Sublease of Equipment Sample Clauses

Sublease of Equipment. Effective June 1, 1998, EPCO and EPD OLP entered into one or more Sublease Agreements (the “Sublease Agreements”), pursuant to which EPCO agreed to sublease to EPD OLP the equipment covered by the Retained Leases. EPCO has assigned to EPD OLP all options held by EPCO to purchase any and all equipment subject to the Sublease Agreements and the Retained Leases.
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Sublease of Equipment. Effective __________, 1998, EPCO and the OLP entered into a Sublease Agreement substantially in the form of Exhibit C attached hereto, pursuant to which EPCO agreed to sublease certain of its equipment to the OLP.
Sample 1
Sublease of Equipment. The Equipment is to be used exclusively by Lessee in the conduct of its business, only for the purposes for which it was designed and in compliance with all applicable laws, rules and regulations, manufacturers' or vendors' warranties and applicable policies of insurance. Lessee will, at Lessee's sole expense, obtain and maintain all necessary licenses, permits and approvals. The Equipment shall remain exclusively within the boundaries of the United States (exclusive of Alaska and Hawaii) and Lessee agrees not to make, suffer or allow any transfer or assignment of this Lease, or of the Equipment to service outside the continental United States, by operation of law or otherwise, without Lessor's prior written consent. Lessee will, at Lessee's sole expense, effect all maintenance, service and repairs necessary to maintain the Equipment in accordance with (i) the Interchange Rules or similar successor guidelines of the American Association Railroad ("AAR") (the "Interchange Rules"); (ii) regulations of the Federal Railway Administration ("FRA"); and (iii) at least equal to the maintenance standards which Lessee applies to similar equipment owned or leased by Lessee, without discriminating in any way between equipment of similar type that is owned or leased by Lessee, but not less than the maintenance standards, as applied and changed from time to time, as attached to the applicable Rental Schedule. Lessor and Lessee agree that such maintenance standards are subject to change from to time during the term of the Lease provided such changes do not have a significant adverse effect on the value. utility or useful life of the Equipment based upon its condition upon its return to Lessor hereunder. Such repairs shall (a) comply with all requirements of law applicable to the maintenance and condition of the Equipment, (b) maintain the Equipment in good operating condition commercially suitable for carrying the commodities for which such Equipment was designed; and (c) will not violate any applicable manufacturers' or vendors' warranties. All additions and replacements to or attached to the Equipment shall immediately become the property of Lessor and shall be deemed incorporated in the Equipment and subject to the terms of the Lease as if originally leased thereunder. Lessee will keep the Equipment and its interest therein free and clear of all liens and encumbrances other than those created by Lessor or arising out of claims against Lessor and not related to the lea...
Sample 1
Sublease of Equipment. 6 5.5 AGREEMENT REGARDING CERTAIN ASSETS RETAINED BY EPCO......................................................7 5.6 AGREEMENT REGARDING MONT BELVIEU PARTNERSHIP.............................................................7 5.7 AGREEMENT REGARDING BELVIEU ENVIRONMENTAL FUELS..........................................................7
Sample 1
Sublease of Equipment 
Sample 1

Related to Sublease of Equipment

  • LEASE OF EQUIPMENT Lessor leases to Lessee, and Lessee leases from Lessor, all the property described in the Lease Schedules which are signed from time to time by Lessor and Lessee.

  • Sublease Premises On and subject to the terms and conditions below, Sublandlord hereby leases to Subtenant, and Subtenant hereby leases from Sublandlord, the Sublease Premises.

  • Use of Equipment mechanical failure of the equipment; negligent design or manufacture of the equipment; the provision of or the failure by the Organization to provide any warnings, directions, instructions or guidance as to the use of the equipment; failure to use or operate the equipment within my own ability.

  • Sublease Sublandlord hereby subleases to Subtenant and Subtenant hereby subleases from Sublandlord for the term, at the rental, and upon all of the conditions set forth herein, the Subleased Premises.

  • Lease of Premises Subject to and upon the terms and conditions set forth herein, Landlord hereby leases the Premises to Tenant, and Tenant hereby leases the Premises from Landlord.

  • Subleased Premises Sublandlord hereby subleases to Subtenant and Subtenant hereby subleases from Sublandlord for the term, at the rental, and upon all of the conditions set forth herein, the Subleased Premises.

  • Purchase of Equipment U.S. Forest Service funds may be used by the to purchase equipment necessary to accomplish activities described in this Supplemental Project Agreement. The available funding is displayed in the financial plan. Title to the equipment rests with the U.S. Forest Service, but may be transferred to the on completion of the project, if appropriate.

  • Tenant’s Equipment Tenant shall provide notice to Landlord prior to moving any heavy machinery, heavy equipment, freight, bulky matter or fixtures (collectively, “Equipment”) into or out of the Building and shall pay to Landlord any costs actually incurred by Landlord in connection therewith. If such Equipment requires special handling, Tenant agrees (a) to employ only persons holding all necessary licenses to perform such work, (b) all work performed in connection therewith shall comply with all applicable Requirements and (c) such work shall be done only during hours designated by Landlord.

  • Lease The Lease Agreement (Federal Express Corporation Trust No. N678FE) dated as of June 15, 1998, as amended and restated as of September 1, 1998, entered into by the Lessor and the Lessee concurrently with the execution and delivery of the Indenture, including, without limitation, supplementation by one or more Lease Supplements entered into pursuant to the applicable provisions of the Lease.

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