RENT TO OWN. Contractor may offer a Rent to Own program. Contractor and Purchaser must mutually agree to the Terms and Conditions set forth through the Purchaser’s Rent to Own program. Pricing may be negotiated between Purchaser and Contractor and is not to exceed pricing set forth by Contractor in Exhibit B – Prices for Equipment Rental. Purchaser’s participation in Rent to Own is contingent upon the Purchaser reviewing, understanding, and accepting the guidelines and regulations of the Washington State Administrative and Accounting Manual (SAAM), State Administrative & Accounting Manual (SAAM) | Office of Financial Management (xx.xxx).
RENT TO OWN. If so indicated on the Service Order, Client shall lease the Hardware on a "rent to own" plan. In such event, all of the terms and conditions in Section 4.3 shall apply, and the following terms and conditions shall also apply. At the end of the term of the Service Order, providing Client is not in breach of this Agreement, Client shall have the option to purchase the Hardware. The purchase price shall be as indicated on the Service Order. Upon payment by Client of the purchase price, title in the Hardware shall pass to Client at the Space. Unless the Service Order is extended by mutual agreement, Client shall immediately delete, or shall allow GlobalCenter to delete, all copies of the Software, associated documentation, or any other materials of GlobalCenter resident on the Hardware.
RENT TO OWN. An agreement where the tenant pays a fee to get the option of purchasing the rental property at the end of the lease. Most rent-to-own agreements credit a portion of the monthly rent to equity in the property if the tenant exercises the purchase option. Residential Lease Agreement Basics. A residential lease lays out the basic ...
RENT TO OWN. If so indicated on the Service Order, Client shall lease the Hardware on a "rent to own" plan. In such event, all of the terms and conditions in Section 4.3 shall apply, and the following terms and conditions shall also apply. At the end of the term of the Service Order, providing Client is not in breach of this Agreement, Client shall have the option to purchase the Hardware. The purchase price shall be as indicated on the Service Order. Upon payment by Client of the purchase price, title of the Hardware shall pass to Client at the Space. Unless the Service Order is extended by mutual Agreement, Client shall immediately delete, or shall allow Frontier GlobalCenter to delete all copies of the Software and associated documentation owned by Frontier GlobalCenter, or any other materials of Frontier GlobalCenter resident on the Hardware.
RENT TO OWN. In consideration of the terms and covenants xxxxx contained, CS agrees to rent to the ‘rent to own customer’ and the ‘rent to own customer’ agrees to hire from CS storage containers identified by the serial numbers listed in the Appendix attached hereto or subsequently added (hereinafter called the “Containers.”)
RENT TO OWN any transaction in which Owner enters an agreement with Tenant that includes rights or provisions allowing Tenant an “option to purchase” or similar language which would convert a rental / lease agreement to a purchase scenario.
RENT TO OWN. An agreement where the tenant has the option of purchasing the dwelling unit. Typically, the lease includes both rent payments and additional payments for a down payment on the home. Lease Agreement Basics A lease outlines a plan of tenancy and defines the rights and responsibilities of both the landlord and tenant. What is the difference between a lease and a rental agreement? The biggest reason between a lease agreement and a rental agreement is the length of the contract. Rental Agreement – secures a tenancy for a short period of time, typically a month or a 30-day period. Month-to-month rental agreements typically renew each month unless the landlord or tenant provides a notice to terminate the tenancy. Landlords have the authority to revise the rental agreement and may choose to increase rent, change the terms of tenancy, or terminate the agreement on short notice. Lease Agreement – secures a tenancy for a longer period of time, generally a year. During that time, the landlord is unable to raise the rent or change the terms of the tenancy unless the lease agreement allows for modifications, or the tenant agrees to the changes in writing. Landlords in high vacancy areas often prefer leases due to the income stability and low turnover costs. Can a tenant rent without a lease agreement? Depending on the state, a written lease may be required to make disclosures or impose duties relating to tenancies. Oral lease agreements may satisfy some state or local laws but with no clear written agreement, a potential tenancy conflict may arise. It is important to note that without a written agreement, landlords run the risk of not being able to collect or use a security deposit for unpaid rent or property damage. Can you write your own lease agreement?
RENT TO OWN. By renting a TV, furniture or appliance from a rent-to-own company, you will often pay three or four times more than what it would cost to buy. The company may make even more profit on you because the item you are buying may be previously used and returned. And if you miss a payment, the company may repossess the item leaving with you no credit for the payments you made.
RENT TO OWN. 9.1 The Lessee acknowledges that the Lessor offers ‘Rent-to-Own’ packages (24 months/ 12 months only) to its customers, and such packages shall only be applicable to the Lessee if the Lessee shall have agreed to take on the relevant ‘Rent-to-Own’ package prior to the commencement of this Agreement.
9.2 Notwithstanding Clause 9.1, in the event the Lessee has not agreed to take on the ‘Rent- to-Own’ package (24 months or 12 months ‘Rent-to-Own’ package) prior to the commencement of this Agreement, the Lessee shall have the option to own the Equipment after the expiry of the Rental Period in respect of the normal contract package subscribed by the Lessee upon the Lessee’s full and complete settlement of the agreed total contract value to the Lessor, including the settlements of all outstanding quarterly rental(s) or monthly rental(s), as the case may be, which may be due and payable to the Lessor, and the Lessee agrees that its right to own the Equipment after the Rental Period shall at times be subject to the prior approval of the Lessor and the making of the following payments to the Lessor:
9.2.1 in the event the Lessee subscribes for the 24 months contract package or 36 months contract package, the Lessee shall have the right to own the Equipment after the end of the Rental Period by making payment of a sum equivalent to 20% its total original contract value to the Lessor; or
9.2.2 in the event the Lessee subscribes for the 12 months contract package, the Lessee shall have the right own the Equipment after the end of the Rental Period by making payment of a sum equivalent to 50% its total original contract value to the Lessor.
RENT TO OWN. If so indicated on the Service Order, Client shall lease the Hardware on a "rent to own" plan. In such event, all of FRONTIER 2 GLOBALCENTER