Upon Lease Termination. Lessee will have the option to purchase the Equipment, renew the term of the Lease, or return the Equipment to Lessor, as set forth below. Lessee shall specify its election of a Lease Termination Option in the Notice of Election.
Appears in 4 contracts
Samples: Master Equipment Lease Agreement (Rigel Pharmaceuticals Inc), Master Equipment Lease Agreement (Symphonix Devices Inc), Master Equipment Lease Agreement Agreement (Power Integrations Inc)
Upon Lease Termination. Lessee will have the option to purchase the Equipment, Equipment or renew the term of the Lease, or return the Equipment to Lessor, Lease as set forth below. Lessee shall specify its election of a Lease Termination Option in the Notice of Election.
Appears in 2 contracts
Samples: Master Equipment Lease Agreement (3dfx Interactive Inc), Master Equipment Lease Agreement (3dfx Interactive Inc)
