Common use of CONVERTING TO AGREEMENT Clause in Contracts

CONVERTING TO AGREEMENT. When the Tenant exercises the option to purchase the Premises, the Parties agree to: (check one) ☐ - Execute a New Agreement. The Landlord and Xxxxxx agree to execute a purchase agreement that matches the terms and conditions of this Addendum within ten (10) days of the Tenant exercising their right to purchase the Premises. Any refusal to sign a purchase agreement by the Landlord shall result in a breach of specific performance. ☐

Appears in 38 contracts

Samples: Alaska Rent, Kansas Rent, esign.com

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CONVERTING TO AGREEMENT. When the Tenant exercises the option to purchase the Premises, the Parties agree to: (check one) ☐ - Execute a New Agreement. The Landlord and Xxxxxx agree to execute a purchase agreement that matches the terms and conditions of this Addendum within ten (10) days of the Tenant exercising their right to purchase the Premises. Any refusal to sign a purchase agreement by the Landlord shall result in a breach of specific performance. ☐.

Appears in 23 contracts

Samples: Lease Option) Agreement, Lease Option) Agreement, Lease Option) Agreement

CONVERTING TO AGREEMENT. When the Tenant exercises the option to purchase the Premises, the Parties agree to: (check one) ☐ - Execute a New Agreement. The Landlord and Xxxxxx Tenant agree to execute a purchase agreement that matches the terms and conditions of this Addendum within ten (10) days of the Tenant exercising their right to purchase the Premises. Any refusal to sign a purchase agreement by the Landlord shall result in a breach of specific performance. ☐

Appears in 5 contracts

Samples: esign.com, esign.com, esign.com

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CONVERTING TO AGREEMENT. When the Tenant exercises the option to purchase the Premises, the Parties agree to: (check one) ☐ - Execute a New Agreement. The Landlord and Xxxxxx Tenant agree to execute a purchase agreement that matches the terms and conditions of this Addendum within ten (10) 10 days of the Tenant exercising their right to purchase the Premises. Any refusal to sign a purchase agreement by the Landlord shall result in a breach of specific performance. ☐.

Appears in 4 contracts

Samples: Own Agreement, Own Agreement, Own Lease Agreement

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