Examples of Equipment Cost in a sentence
Each payment of Rent includes a principal amount based on the Equipment Cost and a lease charge rate.
LESSOR (LESSEE) Using Agency: By: (Authorized Approval By - Name) Title: Date: TERM LEASE QUOTE FORM Lease Period - months From till (Date) (Date) Original Equipment Cost Less Residual Value of Equipment Ancillary costs (itemize and attach separately) – Total Total Cost for Lease Interest Rate Spread Monthly/Quarterly/Annual Lease Payment (circle one) Lease Payment Schedule (Level Payments) - to be attached This quote issued as of , based on the three (3) year U.
The cost of all items of Equipment described on Exhibit A shall not exceed $ of which the Equipment Cost (herein so called) of $ is financed hereunder, and shall be disbursed in such amounts applicable to this Equipment Schedule as are reflected in Attachment A to the Lease, provided that the Equipment has been delivered to the location specified on Exhibit A hereto.
Financing Costs, for the purpose of determining the Actual Equipment Cost, shall be evidenced by (1) providing a statement from the Approved Lender of all incurred or accrued interest charges and related financing costs or charges owing by TBITEC in connection with the Financing Arrangement or (2) if TBITEC uses its own funds, a calculation of accrued interest certified by an officer of TBITEC.
Once the Xxxx acquired and leased pursuant to the terms of this Agreement the Equipment in an amount at least equal to the Maximum Equipment Cost, the Existing Equipment (excluding any portion of the Existing Equipment that constitutes Equipment) shall be released from the lien and lease of this Agreement upon the written consent of the Lessor (which consent shall not be unreasonably withheld).