Common use of TERMINATION OR DEFAULT Clause in Contracts

TERMINATION OR DEFAULT. For any reason of termination of this contract, the Company shall have the right to take possession of the property and sell it to the highest bidder and the Company shall retain all proceeds.

Appears in 3 contracts

Sources: Vehicle Rental Agreement, Vehicle Lease Agreement (Expedition Leasing,Inc.), Vehicle Lease Agreement (Expedition Leasing,Inc.)