Common use of POSSESSION AND SURRENDER OF EQUIPMENT Clause in Contracts

POSSESSION AND SURRENDER OF EQUIPMENT. Lessee shall be entitled to possession of the Equipment on the first day of the Lease Term. At the expiration of the Lease Term, Lessee shall surrender the Equipment to Lessor by delivering the Equipment to Lessor or Lessor’s agent in good condition and working order, ordinary wear and tear excepted, as it was at the commencement of the Agreement.

Appears in 18 contracts

Samples: Equipment Lease Agreement, Equipment Lease Agreement, Plugless Lease Agreement

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POSSESSION AND SURRENDER OF EQUIPMENT. Lessee shall be entitled to possession of the Equipment on the first day of the Lease Term. At the expiration of the Lease Term, Lessee Xxxxxx shall surrender the Equipment to Lessor by delivering the Equipment to Lessor or Lessor’s agent in good condition and working order, ordinary wear and tear excepted, as it was at the commencement of the Agreement.

Appears in 9 contracts

Samples: Equipment Lease Agreement Marvelous Movie Nights, Divine Savior Academy Equipment Lease Agreement, Equipment Lease Agreement

POSSESSION AND SURRENDER OF EQUIPMENT. Lessee shall be entitled to possession of the Equipment on the first day of the Lease Term. At the expiration of the Lease Term, Lessee Xxxxxx shall surrender the Equipment equipment to Lessor by delivering the Equipment to Lessor or Lessor’s agent in good condition and working order, ordinary wear and tear excepted, as it was at as the commencement of the Agreement.

Appears in 1 contract

Samples: Youth Football Equipment Lease Agreement

POSSESSION AND SURRENDER OF EQUIPMENT. Lessee shall be entitled to possession Possession of the Equipment on the first day of the Lease Term. At the expiration of the Lease Term, Lessee shall surrender the Equipment to Lessor by delivering the Equipment to Lessor or Lessor’s agent in good condition and working order, ordinary wear and tear excepted, as it was at the commencement of the Agreement. If equipment is not returned in working condition or upon or before receipt of last employment pay period, lessor will deduct the total cost of the equipment leased during initial agreement.

Appears in 1 contract

Samples: Representative Equipment Lease Agreement

POSSESSION AND SURRENDER OF EQUIPMENT. Lessee shall be entitled to the possession of the Equipment on the first day of the Lease Term. At the expiration of the Lease TermTerm and unless the Lessee exercises its options to purchase the equipment as described herein, Lessee shall surrender the Equipment to Lessor by delivering surrender, at Lessee’s expense, the Equipment to Lessor or Lessor’s agent in good condition and working order, ordinary order (less normal wear and tear excepted, as it was tear) at the commencement of the Agreementany reasonable place and time specified by Lessor.

Appears in 1 contract

Samples: Equipment Lease Agreement

POSSESSION AND SURRENDER OF EQUIPMENT. Lessee shall be entitled to possession of the Equipment on the first day of the Lease Term. At the expiration of the Lease Term, Lessee shall surrender the Equipment to Lessor by delivering handing over the Equipment to Lessor or Lessor’s agent in good condition and working order, ordinary wear and tear excepted, order as it was at the commencement of the Agreement, or minus any security deposit as in section 5 of thisagreement.

Appears in 1 contract

Samples: Equipment Hire Agreement 2017

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POSSESSION AND SURRENDER OF EQUIPMENT. Lessee shall be entitled to possession of the Equipment on the first day of the Lease Term. At the expiration of the Lease Term, Lessee shall surrender the Equipment to Lessor by delivering the Equipment to Lessor or Lessor’s agent in good condition and working order, ordinary wear and tear excepted, as it was at the commencement of the AgreementtheAgreement.

Appears in 1 contract

Samples: Equipment Lease Agreement

POSSESSION AND SURRENDER OF EQUIPMENT. Lessee shall be entitled to possession of the Equipment on the first day of the Lease Term. At the expiration of the Lease Term, Lessee Xxxxxx shall surrender the Equipment to Lessor by delivering the Equipment to Lessor or Lessor’s 's agent in good condition and working order, ordinary wear and tear excepted, as it was at the commencement of the Agreement.

Appears in 1 contract

Samples: Corners Youth Sports Equipment Lease Agreement

POSSESSION AND SURRENDER OF EQUIPMENT. Lessee shall be entitled to possession of the Equipment on the first day of the Lease Term. At the expiration of the Lease Term, Lessee shall surrender the Equipment to Lessor by delivering the Equipment to the Lessor or Lessor’s agent in good condition and working order, ordinary wear and tear excepted, as it was at the commencement of the Agreement.

Appears in 1 contract

Samples: Lease Agreement

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