Common use of Fixed Purchase Price and Residual Risk Amount Clause in Contracts

Fixed Purchase Price and Residual Risk Amount. Fixed Purchase Price Residual Risk Amount (Percent of Capitalized (Percent of Capitalized End of Lessor's Cost) Lessor's Cost) ------ ---------------- ---------------- Basic Term 100.0000% 13.2500% Renewal Term 1 92.1681% 11.4000% Renewal Term 2 83.7655% 10.5000% Renewal Term 3 74.7508% 9.5000% Renewal Term 4 64.8705% 8.6500% Renewal Term 5 54.0542% 7.3000% Renewal Term 6 42.4499% 6.2500% Renewal Term 7 30.0000% 4.7000% The Fixed Purchase Price and Residual Risk Amount are each expressed as a percentage of the Capitalized Lessor's Cost of the Equipment. This Schedule is not binding or effective with respect to the Agreement or Equipment until executed on behalf of Lessor and Lessee by an authorized representative of Lessor and Lessee, respectively.

Appears in 3 contracts

Samples: Master Lease Agreement (Brush Engineered Materials Inc), Master Lease Agreement (Brush Engineered Materials Inc), Master Lease Agreement (Brush Engineered Materials Inc)

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Fixed Purchase Price and Residual Risk Amount. Fixed Purchase Price Residual Risk Amount (Percent of Capitalized (Percent of Capitalized End of Lessor's Cost) Lessor's Cost) ------ ---------------- ---------------- ----------------------- ----------------------- Basic Term 100.0000% 13.2500% Renewal Term 1 92.1681% 11.4000% Renewal Term 2 83.7655% 10.5000% Renewal Term 3 74.7508% 9.5000% Renewal Term 4 64.8705% 8.6500% Renewal Term 5 54.0542% 7.3000% Renewal Term 6 42.4499% 6.2500% Renewal Term 7 30.0000% 4.7000% The Fixed Purchase Price and Residual Risk Amount are each expressed as a percentage of the Capitalized Lessor's Cost of the Equipment. This Schedule is not binding or effective with respect to the Agreement or Equipment until executed on behalf of Lessor and Lessee by an authorized representative of Lessor and Lessee, respectively.

Appears in 1 contract

Samples: Master Lease Agreement (Brush Wellman Inc)

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Fixed Purchase Price and Residual Risk Amount. Fixed Purchase Price Residual Risk Amount (Percent of Capitalized (Percent of Capitalized End of Lessor's Cost) Lessor's Cost) ------ ---------------- ---------------- Basic Term 100.0000% 13.2500% Renewal Term 1 92.1681% 11.4000% Renewal Term 2 83.7655% 10.5000% Renewal Term 3 74.7508% 9.5000% Renewal Term 4 64.8705% 8.6500% Renewal Term 5 54.0542% 7.3000% Renewal Term 6 42.4499% 6.2500% Renewal Term 7 30.0000% 4.7000% The Fixed Purchase Price and Residual Risk Amount are each expressed as a percentage of the Capitalized Lessor's Cost of the Equipment. This Schedule is not binding or effective with respect to the Agreement or Equipment until executed on behalf of Lessor and Lessee by an authorized representative of Lessor and Lessee, respectively.

Appears in 1 contract

Samples: Master Lease Agreement (Brush Wellman Inc)

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