Common use of Selection of Equipment Clause in Contracts

Selection of Equipment. Lessee will select type, quantity and supplier of each item of Equipment designated in the appropriate Schedule(s), and in reliance thereon, Lessor will order such Equipment from such supplier or accept an assignment of any existing purchase order. Lessor will have no liability for any delivery or failure by the supplier to full the purchase order or to meet and of the conditions contained therein. Lessee acknowledges that Lessor has not participated and will not participate in any way in Lessee's selection of the Equipment or of the supplier and that Lessor has not manufactured or supplied to the Equipment.

Appears in 3 contracts

Samples: Master Lease Agreement (Gateway International Holdings Inc), Master Lease Agreement (Gateway International Holdings Inc), Master Lease Agreement (Gateway International Holdings Inc)

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Selection of Equipment. Lessee will select the type, quantity and supplier of each item of Equipment designated in the appropriate Schedule(s), and in reliance thereon, Lessor will order such Equipment from such supplier or accept an assignment of any existing purchase order. Lessor will have no liability for any delivery or failure by the supplier to full fill the purchase order or to meet and any of the conditions contained therein. Lessee acknowledges that Lessor has not participated and will not participate in any way in Lessee's selection of the Equipment or of the supplier supplier, and that Lessor has not manufactured or supplied to the Equipment.

Appears in 1 contract

Samples: Master Lease Agreement

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