Common use of ADJUSTMENT CLAUSE Clause in Contracts

ADJUSTMENT CLAUSE. At the option of the Lessor, consideration MAY be given to Lessee for services provided to Lessor. This consideration could result in reduced lease payment(s), and written notice of same will be given to Lessee in advance of the next lease payment due date. If no notice is given, lease payments are as outlined above.

Appears in 2 contracts

Sources: Master Equipment Lease Agreement (Plastics MFG Co), Master Equipment Lease Agreement (Plastics MFG Co)