Options At the End of the Term Sample Clauses

Options At the End of the Term. At the end of the Term, you have three options: (1) Upon your request, Installer will remove the PV System at no cost to you; (2) You may leave the PV System in place as-is; or (3) You have the option to purchase the PV System. If you elect to leave the PV system in place (option 2 above), you will continue to receive the free solar energy generated by the PV System, and Installer will continue to own the PV System. Your obligations under this Agreement will continue, and Installer will continue to provide O&M Services, until either party notifies the other of its intent to terminate this Agreement. If you select to purchase the PV System (option 3 above), you must notify Installer of your intent to purchase. Installer will invoice you for the fair market value of the PV System at the time of purchase (reflecting system age and any depreciation in value since installation) and you must deliver payment to Installer within thirty
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Options At the End of the Term. At the end of the Term, you have three options: (1) Upon your request, Installer will remove the PV System at no cost to you; (2) You may leave the PV System in place as-is; or (3) You have the option to purchase the PV System. If you elect to leave the PV system in place (option 2 above), you will continue to receive the free solar energy generated by the PV System, and Installer will continue to own the PV System. Your obligations under this Agreement will continue, and Installer will continue to provide O&M Services, until either party notifies the other of its intent to terminate this Agreement. If you select to purchase the PV System (option 3 above), you must notify Installer of your intent to purchase. Installer will invoice you for the fair market value of the PV System at the time of purchase (reflecting system age and any depreciation in value since installation) and you must deliver payment to Installer within thirty (30) days of receiving such invoice. Fair market value will be mutually agreed upon by the parties; provided, that if the parties are unable to reach an agreement as to the fair market value of the PV System, then the fair market value will be determined by a professional appraiser with experience in appraisal of assets similar to the PV System. The parties will divide equally the cost of any such appraisal. Once you elect to purchase the PV System, Installer will no longer provide you with any O&M services unless you enter into a separate agreement with Installer for Installer to perform these services at your expense. If applicable, Installer will assign to you any equipment warranties still in effect for the PV System at the time of purchase.
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Options At the End of the Term 
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Related to Options At the End of the Term

  • AT THE END OF THE TENANCY 2.9 The Landlord/Xxxxxxxx’s Agent must tell the Tenant as soon as possible if there are any proposed deductions from the Deposit.

  • Construction Preparation Period 2.1.3 Construction Management Plan

  • Partial Disposal During Term of Service Agreement Throughout the Term of the Service Agreement, LEA may request partial disposal of Student Data obtained under the Service Agreement that is no longer needed. Partial disposal of data shall be subject to LEA’s request to transfer data to a separate account, pursuant to Article II, section 3, above.

  • Payment to the Engineer for the services established under this Work Authorization shall be made in accordance with Articles 3 thru 5 of the contract, and Attachment A, Article 1.

  • NOT TO BE USED AS A PRECEDENT This Agreement shall not be used in any manner whatsoever to obtain similar arrangements or benefits in any other State, Territory, Division, Plant or Enterprise.

  • Following the Previous Example If TIPS offers a one-year extension, the expiration of the extended term shall be May 31, 2024. TIPS may offer to extend Vendor Agreements to the fullest extent the original Solicitation permits.

  • DOCUMENTS AND SAMPLES AT THE SITE 4.11.1 The Contractor shall maintain at the site for the State one record copy of all Drawings, Specifications, Addenda, Change Orders and other modifications, in good order and marked currently to record all changes made during construction, and approved Shop Drawings, Product Data and Samples. These shall be available to the Architect and the State for monthly review prior to approval of Contractor’s monthly application for payment. Prior to substantial completion of the Work, the Contractor shall ensure that one record copy of all Drawings, Specifications, Addenda, Change Orders and other Modifications, in good order and marked currently to record all changes made during construction, and approved Shop Drawings, Product Data and Samples are delivered to the Architect for the State and a duplicate copy shall be delivered to the State for the State’s use.

  • DOCUMENTS AT THE SITE (a) Project Co shall keep one copy of the current digital files of the Contract Documents, Construction Schedule, submittals, reports, Supplementary Instructions, Change Orders, Contemplated Change Notices, Change Directives, Design Issue resolution documents, partnering documents, records of meetings and all other documents necessary for the administration of the Project at the Site, all in good order and available to Owner, Xxxxxx’s Consultant and the Consultant. Project Co shall keep a daily log available to Owner, Xxxxxx’s Consultant and the Consultant at all times.

  • Documents Comprising the Tender 10.1 The Tender shall comprise the following:

  • Construction Period During the construction period, Redeveloper agrees to keep the construction area, including completed operations insured against loss or damage by fire, and such other risks, casualties, and hazards as are customarily covered by builders’ risk or extended coverage policies in an amount not less than the replacement value but allowing for reasonable coinsurance clauses and deductibles. In the event of any insured damage or destruction, Redeveloper agrees to use its good faith efforts to commence restoration of the Private Improvements to its prior condition within nine (9) months from the date of the damage or destruction, and shall diligently pursue the same to completion.

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