Buyout to Keep Option. A Purchasing Entity must notify the Contractor or Authorized Dealer, in writing, at least thirty (30) days in advance, if they wish to exercise the Buyout to Keep option on an FMV or Capital Lease. A Buyout to Keep option is not available on a Straight Lease.
Appears in 6 contracts
Samples: Master Lease Agreement, Master Agreement, Naspo Valuepoint Master Agreement
Buyout to Keep Option. A Purchasing Entity must notify the Contractor Awarded Vendor or Authorized Dealer, in writing, at least thirty (30) days in advance, if they wish to exercise the Buyout to Keep option on an FMV or Capital Lease. A Buyout to Keep option is not available on a Straight Lease.
Appears in 3 contracts
Samples: Copiers and Managed Print Services, bidcondocs.delaware.gov, bidcondocs.delaware.gov