Common use of Expiry of the Term Clause in Contracts

Expiry of the Term. Upon expiry of the Term, the Lessee shall return the Equipments to the Lessor at the location indicated by the Lessor, in good condition and without damage other than normal wear and tear. The Lessee shall be responsible for all expenses incurred by the said return.

Appears in 2 contracts

Sources: Equipment Lease Agreement (China Tel Group Inc), Equipment Lease Agreement (China Tel Group Inc)