Lessee’s Purchase Sample Clauses
Lessee’s Purchase. Subject to the provisions set forth in this Article XIV, on the applicable purchase date or the Lease Termination Date, as the case may be, Lessor shall convey to Lessee, without recourse or warranty (other than as to the absence of Lessor Liens), and Lessee shall purchase from Lessor, Lessor’s interest in the Leased Property.
Lessee’s Purchase. On the Termination Date, Lessee shall purchase all (but not less than all) of the Properties for an amount equal to the Fair Market Sales Value. Lessee shall also pay to (i) Lessor all other Basic Payments then due and owing or accrued and (ii) to the appropriate parties all other Supplemental Payments then due and owing or accrued. Lessor shall also pay all Sales Expenses in connection with its purchase of the Properties. Lessor's sale of the Properties shall be on an as-is, where-is and with all faults basis, without recourse to or representation or warranty by Lessor except as to the absence of Liens on the Properties created by or through Lessor. If Lessee has exercised its purchase option, but has not prior to the Termination Date paid all amounts for which it is obligated under this Section 29(b), then Lessor in its sole discretion may elect to refuse to sell the Properties to Lessee. If Lessor does elect to sell the Properties to Lessee, then Lessee shall pay Lessor an amount after the Termination Date equal to 110% of the daily average of the Basic Payments during the term as determined by Lessor, on the dates requested by Lessor and shall pay Lessor the pro rata portion of such amount which is accrued but unpaid on the date all of the amounts referenced in this Section 29(b) have been paid to Lessor; provided, however, this provision is not intended to grant Lessee a right to delay its payment obligations respecting any purchase of the Properties by Lessee.
Lessee’s Purchase. OF THE AIRCRAFT WILL BE “AS-IS,” “WHERE IS,” AND “WITH ALL FAULTS.” FOLLOWING TRANSFER OF TITLE TO LESSEE, ▇▇▇▇▇▇ WILL NOT THEREAFTER BE LIABLE FOR ANY GENERAL, CONSEQUENTIAL OR INCIDENTAL DAMAGES, INCLUDING, WITHOUT LIMITATION, ANY DAMAGES FOR LOSS OF USE, LOSS OF PROFITS OR DIMINUTION OF MARKET VALUE, OR ANY DAMAGES CLAIMED BY LESSEE OR ANY OTHER PERSON OR ENTITY UPON THE THEORIES OF NEGLIGENCE OR STRICT LIABILITY IN TORT. 12.4 Lessee agrees to pay, in addition to the applicable Early Purchase Amount, any Taxes (including sales tax and value added tax), excises (including luxury tax), tariffs, duties, fees or similar charges which may be levied or assessed upon or with respect to the Aircraft or any item thereof or the sale, transfer and delivery of title to the Aircraft by Lessor to Lessee pursuant to this Section 12 (except for Lessor Taxes). Lessee will indemnify and hold Lessor harmless from the payment of any such Taxes, fees or similar charges that may be applicable to the Aircraft or Lessee’s purchase thereof. 13. RESERVED 14. MISCELLANEOUS