Equipment Lease "Hell & High Water" Clause (Lessee's Obligations Unconditional)

Insert this optional clause into an equipment lease, to make provision that the Lessee (party leasing the equipment) is obligated to pay lease payments regardless of circumstances and regardless of any right the Lessee may have to set-off or counterclaim against the Lessor. This is a generic contract provision in MS Word format, and is not specific to any country or region.