Examples of Lease Letter Agreement in a sentence
Neither this Lease, Letter Agreement No. 1, nor any term of this Lease or Letter Agreement No. 1 may be modified, rescinded, changed, waived, discharged or terminated except by a writing signed by the party to be charged.
This Agreement, the Confidentiality Agreement and the State Lease Letter Agreement constitute the entire understanding among the Parties with respect to the subject matter hereof, superseding all negotiations, prior discussions and prior agreements and understandings relating to such subject matter, whether oral or written.
Pursuant to the Lease Letter Agreement, Gulfstream agreed to return to RACC sixteen (16) RACC-owned Xxxxx & Xxxxxxx Canada model PT6A-67D aircraft engines (described as XXXXX & WHITNEY CANADA model PT6A SERIES on the International Registry drop-down menu), commonly referred to as the “loaner and pool engines” (the “Loaner Engines”) in compliance with the return conditions specified in the Lease Letter Agreement (the “Loaner Return Conditions”).
Each such assignee and/or secured party shall have all of the rights but none of the obligations of Lessor under this Lease or any Schedule and/or Master Lease Letter Agreement.
Lessor shall lease to Lessee and Lessee shall lease from Lessor those items of Equipment described in each Schedule and/or Master Lease Letter Agreement now and from time to time hereafter delivered to and accepted by Lessee (hereinafter sometimes individually and sometimes collectively referred to as "Equipment").
In the event this lease is continued on a month to month basis, Lessee shall pay Lessor rental as to those Equipment in the same periodic amounts as indicated in the "Monthly Rental Payment" field set forth on the particular Schedule and/or Master Lease Letter Agreement of which those Equipment were subject.
To compensate Lessor for the Advances so made, Lessee agrees to pay Lessor a monthly Lease Deferral Service Charge, as specified by Lessor in any Schedule and/or Master Lease Letter Agreement executed and delivered by Lessee in favor of Lessor, or otherwise.
Lessor may, without Lessee's consent, assign this Lease or any Schedule and/or Master Lease Letter Agreement or any interest herein or therein, including without limitation, grant a security interest in the Equipment.
This Lease contains the entire understanding between the parties hereto dealing with the subject matter hereof and supersedes all negotiations, correspondence, letters of intent, letter agreements, and prior agreements or understandings relating thereto, including the Carbon Creek Coal Lease Letter Agreement.
The assumptions of liability and indemnities contained in this paragraph will continue in full force and effect and survive the execution, acceptance, delivery, expiration and or termination of this Lease and any Schedule and/or Master Lease Letter Agreement hereto.