Bargain Purchase Contract definition
Bargain Purchase Contract means a drilling contract, charter (bareboat or otherwise) or lease that provides for acquisition of Property by the other party to such agreement during or at the end of the term thereof for less than Fair Market Value thereof at the time such right to acquire such Property is granted.
Bargain Purchase Contract means a drilling contract, charter or lease that provides for acquisition of Property by the other party to such agreement during or at the end of the term thereof for less than Fair Market Value thereof at the time such right to acquire such Property is granted.
Bargain Purchase Contract means a lease that provides for acquisition of the Property subject thereto by the other party to such agreement during or at the end of the term thereof for less than the Fair Market Value thereof at the time such right to acquire such Property is granted.
More Definitions of Bargain Purchase Contract
Bargain Purchase Contract means a scaffolding rental contract or lease that provides for acquisition of Property by the other party to such agreement during or at the end of the term thereof for less than Fair Market Value thereof at the time such right to acquire such Property is granted.