Common use of Risk of Loss, Damage or Destruction Clause in Contracts

Risk of Loss, Damage or Destruction. Obligor hereby assumes all ------------------------------------ risk of loss, damage, theft, taking, destruction, confiscation, requisition or commandeering, partial or complete, of or to each Item of Equipment, however caused or occasioned, such risk to be borne by Obligor with respect to each Item of Equipment from the date of this Agreement, and continuing until such Item of Equipment has been delivered to Obligee in accordance with the provisions of Section 6 hereof or Obligee's interest therein has been purchased by Obligor in accordance with the provisions of Section 28 hereof. Obligor agrees that no occurrence specified in the preceding sentence shall impair, in whole or in part, any obligation of Obligor under this Agreement, including, without limitation, the obligation to pay Payments.

Risk of Loss, Damage or Destruction. Obligor hereby assumes all ------------------------------------ risk of loss, damage, theft, taking, destruction, confiscation, requisition or commandeering, partial or complete, of or to each Item of Equipment, however caused or occasioned, such risk to be borne by Obligor with respect to each Item of Equipment from the date of this Equipment Agreement, and continuing until such Item of Equipment has been delivered returned to Obligee in accordance with the provisions of Section 6 hereof or Obligee's interest therein has hereof, the rights and interests in which have been purchased by transferred to Obligor in accordance with the provisions of Section 28 25.2 hereof, or has been sold in accordance with Section 25.3 hereof. Obligor agrees that no occurrence specified in the preceding sentence shall impair, in whole or in part, any obligation of Obligor under this Equipment Agreement, including, without limitation, the obligation to pay Equipment Payments.

Risk of Loss, Damage or Destruction. Obligor hereby assumes all ------------------------------------ risk of loss, damage, theft, taking, destruction, confiscation, requisition or commandeering, partial or complete, of or to each Item of Equipment, however caused or occasioned, such risk to be borne by Obligor with respect to each Item of Equipment from the date of this Equipment Agreement, and continuing until such Item of Equipment has been delivered returned to Corporate Obligee in accordance with the provisions of Section 6 hereof or Obligee's interest therein has hereof, the rights and interests in which have been purchased by transferred to Obligor in accordance with the provisions of Section 28 25.2 or 25.4 hereof, or has been sold in accordance with Section 25.3 hereof. Obligor agrees that no occurrence specified in the preceding sentence shall impair, in whole or in part, any obligation of Obligor under this Equipment Agreement, including, without limitation, the obligation to pay Equipment Payments.

Risk of Loss, Damage or Destruction. The Obligor hereby assumes all ------------------------------------ risk of loss, damage, theft, taking, destruction, confiscation, condemnation, requisition or commandeering, partial or complete, of or to each Item of Equipmentthe Assets, however caused or occasioned, such risk to be borne by the Obligor with respect to each Item of Equipment the Assets from the date of this Agreement, and continuing until such Item of Equipment Asset has been delivered returned to the Obligee or its designee in accordance with the provisions of Section 6 hereof or Obligee's interest therein has been purchased by the Obligor in accordance with the provisions of Section 28 hereof28(a). The Obligor agrees that no occurrence specified in the preceding sentence shall impair, in whole or in part, any obligation of the Obligor under this Agreement, including, without limitation, the obligation to pay PaymentsBasic Hire.

Risk of Loss, Damage or Destruction. Obligor hereby assumes all ------------------------------------ risk of loss, damage, theft, taking, destruction, confiscation, requisition or commandeering, partial or complete, of or to each Item of Equipment, however caused or occasioned, such risk to be borne by Obligor with respect to each Item of Equipment from the date of this Equipment Agreement, and continuing until such Item of Equipment has been delivered returned to Corporate Obligee in accordance with the provisions of Section 6 hereof or Obligee's interest therein has hereof, the rights and interests in which have been purchased by transferred to Obligor in accordance with the provisions of Sections 25.2 or 25.4 hereof, or has been sold in accordance with Section 28 25.3 hereof. Obligor agrees that no occurrence specified in the preceding sentence shall impair, in whole or in part, any obligation of Obligor under this Equipment Agreement, including, without limitation, the obligation to pay Equipment Payments.