Common use of Finance Lease Clause in Contracts

Finance Lease. ConnectBooster and Lessee agree that this Lease is a finance lease as that term is defined in Article 2a of the Uniform Commercial Code and Lessee hereby waives any and all rights and remedies granted to it by Sections 2a-506 through 2a-522 of the Uniform Commercial Code. Lessee further acknowledges that this is a business and commercial lease and not intended for household or personal use.

Appears in 6 contracts

Samples: Lease Agreement, Lease Agreement, Lease Agreement

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Finance Lease. ConnectBooster and Lessee agree that this Lease is a finance lease as that term is defined in Article 2a of the Uniform Commercial Code and Lessee hereby waives any and all rights and remedies granted to it by Sections 2a-506 2a‐506 through 2a-522 2a‐522 of the Uniform Commercial Code. Lessee further acknowledges that this is a business and commercial lease and not intended for household or personal use.

Appears in 1 contract

Samples: Lease Agreement

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