Common use of Transactional Conflicts of Interest Clause in Contracts

Transactional Conflicts of Interest. As required by the provisions of Arizona Revised Statutes Section 38-511, as amended, notice is hereby given that Lessee may, within three (3) years of the execution hereof, cancel this Agreement without penalty or further obligations, if any person significantly involved in initiating, negotiation, securing, drafting or creating this Agreement on behalf of Lessee is, at any time while this Agreement or any extension of this Agreement is in effect, an employee or agent of Lessor or a consultant to Lessor with respect to the subject matter of this Agreement. The cancellation shall be effective when written notice from Lessee is received by Lessor unless the notice specifies a later time.

Appears in 2 contracts

Samples: Equipment Lease/Purchase Agreement, Equipment Lease/Purchase Agreement

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Transactional Conflicts of Interest. As required by the provisions of the Arizona Revised Statutes Section 38-511, as amended, notice is hereby given that Lessee may, within three (3) years of the execution hereof, cancel this Agreement without penalty or further obligations, if any person significantly involved in initiating, negotiation, securing, drafting or creating this Agreement on behalf of the Lessee is, at any time while this Agreement or any extension of this Agreement is in effect, an employee or agent of the Lessor or a consultant to the Lessor with respect to the subject matter of this Agreement. The cancellation shall be effective when written notice from the Lessee is received by the Lessor unless the notice specifies a later time.

Appears in 2 contracts

Samples: Tax Exempt Equipment Lease/Purchase Agreement, Tax Exempt Equipment Lease/Purchase Agreement

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Transactional Conflicts of Interest. As required by the provisions of Arizona Revised Statutes Section 38-511, as amended, notice is hereby given that Lessee may, within three (3) years of the execution hereof, cancel this Agreement without penalty or further obligations, if any person significantly involved in initiating, negotiation, securing, drafting or creating this Agreement on behalf of Lessee is, at any time while this Agreement or any extension of this Agreement is in effect, an employee or agent of Lessor Acquisition Fund Custodian or a consultant to Lessor Acquisition Fund Custodian with respect to the subject matter of this Agreement. The cancellation shall be effective when written notice from Lessee is received by Lessor Acquisition Fund Custodian unless the notice specifies a later time.

Appears in 2 contracts

Samples: Equipment Lease/Purchase Agreement, Equipment Lease/Purchase Agreement

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