Vendor’s Warranties. Lessee may have rights under the contract evidencing the purchase of the Personal Property; Xxxxxx is advised to contact the Vendor for a description of any such rights. Lessee hereby assigns to Lessor during the Lease Term all warranties running from Vendor to Lessee. Lessor hereby irrevocably appoints Lessee its agent and attorney-in-fact during the Lease Term, so long as Lessee will not be in default hereunder, to assert from time to time whatever claims and rights (including without limitation warranties) related to the Personal Property that Lessor may have against the Vendor. Xxxxxx’s sole remedy for the breach of any such warranty, indemnification or representation will be against the Vendor, and not against Lessor. Any such matter will not have any effect whatsoever on the rights and obligations of Lessor with respect to this Agreement, including the right to receive full and timely payments hereunder. Lessee expressly acknowledges that Lessor makes, and has made, no representations or warranties whatsoever as to the existence or availability of such warranties by the Vendor.
Appears in 2 contracts
Samples: Escrow Agreement, Escrow Agreement
Vendor’s Warranties. Lessee may have rights under the contract evidencing the purchase of the Personal PropertyEquipment; Xxxxxx Lessee is advised to contact the Vendor for a description of any such rights. Lessee Lessor hereby assigns to Lessor Lessee during the Lease Term all warranties running from Vendor to LesseeLessor. Lessor hereby irrevocably appoints Lessee its agent and attorney-in-fact during the Lease Term, so long as Lessee will not be in default hereunder, to assert from time to time whatever claims and rights (including without limitation warranties) related to the Personal Property Equipment that Lessor may have against the Vendor. XxxxxxLessee’s sole remedy for the breach of any such warranty, indemnification or representation will be against the Vendor, and not against Lessor. Any such matter will not have any effect whatsoever on the rights and obligations of Lessor with respect to this Agreement, including the right to receive full and timely payments hereunder. Lessee expressly acknowledges that Lessor makes, and has made, no representations representation or warranties whatsoever as to the existence or availability of such warranties by the Vendor.
Appears in 1 contract
Samples: Equipment Lease Purchase Agreement
Vendor’s Warranties. Lessee may have rights under the contract evidencing the purchase of the Personal PropertyEquipment; Xxxxxx is advised to contact the Vendor for a description of any such rights. Lessee hereby assigns to Lessor during the Lease Term all warranties running from Vendor to Lessee. Lessor hereby irrevocably appoints Lessee its agent and attorney-in-fact during the Lease Term, so long as Lessee will not be in default hereunder, to assert from time to time whatever claims and rights (including without limitation warranties) related to the Personal Property Equipment that Lessor may have against the Vendor. Xxxxxx’s sole remedy for the breach of any such warranty, indemnification or representation will be against the Vendor, and not against Lessor. Any such matter will not have any effect whatsoever on the rights and obligations of Lessor with respect to this Agreement, including the right to receive full and timely payments hereunder. Lessee expressly acknowledges that Lessor makes, and has made, no representations or warranties whatsoever as to the existence or availability of such warranties by the Vendor.
Appears in 1 contract
Samples: Equipment Lease Purchase Agreement
Vendor’s Warranties. Lessee may have rights under the contract evidencing the purchase of the Personal PropertyEquipment; Xxxxxx Lessee is advised to contact the Vendor for a description of any such rights. Lessee Lessor hereby assigns to Lessor Lessee during the Lease Term all warranties running from Vendor to LesseeLessor. Lessor hereby irrevocably appoints Lessee its agent and attorney-in-fact during the Lease Term, so long as Lessee will shall not be in default hereunder, to assert from time to time whatever claims and rights (including without limitation warranties) related to the Personal Property Equipment that Lessor may have against the Vendor. Xxxxxx’s Lessee's sole remedy for the breach of any such warranty, indemnification or representation will shall be against the VendorVendor of the Equipment, and not against Lessor. Any such matter will shall not have any effect whatsoever on the rights and obligations of Lessor with respect to this Agreement, including the right to receive full and timely payments hereunder. Lessee expressly acknowledges that Lessor makes, and has made, no representations or warranties whatsoever as to the existence or the availability of such warranties by the VendorVendor of the Equipment.
Appears in 1 contract
Vendor’s Warranties. Lessee may have rights under the contract evidencing the purchase of the Personal PropertyEquipment; Xxxxxx Lessee is advised to contact the Vendor for a description of any such rights. Lessee hereby assigns to Lessor during the Lease Term all warranties running from Vendor to Lessee. Lessor hereby irrevocably appoints Lessee its agent and attorney-in-fact during the Lease Term, so long as Lessee will not be in default hereunder, to assert from time to time whatever claims and rights (including without limitation warranties) related to the Personal Property Equipment that Lessor may have against the Vendor. XxxxxxLessee’s sole remedy for the breach of any such warranty, indemnification or representation will be against the Vendor, and not against Lessor. Any such matter will not have any effect whatsoever on the rights and obligations of Lessor with respect to this Agreement, including the right to receive full and timely payments hereunder. Lessee expressly acknowledges that Lessor makes, and has made, no representations or warranties whatsoever as to the existence or availability of such warranties by the Vendor.
Appears in 1 contract
Samples: Equipment Lease Purchase Agreement
Vendor’s Warranties. Lessee may have rights under the contract evidencing the purchase of the Personal Property; Xxxxxx Lessee is advised to contact the Vendor for a description of any such rights. Lessee hereby assigns to Lessor during the Lease Term all warranties running from Vendor to Lessee. Lessor hereby irrevocably appoints Lessee its agent and attorney-in-fact during the Lease Term, so long as Lessee will not be in default hereunder, to assert from time to time whatever claims and rights (including without limitation warranties) related to the Personal Property that Lessor may have against the Vendor. XxxxxxLessee’s sole remedy for the breach of any such warranty, indemnification or representation will be against the Vendor, and not against Lessor. Any such matter will not have any effect whatsoever on the rights and obligations of Lessor with respect to this Agreement, including the right to receive full and timely payments hereunder. Lessee expressly acknowledges that Lessor makes, and has made, no representations or warranties whatsoever as to the existence or availability of such warranties by the Vendor.
Appears in 1 contract
Samples: Lease Purchase Agreement