Common use of No Option to Purchase Clause in Contracts

No Option to Purchase. The Customer does not have an option, right or obligation to purchase the Goods at the expiry of the Term. Eclipx may, but is not obligated to, on expiry or termination of a Lease, consider any offer from the Customer to purchase the Goods subject to that Lease. If Eclipx agrees to sell any Goods to the Customer, the Customer: (a) agrees that the Goods are purchased on an “as is, where is” basis and the Customer can make no claim against any member of the Eclipx Group in relation to any Goods; (b) agrees that it will be liable for any tax consequences which arise as a consequence of its purchase of any Goods; (c) agrees that the Eclipx Group may or may not take tax advice on the consequences of the purchase of any Goods by the Customer; and (d) indemnifies the Eclipx Group (on demand) for any tax liability imposed on any member of the Eclipx Group as a consequence of the Customer purchasing any Goods.