Common use of Rent to Own Clause in Contracts

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. 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 in the Hardware shall pass to Client at the Space. Unless the Service Order is extended by mutual Agreementagreement, Client shall immediately delete, or shall allow Frontier GlobalCenter to delete delete, all copies of the Software and Software, associated documentation owned by Frontier GlobalCenterdocumentation, or any other materials of Frontier GlobalCenter resident on the Hardware.