Common use of Purchasing Options Clause in Contracts

Purchasing Options. 1. At the successful conclusion of the Use Agreement, the PARENT may purchase the assigned computer at the following rate. a. End of first year: purchase for 50% of the original price b. End of second year: purchase for 75% of the original price c. End of third year: purchase for $5.00

Appears in 2 contracts

Sources: Computing Device Loan Agreement, Computing Device Loan Agreement

Purchasing Options. 1. At the successful conclusion of the Use Agreement, the PARENT may purchase the assigned computer at the following rate. a. End of first year: purchase for 50% off of the original price b. End of second year: purchase for 75% off of the original price c. End of third year: purchase for $5.00

Appears in 1 contract

Sources: Computing Device Loan Agreement