Common use of Straight Lease Clause in Contracts

Straight Lease. 3.1 A Purchasing Entity shall have the option to enter into an Initial Lease Term of 24, 36, 48, or 60 months for Group A, Group B, Group C, Sub-Group C1, Group D, Sub-Group D1, Group E, and Group F, based upon the Contractor’s available options, and at the discretion of the Participating State or Entity. In addition, a Participating State or Entity may elect to include 72, 84, 96, 108 and 120-month terms for Group C and Sub-Groups C1 and C2 only.

Appears in 2 contracts

Samples: Master Agreement, Master Agreement

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Straight Lease. 3.1 A Purchasing Entity shall have the option to enter into an Initial Lease Term of 12, 18, 24, 36, 48, or 60 months for Group A, Group B, Group C, Sub-Group C1, Group D, Sub-Group D1, and Group E, and Group F, based upon the Contractor’s available options, and at the discretion of the Participating State or Entity. In addition, a Participating State or Entity may elect to include 72, 84, 96, 108 and 120-month terms for Group C and Sub-Groups C1 and C2 only.

Appears in 2 contracts

Samples: Master Lease Agreement, Naspo Valuepoint Master Agreement

Straight Lease. 3.1 A Purchasing Entity shall have the option to enter into an Initial Lease Term of 24, 36, 48, or 60 months for Group A, Group B, Group C, Sub-Group C1, Group D, Sub-Group D1, Group E, and Group F, based upon the Contractor’s available options, and at the discretion of the Participating State or Entity. In addition, a Participating State or Entity may elect to include 72, 84, 96, 108 72 and 120-84 month terms for Group C and Sub-Groups C1 and C2 only, if provided by the Contractor.

Appears in 1 contract

Samples: Naspo Valuepoint Master Agreement

Straight Lease. 3.1 A Purchasing Entity shall have the option to enter into an Initial Lease Term of 24, 36, 48, or 60 months for Group A, Group B, Group C, Sub-Group C1, Group D, and Sub-Group D1, Group E, and Group F, based upon the Contractor’s available options, and at the discretion of the Participating State or Entity. In addition, a Participating State or Entity may elect to include 72, 84, 96, 108 and 120-month terms for Group C and Sub-Groups C1 and C2 only.

Appears in 1 contract

Samples: Lexmark Software License Agreement

Straight Lease. 3.1 A Purchasing Entity shall have the option to enter into an Initial Lease Term of 12,18, 24, 36, 48, or 60 months for Group A, Group B, Group C, Sub-Group C1, Sub-Group C2, Group D, Sub-Group D1, Group E, and Group F, based upon the Contractor’s available options, and at the discretion of the Participating State or Entity. In addition, a Participating State or Entity may elect to include 72, 84, 96, 108 and 120-month terms for Group C and Sub-Groups C1 and C2 only.

Appears in 1 contract

Samples: Naspo Valuepoint Master Agreement

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Straight Lease. 3.1 A Purchasing Entity shall have the option to enter into an Initial Lease Term of 12, 18, 24, 36, 48, or 60 months for Group A, Group B, Group C, Sub-Group C1, Group D, Sub-Group D1, Group E, and Group F, based upon the Contractor’s available options, and at the discretion of the Participating State or Entity. In addition, a Participating State or Entity may elect to include 72, 84, 96, 108 and 120-month terms for Group C and Sub-Groups C1 and C2 only.

Appears in 1 contract

Samples: Naspo Valuepoint Master Agreement

Straight Lease. 3.1 A Purchasing Entity shall have the option to enter into an Initial Lease Term of 24, 36, 48, or 60 months for Group A, Group B, Group C, Sub-Group C1, Group D, Sub-Group D1, Group E, E and Group F, based upon the Contractor’s available options, and at the discretion of the Participating State or Entity. In addition, a Participating State or Entity may elect to include 72, 84, 96, 108 and 120-month terms for Group C and Sub-Groups C1 and C2 only.

Appears in 1 contract

Samples: Master Lease Agreement

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