Sale or License of Custom Products Involving Tax-Exempt Financing (i.e., Certificates of Participation - COPS Sample Clauses

Sale or License of Custom Products Involving Tax-Exempt Financing (i.e., Certificates of Participation - COPS. The Authorized User’s sale or other transfer of Custom Products which were acquired by the Authorized User using third party, tax-exempt financing may not occur until such Custom Products are, or become, useable. In the event that the Contractor wishes to obtain ownership rights to Custom Product(s), the sale or other transfer shall be at fair market value determined at the time of such sale or other transfer, and must be pursuant to a separate written agreement in a form acceptable to the Authorized User which complies with the terms of this paragraph.