Loss or Damage. Lessee hereby assumes and shall bear the entire risk of any loss, theft, damage to, or destruction of, any unit of Equipment from any cause whatsoever from the time the Equipment is shipped to Lessee.
Appears in 17 contracts
Samples: Master Lease Agreement (FSC Semiconductor Corp), Master Lease Agreement (Guilford Pharmaceuticals Inc), Master Lease Agreement (New Century Financial Corp)
Loss or Damage. Lessee hereby assumes and shall bear the entire risk of any loss, theft, damage to, or destruction of, any unit of Equipment from any cause whatsoever from the time the Equipment is shipped to LesseeLessee until it is returned to Lessor.
Appears in 3 contracts
Samples: Master Lease Agreement (Megatest Corp), Master Lease Agreement (North American Vaccine Inc), Master Lease Agreement (Teradyne Inc)
Loss or Damage. Lessee Lessees hereby assumes assume and shall bear the entire risk of any loss, theft, damage to, or destruction of, any unit of Equipment from any cause whatsoever from unless caused by the time the Equipment is shipped to Lesseegross negligence or willful misconduct of Lessor.
Appears in 2 contracts
Samples: Master Lease Agreement (Specialty Foods Corp), Master Lease Agreement (Specialty Foods Acquisition Corp)
Loss or Damage. (a) Lessee hereby assumes and shall bear the entire risk of any loss, theft, damage to, to or destruction of, any unit loss of the Equipment from any cause whatsoever from whatsoever, whether or not insured against, while in transit or during the time the Equipment is shipped to Lesseeterm hereof.
Appears in 2 contracts
Samples: Master Equipment Lease Commitment Agreement (Cyan Inc), Master Lease (Cyan Inc)
Loss or Damage. (a) Lessee hereby assumes and shall bear the entire risk of any loss, theft, damage to, or destruction of, any unit of Equipment from any cause whatsoever from the time the Equipment is shipped to Lessee.
Appears in 2 contracts
Samples: Master Lease Agreement (Northwest Pipe Co), Master Lease Agreement (Western Beef Inc /De/)
Loss or Damage. (a) Lessee hereby assumes and shall bear the entire risk of any loss, theft, damage to, or destruction of, any unit of Equipment from any cause whatsoever from at all times during the time the Equipment is shipped to LesseeTerm.
Appears in 2 contracts
Samples: Master Lease Financing Agreement (First American Corp), Master Lease Agreement (First American Financial Corp)
Loss or Damage. Lessee hereby assumes and shall bear the entire risk of any loss, theft, damage to, or destruction of, any unit of Equipment from any cause whatsoever from the time the Equipment is shipped to Lesseewhatsoever.
Appears in 2 contracts
Samples: Master Lease Agreement (Dixie Group Inc), Master Lease Agreement (Courier Corp)
Loss or Damage. Lessee hereby assumes and shall bear the entire risk of any loss, theft, damage todestruction, or destruction of, damage of or to any unit part of Equipment the equipment (“loss or damage”) from any cause whatsoever from whatsoever, whether or not covered by insurance, and no such loss shall release Lessee of its obligation under this agreement in the time event of loss or damage. Lessee, at the Equipment is shipped to Lessee.sole option of Lessor, shall
Appears in 1 contract
Samples: Rental Agreement
Loss or Damage. Lessee hereby assumes and shall bear the entire risk of any loss, theft, damage to, or destruction of, any unit of Equipment from any cause whatsoever from the time the Equipment is shipped becomes subject to Lesseethis Agreement.
Appears in 1 contract
Loss or Damage. Lessee hereby assumes and shall bear the entire risk of any loss, theft, damage to, or destruction of, any unit Unit of Equipment from any cause whatsoever from the time the Equipment is shipped to Lessee.
Appears in 1 contract
Loss or Damage. Lessee hereby assumes and shall bear the entire risk of any loss, theft, damage damages to, or destruction of, any unit of Equipment from any cause whatsoever from the time the Equipment is shipped to Lessee.
Appears in 1 contract
Loss or Damage. Lessee hereby assumes and shall bear the entire risk of any loss, theft, damage to, or destruction of, any unit item of Equipment from any cause whatsoever from the time the Equipment is shipped to LesseeEffective Date.
Appears in 1 contract
Loss or Damage. Lessee hereby assumes and shall bear the entire risk of any loss, theft, damage to, or destruction of, any unit of Equipment from and any cause whatsoever Leasehold Improvements from the time the Equipment is or Leasehold Improvements are shipped or delivered to Lessee.
Appears in 1 contract
Loss or Damage. Lessee Lessees hereby assumes assume and shall bear the entire risk of any loss, theft, damage to, or destruction of, any unit of Equipment from any cause whatsoever from the time the Equipment is shipped to Lesseeother than gross negligence or willful misconduct of an Indemnified Person.
Appears in 1 contract
Loss or Damage. Lessee hereby assumes and shall bear the entire risk of any loss, theft, damage to, or destruction of, any unit of Equipment from any cause whatsoever from the time the Equipment is shipped to the Lessee.
Appears in 1 contract
Samples: Master Lease Agreement (Pepsi Cola Puerto Rico Bottling Co)
Loss or Damage. Lessee hereby assumes and shall bear the entire risk of any loss, theft, damage to, or destruction of, any unit of Equipment from any cause whatsoever (except such as may be caused by the gross negligence or willful misconduct of Lessor) from the time the Equipment is shipped to Lessee.
Appears in 1 contract
Samples: Master Lease Agreement (North Atlantic Energy Corp /Nh)
Loss or Damage. Lessee hereby assumes and shall bear the entire risk of any loss, theft, damage to, or destruction of, any unit of Equipment from any cause whatsoever (a) from the time the Equipment is shipped to Lessee, and (b) with respect to any Disbursement Equipment, from the time that Lessee is obligated to do so under the terms of the Purchase Order relating to that item of Disbursement Equipment.
Appears in 1 contract
Loss or Damage. As between Lessee and Lessor, Lessee hereby assumes and shall bear the entire risk of any loss, theft, damage to, or destruction of, any unit of Equipment from any cause whatsoever from the time the Equipment is shipped to LesseeLessee until the later of the end of the Term or the return of such unit to Lessor pursuant to Section XI hereof.
Appears in 1 contract
Samples: Master Lease Agreement (Anchor Glass Container Corp /New)
