Common use of Leasing Equipment Clause in Contracts

Leasing Equipment. Merchant agrees that in the event a lease is requested by the merchant, the merchant shall select the term (length) of the lease and agrees to the monthly lease payment amount. Merchant understands and agrees that the lease is a separate contract from Canmor's merchant agreement and the lease agreement is a contractual obligation to purchase equipment between Merchant and leasing company. Merchant acknowledges the lease is NON CANCELLABLE and any disputes, late payment, requests to cancel or payout of the remaining lease, disposition of equipment is subject to the Terms and Conditions of the lease agreement. Commencing on the effective date of the lease, merchant shall communicate with leasing company on all lease matters.

Leasing Equipment. Merchant Xxxxxxxx agrees that in the event a lease is requested by the merchant, the merchant shall select the term (length) of the lease and agrees to the monthly lease payment amount. Merchant understands and agrees that the lease is a separate contract from Canmor's merchant agreement and the lease agreement is a contractual obligation to purchase equipment between Merchant and leasing company. Merchant acknowledges the lease is NON CANCELLABLE and any disputes, late payment, requests to cancel or payout of the remaining lease, disposition of equipment is subject to the Terms and Conditions of the lease agreement. Commencing on the effective date of the lease, merchant shall communicate with leasing company on all lease matters.

Leasing Equipment. Merchant agrees that in the event a lease is requested by the merchant, the merchant shall select the term (length) of the lease and agrees to the monthly lease payment amount. Merchant understands and agrees that the lease is a separate contract from Canmor's merchant agreement and the lease agreement is a contractual obligation to purchase equipment between Merchant and leasing company. Merchant acknowledges the lease is NON CANCELLABLE and any disputes, late payment, requests to cancel or payout of the remaining lease, as well as disposition of equipment is subject to the Terms and Conditions of the lease agreement. Commencing on the effective date of the lease, merchant shall communicate with leasing company on all lease matters.