Early Buyout Option. Lessor hereby grants to Lessee the option, exercisable only as provided herein, to purchase all but not less than all Equipment leased pursuant to each Schedule prior to the expiration of the Term for such Schedule, subject to the following: (a) so long as no Event of Default, or event which with notice, lapse of time or both would become an Event of Default shall have occurred, Lessee shall have the right at its option to purchase all, but not less than all, Equipment leased pursuant to each Schedule (the “EBO Equipment”) on the Fifth (5th) and Seventh (7th) anniversaries of the Base Term Commencement Date (each an “EBO Date”); provided, however, that Lessee shall have given at least ninety (90) days but not more than one hundred fifty (150) days prior written notice (which notice shall be irrevocable without Lessor’s written consent) to Lessor; (b) on the EBO Date: (i) Lessee shall pay to Lessor an amount equal to: (A) Seventy-Five Percent (75%) of the Lessor’s Cost set forth on the Schedule in the event the EBO Date is the Fifth anniversary of the Base Term Commencement Date or Fifty-Six Percent (56%) of the Lessor’s Cost set forth on the Schedule in the event the EBO Date is the Seventh anniversary of the Base Term Commencement Date; plus (B) all other amounts due under such Schedule with respect to the EBO Equipment, including the Rent payment due on the EBO Date and applicable Taxes and other amounts due or payable with respect to such sale and (ii) Lessor shall sell such Equipment for cash to Lessee, AS IS, WHERE IS, without recourse or warranty (except that Lessor has whatever title (if any) to the Equipment that was conveyed to it by the Vendor free of any security interest arising solely by reason of a claim against Lessor that Lessee is not responsible to remove pursuant to this Lease). Provided that Lessee has complied with all obligations contained herein, such Schedule shall be deemed terminated on the EBO Date and Lessee shall have no further obligations to pay Rent thereunder. Notwithstanding anything to the contrary herein, Lessee hereby agrees that: (1) Lessee’s exercise of the Early Buyout Option under this Section 5.1 with respect to Equipment leased pursuant to one Schedule shall be automatically deemed to be an election of its Early Buyout Option to purchase all Equipment leased under all other Schedules to this Master Lease at the same EBO Date (Fifth or Seventh anniversary, as applicable) for such other Schedules in accordance with ...
Early Buyout Option. At any time after the first rental payment is made, the Renter may exercise the early buyout option described herein to acquire ownership of the property, provided that all payments required by the Agreement are current and the Agreement has not been terminated by default. The renter shall pay the balance of the Rent-To-Own price due, less 20%, and less the remaining optional maintenance plan fees.
Early Buyout Option. The Purchaser shall have the option of early buyout within one year of execution for a cash payment of $750,000 and 750,000 shares.
Early Buyout Option. So long as no Default shall have occurred and be continuing, Lessee shall have the option to purchase all, but not less than all, of the Equipment on the dates which are 36 and 108 months after the Rent Commencement Date (the “EBO Dates”) respectively at a price (the “EBO Price”) equal to 92.43% of the Total Cost of the Equipment for the first date and 65.97% of the Total Cost of the Equipment for the second date, plus, in each case, any applicable sales taxes (the “Early Purchase Option”).
Early Buyout Option. At its option beginning with the fourth (4th) month following the Rent Commencement Date, Lessee may purchase all of the Product in it's then "as is" condition at its location when the option is exercised. Except for leases with Fair Market Value purchase options, the purchase price shall be determined from the referenced Early Buyout Schedule. The early buyout purchase price for leases with Fair Market Value purchase options shall be such that Lessor's projected yield from the lease shall be preserved.
Early Buyout Option. Provided that no Event of Default or Potential Default has then occurred and is continuing, Lessee shall have the option to purchase all, but not less than all of the items of Equipment constituting an individual 5ESS switch on the date (EBO Date) and for a purchase price specified by Lessor in the applicable Schedule for such items of Equipment. Such option will be exercisable upon irrevocable written notice to Lessor from Lessee given at least ninety (90) days prior to the applicable EBO Date.
Early Buyout Option. Provided the Lease is a non-FMV Lease, Lessee may purchase some or all of the Equipment Leased hereunder prior to the end of the Lease Term provided (i) Lessee delivers written notice to Lessor at least thirty (3) days prior to exercising such option, and (ii) Lessee has not allowed or caused an Event of Default to exist and continue (“Early Buyout Option”). The Early Buyout Amount will be equal to the present value of the remaining Rents due for the purchased Equipment under the Lease for the number of months following the date the Lessee notifies Lessor of its election of the Early Buyout Option, using a discount rate of 3%, plus fulfillment of all other obligations of Lessee under the Agreement which are then due.
Early Buyout Option. 29 (a) Option to Purchase.......................29 (b) Conveyance...............................29 (c) Deferred EBO Payment Amount..............29 SECTION 16.02. End of Term Purchase Option.....................30 (a) Return Notice............................30 (b)
Early Buyout Option. (a) Option to Purchase. Lessee shall have the right, upon not less than 180 days nor more than 365 days prior written irrevocable notice to Lessor, to purchase all but not less than all of the Equipment on the EBO Date and at the EBO Price set forth in the Lease Supplements. As a condition to such purchase, Lessee shall be obligated to pay, in addition to the installment of the EBO Payment Amount for such Equipment due on each EBO Payment Date, (i) Overdue Rent with respect to such Equipment as of the EBO Date for such Equipment, and (ii) any other Supplemental Rent due and payable on or prior to the EBO Date for such Equipment.
Early Buyout Option. Following the sixtieth (60th) month of the term of this Lease (Date) and provided no Event of Default shall have occurred and be continuing, Lessee shall have an option to purchase all but not less than all Units, free and clear of the lien of this Lease by delivering a payment to Lessor in an amount equal to $13,882,672 [*CONFIDENTIAL MATERIAL OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT.]
