OWNERSHIP AND MARKING. Lessee has not and, by execution and performance hereof, will not have or obtain any title to the Equipment or any other interest therein except as Lessee hereunder and subject to all the terms hereof. Title to the Equipment shall at all times remain in Lessor and Lessee at its expense shall protect and defend the title of Lessor and keep it free of all claims and liens, other than the rights of Lessee hereunder and claims and liens created by or arising through Lessor. Lessee will treat this transaction as a lease for tax purposes and will not claim any credit or deduction inconsistent with Lessor's ownership of the Equipment. If Lessor supplies Lessee with labels designating its interest in the Equipment, Lessee shall affix the same to and keep them in a prominent place on the Equipment. Notwithstanding the express intent of the parties, should a court of competent jurisdiction determine that this Agreement is not a true lease, but rather one intended as security, then solely in that event and for the expressly limited purposes hereof, Lessee shall be deemed to have hereby granted Lessor a security interest in this Lease, the Equipment, and all accessions thereto, substitutions and replacements therefor, and proceeds (including insurance proceeds) thereof, to secure the prompt payment and performance as and when due of all obligations and indebtedness of Lessee to Lessor, now existing or hereafter created; provided however, that the foregoing shall not apply if such determination is made solely for purposes of federal tax laws and regulations.
OWNERSHIP AND MARKING. 5.1 The Manufacturer Licensee acquires no right, title or interest in or to the Listing Mark except as expressly provided in this Agreement. The Manufacturer Licensee shall at all times observe the requirements with respect to trade-mark notices and other forms of marking with respect to the Listing Mark as BPI may from time to time, in its sole discretion, direct and communicate to the Manufacturer Licensee. The Manufacturer Licensee shall, when using the Listing Mark, so describe the Listing Mark to indicate clearly that it is owned and controlled by BPI and that it is being used by the Manufacturer Licensee under license.
5.2 The Manufacturer Licensee shall ensure that any and all checks, letterhead, contractual documents, or writings of any nature, will not directly or indirectly state or suggest that BPI is responsible or liable in any way for the obligations or responsibilities of the Manufacturer Licensee.
OWNERSHIP AND MARKING. 5.1 The Accredited Company acquires no right, title or interest in or to the Accreditation xxxx except as expressly provided in this Agreement. The Accredited Company shall at all times observe the requirements with respect to trade‐ xxxx notices and other forms of marking with respect to the SPFA PCP Company Accreditation xxxx as SPFA (or its authorized agent or designee) may from time to time, in its sole discretion, direct and communicate to the Accredited Company. The Accredited Company shall, when using the Accreditation xxxx, so describe the Accreditation xxxx to indicate clearly that the xxxx is owned by SPFA.
5.2 The Accredited Company shall ensure that any and all checks, letterhead, contractual documents, marketing, promotional materials or advertising or writings of any nature, will not directly or indirectly state or infer that the SPFA (or its authorized agent or designee) or the PCP is responsible or liable in any way for any of the obligations or responsibilities of the Accredited Company, or that the SPFA endorses or guarantees the products or services of the Accredited Company.
OWNERSHIP AND MARKING. 11.1 The Equipment shall at all times be and remain the sole and exclusive property of the Lessor. The Lessee shall at its own cost and expense protect and defend the ownership of the Lessor against all claims, liens and legal proceedings of creditors of the Lessee and other persons, and keep the Equipment free and clear from all claims, liens and proceedings except for liens and charges created by or through
OWNERSHIP AND MARKING. Lessee has not and by execution and performance hereof will not have or obtain any title to the Equipment or any other interest therein except as Lessee hereunder and subject to all the terms hereof. Title to the equipment shall at all times remain in Lessor and Lessee at its expense shall protect and defend the title of Lessor and keep it free of all claims and liens other than the rights of Lessee hereunder and claims and liens created by or arising through Lessor. Lessee will treat this transaction as a lease for tax purposes and will not claim any credit or deduction inconsistent with Lessor's ownership of the Equipment. On or before the delivery thereof, Lessee will cause each Item of Equipment (to the extent practicable and, to the extent not practicable, then each major component) to be plainly, permanently and conspicuously marked by stenciling or by a metal tag or plate or decal affixed thereto with the following legend: PROPERTY OF AND LEASED FROM METLIFE CAPITAL, LIMITED PARTNERSHIP 00000 X.X. 0XX XX., XXXXX 000, C-97550, BELLEVUE, WASHINGTON 98009 Lessee shall replace any such marking which may be removed or destroyed or become illegible and keep the Equipment free from any markings or labelings which might be interpreted as a claim of ownership thereof by Lessee or any other person except Lessor or its assigns.
OWNERSHIP AND MARKING. 5.1 The Contractor Licensee acquires no right, title or interest in or to the Certification Marks except as expressly provided in this Agreement. The Contractor Licensee shall at all times observe the requirements with respect to trade-xxxx notices and other forms of marking with respect to the Certification Xxxx as ABAA may from time to time, in its sole discretion, direct and communicate to the Contractor Licensee. The Contractor Licensee shall, when using the Certification Xxxx, so describe the Certification Xxxx to indicate clearly that the xxxx is owned by ABAA and that it is being used by the Contractor Licensee under license.
5.2 The Contractor Licensee shall ensure that any and all checks, letterhead, contractual documents, or writings of any nature, will not directly or indirectly state that ABAA is responsible or liable in any way for the obligations or responsibilities of the Xxxxxxxxxx Xxxxxxxx.
OWNERSHIP AND MARKING. 20 Section 12. Disclaimer of Warranties; Net Lease. .......................................21
OWNERSHIP AND MARKING. Lessee acknowledges and agrees that it has not, and by the execution hereof it does not and will not have or obtain, any title to the Units, nor any property right or interest, legal or equitable, therein, except solely as Lessee hereunder and subject to all the terms hereof. It is expressly understood that the Units shall be and remain personal property notwithstanding the manner in which the Units may be attached or affixed to realty, and that upon termination of the lease term Lessee shall have the duty in accordance with Section 16(a) hereof, and Lessor shall have the right to remove the Units form the premises whereon the same are located whether or not affixed or attached to the realty or any building at the sole cost and expense of Lessee. Lessor shall not be liable for any damage caused to the realty or any building by the removal of the Units. Lessee covenants and warrants that prior to or concurrently with the completion of each Unit Lessee will cause the Unit to be plainly, permanently and conspicuously marked by stenciling or by a metal tag or plate affixed thereto with the following legend:
OWNERSHIP AND MARKING. 5.1 The Certified Installer licensee acquires no right, title or interest in or to the Certification Marks except as expressly provided in this Agreement. The Certified Installer licensee shall at all times observe the requirements with respect to trade-xxxx notices and other forms of marking with respect to the Certification Xxxx as BPQI may from time to time, in its sole discretion, direct and communicate to the Certified Installer licensee. Licensee shall, when using the Certification Xxxx, so describe the Certification Xxxx to indicate clearly that the xxxx is owned by BPQI and that it is being used by the Certified Installer licensee under license.
5.2 The Certified Installer licensee shall ensure that any and all cheques, letterhead, contractual documents, or writings of any nature, will not directly or indirectly state that BPQI or the certification organization is responsible or liable in any way for the obligations or responsibilities of the Certified Installer licensee.
OWNERSHIP AND MARKING. The Contractor Licensee acquires no right, title or interest in or to the Certification Marks except as expressly provided in this Agreement. The Contractor Licensee shall at all times observe the requirements with respect to trade-xxxx notices and other forms of marking with respect to the Certification Xxxx as EQI may from time to time, in its sole discretion, direct and communicate to the Contractor Licensee. The Contractor Licensee shall, when using the Certification Xxxx, so describe the Certification Xxxx to indicate clearly that the Certification Xxxx is owned by EQI and that it is being used by the Contractor Licensee under license.
