Common use of End of Lease Term Clause in Contracts

End of Lease Term. Lessee shall have the option to purchase all of the Equipment under a Lease upon the expiration of the Lease Term and payment in full of all Rental Payments then due and all other amounts then owing under the Lease, and the payment of $1.00 to Lessor.

Appears in 3 contracts

Sources: Lease Purchase Agreement, Master Lease Purchase Agreement, Master Lease Purchase Agreement

End of Lease Term. Lessee shall have the option to purchase all of the Equipment under a Lease upon the expiration of the Lease Term and payment in full of all Rental Payments then due and all other amounts then owing under the Leasehereunder, and the payment of $1.00 to Lessor.

Appears in 2 contracts

Sources: Lease Purchase Agreement, Lease Purchase Agreement