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Waiver
7.04. The provisions of this Agreement may be waived only by means of a
writing that is signed by all contracting parties. No delay or omission by either
party to exercise any remedy or right accruing on default impairs any remedy or
right under this Agreement. An express, written waiver by either party of any
breach of any provision of this Agreement by the other party may not be deemed
to be a waiver of the breach of any other provision or of any subsequent breach
of the waived provision.
Parties Bound
7.05. This Agreement is binding on, and inures to the benefit of the contracting
parties and their respective heirs, successors, legal representatives, and assigns
when permitted by this Agreement. Lessee must promptly notify Lessor in writing
before any substantial changes in ownership or any material disposition of the
assets of Lessee’s business.
Notices
7.06. All notices, consents, waivers, or other communications, except invoices,
required under this Agreement must be sent by certified mail, return receipt
requested, and will be deemed to have been given when mailed to the parties at
their respective addresses as set forth in the preamble or when mailed to the last
address provided in writing to the other party by the addressee.
Governing Law
7.07. This Agreement is to be construed under, and in accordance with, the laws
of the State of Texas, and all obligations of the parties created by this Agreement
are to be performed in San Antonio, Bexar County, Texas.
Entire Agreement
7.08. This Agreement constitutes the entire agreement between the parties with
respect to its subject matter. All previous negotiations, understandings, or written
or oral agreements have been merged in this Agreement. The terms and
conditions of this Agreement prevail notwithstanding any variance in this
Agreement from the terms and conditions of any other document relating to this
transaction, whether prepared and submitted by Lessor or by Lessee.
Severability
7.09. If any one or more provisions of this Agreement are held invalid, illegal, or
unenforceable in any respect for any reason, the remaining provisions remain
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Free Equipment Leases Template