Common use of Location of Equipment Clause in Contracts

Location of Equipment. You will keep and use the Equipment only at your address shown above. You agree that the Equipment will not be removed from that address unless you get our written permission in advance to move it. 9. RENEWAL TERM: THIS LEASE IS IRREVOCABLE UNTIL TERMINATED AS PROVIDED HEREIN and Xxxxxx’s obligations hereunder shall not xxxxx by reason of Xxxxxx’s taking of possession of the equipment or for any other reason. The term of this Lease shall be effective upon the delivery of the equipment to Lessee, shall continue for the number of months specified above (the term) following the delivery of the equipment to Lessee and may be renewed annually upon mutual agreement of both parties. All of the terms and conditions of this Lease remain in full force and effect until this Lease is terminated as provided herein. 10. RETURN: Unless this Agreement renews or you purchase the Equipment as provided in this Agreement, you shall, at the termination of this Agreement, return the Equipment at its sole cost and expense in good operating condition, ordinary wear and tear resulting from proper use excepted, to a location specified by us. 11.