Common use of TERM; RENTAL Clause in Contracts

TERM; RENTAL. The Term of the Lease Agreement for the Equipment described in this Schedule shall be in accordance with the provisions of the Lease Agreement and shall continue until all rental payments are fully paid. Lessee agrees to pay CLC as rental payments aggregating $3,198,432.72 plus any applicable sales and/or use taxes thereon payable in 84 MONTHLY payments of $38,076.58 each, plus any applicable sales and/or use taxes commencing JUNE 30, 1996, and on the same calendar day of each succeeding like period until fully paid. THE RENTAL PAYMENTS SHALL BE REMITTED TO CLC AT X.X. XXXXXX 00-000, XXXXXXX, XXXXXXXX 00000, unless CLC specifies otherwise in writing.

Appears in 1 contract

Samples: Lease Agreement (Colonels International Inc)

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TERM; RENTAL. The Term of the Lease Agreement for the Equipment described in this Schedule shall be in accordance with the provisions of the Lease Agreement and shall continue until all rental payments are fully paid. Lessee agrees to pay CLC as rental payments aggregating $3,198,432.72 1,755,280.80 plus any applicable sales and/or use taxes thereon payable in 84 MONTHLY payments of $38,076.58 20,896.20 each, plus any applicable sales and/or use taxes commencing JUNE DECEMBER 30, 1996, and on the same calendar day of each succeeding like period until fully paid. THE RENTAL PAYMENTS SHALL BE REMITTED TO CLC AT X.X. XXXXXX 00-000, XXXXXXX, XXXXXXXX 00000, unless CLC specifies otherwise in writing.

Appears in 1 contract

Samples: Lease Agreement (Colonels International Inc)

TERM; RENTAL. The Term of the Lease Agreement for the Equipment described in this Schedule shall be in accordance with the provisions of the Lease Agreement and shall continue until all rental payments are fully paid. Lessee agrees to pay CLC as rental payments aggregating $3,198,432.72 plus any applicable sales and/or use taxes thereon payable payment in 84 MONTHLY payments of $38,076.58 each, plus any applicable sales and/or use taxes commencing JUNE 30, 1996, and on the same calendar day of each succeeding like period until fully paid. THE RENTAL PAYMENTS SHALL BE REMITTED TO CLC AT X.X. XXXXXX P.O. DXXXXX 00-000, XXXXXXX, XXXXXXXX 00000, unless xxxxss CLC specifies otherwise in writing.

Appears in 1 contract

Samples: Lease Agreement (Colonels International Inc)

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TERM; RENTAL. The Term of the Lease Agreement for the Equipment described in this Schedule shall be in accordance with the provisions of the Lease Agreement and shall continue until all rental payments are fully paid. Lessee agrees to pay CLC as rental payments aggregating $3,198,432.72 3,464,557.32 plus any applicable sales and/or use taxes thereon payable in 84 MONTHLY payments of $38,076.58 41,244.73 each, plus any applicable sales and/or use taxes commencing JUNE JANUARY 30, 1996, and on the same 30th calendar day of each succeeding like period until fully paid. THE RENTAL PAYMENTS SHALL BE REMITTED TO CLC AT X.X. XXXXXX 00-000, XXXXXXX, XXXXXXXX 00000, unless CLC specifies otherwise in writing.

Appears in 1 contract

Samples: Lease Agreement (Colonels International Inc)

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