Examples of End of Term Purchase Option in a sentence
You authorize Lessor to adjust the Payments and the End of Term Purchase Option amount (if specified on page 1) (“Purchase Option”) by up to 15% if the actual cost of the Listed Items and any related services and supplies, including any sales and use tax, exceed CSA’s estimates on which such amounts were based.
Customer authorizes CFS to adjust the Payment and End of Term Purchase Option (“Purchase Option”) herein by up to 15% if the actual total cost of the Equipment, including any sales or use tax, is more or less than originally estimated.
The amount of each Payment and the End of Term Purchase Option (“Purchase Option”) price specified above are based on the supplier's best estimate of the cost of the Equipment.
In the case of draught beers and ciders it is not always possible to tell if there is a fault upon delivery.
To exercise the End of Term Purchase Option, Tenant shall deliver to Landlord irrevocable written notice not less than one hundred twenty (120) days and not more than one hundred eighty (180) days prior to the Expiration Date.
Portions of the water discharged to Sand Creek or treated at the regional water reclamation facility are eventually confluent to the lower South Platte River, from which the City withdraws supplies as part of an indirect potable reuse project referred to as its Prairie Waters system.As one of the three case studies for this project, a DPR scenario was analyzed for the City where tertiary treated denitrified reclaimed water from the SCWRF would be treated to potable standards.
The amount of each Payment and the End of Term Purchase Option (“Purchase Option”) price specified above are based on the supplier's best estimate of the cost of the Equipment and any related services and supplies.
The amount of each Payment and the End of Term Purchase Option (“Purchase Option”) price specified on each Schedule are based on the supplier's best estimate of the cost of the Equipment and any related service and supplies.
In this Contract if the End of Term Purchase Option is FMV, the "FMV” or “Fair Market Value" of the Equipment means its fair market value at the end of the Rental Term, assuming good order and condition (except for ordinary wear and tear from normal use), as reasonably estimated by us.
Subject to the provisions set forth in this Section 3.3 and so long as no Event of Default shall have occurred and be continuing, Tenant shall have the option (the "End of Term Purchase Option") on the Expiration Date to purchase all, but not less than all, of the Premises and any Additional Equipment for a purchase price (the "Option Price") equal to the sum of (i) the amount paid by Landlord for the Premises under the Contract and (ii) the amount paid by Landlord for any Additional Equipment.