Common use of Acquisition Option Clause in Contracts

Acquisition Option. Subject to the terms of this Contract and if it has been duly performed by LEASEE, ▇▇▇▇▇▇ grants LEASEE the irrevocable option to acquire -once the Contract expires-, possession of the property which is the subject of this Contract, under the following dispositions: 1- PRICE: ▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇-▇▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇ AMERICAN DOLLARS (US$197,000.00). 2- TERMS OF PAYMENT: PAYABLE UPON EXPIRATION OF LEASE (12 YEARS).

Appears in 1 contract

Sources: International Leasing Contract (Transtel S A)

Acquisition Option. Subject to the terms of this Contract and if it has been duly performed by LEASEE, ▇▇▇▇▇▇ grants LEASEE the irrevocable option to acquire -once the Contract expires-, possession of the property which is the subject of this Contract, under the following dispositions: 1- PRICE: ▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇-▇▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇ AMERICAN DOLLARS (US$197,000.00190,000.00). 2- TERMS OF PAYMENT: PAYABLE UPON EXPIRATION OF THE LEASE (12 YEARS).

Appears in 1 contract

Sources: International Leasing Contract (Transtel S A)