Examples of End of Lease Date in a sentence
If Customer fails to give its End of Lease Notice at least 30 days but no more than 180 days prior to the End of Lease Date then the Lease Term will automatically continue on a month to month basis.
Such Lease will continue under the same terms and conditions and at the then applicable Average Rent (but for Equipment with a FMV Purchase Option, not less than the fair market rental value as of the End of Lease Date as determined by IBM) until the later of the date that is 30 days after the End of Lease Notice has been received by IBM and the date on which Customer has satisfied all the conditions of such selected end of lease option as described herein.
If Customer does not pay IBM all such amounts on or prior to the applicable End of Lease Date, then Customer shall continue to pay IBM the Average Rent until receipt by IBM of all such amounts.
If Customer does not pay IGF all such amounts on or prior to the applicable End of Lease Date, then Customer shall continue to pay IGF the Average Rent until receipt by IGF of all such amounts.
Such Lease will continue under the same terms and conditions and at the then applicable Average Rent (but for Equipment with a FMV Purchase Option, not less than the fair market rental value as of the End of Lease Date as determined by IGF) until the later of the date that is 30 days after the End of Lease Notice has been received by IGF and the date on which Customer has satisfied all the conditions of such selected end of lease option as described herein.
In the event Lessee provides its End of Lease Notice in accordance with Section 15.1 selecting this option but fails to return the Equipment on or prior to the applicable End of Lease Date or if Lessee returns the Equipment on or after the End of Lease Date without providing such End of Lease Notice, then Lessee shall continue to pay Rent to Lessor in accordance with Section 15.1 until thirty (30) days following the date on which the Equipment is received by Lessor in accordance with Section 16.
If Customer does not pay IBM all such amounts on or prior to the applicable End of Lease Date, then Customer shall continue to pay IBM the Average Lease Payment until receipt by IBM of all such amounts.
If Lessee fails to give its End of Lease Notice at least thirty (30) days but no more than one hundred eighty (180) days prior to the End of Lease Date, then the Term of the Lease will automatically continue on a month to month basis.
Such Lease will continue under the same terms and conditions and at the then applicable Average Lease Payment (but for Equipment with a FMV Purchase Option, not less than the fair market rental value as of the End of Lease Date as determined by IBM) until the later of the date that is 30 days after the End of Lease Notice has been received by IBM and the date on which Customer has satisfied all the conditions of such selected end of lease option as described herein.
If Lessee does not pay Lessor all such amounts on or prior to the applicable End of Lease Date, then Lessee shall continue to pay Rent to Lessor in accordance with Section 15.1 until receipt by Lessor of all the amounts due.