The DELIVERY, USE AND OPERATION. Section subsection (a) of the Lease shall be deleted and the following substituted in its stead: The parties acknowledge that this is a sale/leaseback transaction and the Equipment is in Lessee's possession as of the Lease Commencement Date.
Appears in 6 contracts
Samples: Master Lease Agreement (Smith & Wollensky Restaurant Group Inc), Master Lease Agreement (Integrated Information Systems Inc), Master Lease Agreement (Star Scientific Inc)
The DELIVERY, USE AND OPERATION. Section subsection (a) of the Lease shall be deleted and the following substituted in its stead: The parties acknowledge that this is a sale/leaseback transaction and the Equipment is in LesseeXxxxxx's possession as of the Lease Commencement Date.
Appears in 2 contracts
Samples: Myriad Genetics Inc, Star Scientific Inc
The DELIVERY, USE AND OPERATION. Section subsection (a) of the Lease shall be deleted and the following substituted in its stead: The parties acknowledge that this is a sale/leaseback transaction and the Equipment is in Lessee's ’s possession as of the Lease Commencement Date.
Appears in 2 contracts
Samples: Master Lease Agreement (Momenta Pharmaceuticals Inc), Master Lease Agreement (Smith & Wollensky Restaurant Group Inc)
The DELIVERY, USE AND OPERATION. Section subsection (a) of the Lease shall be deleted and the following substituted in its stead: The parties acknowledge that this is a sale/leaseback lease back transaction and the Equipment is in LesseeXxxxxx's possession as of the Lease Commencement Date.
Appears in 1 contract
Samples: Master Lease Agreement (Scios Inc)
The DELIVERY, USE AND OPERATION. Section subsection (a) of the Lease shall be deleted and the following substituted in its stead: The parties acknowledge that this is a sale/leaseback transaction and the Equipment is in Lessee's Xxxxxx’s possession as of the Lease Commencement Date.
Appears in 1 contract
Samples: Master Lease Agreement (Smith & Wollensky Restaurant Group Inc)