Common use of Ownership and Assignment Clause in Contracts

Ownership and Assignment. The Equipment is, and shall at all times be and remain, the sole and exclusive property of the Lessor; and the Lessee shall have no right, title or interest therein or thereto except as expressly set forth in this Lease. The Lessee shall not assign or transfer this Lease or its interest in the Equipment without the prior written consent of the Lessor.

Ownership and Assignment. The Equipment is, and shall at all times be and remain, the sole and exclusive property of the Lessor; and the Lessee shall have no right, title or interest therein or thereto except as expressly set forth in this LeaseAgreement. The Lessee shall not assign or transfer this Lease Agreement or its interest in the Equipment without the prior written consent of the Lessor.

Ownership and Assignment. The Equipment is, and shall at all times be and remain, remain the sole and exclusive property of the Lessor; and the Lessee shall have no right, title or interest therein or thereto except as expressly set forth in this Lease. The Lessee shall not assign or transfer this Lease or its interest in the Equipment without the prior written consent of the Lessor.