TUO


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TUO

(Technology Upgrade Option) A clause in a computer lease that allows the lessee to upgrade the equipment before the lease term is over. It often states that the same or higher rate of interest applies.
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In a typical TUO application, non-contact sensors are mounted on an aluminum c-frame arm.
The stand-alone configuration can process tires from multiple TUO machines and allow for greater flexibility in test inflation pressure.
Additionally, customers who installed IBM 9672 models through the Total Solution Lease offered in September 1994, may exercise the TUO to upgrade to IBM's newly announced Parallel Enterprise Server processor systems, based on the terms of their contracts.