Common use of Buyout to Return Option Clause in Contracts

Buyout to Return 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 Return option on an FMV or Straight Lease, and return the Device to the Contractor in good working condition (ordinary wear and tear excepted).

Appears in 15 contracts

Samples: Participating Addendum, Participating Addendum, Participating Addendum

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Buyout to Return 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 Return option on an FMV FMV, Capital or Straight Lease, and return the Device Equipment to the Contractor Awarded Vendor in good working condition (ordinary wear and tear excepted).

Appears in 3 contracts

Samples: Naspo Valuepoint Master Agreement, Request for Proposal, Request for Proposal

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Buyout to Return 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 Return option on an FMV or Straight Lease, and return the Device to the Contractor in good working condition (ordinary wear and tear excepted).

Appears in 2 contracts

Samples: Participating Addendum, Participating Addendum

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