Common use of Leasing Option Clause in Contracts

Leasing Option. Winmill may from time to time, in its sole discretion, offer Client the option of leasing Products through a third party instead of directly purchasing the Products from Winmill. The Client must provide Winmill with notice and the identity of the lessor before Winmill accepts the applicable Order. The exercise of this option is subject to acceptance by Winmill on terms and conditions established by Winmill in its sole discretion, which shall include: (i) prior to shipment of the Products or commencement of the Services, Client must provide Winmill with the lessor’s purchase order; and (ii) no later than five (5) days after the delivery of all of subject Products or commencement of the subject Services, Client must provide Winmill and the lessor with a signed “Certificate of Acceptance” or other similar document used to confirm the lease arrangement for the applicable Products and/or Services. Client shall be solely responsible for the lease transaction, and shall remain liable for all of its payment obligations and other obligations hereunder notwithstanding such lease.

Appears in 5 contracts

Samples: Terms & Conditions, Terms & Conditions, Terms & Conditions

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Leasing Option. Winmill WinMill may from time to time, in its sole discretion, offer Client the option of leasing Products through a third party instead of directly purchasing the Products from WinmillWinMill. The Client must provide Winmill WinMill with notice and the identity of the lessor before Winmill WinMill accepts the applicable Order. The exercise of this option is subject to acceptance by Winmill WinMill on terms and conditions established by Winmill WinMill in its sole discretion, which shall include: (i) prior to shipment of the Products or commencement of the Services, Client must provide Winmill WinMill with the lessor’s purchase order; and (ii) no later than five (5) days after the delivery of all of subject Products or commencement of the subject Services, Client must provide Winmill WinMill and the lessor with a signed “Certificate of Acceptance” or other similar document used to confirm the lease arrangement for the applicable Products and/or Services. Client shall be solely responsible for the lease transaction, and shall remain liable for all of its payment obligations and other obligations hereunder notwithstanding such lease.

Appears in 1 contract

Samples: Terms & Conditions

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