Common use of Rental Payments to be Unconditional Clause in Contracts

Rental Payments to be Unconditional. Except as provided in Section 3.03, the obligations of Lessee to make Rental Payments and to perform and observe the other covenants and agreements contained in this Agreement shall be absolute and unconditional in all events without abatement, diminution, deduction, set-off or defense, for any reason, including without limitation any failure of the Equipment, any defects, malfunctions, breakdowns or infirmities in the Equipment or any accident, condemnation or unforeseen circumstances, or failure of any Vendor to deliver any Equipment or otherwise perform any of its obligations.

Appears in 3 contracts

Samples: Equipment Lease/Purchase Agreement, Equipment Lease/Purchase Agreement, Equipment Lease/Purchase Agreement

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Rental Payments to be Unconditional. Except as provided in Section 3.03, the obligations of Lessee to make Rental Payments and to perform and observe the other covenants and agreements contained in this Agreement shall be absolute and unconditional in all events without abatement, diminution, deduction, set-off or defense, for any reason, including without limitation any failure of the Equipment, any defects, malfunctions, breakdowns or infirmities in the Equipment or any accident, condemnation or unforeseen circumstances, or failure of any Vendor to deliver any Equipment or otherwise perform any of its obligations. Section 4.05.

Appears in 2 contracts

Samples: Equipment Lease/Purchase Agreement, Equipment Lease/Purchase Agreement

Rental Payments to be Unconditional. Except as provided in Section 3.038, the obligations of Lessee to make Rental Payments and to perform and observe the other covenants and agreements contained in this Agreement herein shall be absolute and unconditional in all events without abatement, diminution, deduction, set-off or defense, for any reason, including without limitation any failure of the EquipmentEquipment to be delivered, any defects, malfunctions, breakdowns or infirmities in the Equipment equipment or any accident, condemnation or unforeseen circumstances, or failure of any Vendor to deliver any Equipment or otherwise perform any of its obligations.

Appears in 1 contract

Samples: Equipment Lease Purchase Agreement

Rental Payments to be Unconditional. Except as provided in Section 3.038, the obligations of Lessee to make Rental Payments and to perform and observe the other covenants and agreements contained in this Agreement herein shall be absolute and unconditional in all events without abatement, diminution, deduction, set-off or defense, for any reason, including without limitation any failure of the EquipmentEquipment to be delivered or installed, any defects, malfunctions, breakdowns or infirmities in the Equipment or any accident, condemnation or unforeseen circumstances, or failure of any Vendor to deliver any Equipment or otherwise perform any of its obligations.

Appears in 1 contract

Samples: Master Equipment Lease Purchase Agreement

Rental Payments to be Unconditional. Except as provided in Section 3.033.05, the obligations of Lessee to make Rental Payments and to perform and observe the other covenants and agreements contained in this Agreement herein shall be absolute and unconditional in all events without abatement, diminution, deduction, set-off or defense, for any reason, including without limitation any failure of the EquipmentPersonal Property to be delivered or installed, any defects, malfunctions, breakdowns or infirmities in the Equipment Personal Property or any accident, condemnation or unforeseen circumstances, or failure of any Vendor to deliver any Equipment or otherwise perform any of its obligations.

Appears in 1 contract

Samples: Personal Property Lease Purchase Agreement

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Rental Payments to be Unconditional. Except as provided in Section 3.03, the The obligations of Lessee to make Rental Payments from the Non-Ad Valorem Revenues and to perform and observe the other covenants and agreements contained in this Agreement herein shall be absolute and unconditional in all events without abatement, diminution, deduction, set-off or defense, for any reason, including without limitation any failure of the EquipmentEquipment to be delivered or installed, any defects, malfunctions, breakdowns or infirmities in the Equipment equipment or any accident, condemnation or unforeseen circumstances, or failure of any Vendor to deliver any Equipment or otherwise perform any of its obligations.

Appears in 1 contract

Samples: Equipment Lease Purchase Agreement

Rental Payments to be Unconditional. Except as provided in Section 3.033.05, the obligations of Lessee to make Rental Payments and to perform and observe the other covenants and agreements contained in this Agreement herein shall be absolute and unconditional in all events without abatement, diminution, deduction, set-off or defense, for any reason, including without limitation any failure of the EquipmentEquipment to be delivered, any defects, malfunctions, breakdowns or infirmities in the Equipment equipment or any accident, condemnation or unforeseen circumstances, or failure of any Vendor to deliver any Equipment or otherwise perform any of its obligations.

Appears in 1 contract

Samples: Equipment Lease Purchase Agreement

Rental Payments to be Unconditional. Except as provided in Section 3.033.02, Section 3.03 and Section 4.03, the obligations of the Lessee to make Rental Payments and to perform and observe the other covenants and agreements contained in this Agreement each Lease shall be absolute and unconditional in all events without abatement, diminution, deduction, set-off or defense, for any reason, including without limitation any failure of the Equipment, after it has been accepted by the Lessee, any defects, malfunctions, breakdowns or infirmities in the Equipment equipment or any accident, condemnation or unforeseen circumstances, or failure of any Vendor to deliver any Equipment or otherwise perform any of its obligations.

Appears in 1 contract

Samples: Acquisition Fund Agreement

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