Common use of Identification Marks Clause in Contracts

Identification Marks. Lessee shall use its best efforts to affix within ninety (90) days of the Closing Date and shall thereafter keep and maintain, prominently displayed on each Item of Equipment, a plaque or label with the words "OWNED BY BRL UNIVERSAL EQUIPMENT 2001 A, L.P., AND SUBJECT TO A SECURITY INTEREST IN FAVOR OF BANKERS TRUST COMPANY AS COLLATERAL AGENT FOR NOTEHOLDERS OF AND LENDERS TO BRL UNIVERSAL EQUIPMENT 2001 A, L.P." or other appropriate words designated by Lessor, with appropriate changes thereof and additions thereto as from time to time may be required by law in order to protect Lessor's and any Assignee's interests in such Item. Lessee shall not allow the name of any Person, to be placed upon any Item of Equipment as a designation that might be interpreted as indicating a claim of ownership thereto or a security interest therein by any Person other than Lessor or any Assignee.

Appears in 2 contracts

Sources: Equipment Lease Agreement (BRL Universal Equipment Corp), Equipment Lease Agreement (Universal Compression Inc)