OWNERSHIP; PERSONAL PROPERTY. The Equipment shall be and remain personal property of Lessor, and Lessee shall have no right, title or interest therein or thereto except as expressly set forth in this Lease, notwithstanding the manner in which it may be attached or affixed to real property, and upon termination or expiration of the Lease term, Lessee shall have the duty and Lessor shall have the right to remove the Equipment from the premises where the same be located whether or not affixed or attached to the real property or any building, at the cost and expense of Lessee.
Appears in 11 contracts
Samples: Lease (Sequenom Inc), Master Equipment Lease Agreement (Mypoints Com Inc), Master Equipment Lease Agreement (Liquid Audio Inc)
OWNERSHIP; PERSONAL PROPERTY. The Equipment shall be and remain personal property of Lessor, Lessor notwithstanding any attachment or fixation to other items of equipment or real property or any building thereon and Lessee shall have no right, title or interest therein or thereto except as expressly set forth in this Lease, notwithstanding the manner in which it may be attached or affixed to real property, ; and upon termination or expiration of the Lease term, Lessee shall have the duty and Lessor shall have the right right, to remove the Equipment from the premises where the same be located whether or not affixed or attached to the real property or any building, at the cost and expense of Lessee.
Appears in 1 contract
Samples: Master Equipment Lease Agreement (Big Entertainment Inc)
OWNERSHIP; PERSONAL PROPERTY. The Equipment shall be and remain personal property of Lessor, and Lessee shall have no right, title or interest therein or thereto except as expressly set forth in this Lease, notwithstanding the manner in which it may be attached or affixed to real property, and upon termination or expiration of the Lease term, Lessee shall have the duty and Lessor lessor shall have the right to remove the Equipment from the premises where the same be by located whether or not affixed or attached to the real property or any building, at the cost and expense of Lessee.
Appears in 1 contract
Samples: Aclara Biosciences Inc