Common use of District’s Purchase Option Clause in Contracts

District’s Purchase Option. 5.1. If the District is not then in uncured Default hereunder, the District shall have the option to purchase not less than all of the Project in its “as-is, where-is” condition and terminate this Master Facilities Lease and Site Lease by paying the total remaining unpaid Lease Payments as of the date the option is exercised (“Option Price”).

District’s Purchase Option. 5.1. If the District is not then in uncured Default hereunder, the District shall have the option to purchase not less than all of the Project in its “as-is, where-is” condition and terminate this Master Facilities Lease and Site Lease by paying the total remaining unpaid Lease Payments as of the date the option is exercised (“Option Price”).

District’s Purchase Option. 5.16.1. If the District is not then in uncured Default hereunder, the District shall have the option to purchase not less than all of the Project in its “as-is, where-is” condition and terminate this Master Facilities Lease and Site Lease by paying the total remaining unpaid of any Lease Payments due for the remainder of the Term as of the date the option is exercised (“Option Price”).

District’s Purchase Option. 5.1. 5.1 If the District is not then in uncured Default hereunder, the District shall have the option to purchase not less than all of the Project in its “as-is, where-is” condition and terminate this Master Facilities Lease and Site Lease by paying the total remaining unpaid of any Lease Payments due for the remainder of the Term as of the date the option is exercised (“Option Price”).