Common use of No LESSOR Liability Clause in Contracts

No LESSOR Liability. This is a financing arrangement only, and to the extent lawful, Lessee therefore waives any and all claims against Lessor for any and all liability, obligations, losses, claims and damages whatsoever regardless of the cause thereof, any expenses in connection therewith, including, without limiting, counsel fees and expenses, penalties and interest arising out of or as the result of the entering into of this Lease, the ownership of any item of the Equipment, the ordering, acquisition, use, operation, condition, purchase delivery, rejection, storage or return of any item of the Equipment resulting in damage to property or injury to or death to any person. This waiver shall continue in full force and effect notwithstanding full payment of all obligations under this Lease and the termination of the Lease Term. ▇▇▇▇▇▇ agrees not to withhold or ▇▇▇▇▇ any portion of payment required by reason of any defects, malfunctions, breakdowns or infirmities of the Equipment.