Common use of TERM AND PAYMENT OF RENT Clause in Contracts

TERM AND PAYMENT OF RENT. The lease term for the Equipment shall be the "Lease Term" set forth in the Equipment Schedule which shall commence on the "Commencement Date" (as defined in the Lease Line Schedule). Lessee agrees to pay to Lessor the "Rental Payments" for the Lease Term, in the amounts and at the times set forth in the Equipment Schedule.

Appears in 2 contracts

Samples: Master Equipment Lease Agreement (Sagent Technology Inc), Master Equipment Lease Agreement (Symphonix Devices Inc)

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TERM AND PAYMENT OF RENT. The lease term for the Equipment shall be the "Lease Term" set forth in the applicable Equipment Schedule which shall commence on the "Commencement Date" (as defined in the applicable Lease Line Schedule). Lessee agrees to pay to Lessor the "Rental Payments" for the Lease Term, in the amounts and at the times set forth in the applicable Equipment Schedule.

Appears in 2 contracts

Samples: Master Equipment Lease Agreement (3dfx Interactive Inc), Master Equipment Lease Agreement (3dfx Interactive Inc)

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TERM AND PAYMENT OF RENT. The lease term for the Equipment shall be the "Lease Term" set forth in the Equipment Schedule which shall commence on the "Commencement Date" (as defined in the Lease Line Schedule). Lessee agrees to pay to Lessor the "Rental Payments" for the Lease Term, in the amounts and at the times set forth in the Equipment Schedule.

Appears in 1 contract

Samples: Master Equipment Lease Agreement (Rigel Pharmaceuticals Inc)

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