Replaced Items definition
Examples of Replaced Items in a sentence
Replaced Items are warranted for ninety (90) days or the balance of the original warranty period, whichever is longer.
Lessor will at the request and cost of Lessee furnish to or at the direction of Lessee, a bill ▇▇ sale without recourse or warranty (except as to the absence of Lessor Liens) and otherwise in form and substance reasonably satisfactory to Lessee and Lessor, evidencing the transfer to or at the direction of Lessee, all of Lessor's right, title and interest in and to such Replaced Item(s), "as-is", "where-is".
Lessor will at the request and cost of Lessee furnish to or at the direction of Lessee, a bill ▇▇ sale without recourse or warranty (except as to the absence of Lessor Liens and Collateral Agent Liens) and otherwise in form and substance reasonably satisfactory to Lessee and Lessor, evidencing the transfer to or at the direction of Lessee, of all of Lessor's right, title and interest in and to such Replaced Item(s), "as-is", "where-is".
No release of any Replaced Items from the Liens created by this Agreement shall result in any reduction of the Grantors’ obligation to pay the Secured Obligations.
Head Lessor will at the request and cost of Head Lessee furnish to or at the direction of Head Lessee, a ▇▇▇▇ of sale without recourse or warranty (except as to the absence of Head Lessor Liens) and otherwise in form and substance reasonably satisfactory to Head Lessee and Head Lessor, evidencing the transfer to or at the direction of Head Lessee, of all of Lessor's right, title and interest in and to such Replaced Item(s), "as-is", "where-is".