Common use of End of Term Clause in Contracts

End of Term. At the end of the term of this Agreement (or any renewal term) (the “End Date”), this Agreement will renew month to month unless a) you provide us written notice, at least 90 days prior to the End Date, of your intent to return the Equipment, and b) you timely return the Equipment to the location designated by us, at your expense. If a Purchase Option is indicated above and you are not in default on the End Date, you may purchase the Equipment from us “AS IS” for the Purchase Option price. If the returned Equipment is not immediately available for use by another without need of repair, you will reimburse us for all repair costs. You cannot pay off this Agreement or return the Equipment prior to the End Date without our consent. If we consent, we may charge you, in addition to other amounts owed, an early termination fee equal to 5% of the price of the Equipment.

Appears in 16 contracts

Samples: Equipment Lease Agreement, Equipment Lease Agreement, Equipment Lease Agreement

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End of Term. At the end of the term of this Agreement (or any renewal term) (the “End Date”ìEnd Dateî), this Agreement will renew month to month unless a) you provide us written notice, at least 90 days prior to the End Date, of your intent to return the Equipment, and b) you timely return the Equipment to the location designated by us, at your expense. If a Purchase Option is indicated above and you are not in default on the End Date, you may purchase the Equipment from us “AS IS” ìAS ISî for the Purchase Option price. If the returned Equipment is not immediately available for use by another without need of repair, you will reimburse us for all repair costs. You cannot pay off this Agreement or return the Equipment prior to the End Date without our consent. If we consent, we may charge you, in addition to other amounts owed, an early termination fee equal to 5% of the price of the Equipment.

Appears in 3 contracts

Samples: Equipment Lease Agreement, Equipment Lease Agreement, Equipment Lease Agreement

End of Term. At the end of the term of this Agreement (or any renewal term) (the “End Date”ìEnd Dateî), this Agreement will renew month to month unless a) you provide us written notice, notice of your intent to return the Equipment at least 90 days prior to the End Date, of your intent to return the Equipment, and b) you timely return the Equipment to the location designated by us, at your expense. If a Purchase Option is indicated above and you are not in default on the End Date, you may purchase the Equipment from us “AS IS” ìAS ISî for the Purchase Option price. If the returned Equipment is not immediately available for use by another without need of repair, you will reimburse us for all repair costs. You cannot pay off this Agreement or return the Equipment prior to the End Date without our consent. If we consent, we may charge you, in addition to other amounts owed, an early termination fee equal to 5% of the price of amount we paid for the Equipment.

Appears in 3 contracts

Samples: Equipment Lease Agreement, Equipment Lease Agreement, Equipment Lease Agreement

End of Term. At the end of the term of this Agreement (or any renewal term) (the “End Date”), this Agreement will renew month to month unless a) you provide us written notice, at least 90 days prior to the End Date, of your intent to return the Equipment, and b) you timely return the Equipment to the location designated by us, at your expense. If a Purchase Option is indicated above and you are not in default on the End Date, you may purchase the Equipment from us “AS IS” for the Purchase Option price. If the returned Equipment is not immediately available for use by another without need of repair, you will reimburse us for all repair costs. You cannot pay off this Agreement or return the Equipment prior to the End Date without our consent. If we consent, we may charge you, in addition to other amounts owed, an early termination fee equal to 5% of the price of amount we paid for the Equipment.

Appears in 2 contracts

Samples: Equipment Financing Agreement, Fp Ezlease Agreement

End of Term. At the end of the term of this Agreement (or any renewal term) (the “End ìEnd Date”), this Agreement will renew month to month unless a) you provide us written notice, at least 90 days prior to the End Date, of your intent to return the Equipment, and b) you timely return the Equipment to the location designated by us, at your expense. If a Purchase Option is indicated above and you are not in default on the End Date, you may purchase the Equipment from us “AS ìAS IS” for the Purchase Option price. If the returned Equipment is not immediately available for use by another without need of repair, you will reimburse us for all repair costs. You cannot pay off this Agreement or return the Equipment prior to the End Date without our consent. If we consent, we may charge you, in addition to other amounts owed, an early termination fee equal to 5% of the price of the Equipment.

Appears in 1 contract

Samples: Equipment Lease Agreement

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End of Term. At the end of the term of this Agreement (or any renewal term) (the “End Date”), this Agreement will renew month to month unless a) you provide us written notice, at least 90 30 days prior to the End Date, of your intent to return the Equipment, and b) you timely return the Equipment to the location designated by us, at your expense. If a Purchase Option is indicated above and you are not in default on the End Date, you may purchase the Equipment from us “AS IS” for the Purchase Option price. If the returned Equipment is not immediately available for use by another without need of repair, you will reimburse us for all repair costs. You cannot pay off this Agreement or return the Equipment prior to the End Date without our consent. If we consentconsen t, we may charge you, in addition to other amounts owed, an early termination fee equal to 5% of the price of amount we paid for the Equipment.

Appears in 1 contract

Samples: Equipment Lease Agreement

End of Term. At the end of the term of this Agreement (or any renewal term) (the “End Date”), this Agreement will renew month to month for an additional one-year period under the same terms unless a) you provide us we receive written noticenotice from you, at least 90 60 days prior to the End Date, of your intent to return the Equipment, and b) you timely return the Equipment to the location designated by us, at your expense. If a Purchase Option is indicated above and you are not in default on the End Date, you may purchase the Equipment from us “AS IS” for the Purchase Option price. If the returned Equipment is not immediately available for use by another without need of repair, you will reimburse us for all repair costs. You cannot pay off this Agreement or return the Equipment prior to the End Date without our consent. If we consent, we may charge you, in addition to other amounts owed, an early termination fee equal to 5% of the price of the Equipment.

Appears in 1 contract

Samples: Equipment Lease Agreement

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