Common use of STIPULATED LOSS VALUES Clause in Contracts

STIPULATED LOSS VALUES. The Stipulated Loss Value of any Item of Equipment may be determined as of any rent due date by multiplying Lessor's Cost for the Equipment by the percentage applicable to such date in each case determined by reference to the Schedule of Stipulated Loss Values attached hereto.

Appears in 3 contracts

Samples: Master Lease Agreement (Kleinerts Inc /Pa/), Master Lease Agreement (Kleinerts Inc /Pa/), Master Lease Agreement (Kleinerts Inc /Pa/)

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STIPULATED LOSS VALUES. The Stipulated Loss Value of any Item of Equipment may be determined as of any rent due date by multiplying Lessor's Cost for the Equipment by the percentage applicable to such date in each case determined by reference to the Schedule of Stipulated Loss Values attached hereto.

Appears in 1 contract

Samples: Master Lease Agreement (Kleinerts Inc /Pa/)

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