Common use of End of Lease Term Clause in Contracts

End of Lease Term. At the end of the Lease Term, with respect to each Property Schedule executed pursuant hereto, if Lessee has made all Lease Payments and the Property Schedule has not been terminated, then Lessee has the option, in its sole discretion, to purchase the Property by delivering payment to Lessor of the final Lease Payment on the final regular payment date specified in the Payment Schedule.

Appears in 4 contracts

Samples: Master Lease Purchase Agreement, Master Lease Purchase Agreement, Master Lease Purchase Agreement

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End of Lease Term. At the end of the Lease Term, with respect to each Property Schedule executed pursuant hereto, if Lessee Xxxxxx has made all Lease Payments and the Property Schedule has not been terminated, then Lessee has the option, in its sole discretion, to purchase the Property by delivering payment to Lessor of the final Lease Payment on the final regular payment date specified in the Payment Schedule.

Appears in 1 contract

Samples: Master Lease Purchase Agreement

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