Common use of First Refusal to Purchase Clause in Contracts

First Refusal to Purchase. During the Term hereof, provided that Lessee is not in material default at such time, Lxxxxx shall have a first refusal option to purchase the Leased Property upon the same terms and conditions as Lessor, or its successors and assigns, shall propose to sell the Leased Property, or shall have received an offer from a third party to purchase the Leased Property, which offer Lessor intends to accept (or has accepted subject to Lxxxxx’s right of first refusal granted herein). If, during the Term, Lessor reaches such agreement with a third party or proposes to offer the Leased Property for sale, Lessor shall promptly provide Lessee with a copy of such offer. Lessee shall have 30 days after receipt of such notice from Lessor within which time to exercise Lessee’s option to purchase. If Lessee exercises its option, then such purchase shall be consummated within the time set forth in the third-party offer and in accordance with the provisions of Article XVII hereof to the extent not inconsistent herewith. If Lessee shall not exercise Lessee’s option to purchase within said 30-day period after receipt of said notice from Lessor, Lessor shall be free for a period of 90 days after the expiration of said 30-day period to sell the Leased Property to the third party at the price and terms set forth in such offer. Whether or not such sale is consummated, Lessee shall be entitled to exercise its right of first refusal as provided in this Article, as to any subsequent sale of the Leased Property during the Term of this Lease.

First Refusal to Purchase. (a) During the initial Term hereof, hereof (provided that Lessee is not in material default at such time), Lxxxxx and during any -------- extended Term (whether or not Lessee is in material default at such time), Lessee shall have a first refusal option to purchase the Leased Property upon the same terms and conditions as Lessor, or its successors and assigns, shall propose to sell the Leased Property, or shall have received an offer from a third party to purchase the Leased Property, which offer Lessor intends to accept (or has accepted subject to Lxxxxx’s Lessee's right of first refusal granted herein). If, during the Term, Lessor receives such an offer or reaches such agreement with a third party or proposes to offer the Leased Property for saleparty, Lessor shall promptly provide notify Lessee of the purchase price and all other material terms and conditions of such agreement together with a copy of such offer. , and Lessee shall have 30 60 days after receipt of such notice from Lessor within which time to exercise Lessee’s 's option to purchase. If Lessee exercises its option, then such purchase shall be consummated within the time set forth in the third-party offer and in accordance with the provisions of Article XVII hereof to the extent not inconsistent herewith. If Lessee shall does not exercise Lessee’s 's option to purchase within said 3060-day period after receipt of said notice from Lessor, Lessor shall be free for a period of 90 180 days after the expiration of said 3060-day period to sell the Leased Property to the third party at the price and terms set forth in such offer. Whether or not such sale is consummated, Lessee shall be entitled to exercise its right of first refusal as provided in this Articlesection, as to any subsequent sale of the Leased Property during the Term of this Lease.

First Refusal to Purchase. During the Term hereof, hereof (provided that no Event of Default has occurred and is continuing), Lessee is not in material default at such time, Lxxxxx shall have a first refusal option to purchase the Leased Property upon the same terms and conditions as Lessor, or its successors and assigns, shall propose to sell the Leased Property, or shall have received an offer from a third party to purchase the Leased Property, which offer Lessor intends to accept (or has accepted subject to Lxxxxx’s Lessee's right of first refusal granted herein). If, during the Term, Lessor receives such an offer or reaches such agreement with a third party or proposes to offer the Leased Property for sale, Lessor shall promptly provide notify Lessee of the purchase price and all other material terms and conditions of such agreement or proposed sale together with a copy of such offer. , and Lessee shall have 30 days after receipt of such notice from Lessor within which time to exercise Lessee’s 's option to purchase. If Lessee exercises its option, then such purchase shall be consummated within the time set forth in the third-party offer and in accordance with the provisions of Article XVII hereof to the extent not inconsistent herewith. If Lessee shall does not exercise Lessee’s 's option to purchase within said 30-day period after receipt of said notice from Lessor, Lessor shall be free for a period of 90 days after the expiration of said 30-day period to sell the Leased Property to the third party at the price and terms set forth in such offer. Whether or not such sale is consummated, all the terms and conditions of this Lease shall survive and Lessee shall be entitled to exercise its right of first refusal as provided in this Articlesection, as to any subsequent sale of the Leased Property during the Term of this Lease.

First Refusal to Purchase. (a) During the initial Term hereof, hereof (provided that Lessee is not in material default at such time), Lxxxxx and during any -------- extended Term (whether or not Lessee is in material default at such time), Lessee shall have a first refusal option to purchase the Leased Property upon the same terms and conditions as Lessor, or its successors and assigns, shall propose to sell the Leased Property, or shall have received an offer from a third party to purchase the Leased Property, which offer Lessor intends to accept (or has accepted subject to Lxxxxx’s Lessee's right of first refusal granted herein). If, during the Term, Lessor receives such an offer or reaches such agreement with a third party or proposes to offer the Leased Property for saleparty, Lessor shall promptly provide notify Lessee of the purchase price and all other material terms and conditions of such agreement together with a copy of such offer. , and Lessee shall have 30 60 days after receipt of such notice from Lessor within which time to exercise Lessee’s 's option to purchase. If Lessee exercises its option, then such purchase shall be consummated within the time set forth in the third-party offer and in accordance with the provisions of Article XVII hereof to the extent not inconsistent herewith. .If Lessee shall does not exercise Lessee’s 's option to purchase within said 30-60- day period after receipt of said notice from Lessor, Lessor shall be free for a period of 90 180 days after the expiration of said 3060-day period to sell the Leased Property to the third party at the price and terms set forth in such offer. Whether or not such sale is consummated, Lessee shall be entitled to exercise its right of first refusal as provided in this Articlesection, as to any subsequent sale of the Leased Property during the Term of this Lease.