Common use of Transfer of Warranties Clause in Contracts

Transfer of Warranties. To the extent permitted by law and contract, Lessor will pass through without representation to Lessee the benefit of all warranties, if any, of the Supplier of the Equipment and, so long as there is no default hereunder, Lessee will have the right to, and will, directly avail itself of all warranties by the Supplier with respect to the Equipment. Lessor will not take any action which prejudices Lessee's right to, or under the terms of, any such warranty. If subsequent to the Commencement Date Lessee shall determine that the Equipment is unsatisfactory for any reason including any failure of the Equipment to conform to the specifications set forth in any purchase order, Lessee shall make any claim on account thereof solely against the Supplier and Lessee will give Lessor notice of any such claim made by Lessee against any Supplier and any cash settlement of any such claim will be payable solely to Lessor.

Transfer of Warranties. To the extent permitted by law and contract, Lessor will pass through without representation to Lessee the benefit of all warranties, if any, of the Supplier Vendor of the Equipment any Items and, so long as there is no default hereunder, Lessee will have the right to, and will, directly avail itself of all warranties by the Supplier Vendor with respect to the Equipmentsuch Items. Lessor will not take any action which that prejudices Lessee's right to, or under the terms of, any such warranty. If If, subsequent to the any Commencement Date Date, Lessee shall determine that the Equipment any Item is unsatisfactory for any reason (including any failure of the Equipment Item to conform to the specifications set forth in any purchase order), Lessee shall make any claim on account thereof solely against the Supplier Vendor, and Lessee will give Lessor notice of any such claim made by Lessee against any Supplier Vendor and any cash settlement of any such claim will be payable solely to Lessor.

Transfer of Warranties. To the extent permitted by law and contract, Lessor will pass through without representation to Lessee the benefit of all warranties, if any, of the Supplier of the Equipment and, so long as there is no default hereunder, Lessee will have the right to, and will, directly avail itself of all warranties by the Supplier with respect to the Equipment. Lessor will not take any action which prejudices Lessee's right to, or under the terms of, any such warranty. If subsequent to the Commencement Date Lessee shall determine that the Equipment is unsatisfactory for any reason including any failure of the Equipment to conform to the specifications set forth in any purchase order, . Lessee shall make any claim on account thereof solely against the Supplier and Lessee will give Lessor notice of any such claim made by Lessee against any Supplier and any cash settlement of any such claim will be payable solely to Lessor.