Common use of THIRD PARAGRAPH Clause in Contracts

THIRD PARAGRAPH. The obligation of paying rentals on behalf THE LESSEE will not terminate by the fact of ceasing temporary or definitively operation of the leased equipment or due to repair, transference, transformation, strike or a catastrophe at the corporation, and in general for any non attributable cause to THE LESSOR.

Appears in 2 contracts

Sources: International Leasing Agreement (Transtel S A), International Leasing Agreement (Transtel S A)