Common use of Lease of Equipment Clause in Contracts

Lease of Equipment. Lessor hereby demises, leases, and lets to Lessee, and Lessee rents, leases and hires from Lessor, the Equipment, in accordance with the provisions of this Agreement, to have and to hold for the Initial Term and any Renewal Term entered into at the option and in the sole discretion of Lessee pursuant to SECTION 4.1 of this Agreement. Lessor hereby covenants to provide Lessee during the Lease Term with quiet use and enjoyment of the Equipment and Lessee shall during the Lease Term peaceably and quietly have, hold and enjoy the Equipment, except as set forth in this Agreement. Lessor and its agents, employees, servants and representatives shall have the right at all reasonable times during business hours to enter into and upon the property of Lessee for the purpose of inspecting the Equipment.

Lease of Equipment. Lessor hereby demises, leases, and lets to Lessee, and Lessee rents, leases and hires from Lessor, the Equipment, in accordance with the provisions of this Agreement, to have and to hold for the Initial Term and any Renewal Term entered into at the option and in the sole discretion of Lessee pursuant to SECTION Section 4.1 of this Agreement. Lessor hereby covenants to provide Lessee during the Lease Term with quiet use and enjoyment of the Equipment and Lessee shall during the Lease Term peaceably and quietly have, hold and enjoy the Equipment, except as set forth in this Agreement. Lessor and its agents, employees, servants and representatives shall have the right at all reasonable times during business hours to enter into and upon the property of Lessee for the purpose of inspecting the Equipment.