Common use of OBLIGATION TO LEASE ADDITIONAL EQUIPMENT Clause in Contracts

OBLIGATION TO LEASE ADDITIONAL EQUIPMENT. In line 3, delete "Lessee is in default" and replace with "an Event of Default has occurred or is continuing". In line 6 after the words "material indebtedness" insert "for borrowed money in an amount in excess of $75,000".

Appears in 6 contracts

Samples: Master Lease Agreement (Omm Inc), Master Lease Agreement (Viant Corp), Master Lease Agreement (E Loan Inc)

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