LEASE PURCHASE. 38 3.5.1. Lease of the Premises or Lease means any agreement between a landlord and the Tenant to create a tenancy or 39 leasehold interest in the Premises.
LEASE PURCHASE. In case of lease purchase, the funding agency shall assume the rights and obligations hereunder as Buyer, and shall guarantee the rights and obligations of the end-user.
LEASE PURCHASE. If the Buyer is purchasing the Goods in order to lease them to a third party, the Buyer shall ensure that such third party complies with all relevant obligations of the Buyer under the Contract (including without limtiation in relation to the use, storage and maintenance of the Goods) and shall be directly liable to bioMérieux for any failure of such third party to comply with such terms.
LEASE PURCHASE. The first year after move-in a lease/purchase agreement may be in force. The payments made on the lease/purchase will be applied to reduce the mortgage principle.
LEASE PURCHASE. (1) HTF funds may be used to assist homebuyers through lease-purchase programs for existing housing and for housing to be con- structed. The housing must be pur- chased by an eligible homebuyer within 36 months of signing the lease-purchase agreement. The homebuyer must qual- ify as an income-eligible family at the time the lease-purchase agreement is signed.
LEASE PURCHASE. 37 3.5.1. A “
LEASE PURCHASE. Lease Purchase is essentially Hire Purchase with a balloon payment at the end of the contract. Lease Purchase offers lower monthly payments than normal hire purchase. Instead, at the end of the agreement, you can make a final lump sum payment (or 'balloon') to own your car. It's fixed rate finance - but with a lower fixed monthly outlay since you defer repayment of some of the borrowing. At the end of the agreement options include car purchase, refinance, part exchange or resale. The deposit you pay is flexible - from as little as £99. The remaining balance, plus fixed interest, is repaid in equal instalments over an agreed period (12-60 months) plus a final balloon payment. Finance Lease Finance lease is a financing option available to businesses only. It allows payment of the entire cost of the vehicle over the life of the contract with or without a final 'balloon' payment. At the end of the agreed term and after the balloon payment (if applicable) has been paid, you can either: Continue to use the vehicle by paying an annual 'peppercorn' rental or, Sell the vehicle to a third party and retain 98% of the proceeds of sale. The remaining 2% must be paid to the finance company. This type of finance is often attractive to the building and construction industry as there is no damage re-charge at the end of the contract and no mileage restrictions, although a higher mileage will affect the residual value if the contract incorporates a 'balloon' payment. Non Status/Sub Prime Contracts These are available for new start companies and businesses or individuals that have experienced credit problems in the past. Initial payments are typically 6 times the monthly rental. Sale And Leaseback If your company already has vehicles that have been purchased in the past, we can arrange for a finance company to buy the vehicles off you to give a capital injection to the business. The vehicles would then be leased back to you at competitive rates. This would be subject to age, mileage and value of the vehicles concerned. Get In Touch! For further information on any of the aspects included in this report, or for a quote on a vehicle, please contact us on the details shown below. FCS Vehicle Solutions White Barn Xxxxx Xxxx Xxxxx Xxxx Xxxxxxx XX00 0XX Tel: 00000 000000 Web: xxx.xxxxxxxxxxxxxxxxxxx.xx.xx
LEASE PURCHASE a. Total Purchase Price - Principle of $3,337,500: Xxxxxx agrees to pay Xxxxxx, and Xxxxxx agrees to sell the above described real property to Lessee, a total purchase price of $3,337,500 principal with accrued interest as set forth herein in Sections 2.c, 2.d, and 2.x.
LEASE PURCHASE. In case of lease purchase, the funding agency shall assume the rights and obligations hereunder as Buyer, and shall guarantee the rights and obligations of the end-user. All products remain bioMérieux's property until full payment thereof by Xxxxx. In the event of non-payment by Xxxxx, bioMérieux reserves the right to recover or to make recover possession of the unpaid goods. bioMérieux shall retain the part of the price already paid as a compensation for the use of the goods. The promise to pay shall not be considered, for the purposes of this provision, as payment. Notwithstanding the above, the Buyer is liable for all damage occurring to the Products or damage caused by the Products. In accordance with the Incoterms as per Article 3, risk of loss or damage are transferred from bioMérieux to the Buyer after delivery of such Products to the Buyer. The Buyer shall therefore ensure that its insurance covers the Products delivered from this time.
LEASE PURCHASE. The first year after move-in a lease/purchase agreement will be in force. The payments made on the lease/purchase will be applied to reduce the mortgage principle less insurance and taxes for escrow. Failure under the lease purchase agreement to make payments on time can result in the homeowner having The Family Selection Committee review and deem what may be necessary for continued financial/budget counseling. The homeowner must stay in good standing in order to be converted to a mortgage. Mortgage Payments The Xxxxxx Center for Housing carries the mortgage on all the Xxxxxx homes. The Xxxxxx home loans are 0% interest loans with no profit. Homeowners are required to pay a monthly mortgage payment. The payment is calculated based on the selling price of the house and your income. A portion of the mortgage payment is applied to the principle and the remainder is deposited into an escrow account to pay insurance premiums and city/county taxes. Mortgage documents will be executed at your closing. Xxxxxx Center homes may not be rented or subleased out by the homeowner. Xxxxxx Center homes are designed as permanent housing for homeowners. Xxxxxx Center mortgages will include shared equity clauses for a period of years. Xxxxxx Center for Housing reserves the right of First Refusal. Homeowner Candidate Meetings Homeowner candidates are required to attend Homeowner Candidate meetings, which are held periodically. Because attendance is mandatory, any candidate who is absent from two meetings without prior approval will be terminated from the program. House Construction Please remember that homes constructed by The Xxxxxx Center for Housing, Inc. are built with your labor and with other volunteer labor. Many of the materials used to construct and prepare your home have been donated. All materials used in construction of your home are new. While Xxxxxx Center will make every reasonable effort to complete your home in a timely manner, it cannot guarantee a completion date or the exact selling price until the project is finished. The Xxxxxx Center for Housing is providing you with a good faith estimate of the price of the finished home to be $ . House Maintenance Homeowners are responsible for the interior and exterior maintenance of their Xxxxxx Center home and property. Additionally, homeowners are responsible for all utilities and any associated costs related to the maintenance and upkeep of their house. Photographic Release I hereby grant and convey to Xxxxxx Cent...
