Common use of Finance Lease Clause in Contracts

Finance Lease. Lessee and Lessor agree that each Lease is a "Finance Lease" as defined by Section 2A-103(g) of the UCC. Lessee acknowledges that Lessee has reviewed and approved each written Supply Contract (as defined by UCC 2A-103(y)) covering Equipment purchased from each "Supplier" (as defined by UCC 2A-103(x)) thereof.

Appears in 17 contracts

Samples: Sale and Leaseback Agreement (Lightspan Partnership Inc), Master Lease Agreement (Dyax Corp), Master Lease Agreement (Millennium Pharmaceuticals Inc)

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Finance Lease. Lessee Xxxxxx and Lessor Xxxxxx agree that each Lease is a "Finance Lease" as defined by Section 2A-103(g) of the UCC. Lessee acknowledges that Lessee has reviewed and approved each written Supply Contract (as defined by UCC 2A-103(y)) covering Equipment purchased from each "Supplier" (as defined by UCC 2A-103(x)) thereof.

Appears in 2 contracts

Samples: Master Lease Agreement (Sugen Inc), Master Lease Agreement (Sugen Inc)

Finance Lease. Lessee and Lessor agree that each Lease is a ------------- "Finance Lease" as defined by Section 2A-103(g) of the UCC. Lessee acknowledges that Lessee has reviewed and approved each written Supply Contract (as defined by UCC 2A-103(y2A-l03(y)) covering Equipment purchased from each "Supplier" (as defined by UCC 2A-103(x2A-l03(x)) thereof.

Appears in 1 contract

Samples: Sale and Leaseback Agreement (3 Dimensional Pharmaceuticals Inc)

Finance Lease. Lessee and Lessor agree that each Lease is a "Finance Lease" as defined by Section 2A-103(g) of the UCC. Lessee acknowledges that Lessee has reviewed and approved each written Supply Contract (as defined by UCC 2A-103(y2A-103 (y)) covering Equipment purchased from each "Supplier" (as defined by UCC 2A-103(xXXX 0X-000 (x)) thereof.

Appears in 1 contract

Samples: Master Lease Agreement (Ameritruck Distribution Corp)

Finance Lease. Lessee and Lessor agree that each Lease is a "Finance Lease" as defined by Section 2A-103(g) of the UCC. Lessee acknowledges that Lessee has reviewed and approved each written Supply Contract (as defined by UCC 2A-103(y)) covering Equipment purchased from each "Supplier" (as defined by UCC 2A-103(x2A- 103 (x)) thereof.

Appears in 1 contract

Samples: Master Lease Agreement (Cubist Pharmaceuticals Inc)

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Finance Lease. Lessee and Lessor agree that each Lease is a ------------- "Finance Lease" as defined by Section 2A-103(g) of the UCC. Lessee acknowledges that Lessee has reviewed and approved each written Supply Contract (as defined by UCC 2A-103(y)) covering Equipment purchased from each "Supplier" Supplied' (as defined by UCC 2A-103(x)) thereof.

Appears in 1 contract

Samples: Master Lease Agreement (Genomica Corp /De/)

Finance Lease. Lessee and Lessor The parties agree that each Lease is a "Finance Lease" finance lease as defined by Section 2A-103(g4-2.5-103(1)(g) of the UCC. Lessee acknowledges that (i) Lessee has reviewed selected the supplier or suppliers of the System, and approved each written Supply Contract (as defined ii) by UCC 2A-103(y)this provision Lessor has advised Lessee in writing that (A) covering Equipment purchased from each "Supplier" Lessee may have rights under the supply contract between Lessor and supplier, and (as defined by UCC 2A-103(x)B) thereofLessee may contact the supplier for a description of any such rights Lessee may have under the supply contract.

Appears in 1 contract

Samples: Master Lease Agreement (Mail Com Inc)

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