Optional Purchases. In addition to the right to substitute for any Collateral Obligations that become subject to a Substitution Event, ORCC shall have the right, but not the obligation, to purchase from the Issuer any Collateral Obligation subject to the Purchase and Substitution Limit at a cash purchase price at least equal to the Fair Market Value of such Collateral Obligation (or applicable portion thereof) as of the date of such purchase, which the Trustee shall deposit into the Collection Account upon receipt.
Optional Purchases. In addition to the right to substitute for any Collateral Obligations that become subject to a Substitution Event, ORCC shall have the right, but not the obligation, to purchase from the Issuer any Collateral Obligation subject to the Purchase and Substitution Limit at a cash purchase price at least equal to the Fair Market Value of such Collateral Obligation (or applicable portion thereof) as of the date of such purchase, which the Trustee shall deposit into the Collection Account upon receipt. All substitutions and repurchases described above will be at the election of ORCC acting in its sole discretion.
Optional Purchases. If the Grantee desires to purchase additional items beyond those authorized in this Grant Agreement, it may do so at its sole expense, outside of this Grant Agreement. No State or HAVA funds will be available for such purchases. Prices established via the Master Contract are extended to counties and local jurisdictions by the Contractors for these purposes.
Optional Purchases. In addition to the right to substitute for any Collateral Obligations that become subject to a Substitution Event, ORBDCC shall have the right, but not the obligation, to purchase from the Issuer any Collateral Obligation subject to the Purchase and Substitution Limit at a cash purchase price at least equal to the Fair Market Value of such Collateral Obligation (or applicable portion thereof) as of the date of such purchase, which the Trustee shall deposit into the Collection Account upon receipt.
Optional Purchases. In addition to the right to substitute for any Collateral Obligations that become subject to a Substitution Event, BOCIC shall have the right, but not the obligation, to purchase from the Issuer any Collateral Obligation subject to the Purchase and Substitution Limit at a cash purchase price at least equal to the Fair Market Value of such Collateral Obligation (or applicable portion thereof) as of the date of such purchase, which the Trustee shall deposit into the Collection Account upon receipt. All substitutions and repurchases described above will be at the election of XXXXX, subject to the consent of the Issuer.
Optional Purchases. In addition to the right to substitute for any Collateral Obligations that become subject to a Substitution Event, OTF shall have the right, but not the obligation, toand the Issuer may agree, from time to time, that OTF shall purchase from the Issuer any Collateral Obligation. All such purchases shall be subject to the Purchase and Substitution Limit at a cash purchase price at least equal to the Fair Market Value of such Collateral Obligation (or applicable portion thereof) as of the date of such purchase, which the Trustee shall deposit into the Collection Account upon receipt. Nothing in this Section 12.3(b) shall create any obligation of OTF to purchase any Collateral Obligation from the Issuer or any obligation of the Issuer to sell any Collateral Obligation to OTF.
Optional Purchases. In addition to the right to substitute for any Collateral Obligations that become subject to a Substitution Event, OBDC II shall have the right, but not the obligation, to purchase from the Issuer any Collateral Obligation subject to the Purchase and Substitution Limit at a cash purchase price at least equal to the Fair Market Value of such Collateral Obligation (or applicable portion thereof) as of the date of such purchase, which the Trustee shall deposit into the Collection Account upon receipt. All substitutions and repurchases described above will be at the election of OBDC II, subject to the consent of the Issuer.
Optional Purchases. In addition to the right to substitute for any Collateral Obligations that become subject to a Substitution Event, the Seller shall have the right, but not the obligation, to purchase from the Issuer any Collateral Obligation subject to the Purchase and Substitution Limit at a cash purchase price at least equal to the Fair Market Value of such Collateral Obligation (or applicable portion thereof) as of the date of such purchase, which the Trustee shall deposit into the Collection Account upon receipt. All substitutions and repurchases described above will be at the election of the Seller acting in its sole discretion.
Optional Purchases. This portion is confidential; therefore, it has been omitted and filed separately with the Commission. ------------------------------------------------------------------ ------------------------------------------------------------------ This portion is confidential; therefore, it has been omitted and filed separately with the Commission. ------------------------------------------------------------------
Optional Purchases. The Contractor agrees that any governmental law enforcement entity within LoJack's coverage area in the State of Maryland, shall have the option of purchasing LoJack's Police Tracking Computers at a price not to exceed $1,750.00 including installation, throughout the term of this Agreement.
