Repurchased Unit definition
Examples of Repurchased Unit in a sentence
Each Customer Repurchase Notice shall: (i) identify the applicable Transferred Contract, if any, the equipment subject to such Customer Repurchase Obligation (the “Repurchased Unit”) and the amount Purchaser reasonably expects to incur with respect to the Customer Repurchase Obligation; and (ii) state whether Purchaser intends to (A) retain such Repurchased Unit or (B) hold it for resale in accordance with Section 1.8(b) below.
If Purchaser elects to retain such Repurchased Unit, then none of Purchaser, Seller or the Principals shall have any further obligation under this Section 1.8 with respect to such Customer Repurchase Obligation or such Repurchased Unit.
If Purchaser elects to retain such Repurchased Unit, then none of Purchaser, Seller or the Principals shall have any further obligation under this Section 1.7 with respect to such Customer Repurchase Obligation or such Repurchased Unit.
Each Customer Repurchase Notice shall: (i) identify the applicable Transferred Contract, if any, the equipment subject to such Customer Repurchase Obligation (the “Repurchased Unit”) and the amount Purchaser reasonably expects to incur with respect to the Customer Repurchase Obligation; and (ii) state whether Purchaser intends to (A) retain such Repurchased Unit or (B) hold it for resale in accordance with Section 1.7(b) below.