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First Amendment Rider

Book Publication Date: Feb 2018
Description: Example of a lease offering only a purchase option and renewal option exercisable at the initial lease expiration (with no right to return), with standard options available at the expiration of the renewal term (including the right to return)
Type: Contract Clauses
PLI Item #: 40691
Practice Area: Banking and finance, Equipment financing, Financing

Keywords: middle-market leasing and syndication; middle-market lease; equipment lease; lease documents; lease renewal; fair market rental value; option to purchase; early return option; "first amendment rider"

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