Late Delivery. If the Equipment or licensed program materials are not delivered to the Equipment Location on or before the 15th day after the Estimated Shipment Date, Lessor may, upon written notice to Lessee, increase the Lease Rate. Lessee may terminate the Lease for the affected item by giving Lessor written notice prior to delivery. Otherwise, the Rent shall be adjusted to reflect such increase.
Appears in 6 contracts
Samples: Term Lease Master Agreement (Michaels Stores Inc), Term Lease Master Agreement (Diamond Brands Operating Corp), Term Lease Master Agreement (Galileo International Inc)
Late Delivery. If the Equipment or licensed program materials are not delivered to the Equipment Location on or before the 15th day after the Estimated Shipment Date, Lessor may, upon written notice to Lessee, increase the Lease Rate. Lessee may terminate the Lease for the affected item by giving Lessor written notice prior to delivery. Otherwise, the Rent shall be adjusted to reflect such increase. 13.
Appears in 2 contracts
Samples: Term Lease Master Agreement (Wyndham Hotel Corp), Lease Master Agreement (Insurance Management Solutions Group Inc)
Late Delivery. If the Equipment or licensed program materials are not delivered to the Equipment Location on or before the 15th 5th day after the Estimated Shipment Date, Lessor may, upon written notice to Lessee, increase the Lease Rate. Lessee may terminate the Lease for the affected item by giving Lessor written notice prior to delivery. Otherwise, the Rent shall be adjusted to reflect such increase.
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