Common use of Title; Personal Property Clause in Contracts

Title; Personal Property. Furniture, Equipment’s, and Appliances is ThinkRenta’s property, and Lessee shall have no right, title, or interest therein, except as herein set forth, and no right to purchase or otherwise acquire title to or ownership of any of the Furniture, Equipment’s and Appliances. ThinkRenta is hereby authorized by Lessee, at Lessee’s expense, to cause this lease, or any statement or other instruments in respect of this lease showing the interest of ThinkRenta in the Furniture, Equipment’s and Appliances, including Uniform Commercial Code Financing Statements, to be filed or recorded, and grants ThinkRenta the right to execute Lessee’s name thereto. Lessee shall execute and deliver any statement or instrument requested by ThinkRenta for such purpose and agrees to pay or reimburse ThinkRenta for any searches, filings, recordings, or stamp fees or taxes arising from the filing or recording any such instrument or statement. Lessee shall at its expense protect and defend ThinkRenta’s title against all persons claiming against or through Lessee, at all times keeping the Furniture, Equipment’s and Appliances free from any legal process or encumbrance whatsoever including but not limited to liens, attachments, levies, and executions, and shall give ThinkRenta immediate written notice thereof and shall indemnify ThinkRenta from any loss caused thereby.

Title; Personal Property. Furniture, Equipment’s, and Appliances is ThinkRenta’s property, and Lessee shall have no right, title, or interest therein, except as herein set forth, and no right to purchase or otherwise acquire title to or ownership of any of the Furniture, Equipment’s and Appliances. ThinkRenta is hereby authorized by LesseeXxxxxx, at LesseeXxxxxx’s expense, to cause this lease, or any statement or other instruments in respect of this lease showing the interest of ThinkRenta in the Furniture, Equipment’s and Appliances, including Uniform Commercial Code Financing Statements, to be filed or recorded, and grants ThinkRenta the right to execute LesseeXxxxxx’s name thereto. Lessee shall execute and deliver any statement or instrument requested by ThinkRenta for such purpose and agrees to pay or reimburse ThinkRenta for any searches, filings, recordings, or stamp fees or taxes arising from the filing or recording any such instrument or statement. Lessee shall at its expense protect and defend ThinkRenta’s title against all persons claiming against or through Lessee, at all times keeping the Furniture, Equipment’s and Appliances free from any legal process or encumbrance whatsoever including but not limited to liens, attachments, levies, and executions, and shall give ThinkRenta immediate written notice thereof and shall indemnify ThinkRenta from any loss caused thereby.