Common use of TERM, RENT AND PAYMENT Clause in Contracts

TERM, RENT AND PAYMENT. (a) The rent payable for the Equipment and Lessee's right to use the Equipment shall begin on the earlier of (i) the date when the Lessee signs the Schedule and accepts the Equipment or (ii) when Lessee has accepted the Equipment under a Certificate of Acceptance ("LEASE COMMENCEMENT DATE"). The term of this Agreement shall be the period specified in the applicable Schedule. The word "

Appears in 14 contracts

Samples: Master Lease Agreement (Chromavision Medical Systems Inc), Master Lease Agreement (Yellow Roadway Corp), Master Lease Agreement (Virologic Inc)

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TERM, RENT AND PAYMENT. (a) The rent payable for the Equipment and Lessee's right to use the Equipment shall begin on the earlier of (i) the date when the Lessee signs the Schedule and accepts the Equipment or (ii) when Lessee has accepted the Equipment under a Certificate of Acceptance ("LEASE COMMENCEMENT DATELease Commencement Date"). The term of this Agreement shall be the period specified in the applicable Schedule. The word "

Appears in 11 contracts

Samples: Security Deposit Pledge Agreement (Overhill Farms Inc), Master Lease Agreement (Smith & Wollensky Restaurant Group Inc), Master Lease Agreement (Telik Inc)

TERM, RENT AND PAYMENT. (a) The rent payable for the Equipment and Lessee's ’s right to use the Equipment shall begin on the earlier of (i) the date when the Lessee signs the Schedule and accepts the Equipment or (ii) when Lessee has accepted the Equipment under a Certificate of Acceptance ("LEASE COMMENCEMENT DATE"“Lease Commencement Date”). The term of this Agreement shall be the period specified in the applicable Schedule. The word "“term” shall include all basic and any renewal terms.

Appears in 5 contracts

Samples: Master Lease Agreement (Momenta Pharmaceuticals Inc), Master Lease Agreement (Infinity Pharmaceuticals, Inc.), Master Lease Agreement (Impreso Inc)

TERM, RENT AND PAYMENT. (a) The rent payable for the Equipment and Lessee's right to use the Equipment shall begin on the earlier of (i) the date when the Lessee signs the Schedule and accepts the Equipment or (ii) when Lessee has accepted the Equipment under a Certificate of Acceptance ("LEASE COMMENCEMENT DATE"). The term of this Agreement shall be the period specified in the applicable Schedule. The word "term" shall include all basic and any renewal terms.

Appears in 4 contracts

Samples: Master Lease Agreement (Synta Pharmaceuticals Corp), Master Lease Agreement (Synta Pharmaceuticals Corp), Master Lease Agreement (Synta Pharmaceuticals Corp)

TERM, RENT AND PAYMENT. (a) The rent payable for the Equipment and Lessee's right to use the Equipment shall begin on the earlier of (i) the date when the Lessee signs the Schedule and accepts the Equipment or (ii) when Lessee has accepted the Equipment under a Certificate of Acceptance ("LEASE COMMENCEMENT DATELease Commencement Date"). The term of this Agreement shall be the period specified in the applicable Schedule. The word "term" shall include all basic and any renewal terms.

Appears in 3 contracts

Samples: Master Lease Agreement (Quasi (Variagenics Inc), Master Lease Agreement (Northwest Pipe Co), Master Lease Agreement (Guitar Center Inc)

TERM, RENT AND PAYMENT. (a) The rent payable for the Equipment and Lessee's Lessees right to use the Equipment shall begin on the earlier of (i) the date when the Lessee signs the Schedule and accepts the Equipment or (ii) when Lessee has accepted the Equipment under tinder a Certificate of Acceptance ("LEASE COMMENCEMENT DATE"). The term of this Agreement shall be the period specified in the applicable Schedule. The word "

Appears in 1 contract

Samples: Master Lease Agreement (Predix Pharmaceuticals Holdings Inc)

TERM, RENT AND PAYMENT. (a) The rent payable for the Equipment and Lessee's ’s right to use the Equipment shall begin on the earlier of (i) the date when the Lessee signs the Schedule and accepts the Equipment or (ii) when Lessee has accepted the Equipment under a Certificate of Acceptance ("LEASE COMMENCEMENT DATE"“Lease Commencement Date”). The term of this Agreement shall be the period specified in the applicable Schedule. The word "“term” shall include all basic and any renewal terms; provided any such renewal terms have been mutually agreed upon in writing by the authorized representatives of both parties.

Appears in 1 contract

Samples: Master Lease Agreement (Intercept Inc)

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TERM, RENT AND PAYMENT. (a) The a)The rent payable for the Equipment and Lessee's right to use the Equipment shall begin on the earlier of (i) the date when the Lessee signs the Schedule and accepts the Equipment or (ii) when Lessee has accepted the Equipment under a Certificate of Acceptance ("LEASE COMMENCEMENT DATE"). The term of this Agreement shall be the period specified in the applicable Schedule. The word "

Appears in 1 contract

Samples: Master Lease Agreement (Action Performance Companies Inc)

TERM, RENT AND PAYMENT. (a) The rent payable for the Equipment and Lessee's right to use the Equipment shall begin on the earlier of (i) the date when the Lessee signs the Schedule and accepts the Equipment or (ii) when Lessee has accepted the Equipment under a Certificate of Acceptance ("LEASE COMMENCEMENT DATE"). The term of this Agreement shall be the period specified in the applicable Schedule. The word "

Appears in 1 contract

Samples: Master Lease Agreement (Photomedex Inc)

TERM, RENT AND PAYMENT. (a) The rent payable for the Equipment and Lessee's ’s right to use the Equipment shall begin on the earlier of (i) the date when the Lessee signs the Schedule and accepts the Equipment or (ii) when Lessee has accepted the Equipment under a Certificate of Acceptance ("LEASE COMMENCEMENT DATE“Lease Commencement Date"). The term of this Agreement shall be the period specified in the applicable Schedule. The word "“term” shall include all basic and any renewal terms.

Appears in 1 contract

Samples: Master Lease Agreement (Impreso Inc)

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