Common use of REDELIVERY OF EQUIPMENT Clause in Contracts

REDELIVERY OF EQUIPMENT. Upon the expiration or earlier termination of the Lease. Lessee shall return the Equipment, freight prepaid, to Lessor in good repair, condition and working order, in a manner and to a location designated by Lessor. If upon such expiration or termination, Lessee does not immediately return the Equipment to Lessor, the Equipment shall continue to be held and Leased hereunder, and the Lease shall thereupon be extended from month to month at the same Rental, subject to the right of either Lessee or Lessor to terminate the Lease upon thirty (30) days' written notice, whereupon Lessee shall forthwith deliver the Equipment to Lessor as provided in this Paragraph.

REDELIVERY OF EQUIPMENT. Upon the expiration or earlier termination of the Lease. , Lessee shall return the Equipment, freight prepaid, to Lessor in good repair, condition and working order, in a manner and to a location designated by Lessor. If upon such expiration or termination, Lessee does not immediately return the Equipment to Lessor, the Equipment shall continue to be held and Leased hereunder, and the Lease shall thereupon be extended from month to month at the same Rental, subject to the right of either Lessee or Lessor to terminate the Lease upon thirty (30) days' written notice, whereupon Lessee shall forthwith deliver the Equipment to Lessor as provided in this Paragraph.

REDELIVERY OF EQUIPMENT. Upon the expiration or earlier termination of the Lease. , Lessee shall return the Equipment, freight prepaid, to Lessor in good repair, condition and working order, in a manner and to a location designated by Lessor. If upon such expiration or termination, Lessee does not immediately return the Equipment to Lessor, the Equipment shall continue to be held and Leased leased hereunder, and the Lease shall thereupon be extended from month to month at the same Rentalmonthly rent, on a month to month basis, subject to the right of either Lessee or Lessor to terminate the Lease upon thirty (30) days' written notice, whereupon Lessee shall forthwith deliver the Equipment to Lessor as provided in this Paragraph.