End of Term Options. If a Purchasing Entity desires to exercise a purchase, renewal, or return of the Equipment, it shall give Contractor at least thirty (30) days written notice prior to the expiration of such lease or rental term. Notwithstanding anything to the contrary, if Purchasing Entity fails to notify Contractor of its intent with respect to the exercise of a purchase, renewal, or return of the Equipment, the Initial Lease or Rental Term shall be terminated on the date as stated in the Order and removal of the Product will be mutually arranged.
End of Term Options. At least one hundred and eighty (180) days prior to the Return Date, but not more than two hundred seventy (270) days, the Lessee shall, by delivery of an irrevocable written notice to the Lessor, exercise one of the following options:
End of Term Options. At least one hundred eighty (180) days before the Expiration Date of the Term, but not more than three hundred and sixty-five (365) days prior to the Expiration Date of the Term, Lessee shall, by delivery of written notice to Lessor and the Administrative Agent, exercise one of the following options:
End of Term Options a) At any time not earlier than 6 months prior to the expiry of the Agreed Term, you may give us 30 days notice that at the end of the Agreed Term or 30 days after our receipt of the notice (whichever date is the later) you elect to;
End of Term Options. You may choose one of the following options, which you may exercise at the end of the term, provided that no event of default under this Agreement has occurred and is continuing. If no box is checked and initialed, Fair Market Value will be your end of term option. Fair Market Value means the value of the Equipment in continued use. Purchase all of the Equipment for its Fair Market Value, renew this Agreement, or return the Equipment. Purchase all of the Equipment for $1.00. At the end of the term, title to the Equipment will automatically transfer to you, AS IS, WHERE IS, with no warranties of any kind. Customer’s Initials Customer’s Initials X CMF# 20211143-A Upon acceptance of the Equipment, THIS AGREEMENT IS NONCANCELABLE, IRREVOCABLE AND CANNOT BE TERMINATED. ImageNet Consulting, LLC Customer Ambassador 5/20/2021 LESSOR ACCEPTANCE LESSOR SIGNATURE TITLE DATED CUSTOMER ACCEPTANCE BY SIGNING BELOW OR AUTHENTICATING AN ELECTRONIC RECORD HEREOF, YOU CERTIFY THAT YOU HAVE REVIEWED AND DO AGREE TO ALL TERMS AND CONDITIONS OF THIS APPROVED AS TO FORM: AGREEMENT ON THIS PAGE AND ON PAGE 2 ATTACHED HERETO. Xxxxxxxx Digitally signed by Xxxxxxxx Xxxxxxxx Xxxxxxxx -05'00' Date: 2021.06.10 16:24:06 Board of County Commissioners Tulsa County, O Chairman 06/14/2021 X CUSTOMER (as referenced above) SIGNATURE TITLE DATED FEDERAL TAX I.D. # 00-0000000 PRINT NAME Xxxx Xxxxxx
End of Term Options. Provided that the Lease has not been terminated and that no Event of Default or event which, with notice or lapse of time or both, would become an Event of Default shall have occurred and shall be continuing, Lessee shall at the end of the Initial Lease Term of the first Schedule be entitled to elect and to exercise one of the options, if any, indicated in the applicable Schedule which election shall be binding on Lessee with respect to all Schedules entered into between Lessor and Lessee under this Lease. The foregoing options granted hereunder shall be exercised by written notice delivered to Lessor by Lessee not more than 180 days and not less than ninety (90) days prior to the expiration of the Initial Lease Term of the Equipment, subject to Schedule No. 001.
End of Term Options. At least 180 days before the scheduled expiration date of the Term, Lessee shall, by delivery of written notice to Agent Lessor and each Agent, exercise one of the following options:
End of Term Options. 15.1 At the end of any Term, Lessee may select one of the options described below and as detailed in the Schedule by providing Lessor an End of Term Notice. If Lessee fails to give its End of Term Notice at least thirty (30) days but no more than one hundred eighty (180) days prior to Expiry Date, then the Term of the Agreement will automatically continue on a month to month basis. Such Agreement will continue under the same General Conditions and at the last Rent Payment from the immediately preceding Term on a monthly basis greater than zero (but not less than the applicable Average Rent ) until the later of the date that is thirty (30) days after the End of Term Notice has been received by Lessor and the date on which Lessee has satisfied all the conditions of such selected End of Term Options as described herein.
End of Term Options. At least 270 days before the scheduled expiration date of the Lease Term, Lessee shall, by delivery of written notice to Lessor and the Agent, exercise one of the following options:
End of Term Options. If Lessee is not in default and gives Lessor at least ninety (90) days prior written notice, Lessee will have the option at the expiration of the Initial Term to (a) purchase all, but not less than all, Equipment and/or Software (as applicable) for an amount equal to thirty-eight percent (38%) of the original acquisition cost, plus an amount which would be obtainable at the end of the Initial Term in an arm's-length transaction between an informed and willing buyer/user and an informed and willing seller under no compulsion to sell as determined by Lessor in its reasonable discretion, exercised in good faith, for any upgrades or additions with respect to such Equipment and/or Software (as applicable), plus taxes or (b) extend the Initial Term for all, but not less than all, Equipment and/or Software (as applicable) for a mutually agreed upon renewal period at a periodic Rent equal to an amount which would be obtainable at the commencement of the extended Initial Term in an arm's-length transaction between an informed and willing lessee/user and an informed and willing lessor/dealer under no compulsion to lease, plus taxes amortized over the renewal period , or (c) return the Equipment and/or Software (as applicable) in accordance with the terms and conditions of the Master Lease. If Lessee fails to provide written notice then the Equipment Schedule will continue in full force and effect until terminated in accordance with its terms.
