End of Lease Options. Upon the expiration of the Term of each Schedule, Lessee shall return, or purchase, or extend or renew the Term with respect to, all (but not less than all) of the Equipment leased under all Schedules executed hereunder upon the following terms and conditions.
Appears in 3 contracts
Samples: Facilities Agreement (Aladdin Capital Corp), Facilities Agreement (Aladdin Gaming Enterprises Inc), Master Lease Agreement (Northwest Pipe Co)
End of Lease Options. Upon the expiration of the Term of each Schedule, Lessee shall return, or purchase, or extend or renew the Term with respect to, all (but not less than all) of the Equipment leased under all Schedules executed hereunder upon the following terms and conditions. The end of lease option selected by Lessee with respect to the first Schedule to be executed under this Agreement shall be applicable with respect to all Schedules executed under this Agreement.
Appears in 1 contract