Lessee's Duty to Return Equipment Upon Default. If Lessor or any assignee of Lessor shall terminate this Lease pursuant to this Section 15 and shall have provided to Lessee the written demand specified in Section 15.1(b), Lessee shall forthwith deliver possession of such Units to Lessor. For the purpose of delivering possession of any Unit to Lessor as above required, Lessee shall at its own cost, expense and risk:
Appears in 6 contracts
Samples: Equipment Lease Agreement (Kansas City Southern), Equipment Lease Agreement (Kansas City Southern), Equipment Lease Agreement (Kansas City Southern)
Lessee's Duty to Return Equipment Upon Default. If Lessor or any assignee of Lessor shall terminate this Lease pursuant to this Section 15 and shall have provided to Lessee the written demand specified in Section 15.1(b), Lessee shall forthwith deliver possession of such Units to Lessor. For the purpose of delivering possession of any Unit to Lessor as above required, Lessee shall at its own cost, expense and risk:Section
Appears in 2 contracts
Samples: Equipment Lease Agreement (Trinity Industries Inc), Equipment Lease Agreement (Trinity Industries Inc)
Lessee's Duty to Return Equipment Upon Default. If Lessor or any assignee of Lessor shall terminate this Lease pursuant to this Section 15 and shall have provided to Lessee the written demand specified in Section 15.1(b), Lessee shall forthwith deliver possession of such Units the units not then subject to Lessor. For the purpose of delivering possession of any Unit a Sublease to Lessor as above required, (except where Lessor has received all amounts payable by Lessee shall at its own cost, expense and risk:pursuant to any notice provided by Lessor under
Appears in 1 contract
Lessee's Duty to Return Equipment Upon Default. If Lessor or any assignee of Lessor shall terminate this Lease the leasing of any or all Units pursuant to this Section 15 17 and shall have provided to Lessee the written demand specified in Section 15.1(b)17.1(b) with respect to such Units, Lessee shall forthwith deliver possession of and return such Units to LessorLessor in accordance with Section 9.1 (except where Lessor has received all amounts payable by Lessee pursuant to any notice provided by Lessor under Section 17.1(e)(ii)). For All Units returned shall be in the purpose of delivering possession of any Unit to Lessor as above required, Lessee shall at its own cost, expense condition required by Sections 9.1 and risk:9.2.
Appears in 1 contract
Samples: Lease Agreement (Geokinetics Inc)