Title; Personal Property; Encumbrances; Location. Lessee covenants that: a. The Equipment is and shall remain personal property and shall not be attached to or become part of any realty; b. The Equipment will be installed and used at the Site specified in the applicable Schedule pertaining thereto and that it shall not be removed therefrom without the permission of Lessor; c. That Lessee will not, except as expressly authorized in this Agreement, sell, secrete, mortgage, assign, transfer, lease, sublet, loan part with possession of, or encumber the Equipment or permit any liens or charges to become effective thereon or permit or attempt to do any of the acts aforesaid. Lessee agrees, at Lessee’s own expense, to take such action as may be necessary to remove any such encumbrance, lien or charge and to prevent any third party from acquiring any other interest in the Equipment (including, but not limited to, by reason of such Equipment being deemed to be a fixture or a part of any realty); and d. Lessee will not change or remove any insignia, serial number or lettering of the Equipment.
Appears in 7 contracts
Samples: Omnibus Agreement (Archrock Partners, L.P.), Omnibus Agreement (Archrock, Inc.), Omnibus Agreement (Exterran Partners, L.P.)
Title; Personal Property; Encumbrances; Location. Lessee covenants that:
a. The Equipment is and shall remain personal property and shall not be attached to or become part of any realty;
b. The Equipment will be installed and used at the Site location specified in the applicable Schedule pertaining thereto and that it shall not be removed therefrom without the permission of Lessor;
c. That Lessee will not, except as expressly authorized in this Agreement, sell, secrete, mortgage, assign, transfer, lease, sublet, loan part with possession of, or encumber the Equipment or permit any liens or charges to become effective thereon or permit or attempt to do any of the acts aforesaid. Lessee agrees, at Lessee’s own expense, to take such action as may be necessary to remove any such encumbrance, lien or charge and to prevent any third party from acquiring any other interest in the Equipment (including, but not limited towithout limitation, by reason of such Equipment being deemed to be a fixture or a part of any realty); and
d. Lessee will not change or remove any insignia, serial number or lettering of the Equipment.
Appears in 5 contracts
Samples: Omnibus Agreement (Exterran Holdings Inc.), Omnibus Agreement (Universal Compression Partners, L.P.), Omnibus Agreement (Exterran Partners, L.P.)
Title; Personal Property; Encumbrances; Location. Lessee LESSEE covenants that:
a. The that the ownership of the Equipment is and at all times shall remain in LESSOR and that the Equipment is and shall remain personal property and shall not be attached to or become part of any realty;
b. The Equipment will ; that it shall be installed and used at the Site location specified in the applicable Schedule pertaining thereto and that it shall not be removed therefrom without the permission of Lessor;
c. That Lessee therefrom, and that LESSEE will not, except as expressly authorized in this Agreement, not sell, secrete, mortgage, assign, transfer, lease, sublet, loan loan, part with possession of, or encumber the Equipment or permit any liens or charges to become effective thereon or permit or attempt to do any of the acts aforesaid. Lessee LESSEE agrees, at Lessee’s LESSEE's own expense, to take such action as may be necessary (a) to remove any such encumbrance, lien or charge and (b) to prevent any third party from acquiring any other interest in the any Equipment (including, but not limited towithout limitation, by reason of such Equipment being deemed to be a fixture or a part of any realty); and
d. Lessee . LESSEE will not change or remove any insignia, serial number or lettering on the Equipment and shall conspicuously identify each item of the EquipmentEquipment by suitable lettering thereon to indicate LESSOR's ownership thereof.
Appears in 1 contract
Samples: Guaranty Agreement (Natural Gas Services Group Inc)