Common use of Rental Payments to be Unconditional Clause in Contracts

Rental Payments to be Unconditional. The obligations of Lessee to make payment of the Rental Payments, and to perform and observe the covenants and agreements contained herein, shall be absolute and unconditional in all events, except as expressly provided under this Agreement. Notwithstanding any dispute between Lessee, any Vendor or any other person, Lessee shall make all payments of Rental Payments when due and shall not withhold any Rental Payments pending final resolution of such dispute, nor shall Lessee assert any right of set-off or counterclaim against its obligation to make such payments required under this Agreement. Lessee’ obligation to make Rental Payments during the Initial Term or the then current Renewal Term shall not be abated through accident or unforeseen circumstances.

Appears in 8 contracts

Samples: Lease and Option to Purchase Agreement, Lease and Option to Purchase Agreement, Lease and Option to Purchase Agreement

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Rental Payments to be Unconditional. The obligations of Lessee to make payment of the Rental Payments, and to perform and observe the covenants and agreements contained herein, shall be absolute and unconditional in all events, except as expressly provided under this Agreement. Notwithstanding any dispute between Lessee, any Vendor or any other person, Lessee shall make all payments of Rental Payments when due and shall not withhold any Rental Payments pending final resolution of such dispute, nor shall Lessee assert any right of set-off or counterclaim against its obligation to make such payments required under this Agreement. Lessee's obligation to make Rental Payments during the Initial Term or the then current Renewal Term shall not be abated through accident or unforeseen circumstances.

Appears in 2 contracts

Samples: Lease and Option to Purchase Agreement, Lease and Option to Purchase Agreement

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Rental Payments to be Unconditional. The obligations Except as provided in Section 4.4, the obligation of Lessee to make payment of the Rental Payments, and to perform and observe the covenants and agreements contained herein, Payments or any other payments required hereunder shall be absolute and unconditional in all events, except as expressly provided under this Agreement. Notwithstanding any dispute between Lessee, any Vendor Lessee and Lessor or any other person, Lessee shall make all payments of Rental Payments and other payments required hereunder when due and shall not withhold any Rental Payments Payment or other payment pending final resolution of such dispute, dispute nor shall Lessee assert any right of set-off or counterclaim against its obligation to make such Rental Payments or other payments required under this Agreement. Lessee's obligation to make Rental Payments or other payments during the Initial Term or the then current Renewal Agreement Term shall not be abated through accident or unforeseen circumstances.

Appears in 1 contract

Samples: Master Equipment Lease/Purchase Agreement

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