Host Town Funded Purchase Option. Host Town agrees and understands that the Cooperative’s Purchase Option under the EMS Agreement includes the right to purchase the PV System from Contractor upon the expiration of the term of the EMS Agreement. Cooperative and Host Town acknowledge that pursuant to Section 13.4 of the EMS Agreement, Cooperative has a period of sixty (60) Business Days from the expiration of the term in which to request a price determination from an Independent Appraiser for the purchase of the PV System. Cooperative shall provide Host Town with notice no more than thirty (30) Business Days after the expiration of the term of the EMS Agreement stating whether it intends to request a price determination from an Independent Appraiser for the purchase of the PV System. In the event that the Cooperative determines not to request such price determination, Host Town may obligate the Cooperative to exercise Cooperative’s Purchase Option as follows:
