Common use of Leasing Agreement Clause in Contracts

Leasing Agreement. 3.1 In the event that the Customer has agreed to acquire the Equipment by way of a Leasing Arrangement (which will be the case if the Lease Arrangement box is completed on this Agreement) the Customer shall subject to clause 3.2 Procure that a Leasing Arrangement is concluded on terms satisfactory to CommsFM and implemented to the satisfaction of CommsFM such that CommsFM is paid in full by the finance company within four weeks of the Go Live Date or such longer period as CommsFM may specify in writing. 3.2 CommsFM shall give to the Customer such reasonable co-operation as CommsFM considers appropriate in order to ensure that a Leasing Arrangement is concluded and CommsFM is paid all in accordance with the terms of clause 3.1. 3.3 In the event that a Leasing Arrangement is not concluded and implemented within 4 weeks of the Commencement Date or the Go Live Date, all in accordance with the terms of clause 3.1, The Customer shall, unless CommsFM determines otherwise by giving written notice to that effect to the Customer:- either at the option of CommsFM; 3.3.1 Purchase the Equipment at the Purchase Price in accordance with clause 4; or 3.3.2 Rent the Equipment from CommsFM in accordance with clause 5.

Appears in 3 contracts

Samples: Definitions and Interpretation, Definitions and Interpretation, Definitions and Interpretation Agreement

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Leasing Agreement. 3.1 In the event that the Customer has agreed to acquire the Equipment by way of a Leasing Arrangement (which will be the case if the Lease Arrangement box section is completed on this Agreement) ), the Customer shall shall, subject to clause 3.2 3.2, Procure that a Leasing Arrangement is concluded on terms satisfactory to CommsFM and implemented to the satisfaction of CommsFM such that CommsFM is paid in full by the finance company within four weeks of the Go Live Date or such longer period as CommsFM may specify in writing. 3.2 CommsFM shall give to the Customer such reasonable co-operation as CommsFM considers appropriate in order to ensure that a Leasing Arrangement is concluded and CommsFM is paid all in accordance with the terms of clause 3.1. 3.3 In the event that a Leasing Arrangement is not concluded and implemented within 4 weeks of the Commencement Date or the Go Live Date, all in accordance with the terms of clause 3.1, The Customer shall, unless CommsFM determines otherwise by giving written notice to that effect to the Customer:- either at the option of CommsFM; 3.3.1 Purchase the Equipment at the Purchase Price in accordance with clause 4; or 3.3.2 Rent the Equipment from CommsFM in accordance with clause 5.

Appears in 2 contracts

Samples: Terms and Conditions, Terms and Conditions

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Leasing Agreement. 3.1 In the event that the Customer has agreed to acquire the Equipment by way of a Leasing Arrangement (which will be the case if the Lease Arrangement box is completed on this Agreement) the Customer shall subject to clause 3.2 Procure procure that a Leasing Arrangement is concluded on terms satisfactory to CommsFM and implemented to the satisfaction of CommsFM such that CommsFM is paid in full by the finance company within four weeks of the Go Live Date or such longer period as CommsFM may specify in writing. 3.2 CommsFM shall give to the Customer such reasonable co-operation as CommsFM considers appropriate in order to ensure that a Leasing Arrangement is concluded and CommsFM is paid all in accordance with the terms of clause 3.1. 3.3 3.2.1 In the event that a Leasing Arrangement is not concluded and implemented within 4 weeks of the Commencement Date or the Go Live Date, all in accordance with the terms of clause 3.1, The Customer shall, unless CommsFM determines otherwise by giving written notice to that effect to the Customer:- either at the option of CommsFM; 3.3.1 Customer Purchase the Equipment at the Purchase Price in accordance with clause 4; or 3.3.2 Rent the Equipment from CommsFM in accordance with clause 5.

Appears in 1 contract

Samples: Definitions and Interpretation

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