No Sale or Security Interest Intended. This Agreement constitutes a lease of the property described herein and not a sale or the creation of a security interest. STI shall not have, or at any time acquire, any right, title, or interest in the property except the right to possession and use as provided in this Agreement. MDC shall at all times be the sole owner of the property.
No Sale or Security Interest Intended. This Contract constitutes a rental lease or bailment of Equipment to Customer as a bailee and is not a sale or the creation of a security interest. Customer will not have, or at any time seek to acquire, any right, title, or interest in Equipment, except the right to possession and use as provided for in this Contract. Between BigRentz and Customer, BigRentz will at all times retain full and rightful interest in Equipment.
No Sale or Security Interest Intended. This Agreement constitutes a lease of the tools or equipment described on the face hereof and is not a sale or the creation of a security interest in the leased property. Customer does not have and will not have, at any time, any right, title or interest in the leased property, except the right to possession and use as provided in this Agreement.
No Sale or Security Interest Intended. This agreement constitutes a lease of the Equipment and not a sale or the creation of a security interest. Unless and until Lessee exercises its purchase option, Lessor retains sole ownership and title of the Equipment subject to any liens it has granted, and Lessee will not have any right, title, equity or other interest in the Equipment, except the right to possession and use as provided for in this Lease.
No Sale or Security Interest Intended. This Agreement constitutes a lease of the TANKER TRAILER and is not a sale or the creation of a security interest in the TANKER TRAILER. Lessor at all times retains sole ownership and title to the TANKER TRAILER, and Xxxxxx does not have and will not, at any time, acquire any right, title, equity, or other interest in the TANKER TRAILER, except the right to possession and use as provided for in this Agreement.
No Sale or Security Interest Intended. This Agreement constitutes a lease of the property described in Schedule A, and is not a sale or the creation of a security interest in the leased property. Lessor at all times retains sole ownership and title to the leased property, and Lessee does not have and will not, at any time, acquire any right, title, equity, or other interest in the property, except the right to possession and use as provided for in this Agreement.
No Sale or Security Interest Intended. This Agreement constitutes a Lease of the property described in the attached Schedule and not a sale or the creation of a security interest. T&P shall at all times retain sole ownership and title of the leased property, and AM-PAC shall not have or at any time acquire any right, title, equity, or other interest in the property, except the right to possession and use as provided for in this Agreement.
