Common use of Purchase or Return Clause in Contracts

Purchase or Return. Upon written notice delivered to Lessor at least 180 days but no more than 270 days prior to the First Renewal Term expiration date, and so long as Lessee is not then in default under this Lease or any other agreement between Lessor and Lessee, Lessee shall have the option to (A) purchase, for a cash price equal to the applicable Estimated Residual Value (as defined below and as set forth in Exhibit 1 to this Schedule) plus applicable taxes, all and not less than all of the Equipment leased under such Schedule, or (B) subject to the terms and conditions set out in paragraph (e) of this Section XX, return to Lessor all but not less than all of the Equipment. If Lessee elects to purchase the Equipment, then on the First Renewal Term expiration date, Lessee shall pay to Lessor the purchase price (plus applicable taxes) and all other sums due and unpaid on such date (including but not limited to the last scheduled payment of First Renewal Term Rent). If all of the terms and conditions of this paragraph are not fulfilled, this Lease shall continue in full force and effect as if the Extension Option had been elected, and Lessee shall continue to be liable for all obligations thereunder, including, without limitation, the obligation to continue paying rent.

Purchase or Return. Upon written notice delivered to Lessor at least 180 days but no more than 270 days prior to the First Renewal Basic Term expiration date, and so long as Lessee is not then in default under this Lease or any other agreement between Lessor and Lessee, Lessee shall have the option to (A) purchase, for a cash price equal to the applicable Estimated Residual Value (as defined below and as set forth in Exhibit 1 I to this Schedule) plus applicable taxes, all and not less than all of the Equipment leased under such Schedule, or (B) subject to the terms and conditions set out in paragraph (e) of this Section XX, return to Lessor all but not less than all of the Equipment. If Lessee elects to purchase the Equipment, then on the First Renewal Basic Term expiration date, Lessee shall pay to Lessor the purchase price (plus applicable taxes) and all other sums due and unpaid on such date (including but not limited to the last scheduled payment of First Renewal Basic Term Rent). If all of the terms and conditions of this paragraph are not fulfilled, this Lease shall continue in full force and effect as if the Extension Option had been elected, and Lessee shall continue to be liable for all obligations thereunder, including, without limitation, the obligation to continue paying rent.

Purchase or Return. Upon written notice delivered to Lessor at least 180 days but no more than 270 days prior to the First Second Renewal Term expiration date, and so long as Lessee is not then in default under this Lease or any other agreement between Lessor and Lessee, Lessee shall have the option to (A) purchase, for a cash price equal to the applicable Estimated Residual Value (as defined below and as set forth in Exhibit 1 to this Schedule) plus applicable taxes, all and not less than all of the Equipment leased under such Schedule, or (B) subject to the terms and conditions set out in paragraph (e) of this Section XX, return to Lessor all but not less than all of the Equipment. If Lessee elects to purchase the Equipment, then on the First Second Renewal Term expiration date, Lessee shall pay to Lessor the purchase price (plus applicable taxes) and all other sums due and unpaid on such date (including but not limited to the last scheduled payment of First Second Renewal Term Rent). If all of the terms and conditions of this paragraph are not fulfilled, this Lease shall continue in full force and effect as if the Extension Option had been elected, and Lessee shall continue to be liable for all obligations thereunder, including, without limitation, the obligation to continue paying rent.

Purchase or Return. Upon written notice delivered to Lessor at least 180 days but no more than 270 days prior to the First Renewal Term expiration date, and so long as Lessee is not then in default under this Lease or any other agreement between Lessor and Lessee, Lessee shall have the option to (A) purchase, for a cash price equal to the applicable Estimated Residual Value (as defined below and as set forth in Exhibit 1 to this Schedule) plus applicable taxes, all and not less than all of the Equipment leased under such Schedule, or (B) subject to the terms and conditions set out in paragraph (e) of this Section XX, return to Lessor all but not less than all of the Equipment. If Lessee elects to purchase the Equipment, then on the First Renewal Term expiration date, Lessee shall pay to Lessor the purchase price (plus applicable taxes) and all other sums due and unpaid on such date (including but not limited to the last scheduled payment of First Renewal Term Rent). If all of the terms and conditions of this paragraph are not fulfilled, this Lease shall continue in full force and effect as if the Extension Option had been elected, and Lessee shall continue to be liable for all obligations thereunder, including, without limitation, the obligation to continue paying rent.

Purchase or Return. Upon written notice delivered to Lessor at least 180 days but no more than 270 days prior to the First Second Renewal Term expiration date, and so long as Lessee is not then in default under this Lease or any other agreement between Lessor and Lessee, Lessee shall have the option to (A) purchase, for a cash price equal to the applicable Estimated Residual Value (as defined below and as set forth in Exhibit 1 to this Schedule) plus applicable taxes, all and not less than all of the Equipment leased under such Schedule, or (B) subject to the terms and conditions set out in paragraph (e) of this Section XX, return to Lessor all but not less than all of the Equipment. If Lessee elects to purchase the Equipment, then on the First Second Renewal Term expiration date, Lessee shall pay to Lessor the purchase price (plus applicable taxes) and all other sums due and unpaid on such date (including but not limited to the last scheduled payment of First Second Renewal Term Rent). If all of the terms and conditions of this paragraph are not fulfilled, this Lease shall continue in full force and effect as if the Extension Option had been elected, and Lessee shall continue to be liable for all obligations thereunder, including, without limitation, the obligation to continue paying rent.

Purchase or Return. Upon written notice delivered to Lessor at least 180 days but no more than 270 days prior to the First Renewal Basic Term expiration date, and so long as Lessee is not then in default under this Lease or any other agreement between Lessor and Lessee, Lessee shall have the option to (A) purchase, for a cash price equal to the applicable Estimated Residual Value (as defined below and as set forth in Exhibit 1 to this Schedule) plus applicable taxes, all and not less than all of the Equipment leased under such Schedule, or (B) subject to the terms and conditions set out in paragraph (e) of this Section XX, return to Lessor all but not less than all of the Equipment. If Lessee elects to purchase the Equipment, then on the First Renewal Basic Term expiration date, Lessee shall pay to Lessor the purchase price (plus applicable taxes) and all other sums due and unpaid on such date (including but not limited to the last scheduled payment of First Renewal Basic Term Rent). If all of the terms and conditions of this paragraph are not fulfilled, this Lease shall continue in full force and effect as if the Extension Option had been elected, and Lessee shall continue to be liable for all obligations thereunder, including, without limitation, the obligation to continue paying rent.