Lease, as supplemented by this Lease Annex, constitute a financing arrangement and the Lessor hereby declares, acknowledges and agrees that the ownership of the Financed Vehicles rests solely with such Lessee subject to the security interest granted hereunder to the Lessor.

General Agreement. With respect to the Financed Vehicles, each Lessee the Lessees and the Lessor each intend that the Base LeaseAgreement, as supplemented by this Lease Annex, constitute a financing arrangement and that the relationship between the Lessor and the Lessees pursuant thereto and hereto shall always be only that of lessor and lessee, and the Lessor hereby declares, acknowledges and agrees that the ownership of the each Financed Vehicles Vehicle leased hereunder rests solely with such the Lessee thereof subject to the security interest granted hereunder to the Lessor.

General Agreement. With respect to the Financed Vehicles, each the Lessee and the Lessor each intend that the Base Lease, as supplemented by this Lease Annex, constitute a financing arrangement and that the relationship between the Lessor and the Lessee pursuant thereto and hereto shall always be only that of lessor and lessee, and the Lessor hereby declares, acknowledges and agrees that the ownership of the Financed Vehicles rests solely with such the Lessee subject to the security interest granted hereunder to the Lessor.

General Agreement. With respect to the Financed Vehicles, each Lessee and the Lessor each intend that the Base Lease, as supplemented by this Lease Annex, constitute a financing arrangement and the Lessor hereby declares, acknowledges and agrees that the ownership of the Financed Vehicles rests tens solely with such Lessee subject to the security interest granted hereunder to the Lessor.

General Agreement. With respect to the Financed Vehicles, each Lessee the Lessees and the Lessor each intend that the Base LeaseAgreement, as supplemented by this Lease Annex, constitute a financing arrangement and that the relationship between the Lessor and the Lessees pursuant thereto and hereto shall always be only that of lender and borrower, and the Lessor hereby declares, acknowledges and agrees that the ownership of the each Financed Vehicles Vehicle leased hereunder rests solely with such the Lessee thereof subject to the security interest granted hereunder to the Lessor.