Common use of Note to Users Clause in Contracts

Note to Users. When using this lease to purchase equipment from this contract, Non-State Agency Authorized Users, particularly political subdivisions, should seek advice and direction from their counsel regarding any additional legal requirements that are applicable to use of the lease and ensure compliance with any such legal requirements. This Lease is limited to Contractor Models and Products as defined in the NYS Contract PC . The Authorized User during the term defined below, agrees to lease from the Contractor the Mailing Equipment, embedded software, and other products listed on a purchase order. Postage meters for use with Mailing Equipment are excluded from this Lease Agreement. Their acquisition shall be governed by NYS Contract PC . The AU agrees to pay the Contractor in accordance with the lease term included in the purchase order and agreed upon by both parties. Lease Rate Factor applied to lease shall be in accordance with the rate specified in Contract PC  for the applicable lease term. Lease Payments are payable in arrears monthly or quarterly as defined by the Contractor and set forth in the purchase order. Months 12 24 36 48 60 Initial Term and Renewal