Common use of DisplayKEY Clause in Contracts

DisplayKEY. If selected, Organization leases to Keyholder, and Keyholder leases from Organization, the DisplayKEY and DisplayKEY Cradle (collectively, “DisplayKEY”) (which may be new or refurbished). The equipment and software incorporated in the DisplayKEY enables Keyholder to obtain a current update code; open and perform other iBox functions; and upload property‐showing data.

DisplayKEY. If selected, Organization leases to Keyholder, and Keyholder leases from Organization, the DisplayKEY and DisplayKEY Cradle (collectively, “"DisplayKEY”") (which may be new or refurbished). The equipment and software incorporated in the DisplayKEY enables Keyholder to obtain a current update code; open and perform other iBox functions; and upload property‐showing property­showing data.