Common use of Used Equipment Clause in Contracts

Used Equipment. Lessor will purchase "used" Equipment which is obtained from a third party by Lessee for its use subject to: (1) Lessor's prior approval of the Equipment; and (2) at Lessor's appraised value for such used Equipment.

Appears in 2 contracts

Samples: Master Lease Agreement (Neomagic Corp), Master Lease Agreement (Combichem Inc)

AutoNDA by SimpleDocs

Used Equipment. Lessor will purchase "used" Equipment which is obtained from form a third party by Lessee for its use subject to: : (1) Lessor's prior approval of the Equipment; and (2) at Lessor's appraised value for such used Equipment.

Appears in 1 contract

Samples: Master Lease Agreement (Neomagic Corp)

AutoNDA by SimpleDocs

Used Equipment. Lessor will purchase "used" Equipment which is obtained from a third party by Lessee for its use subject to: : (1) Lessor's prior approval of the Equipment; and (2) at Lessor's appraised value for such used Equipment.

Appears in 1 contract

Samples: Master Lease Agreement (Combichem Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!