Purchase Option Fee. If an Authorized User exercises its right to purchase the Lease Vehicle at the end of the Lease Term, a purchase option fee may be charged to the Authorized User, in addition to the purchase price of the Lease Vehicle, in accordance with the Lease Provider’s usual course of business.
Appears in 5 contracts
Samples: Agreement for Vehicles, Class 1 8 (Statewide), Centralized Contract for the Acquisition of Light Duty Vehicles, Centralized Contract for the Acquisition of Light Duty Vehicles
