Common use of Leasing Arrangements Clause in Contracts

Leasing Arrangements. If Company has entered into a lease arrangement with a third-party financing/leasing company (“Lessor”) to finance an applicable Order, then DHS shall, at Company’s request, submit the invoice(s) for the Order to, and accept payment for the Order from, the Lessor. Notwithstanding the foregoing, Company remains fully liable to DHS for all amounts due and owing under the Order. If Lessor fails to pay DHS any amount due under the Order, when due, Company shall pay such amounts to DHS immediately upon receipt of DHS’s invoice.