Common use of Other payables Clause in Contracts

Other payables. After the Lessee has fulfilled the above-mentioned payment obligations, the ownership of the Lease Items shall be automatically transferred to the Lessee in an "As-Is" condition.

Appears in 1 contract

Samples: Financial Leasing Contract (SolarMax Technology, Inc.)

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Other payables. After the Lessee has fulfilled pays the above-mentioned payment obligationsforegoing fees, the ownership of the Lease Items shall will be automatically transferred to the Lessee in an "As-Is" condition, which shall be dealt with by the Lessee at its own expense, and the Lessor shall not assume any responsibility or obligation arising therefrom.

Appears in 1 contract

Samples: Financial Leasing Contract (SolarMax Technology, Inc.)

Other payables. After the Lessee has fulfilled the above-mentioned payment obligations, the ownership of the Lease Items shall be automatically transferred to the Lessee in an "As-Is" condition.

Appears in 1 contract

Samples: Financial Leasing Contract (SolarMax Technology, Inc.)

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Other payables. After the Lessee has fulfilled pays the above-mentioned payment obligationsforegoing fees, the ownership of the Lease Items shall will be automatically transferred to the Lessee in an "As-Is" condition, which shall be dealt with by the Lessee at its own expense, and the Lessor shall not assume any responsibility or obligation arising therefrom.

Appears in 1 contract

Samples: Financial Leasing Contract (SolarMax Technology, Inc.)

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