Examples of Leased Items in a sentence
Upon execution of the Agreement, the Lessee shall pay the Lessor a service fee in cash or any other commercial note consented by the Lessor under the service procedures as specified in the Leased Items; and the Parties agree that the Lessee may not claim a refund of such service fee for any reason.
The Lessor desires to lease to the Lessee, and the Lessee desires to lease from the Lessor, the Subject Matter contained in the Leased Items page in this Agreement, including all auxiliary spares, additional works, improvements, and fixtures and fittings.
If the Contractor is not the supplier of the Leased Items, the Contractor will pay the charges for the Leased Items directly to the supplier.
The Contractor/Initial Assignee and any subsequent assignee warrants that neither the Contractor/Initial Assignee or subsequent assignee, nor anyone acting or claiming through these parties by assignment or otherwise, will interfere with the Purchaser’s quiet enjoyment of the Leased Items so long as no event of default as defined in Subsection V.J. of these Leasing Terms and Conditions shall have occurred and be continuing.
The Contractor may assign, and/or grant security interests in whole or in part in, the Lease PO and Leased items to an Initial Assignee, who in turn may further assign and/or grant a security interest in a Lease or Leased Items to a subsequent assignee without the Purchaser’s consent.
The Contractor shall assume and bear the risk of loss or damage to, or theft of, the Leased Items and all component parts while the Leased Items or parts are in the Purchaser’s possession, unless the Purchaser could have prevented such loss, damage, or theft by exercising reasonable care or diligence in the use, protection, or care of the Leased Items or parts.
Except in the event of a total loss of any or all Leased Items as described in Subsection V.B. of these Leasing Terms and Conditions, and except for any costs associated with the removal, destruction, and cleaning of any hard drives, the Purchaser shall pay any costs the Contractor/Initial Assignee incurs to restore the Leased Items to good operating condition in accordance with the COSTARS Contract specifications.
Any items covered by a Lease shall be called "Leased Items" in these Leasing Terms and Conditions.
The Lease term shall commence on the date the Purchaser accepts the equipment and/or Leased Items by executing the Acceptance Certificate, and the term shall continue for the length specified on the Lease PO.
The Initial Assignee may take title to, and assume the right to receive all rental payments for, the Leased Items.