Common use of RENTAL PURCHASE OPTION Clause in Contracts

RENTAL PURCHASE OPTION. Subject to the terms and conditions provided herein, as set forth in the Rental Agreement, WSECO may extend to Customer an option to purchase the equipment (the “Option”). If an Option is extended to the Customer, the Customer may exercise the Option to purchase the Equipment at any time prior to the expiration of the rental return date set forth on the Rental Agreement, subject to the following terms and conditions: a. A WSECO Sales Agreement must be fully executed by Xxxxxxxx and WSECO, evidencing the exercise of the Option; and b. Customer must be in good standing under the terms of this Rental Agreement and any and all other outstanding agreements between Customer and WSECO; and c. The Option does not extend beyond the period of this Rental and must be exercised, an d payment received before the Rental Agreement is terminated; and d. After the Option is exercised, WSECO's Sales Agreement will govern the terms and conditions of Customer’s purchase of the Equipment; and e. Upon payment of the Purchase Price, as indicated herein, WSECO shall transfer the Equipment to Customer “AS-IS, WHERE-IS” and "WITH ALL FAULTS," regardless of defects, latent or otherwise. WSECO makes no warranties, express or implied, for any Equipment, or other items sold or furnished under this Rental Agreement, unless agreed to in a separate writing between Customer and WSECO. Upon exercise of the Option, Customer shall pay the Purchase Price set forth on the Rental Agreement less any rental payments made pursuant to this Rental Agreement, plus a conversion charge of prime plus six percent (6%), plus all repairs and service performed by WSECO during the term of the Rental Agreement.

RENTAL PURCHASE OPTION. Subject to the terms and conditions provided herein, as set forth in the Rental Agreement, WSECO may extend to Customer an option to purchase the equipment (the “Option”). If an Option is extended to the Customer, the Customer may exercise the Option to purchase the Equipment at any time prior to the expiration of the rental return date set forth on the Rental Agreement, subject to the following terms and conditions: a. A WSECO Sales Agreement must be fully executed by Xxxxxxxx and WSECO, evidencing the exercise of the Option; and b. Customer must be in good standing under the terms of this Rental Agreement and any and all other outstanding agreements between Customer and WSECO; and c. The Option does not extend beyond the period of this Rental and must be exercised, an d payment received before the Rental Agreement is terminated; terminated; and d. After the Option is exercised, WSECO's Sales Agreement will govern the terms and conditions of Customer’s purchase of the Equipment; Equipment; and e. Upon payment of the Purchase Price, as indicated herein, WSECO shall transfer the Equipment to Customer “AS-IS, WHERE-IS” and "WITH ALL FAULTS," regardless of defects, latent or otherwise. WSECO makes no warranties, express or implied, for any Equipment, or other items sold or furnished under this Rental Agreement, unless agreed to in a separate writing between Customer and WSECO. Upon exercise of the Option, Customer shall pay the Purchase Price set forth on the Rental Agreement less any rental payments made pursuant to this Rental Agreement, plus a conversion charge of prime plus six percent (6%), plus all repairs and service performed by WSECO during the term of the Rental Agreement.

RENTAL PURCHASE OPTION. Subject to the terms and conditions provided herein, as set forth in the Rental Agreement, WSECO may extend to Customer an option to purchase the equipment (the “Option”). If an Option is extended to the Customer, the Customer may exercise the Option to purchase the Equipment at any time prior to the expiration of the rental return date set forth on the Rental Agreement, subject to the following terms and conditions:the a. A WSECO Sales Agreement must be fully executed by Xxxxxxxx and WSECO, evidencing the exercise of the Option; Option; and b. Customer must be in good standing under the terms of this Rental Agreement and any and all other outstanding agreements between Customer and WSECO; WSECO; and c. The Option does not extend beyond the period of this Rental and must be exercised, an d payment received before the Rental Agreement is terminated; and d. After the Option is exercised, WSECO's Sales Agreement will govern the terms and conditions of Customer’s purchase of the Equipment; and e. Upon payment of the Purchase Price, as indicated herein, WSECO shall transfer the Equipment to Customer “AS-IS, WHERE-IS” and "WITH ALL FAULTS," regardless of defects, latent or otherwise. WSECO makes no warranties, express or implied, for any Equipment, or other items sold or furnished under this Rental Agreement, unless agreed to in a separate writing between Customer and WSECO. Upon exercise of the Option, Customer shall pay the Purchase Price set forth on the Rental Agreement less any rental payments made pursuant to this Rental Agreement, plus a conversion charge of prime plus six percent (6%), plus all repairs and service performed by WSECO during the term of the Rental Agreement.

RENTAL PURCHASE OPTION. Subject to the terms and conditions provided herein, as set forth in the Rental Agreement, WSECO may extend to Customer an option to purchase the equipment (the “Option”). If an Option is extended to the Customer, the Customer may exercise the Option to purchase the Equipment at any time prior to the expiration of the rental return date set forth on the Rental Agreement, subject to the following terms and conditions: a. : A WSECO Sales Agreement must be fully executed by Xxxxxxxx and WSECO, evidencing the exercise of the Option; and b. and Customer must be in good standing under the terms of this Rental Agreement and any and all other outstanding agreements between Customer and WSECO; and c. and The Option does not extend beyond the period of this Rental and must be exercised, an d and payment received before the Rental Agreement is terminated; and d. and After the Option is exercised, WSECO's Sales Agreement will govern the terms and conditions of Customer’s purchase of the Equipment; and e. and Upon payment of the Purchase Price, as indicated herein, WSECO shall transfer the Equipment to Customer “AS-IS, WHERE-IS” and "WITH ALL FAULTS," regardless of defects, latent or otherwise. WSECO makes no warranties, express or implied, for any Equipment, or other items sold or furnished under this Rental Agreement, unless agreed to in a separate writing between Customer and WSECO. Upon exercise of the Option, Customer shall pay the Purchase Price set forth on the Rental Agreement less any rental payments made pursuant to this Rental Agreement, plus a conversion charge of prime plus six percent (6%), plus all repairs and service performed by WSECO during the term of the Rental Agreement.