Extension; Purchase. In lieu of Lessee’s obligation to return the Units to Lessor upon expiration of the Base Term, Lessee may, if no Event of Default exists, and upon Lessee having provided to Lessor notice not less than 120 days prior to such expiration, irrevocably elect to:
Appears in 7 contracts
Samples: Spansion Inc., Spansion Inc., Spansion Inc.
Extension; Purchase. In lieu of Lessee’s 's obligation to return the Units to Lessor upon expiration expiry of the Base Term, Lessee may, if no Event of Default exists, and upon Lessee having provided to Lessor notice not less than 120 180 days prior to such expirationexpiry, irrevocably elect to:
Appears in 3 contracts
Samples: Lease Agreement (Tor Minerals International Inc), Tor Minerals International Inc, Tor Minerals International Inc
Extension; Purchase. In lieu of Lessee’s 's obligation to return the Units to Lessor upon expiration expiry of the Base Term, Lessee may, if no Event of Default existsexists and is continuing, and upon Lessee having provided to Lessor notice not less than 120 180 days prior to such expirationexpiry, irrevocably elect to:
Appears in 1 contract
Samples: Tor Minerals International Inc
Extension; Purchase. In lieu of Lessee’s obligation to return the Units to Lessor upon expiration expiry of the Base Term or any Renewal Term (except that Lessee may not renew the Lease beyond the second Renewal Term), Lessee may, if no Event of Default exists, and upon Lessee having provided to Lessor notice not less than 120 180 days prior to such expirationexpiry, irrevocably elect to:
Appears in 1 contract
Samples: Lease Agreement (Hub Group Inc)
Extension; Purchase. In lieu of Lessee’s 's obligation to return the Units to Lessor upon expiration of the Base Term, Lessee may, if no Event of Default exists, and upon Lessee having provided to Lessor notice not less than 120 90 days prior to such expirationexpiry, irrevocably elect toto :
Appears in 1 contract
Extension; Purchase. In lieu of Lessee’s 's obligation to return the Units to Lessor upon expiration of the Base Term, Lessee may, if no Event of Default exists, and upon Lessee having provided to Lessor notice not less than 120 90 days prior to such expiration, irrevocably elect to:
Appears in 1 contract