Leased Items definition
Examples of Leased Items in a sentence
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.
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.
If Vendor decides not to assume the leases for the Leased Items, the rights and obligations of the Parties with respect to the Leased Items shall be as described in the Original Agreement.
To the extent that the Parties agree, the Parties shall enter into an amendment under which (A) Vendor shall assume the operating leases for the Leased Items, subject to the terms of such leases and to the rights of third parties in such Leased Items, and (B) Customer shall pass to Vendor title for the Owned Items pursuant to economic terms to be mutually agreed upon, subject to Customer's rights in such equipment.
Such amendment shall reflect that, with respect to Vendor's assumption of the leases of the Leased Items, Customer will, on a pass-through expense basis (i.e., without markup), pay leasing costs as and when required under the terms of the leases for the Leased Items.
Unless otherwise provided in this Contract, Buyer, acting in good faith, has the right to have inspections 542 (by one or more third parties, personally or both) of the Property, Leased Items, and Inclusions (Inspection), at Buyer’s expense.
If any lease of personal property (§ 2.5.8., Leased Items) will be 584 transferred to Buyer at Closing, ▇▇▇▇▇▇ agrees to deliver copies of the leases and information pertaining to the personal property to 585 Buyer on or before Due Diligence Documents Delivery Deadline.
Copy of any Solar Power Plan not included in Leased Items (regardless of 590 its name or title).
Such amendment shall also reflect that any cost savings achieved by Vendor with respect to leasing and capital costs for the Leased Items will be shared equally between Customer and Vendor.
Unless otherwise provided in this Contract, Buyer, acting in good faith, has the right to have inspections 512 (by one or more third parties, personally or both) of the Property, Leased Items, and Inclusions (Inspection), at Buyer’s expense.