Examples of Equipment Lessors in a sentence
This can result in additional banking charges and many Equipment Lessors will require that the Lessee honor the obligation of paying such charges.
In the interest of accident prevention, duly certified mechanics and operators shall conduct daily routine inspection of all heavy equipment deployed at the site in accordance with standards set by TESDA in coordination with the Association of Construction Equipment Lessors (ASCEL, Inc.).
Contractors Accreditation Board, Former Chairman, Association of Carriers & Equipment Lessors, Past President.
Major equipment items were selected based on the equipment capacity quoted from the publication of the Association of Construction and Equipment Lessors, Inc.
A J Duggan, The Law of Guarantee in Australia (4th edition, Australian Finance Conference Limited and Australian Equipment Lessors Association Inc, Sydney, 1998) at para 1.1; Lovric and Millbank at para 3.71-3.73.
If Lessee should have the Equipment installed by a third party maintenance or engineering company, Lessee assumes any and all liability for defects in the Equipment which are remediable by manufacturer under a manufacturer's maintenance contract but which are not so remedied because Lessee has elected to use a third party to install the Equipment, Lessor's approval of such third party notwithstanding (see 5.2).
A J Duggan, The Law of Guarantee in Australia (4th edition, Australian Finance Conference Limited and Australian Equipment Lessors Association Inc, Sydney, 1998) at para 1.1; Australia, Expert Group on Family Financial Vulnerability, Good Relations, High Risks: Financial Transactions Within Families and Between Friends (Report, 1996) at 13; R Jukic, Till Debt us do Part (Consumer Credit Legal Service, Melbourne, 1994) at 13.
In the interest of accident prevention, duly certified mechanics and operators shall conduct daily routine inspection of all heavy equipment deployed at the site in accordance with standards set by TESDA in coordination with the Association of Construction Equipment Lessors (ACEL Inc.).
Lease Termination Upon termination of a Lease through exercise of Lessee's option to prepay or through payment by Lessee of all Rental Payments and other amounts due with respect to such particular Equipment, Lessor's security interest in such Equipment shall terminate, and Lessor shall execute and deliver to Lessee such documents as Lessee may reasonably request to evidence the termination of Lessor's security interest in such Equipment.
If the purchaser or tenant satisfies the Equipment Lessor's credit standards for lessees, Equipment Lessor shall release Landlord from its obligations under the Equipment Lease after such assignment.