Common use of Lessee's Rights on Pre-payment or Payment in Full Clause in Contracts

Lessee's Rights on Pre-payment or Payment in Full. Except as otherwise provided in Section 6.1 hereof, upon (i) the Lessee's exercise of the right of Pre-payment in accordance with the preceding subsection, or (ii) the Lessee's having satisfied all of its monetary and other obligations hereunder, the Lessor shall deliver to the Lessee all documents necessary to transfer or confirm, as the case may be, legal and beneficial title, and possession free of all liens and encumbrances created by, through, or under Lessor, to the Lessee and to evidence the termination of the Lessor's interest therein. The Equipment will be accepted by the Lessee at that time on an AS IS, WHERE IS basis and the Lessor makes no warranties or representations of any type as to the Equipment.

Appears in 10 contracts

Samples: Master Lease Agreement, Master Lease Agreement, Master Lease Agreement

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Lessee's Rights on Pre-payment or Payment in Full. Except as otherwise provided in Section 6.1 hereof, upon (i) the Lessee's exercise of the right of Pre-Pre- payment in accordance with the preceding subsection, or (ii) the Lessee's having satisfied all of its monetary and other obligations hereunder, the Lessor shall deliver to the Lessee all documents necessary to transfer or confirm, as the case may be, legal and beneficial title, and possession free of all liens and encumbrances created by, through, or under Lessor, to the Lessee and to evidence the termination of the Lessor's interest therein. The Equipment will be accepted by the Lessee at that time on an AS IS, WHERE IS basis and the Lessor makes no warranties or representations of any type as to the Equipment.

Appears in 1 contract

Samples: Master Lease Agreement

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Lessee's Rights on Pre-payment or Payment in Full. Except as otherwise provided in Section 6.1 hereof, upon (i) the Lessee's exercise of the ofthe right of PreofPre-payment in accordance with the preceding subsection, or (ii) the Lessee's having satisfied all of its ofits monetary and other obligations hereunder, the Lessor shall deliver to the Lessee all documents necessary to transfer or confirm, as the case may be, legal and beneficial title, and possession free of all ofall liens and encumbrances created by, through, or under Lessor, to the Lessee and to evidence the termination of the Lessorofthe Xxxxxx's interest therein. The Equipment will be accepted by the Lessee at that time on an AS IS, WHERE IS basis and the Lessor makes no warranties or representations of any ofany type as to the Equipment.

Appears in 1 contract

Samples: Master Lease Agreement

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