Common use of Straight Lease Clause in Contracts

Straight Lease. i) A Purchasing Entity may have the option to enter into an Initial Lease Term of 24, 36, 48, or 60 months, based upon the Awarded Vendor’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 and 84 month terms for Group C only, if provided by the Awarded Vendor(s).

Appears in 2 contracts

Samples: bidcondocs.delaware.gov, bidcondocs.delaware.gov

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Straight Lease. i) 3.1 A Purchasing Entity may shall have the option to enter into an Initial Lease Term of 12, 18, 24, 36, 48, or 60 monthsmonths for Group A, Group B, Group D, Sub-Group D1, and Group E, based upon the Awarded VendorContractor’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 and 84 month terms for Group C only, if provided by the Awarded Vendor(s).

Appears in 1 contract

Samples: Naspo Valuepoint Master Agreement

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Straight Lease. i) 3.1 A Purchasing Entity may shall have the option to enter into an Initial Lease Term of 24, 36, 48, or 60 monthsmonths for Group A, Group B, Group D, Sub-Group D1, Group E and Group F, based upon the Awarded VendorContractor’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 and 84 month terms for Group C only, if provided by the Awarded Vendor(s).

Appears in 1 contract

Samples: Master Lease Agreement

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