Common use of Lease of Equipment; Provider of Leasing Services Clause in Contracts

Lease of Equipment; Provider of Leasing Services. If you are leasing Equipment, these Lease terms apply. The term of this Lease is the number of months stated on the Order (the “Lease Term”) and begins on the date the Equipment is shipped if we don’t install the Equipment, and the date of installation if we install the Equipment. You may not cancel this Lease for any reason and all payment obligations under this Lease are unconditional. You understand that we own the Equipment. Except as stated in Section 14, you don’t have the right to become the owner of the Equipment at the end of the Lease Term.

Appears in 2 contracts

Samples: Terms and Conditions, Terms and Conditions

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Lease of Equipment; Provider of Leasing Services. If you are leasing Equipment, these Lease terms Terms apply. The term of this Lease is the number of months stated on the Order (the “Lease Term”) and begins on the date the Equipment is shipped if we don’t install the Equipment, and the date of installation if we install the Equipment. You may not cancel this Lease for any reason and all payment obligations under this Lease are unconditional. You understand that we own the Equipment. Except as stated in Section 14, you don’t have the right to become the owner of the Equipment at the end of the Lease Term.

Appears in 1 contract

Samples: Terms and Conditions

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Lease of Equipment; Provider of Leasing Services. If you are leasing Equipment, these Lease terms Terms apply. The term of this Lease is the number of months stated on the Order (the “Lease Term”) and begins on the date the Equipment is shipped if we don’t install the Equipment, and the date of installation if we install the Equipment. You may not cancel this Lease for any reason and all payment obligations under this Lease are unconditional. You understand that we own the Equipment. Except as stated in Section 1415, you don’t have the right to become the owner of the Equipment at the end of the Lease Term.

Appears in 1 contract

Samples: Terms and Conditions

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