Common use of LESSEE'S EQUIPMENT Clause in Contracts

LESSEE'S EQUIPMENT. At any time after the occurrence of an Event of Default, Lessor may send written notice to Lessee to remove all of Lessee's Equipment and property from the Premises. If Lessee shall fail to remove such Equipment and property within five (5) business days after receipt of such notice from Lessor, then Lessor may remove such Equipment and property from the Premises and arrange for storage of such Equipment and property at another location, all at the sole cost and expense of Lessee. In the event of any such removal of Lessee's Equipment and other property from the Premises by Lessor, Lessee waives any and all claims against Lessor regarding the removal and storage of its Equipment and property including, without limitation, the manner of removal, cost of removal, location of storage, cost of storage and damage to or missing Equipment and property.

Appears in 3 contracts

Samples: Lease Agreement (Manchester Technologies Inc), Lease Agreement (Manchester Technologies Inc), Lease Agreement (Manchester Technologies Inc)

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LESSEE'S EQUIPMENT. At any time after the occurrence of an Event of Default, Lessor may send written notice to Lessee to remove all of Lessee's ’s Equipment and property from the Premises. If Lessee shall fail to remove such Lessee’s Equipment and property within five (5) business days after receipt of such notice from Lessor, then Lessor may remove such Lessee’s Equipment and property from the Premises and arrange for storage of such Lessee’s Equipment and property at another location, all at the sole cost and expense of Lessee. In the event of any such removal of Lessee's Equipment , and other property from the Premises by Lessor, Lessee waives any and all claims against Lessor regarding the removal and storage of its Lessee’s Equipment and property including, without limitation, the manner of removal, cost of removal, location of storage, cost of storage and damage to or missing Equipment and propertyLessee’s Equipment.

Appears in 1 contract

Samples: Lease Agreement (National American University Holdings, Inc.)

LESSEE'S EQUIPMENT. At any time after the occurrence of an Event of Default, Lessor may send written notice to Lessee to remove all of Lessee's ’s Equipment and property from the Premises. If Lessee shall fail to remove such Equipment and property within five (5) ten business days after receipt of such notice from Lessor, then Lessor may remove such Equipment and property from the Premises and arrange for storage of such Equipment and property at another location, all at the sole cost and expense of Lessee. In the event of any such removal of Lessee's ’s Equipment and other property from the Premises by Lessor, Lessee waives any and all claims against Lessor regarding the removal and storage of its Equipment and property including, without limitation, the manner of removal, cost of removal, location of storage, cost of storage and damage to or missing Equipment and property.

Appears in 1 contract

Samples: Lease Agreement (Inamed Corp)

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LESSEE'S EQUIPMENT. At any time after the occurrence of an Event of Default, Lessor may send written notice to Lessee to remove all of Lessee's Equipment and property from the Premises. If Lessee shall fail to remove such Equipment and property within five (5) business days after receipt of such notice from Lessor, then Lessor may remove such Equipment and property from the Premises and arrange for storage of such Equipment and property at another location, all at the sole cost and expense of Lessee. In the event of any such removal of Lessee's Equipment and other property from the Premises by Lessor, Lessee waives any and all claims against Lessor regarding the removal and storage of its Equipment and property including, without limitation, the manner of removal, cost of removal, location of storage, cost of storage and damage to or missing Equipment and property.

Appears in 1 contract

Samples: Lease Agreement (Point 360)

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