Common use of Rights in Equipment Clause in Contracts

Rights in Equipment. Upon the execution and delivery by Lessee of Lease Agreement Supplement relating to an Item of Equipment and satisfaction of the other applicable conditions precedent set forth in Section 3, Lessor shall have good and marketable title to such Item of Equipment subject only to Permitted Liens and Lessor Liens and shall be obligated to pay or reimburse Lessee in full for the Acquisition Cost of such Item of Equipment in accordance with the provisions of this Agreement and the Assembly Agency Agreement, provided that nothing in this Section 4.7 shall affect in any manner the respective rights and obligations of Lessor and Lessee under the Lease Agreement or shall reduce or diminish any claim or remedy for damages which Lessor or Lessee might assert for any breach or violation of the terms of the Lease Agreement or of this Agreement.

Rights in Equipment. Upon the execution and delivery by Lessee of Lease Agreement Supplement relating to an Item of Equipment and satisfaction of the other applicable conditions precedent set forth in Section 3, Lessor shall have good and marketable title to such Item of Equipment subject only to Permitted Liens and Lessor Liens and shall be obligated to pay or reimburse Lessee in full for the Acquisition Cost of such Item of Equipment in accordance with the provisions of this Agreement and the Assembly Agency Agreement, provided that nothing in this Section 4.7 4.4 shall affect in any manner the respective rights and obligations of Lessor and Lessee under the Lease Agreement or shall reduce or diminish any claim or remedy for damages which Lessor or Lessee might assert for any breach or violation of the terms of the Lease Agreement or of this Agreement.

Rights in Equipment. Upon the execution and delivery by --------------------- Lessee of a Lease Agreement Supplement relating to an Item of Equipment and satisfaction of the other applicable conditions precedent set forth in Section 3, Lessor shall have good and marketable title to such Item of Equipment subject only to Permitted Liens and Lessor Liens and shall be obligated to pay or reimburse Lessee in full for the Acquisition Cost of such Item of Equipment in accordance with the provisions of this Agreement and the Assembly Agency Agreement, provided that nothing in this Section 4.7 4.4 shall affect in any manner the respective rights and obligations of Lessor and Lessee under the Lease Agreement or shall reduce or diminish any claim or remedy for damages which Lessor or Lessee might assert for any breach or violation of the terms of the Lease Agreement or of this Agreement.

Rights in Equipment. Upon the execution and delivery by Lessee of a Lease Agreement Supplement relating to an Item of Equipment and satisfaction of the other applicable conditions precedent set forth in Section 3, Lessor shall have good and marketable title to such Item of Equipment subject only to Permitted Liens and Lessor Liens and shall be obligated to pay or reimburse Lessee in full for the Acquisition Cost of such Item of Equipment in accordance with the provisions of this Agreement and the Assembly Agency Agreement, provided that nothing in this Section 4.7 4.4 shall affect in any manner the respective rights and obligations of Lessor and Lessee under the Lease Agreement or shall reduce or diminish any claim or remedy for damages which Lessor or Lessee might assert for any breach or violation of the terms of the Lease Agreement or of this Agreement.