Landlord’s Offer Sample Clauses

Landlord’s Offer. Landlord’s Offer shall be in writing and shall set forth the terms on which Landlord proposes to Transfer the Fee Estate. Such terms shall: (a) require either payment in cash at closing or deferred payments secured, if at all, only by a standard printed form Fee Mortgage; (b) not involve any other property; (c) not require either purchaser or seller to perform or bear any material post-closing obligations or deliver any guaranties, except that Landlord shall indemnify Tenant for any and all liabilities, whether known or unknown, connected with any violation of Environmental Law or any Hazardous Substance Discharge caused by the Landlord or beginning or occurring prior to the Commencement Date; (d) allow the purchaser to assign its contract; and (e) require conveyance of title subject only to (i) nonmonetary encumbrances recorded against the Fee Estate prior to the Commencement Date and (ii) encumbrances created by, or resulting from the acts or omissions of, or with the express written consent of, Tenant (“Permitted Exceptions”). The Transfer shall otherwise be on the terms of a standard printed form contract of sale used in the State for improved real property and selected by Tenant, modified as necessary in Tenant’s reasonable judgment to reflect the terms of Landlord’s Offer, with a closing 60 to 180 days (as designated by Tenant on 60 days’ Notice to Landlord) after the date Tenant has accepted Landlord’s Offer. Time shall not be of the essence for the closing date.
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Landlord’s Offer. Landlord's Offer shall be in writing and shall set forth the material terms, including, without limitation, price, closing date and deposit amounts, on which Landlord, the Leemilt's Lessor, the Power Test Lessor, or the Gettymart Lessor, as the case may be, proposes to convey the Fee Estate. If Tenant accepts Landlord's Offer, the conveyance to Tenant shall be made on the terms set forth in Landlord's Offer. Upon conveyance of any Property to Tenant pursuant to this Section, as of the date of such conveyance, such Property shall be deemed deleted from this Restated Lease, the Fixed Rent shall be adjusted to reflect such deletion in accordance with the Fixed Rent Adjustment Procedures and the amounts held pursuant to this Restated Lease on account of advanced Real Estate Tax payments pursuant to Article 4 shall be adjusted accordingly.
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Landlord’s Offer. Landlord’s Offer shall be in writing and shall set forth the terms on which Landlord proposes to Transfer the Fee Estate. Such terms shall: (a) require either payment in cash at closing or deferred payments secured, if at all, only by a standard printed form Fee Mortgage; (b) not involve any other property; (c) not require either purchaser or seller to perform or bear any material post-closing obligations or deliver any guaranties, except that Landlord shall indemnify Tenant for any and all liabilities, whether known or unknown, connected with any violation of Environmental Law or any Hazardous Substance Discharge caused by the Landlord or beginning or occurring prior to the Commencement Date;
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Landlord’s Offer. If the Landlord proposes to sell the Land, the Landlord must first offer to sell the Land to the Tenant by submitting the following to the Tenant:
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Landlord’s Offer. Xxxxxxxx’s Offer shall be in writing and shall set forth the terms on which Landlord proposes to Transfer the Fee Estate. Such terms shall:
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Landlord’s Offer. Xxxxxxxx’s Offer shall be in writing and shall set forth the terms on which Landlord proposes to Transfer the Fee Estate. Such terms shall: (a) require either payment in cash at closing or deferred payments secured, if at all, only by a standard printed form fee mortgage; (b) not involve any other real property (but shall include the then Existing FF&E); (c) not require either purchaser or Landlord to perform or bear any material post-closing obligations or deliver any guaranties, except for the Special Operating Covenant and except that Landlord shall indemnify Tenant for any and all liabilities, whether known or unknown, connected with any violation of Environmental Law or any Hazardous Substance Discharge caused by the Landlord or beginning or occurring prior to the Commencement Date; (d) allow the purchaser to assign its contract; and (e) require conveyance of title subject only to (i) nonmonetary encumbrances recorded against the Fee Estate prior to the Commencement Date and (ii) encumbrances created by, or resulting from the acts or omissions of, or with the express written consent of,
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Landlord’s Offer. If Landlord desires to sell the Property during the ROFO Period, Landlord shall submit to Tenant a written offer ("Landlord's Offer") identifying the price (the "Purchase Price") and all other terms and conditions at which Landlord is willing to sell the Building Site. Within *( business days after receipt of Landlord's Offer, Tenant shall give Landlord written notice of Tenant's rejection or unqualified and unconditional acceptance of Landlord's Offer and all of the terms and conditions contained therein, accompanied by the documentary evidence described in Section 37.1 above. If Landlord's Offer consists of proposed Purchase and Sale Agreement, Tenant shall give such written notice by delivering an original of such Purchase and Sale Agreement executed by Tenant. If Tenant fails to deliver such written notice within such * business day period, Tenant shall be deemed to have rejected Landlord's Offer.
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Landlord’s Offer. If at any time during the Lease Term, Landlord shall desire to sell the Real Property, then, provided that Depotech Corporation shall be the Tenant hereunder and provided Tenant is not then in default hereunder, Landlord shall offer (“Landlord’s Offer”) to sell the Real Property to Tenant prior to offering the same to any other individual or entity other than a subsidiary or affiliate of Landlord. Landlord’s Offer shall be in writing and shall set forth the terms and conditions upon which the Real Property is to be sold. The foregoing notwithstanding if Landlord notifies Tenant that Landlord intends to sell the Real Property as provided in this Section 17.1 and Tenant does not express the desire to purchase the Real Property by written notice within ten (10) days of Landlord’s notice, in accordance with the terms hereof, Tenant shall not have the right of first refusal provided in Article XVI on any subsequent offer resulting from Landlord’s desire to sell the Real Property within a nine (9) month period following Tenant’s receipt of Landlord’s Offer except as provided in Section 17.4 below.
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Landlord’s Offer. 3 Xxxxxxxx....................................................................43
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Related to Landlord’s Offer

  • Landlord’s Option At any time within ten (10) days after Landlord's receipt of the notice specified in Section 14.2, Landlord may by notice to Tenant elect to (a) terminate this Lease as to the portion (including all) of the Premises that is specified in Tenant's notice, with a proportionate abatement in the Base Rent, (b) consent to the Sublease or Assignment, or (c) disapprove the Sublease or Assignment; Landlord shall not unreasonably withhold its consent to the Assignment or Sublease. Tenant shall pay as additional rent, Landlord's reasonable attorneys' fees incurred in connection with the review of any proposed Assignment or Sublease. Tenant agrees to pay Landlord fifty percent (50%) of the amount by which all sums payable to Tenant in connection with such Assignment or Sublease exceed the total of (a) Base Rent payable by Tenant to Landlord hereunder, (b) reasonable leasing commission incurred by Tenant in connection therewith, and (c) the cost of any Alterations reasonably incurred in connection therewith, and (d) advertisement costs. If Landlord consents to the Sublease or Assignment within such ten (10) day period, Tenant may thereafter within sixty (60) days after Landlord's consent enter into such Assignment or Sublease with such approved assignee or subtenant upon the terms and conditions set forth in the notice furnished by Tenant to Landlord pursuant to Section 14.2. No Assignment or Sublease shall be binding on Landlord until Tenant delivers an executed copy of such Assignment or Sublease to Landlord. Notwithstanding Section 14.3 or any other provision to the contrary, in the event Landlord exercises its recapture right under this Section 14.3, Tenant shall have the right to rescind its notice for request to sublease, assign or transfer within three (3) business days following receipt of Landlord's notice of recapture.

  • Subleased Premises Sublandlord hereby subleases to Subtenant and Subtenant hereby subleases from Sublandlord for the term, at the rental, and upon all of the conditions set forth herein, the Subleased Premises.

  • Notice to Landlord’s Mortgagee Tenant shall not seek to enforce any remedy it may have for any default on the part of Landlord without first giving written notice by certified mail, return receipt requested, specifying the default in reasonable detail, to any Landlord’s Mortgagee whose address has been given to Tenant, and affording such Landlord’s Mortgagee a reasonable opportunity to perform Landlord’s obligations hereunder.

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