Examples of Rental Payments in a sentence
Lessee may exercise such option to purchase by giving written notice to Lessor, not less than sixty (60) days prior to the applicable date Lessee has chosen to exercise its option to purchase the Equipment (the “Exercise Date”), provided that upon Xxxxxx’s timely payment of all Rental Payments specified in Exhibit A, Lessee shall be deemed to have properly exercised its option to purchase the Equipment.
Lessee shall pay Rental Payments, exclusively from legally available funds, in lawful money of the United States of America to the Lessor during the Original Term and any Renewal Terms as hereinafter provided.
The Lease Term may be continued solely at the option of Lessee for such additional Renewal Terms, each of one (1) year duration, as would be required to make all Rental Payments set forth in Exhibit A hereto.
Lessee shall not be obligated to make payment of the Rental Payments provided for in this Lease beyond the then current Original or Renewal Term.
The Lessee shall have no obligation to make any payment with respect to this Lease except in connection with the payment of the Rental Payments and certain other payments under this Lease, which payments may be terminated by the Lessee in accordance with the provisions of this Lease.