BLM71430 - ’Income-into-capital’ schemes and back loaded leases: 'Income-into-capital' schemes: Purchase options: when exercisable
In an income-into-capital scheme purchase options may be exercisable:
- at one or more dates during the term of the lease (to give Borrower a choice of repayment dates); or
- on the occurrence of specified events during the term of the lease.