TERM; RENT; NONAPPROPRIATION; PURCHASE OPTION Sample Clauses

TERM; RENT; NONAPPROPRIATION; PURCHASE OPTION. SECTION 4.1 Initial Term; Renewal Term ..................................................... 10 SECTION 4.2 Rental Payments to be Unconditional ....................................... 10 SECTION 4.3 Continuation of Lease Term by Lessee .................................... 10 SECTION 4.4 Nonappropriation ...................................................................... 10 SECTION 4.5 Termination of Lease Term ...................................................... 11 SECTION 4.6 Rent ........................................................................................... 11 SECTION 4.7 Purchase Option ........................................................................ 12 ARTICLEV CERTAIN COVENANTS OF LESSEE SECTION 5.1 SECTION 5.2 SECTION 5.3 SECTION 5.4 SECTION 5.5 SECTION 6.1 SECTION 6.2 SECTION 7.1 SECTION 7.2 SECTION 7.3 SECTION 7.4 SECTION 7.5 SECTION 7.6 SECTION 7.7 SECTION 7.8 Use of the Equipment ............................................................... 13 Maintenance of Equipment by Lessee ...................................... 13 Insurance ................................................................................... 13

Related to TERM; RENT; NONAPPROPRIATION; PURCHASE OPTION

  • Termination for Non-Appropriation The continuation of this Contract beyond the current fiscal year is subject to and contingent upon sufficient funds being appropriated, budgeted, and otherwise made available by the City. The City may terminate this Contract, and Contractor waives any and all claim(s) for damages, effective immediately upon receipt of written notice (or any date specified therein) if for any reason the City’s funding from State and/or federal sources is not appropriated or is withdrawn, limited, or impaired.

  • Purchase Option (Check One) ❏ - The Company shall allow the Recipient to void this agreement at any time and release all liability in connection with this agreement by payment to the Company in the amount of US Dollars ($ ). ❏ - The Company does not allow the Recipient to be released of liability from this agreement for any monetary amount or reason whatsoever.

  • Complete Disposal Upon Termination of Service Agreement Upon Termination of the Service Agreement Provider shall dispose or delete all Student Data obtained under the Service Agreement. Prior to disposition of the data, Provider shall notify LEA in writing of its option to transfer data to a separate account, pursuant to Article II, section 3, above. In no event shall Provider dispose of data pursuant to this provision unless and until Provider has received affirmative written confirmation from LEA that data will not be transferred to a separate account.

  • Call Option The Company shall have the option to "call" the Warrants (the "Warrant Call"), in accordance with and governed by the following:

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