OWNERSHIP; PERSONAL PROPERTY. The Equipment, is, and shall remain, the property of Lessor, and, notwithstanding any trade-in or downpayment made by Lessee or on its behalf, Lessee shall have no right, title, or interest in and to the Equipment, except as expressly set forth in this Lease. The Equipment shall remain personal property even though installed in or attached to real property.
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Samples: Lease Rental Agreement Terms And (Torque Engineering Corp), Lease Rental Agreement Terms And (Torque Engineering Corp), Lease Rental Agreement Terms And (Torque Engineering Corp)
