Common use of Replacements and Substitutions Clause in Contracts

Replacements and Substitutions. (a) In addition to the rights of Lessee under Section 8.4, Lessee shall have the option at any time to replace any Item or Items of Equipment (a "Replaced Item" or "Replaced Items") with a substitute Item or Items of Equipment (a "Replacement Item" or "Replacement Items"), subject to the following conditions:

Appears in 2 contracts

Samples: Lease and Security Agreement (Lsi Logic Corp), Lease and Security Agreement (Lsi Logic Corp)

Replacements and Substitutions. (a) In addition to the rights of Lessee under Section 8.4, Lessee shall have the option at any time to replace any Item or Items of Equipment (a "Replaced Item" or "Replaced Items") with a substitute Item or Items of Equipment (a "Replacement Item" or "Replacement Items"), subject to the following conditions:

Appears in 2 contracts

Samples: Lease and Security Agreement (Lsi Logic Corp), Lease and Security Agreement (Lsi Logic Corp)

Replacements and Substitutions. (a) In addition to the rights of Lessee under Section 8.46.4, Lessee shall have the option at any time to replace any Item or Items of Equipment (a "Replaced Item" or "Replaced Items") with a substitute Item or Items of Equipment (a "Replacement Item" or "Replacement Items"), subject to the following conditions:

Appears in 1 contract

Samples: Participation Agreement (Lsi Logic Corp)