Common use of Finance Lease Clause in Contracts

Finance Lease. Lessee and Lessor agree that each Lease is a "Finance Lease" as defined by Section 2A-103(g) of the UCC. Lessee acknowledges that Lessee has reviewed and approved each written Supply Contract (as defined by UCC 2A-103(y)) covering Equipment purchased from each "Supplier" (as defined by UCC 2A-103(x)) thereof.

Appears in 17 contracts

Samples: Sale and Leaseback Agreement (Lightspan Partnership Inc), Master Lease Agreement (Dyax Corp), Master Lease Agreement (Dyax Corp)

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Finance Lease. Lessee Xxxxxx and Lessor Xxxxxx agree that each Lease is a "Finance Lease" as defined by Section 2A-103(g) of the UCC. Lessee acknowledges that Lessee has reviewed and approved each written Supply Contract (as defined by UCC 2A-103(y)) covering Equipment purchased from each "Supplier" (as defined by UCC 2A-103(x)) thereof.

Appears in 2 contracts

Samples: Master Lease Agreement (Sugen Inc), Master Lease Agreement (Sugen Inc)

Finance Lease. Lessee and Lessor agree that each Lease is a ------------- "Finance Lease" as defined by Section 2A-103(g) of the UCC. Lessee acknowledges that Lessee has reviewed and approved each written Supply Contract (as defined by UCC 2A-103(y)) covering Equipment purchased from each "Supplier" Supplied' (as defined by UCC 2A-103(x)) thereof.

Appears in 1 contract

Samples: Master Lease Agreement (Genomica Corp /De/)

Finance Lease. Lessee and Lessor agree that each Lease is a ------------- "Finance Lease" as defined by Section 2A-103(g) of the UCC. Lessee acknowledges that Lessee has reviewed and approved each written Supply Contract (as defined by UCC 2A-103(y2A-l03(y)) covering Equipment purchased from each "Supplier" (as defined by UCC 2A-103(x2A-l03(x)) thereof.

Appears in 1 contract

Samples: Sale and Leaseback Agreement (3 Dimensional Pharmaceuticals Inc)

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Finance Lease. Lessee and Lessor agree that each Lease is a "Finance Lease" as defined by Section 2A-103(g) of the UCC. Lessee acknowledges that Lessee has reviewed and approved each written Supply Contract (as defined by UCC 2A-103(y2A-103 (y)) covering Equipment purchased from each "Supplier" (as defined by UCC 2A-103(xXXX 0X-000 (x)) thereof.

Appears in 1 contract

Samples: Master Lease Agreement (Ameritruck Distribution Corp)

Finance Lease. Lessee and Lessor agree that each Lease is a "Finance Lease" as defined by Section 2A-103(g) of the UCC. Lessee acknowledges that Lessee has reviewed and approved each written Supply Contract (as defined by UCC 2A-103(y)) covering Equipment purchased from each "Supplier" (as defined by UCC 2A-103(x2A- 103 (x)) thereof.

Appears in 1 contract

Samples: Master Lease Agreement (Cubist Pharmaceuticals Inc)

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