No Transfer of Title. Title to and ownership of the Goods remains with LEXICON, even when Goods are in the possession and use of Hirer. The equipment is and shall remain the property of the LEXICON, and the Hirer shall have no right, title or interest therein or thereto except as expressly set forth in this Agreement. This Agreement is not intended to affect a sale of the above-described property or to secure a purchase thereof.
Appears in 2 contracts
Sources: Rental Agreement, Event Contract