Buy. Pursuant to the terms of this agreement, ▇▇▇▇▇▇▇▇ agrees to purchase the Point of Sale (POS) equipment (“equipment”) listed in section 5. Unless otherwise expressly indicated, when the term “equipment” is used in this contract it also refers to any optional equipment that Merchant has purchased under this contract. In the event Merchant has entered into an equipment lease and fails to provide the prescribed Delivery and Acceptance Verification form within five (5) days of receipt of equipment, breach any warranty, representation or covenant therein, fail to make the required Lease payments, or fail to return equipment as prescribed, Merchant shall pay Canmor a purchase fee equal to any Lease balance due plus the cost of replacement.
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Buy. Pursuant to the terms of this agreement, ▇▇▇▇▇▇▇▇ Merchant agrees to purchase the Point of Sale (POS) equipment (“equipment”) listed in section 5. Unless otherwise expressly indicated, when the term “equipment” is used in this contract it also refers to any optional equipment that Merchant has purchased under this contract. In the event Merchant has entered into an equipment lease and fails to provide the prescribed Delivery and Acceptance Verification form within five (5) days of receipt of equipment, breach any warranty, representation or covenant therein, fail to make the required Lease payments, or fail to return equipment as prescribed, Merchant shall pay Canmor a purchase fee equal to any Lease balance due plus the cost of replacement.
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