Common use of Lessee's Option to Purchase Clause in Contracts

Lessee's Option to Purchase. Subject to the terms, conditions and provisions set forth in this Article XIV, Lessee shall have the option (the "Purchase Option"), to be exercised as set forth below, to purchase from Lessor, Lessor's interest in the Leased Property. Such option must be exercised by written notice to Lessor not later than twelve months prior to the Lease Termination Date which notice shall be irrevocable; such notice shall specify the date that such purchase shall take place, which date shall be a date occurring not less than thirty (30) days after such notice or the Lease Termination Date (whichever is earlier). If the Purchase Option is exercised pursuant to the foregoing, then, subject to the provisions set forth in this Article XIV, on the applicable purchase date or the Lease Termination Date, as the case may be, Lessor shall convey to Lessee, and Lessee shall purchase from Lessor, Lessor's interest in the Leased Property in accordance with Section 14.5.

Lessee's Option to Purchase. Subject to the terms, terms and conditions and provisions set forth in this Article XIVArticle, Lessee shall have the option (the "Purchase Option"), exercisable at any time during the Lease Term on or prior to be exercised as set forth belowthe 120th day next preceding the Lease Termination Date, to purchase from Lessor, Lessor's entire interest in all, but not less than all, of the Leased PropertyProperty at the purchase price equal to the Purchase Option Price. Such option must be exercised by written notice to the Lessor not later than twelve months prior to and the Lease Termination Date Lender, which notice exercise shall be irrevocable; , and such notice shall specify the closing date that such for Lessee's purchase shall take placeof all of the Leased Property, which date shall be a date occurring (i) not less than thirty sixty (3060) days after or more than ninety (90) calendar days following the Lessor's receipt of such notice or and (ii) in any event not later the Lease Termination Date (whichever is earlier)Date. If the Purchase Option is exercised pursuant to the foregoing, then, subject to the provisions set forth in this Article XIVArticle, on the applicable purchase date or the Lease Termination Date, as the case may besuch closing date, Lessor shall convey to Lessee, and Lessee shall purchase from Lessor, Lessor's interest in all, but not less than all, of the Leased Property Property. If Lessee fails to exercise the Purchase Option in accordance with a timely manner, then the Purchase Option shall thereupon automatically terminate without any further action of Lessor, and the Purchase Option shall thereafter be of no force or effect. The Purchase Option granted to Lessee pursuant to this Section 14.5is exclusive of the purchase option provided to Lessee pursuant to Section 14.1(e).

Lessee's Option to Purchase. Subject to the terms, conditions and provisions set forth in this Article XIV, the Lessee shall have the option (the "“Purchase Option"”), to be exercised as set forth below, to purchase from Lessor, Lessor's ’s interest in the Leased Property. Such option must be exercised by written notice to Lessor and the Agent not later than twelve six months prior to the Lease Termination Date which notice shall be irrevocable; such notice shall specify the date that such purchase shall take place, which date shall be a date occurring not less than thirty sixty (3060) days after such notice or the Lease Termination Date (whichever is earlier). If the Purchase Option is exercised pursuant to the foregoing, then, subject to the provisions set forth in this Article XIV, on the applicable purchase date or the Lease Termination Date, as the case may be, Lessor shall convey to the Lessee, by special warranty deed and xxxx of sale, without recourse or warranty (other than the warranty of title set forth in the special warranty deed and as to the absence of Lessor Liens) and the Lessee shall purchase from Lessor, Lessor's ’s interest in the Leased Property in accordance with Section 14.5Property.

Lessee's Option to Purchase. Subject to the terms, conditions and provisions set forth in this Article XIV, Lessee shall have the option (the "“Purchase Option"”), to be exercised as set forth below, to purchase from Lessor, Lessor's ’s interest in any of the Leased PropertyProperties. Such option must be exercised by written notice to Lessor not later than twelve months prior to the scheduled Lease Termination Date Date, which notice shall be irrevocable; such notice shall specify the Leased Property with respect to which such Purchase Option is being exercised, the date that such purchase shall take place, which date shall be a date occurring not less than thirty sixty (3060) days after such notice or the Lease Termination Date (whichever is earlier). If the Purchase Option is exercised pursuant to the foregoing, then, subject to the provisions set forth in this Article XIV, on the applicable purchase date or the Lease Termination Date, as the case may be, Lessor shall convey to Lessee, and Lessee shall purchase from Lessor, Lessor's ’s interest in the Leased Property in accordance with or Leased Properties that are the subject of such Purchase Option pursuant to Section 14.5.

Lessee's Option to Purchase. (a) Subject to the terms, conditions and provisions set forth in this Article XIV, the Lessee shall have the option (the "Purchase ----------- -------- Option"), to be exercised as set forth below, to purchase from the ------ Lessor, the Lessor's interest in all of the Leased Property. Such option must be exercised by written notice to the Lessor not later than twelve six (6) months prior to the Lease Termination Date which notice shall be irrevocable; such notice shall specify the date that such purchase shall take place, which date shall be a date occurring not less than thirty (30) days after such notice or the Lease Termination Date (whichever is earlier). If the Purchase Option is exercised pursuant to the foregoing, then, subject to the provisions set forth in this Article XIV, on the ----------- applicable purchase date or the Lease Termination Date, as the case may be, the Lessor shall convey to the Lessee, without recourse or warranty (other than as to the absence of Lessor Liens), and the Lessee shall purchase from the Lessor, the Lessor's interest in the Leased Property in accordance with Section 14.5leased by the Lessee. (b) [Reserved]

Lessee's Option to Purchase. Subject to the terms, conditions and provisions set forth in this Article ARTICLE XIV, Lessee shall have the option (the "Purchase OptionPURCHASE OPTION"), to be exercised as set forth below, to purchase from Lessor, Lessor's interest in the Leased Property. Such option must be exercised by written bywritten notice to Lessor not later than twelve months prior to the Lease Termination Date which notice shall be irrevocable; such notice shall specify the date that such purchase shall take place, which date shall be a date occurring not less than thirty (30) days after such notice or the Lease Termination Date (whichever is earlier). If the Purchase Option is exercised pursuant to the foregoing, thenthen Lessee shall also be deemed to have exercised its APurchase Option@ under the Building Lease and, subject to the provisions set forth in this Article ARTICLE XIV, on the applicable purchase date or the Lease Termination Date, as the case may be, Lessor shall convey to Lessee, without recourse or warranty (other than as to the absence of Lessor Liens) and Lessee shall purchase from Lessor, Lessor's interest in the Leased Property in accordance with Section 14.5Property. Lessor shall continue to pay Basic Rent hereunder until the Purchase Option is consummated by the payment of the purchase price pursuant to this ARTICLE XIV.

Lessee's Option to Purchase. Subject to the terms, conditions and provisions set forth in this Article ARTICLE XIV, Lessee shall have the option (the "Purchase OptionPURCHASE OPTION"), to be exercised as set forth below, to purchase from Lessor, Lessor's interest in the Leased Property. Such option must be exercised by written notice to Lessor not later than twelve months prior to the Lease Termination Date which notice shall be irrevocable; such notice shall specify the date that such AR purchase shall take place, which date shall be a date occurring not less than thirty (30) days after such notice or the Lease Termination Date (whichever is earlier). If the Purchase Option is exercised pursuant to the foregoing, thenthen Lessee shall also be deemed to have exercised its APurchase Option@ under the Land Lease and, subject to the provisions set forth in this Article ARTICLE XIV, on the applicable purchase date or the Lease Termination Date, as the case may be, Lessor shall convey to Lessee, without AR recourse or warranty (other than as to the absence of Lessor Liens) and Lessee shall purchase from Lessor, Lessor's interest in the Leased Property in accordance with Section 14.5Property. Lessor shall continue to pay Basic Rent hereunder until the Purchase Option is consummated by the payment of the purchase price pursuant to this ARTICLE XIV.

Lessee's Option to Purchase. Subject to the terms, terms and conditions and provisions set forth in this Article XIVArticle, Lessee shall have the option (the "Purchase OptionPURCHASE OPTION"), exercisable at any time during the Lease Term on or prior to be exercised as set forth belowthe tenth Business Day next preceding the Lease Termination Date, to purchase from Lessor, Lessor's entire interest in all, but not less than all, of any Property at the Leased purchase price equal to the Purchase Option Price for such Property. Such option must be exercised by written notice to the Lessor not later than twelve months prior to and the Lease Termination Date Lender, which notice exercise shall be irrevocable; , and such notice shall specify the closing date that for Lessee's purchase of such purchase shall take placeProperty, which date shall be a date occurring (i) not less than thirty ten (3010) Business Days or more than 180 calendar days after following the Lessor's receipt of such notice or and (ii) in any event not later the Lease Termination Date (whichever is earlier)Date. If the Purchase Option is exercised pursuant to the foregoing, then, subject to the provisions set forth in this Article XIVArticle, on the applicable purchase date or the Lease Termination Date, as the case may besuch closing date, Lessor shall convey to Lessee, and Lessee shall purchase from Lessor, Lessor's interest in all, but not less than all, of such Property. If Lessee fails to exercise the Leased Property Purchase Option in accordance with a timely manner, then the Purchase Option shall thereupon automatically terminate without any further action of Lessor, and the Purchase Option shall thereafter be of no force or effect. The Purchase Option granted to Lessee pursuant to this Section 14.5is exclusive of the purchase option provided to Lessee pursuant to SECTION 14.1(e).

Lessee's Option to Purchase. (a) Subject to the terms, conditions and provisions set forth in this Article XIV, the Lessee shall have the option (the "Purchase Option"), ----------- --------------- to be exercised as set forth below, to purchase from the Lessor, the Lessor's interest in all of the Leased Property. Such option must be exercised by written notice to the Lessor not later than twelve six (6) months prior to the Lease Termination Date which notice shall be irrevocable; such notice shall specify the date that such purchase shall take place, which date shall be a date occurring not less than thirty (30) days after such notice or the Lease Termination Date (whichever is earlier). If the Purchase Option is exercised pursuant to the foregoing, then, subject to the provisions set forth in this Article XIV, on the applicable purchase date or ----------- the Lease Termination Date, as the case may be, the Lessor shall convey to the Lessee, without recourse or warranty (other than as set forth in the special warranty deed and as to the absence of Lessor Liens), and the Lessee shall purchase from the Lessor, the Lessor's interest in the Leased Property in accordance with Section 14.5leased by the Lessee. (b) [Reserved]

Lessee's Option to Purchase. Subject to the terms, conditions --------------------------- and provisions set forth in this Article XIV, Lessee shall have the option (the ----------- "Purchase Option"), to be exercised as set forth below, to purchase from Lessor, --------------- Lessor's interest in the Leased Property. Such option must be exercised by written notice to Lessor not later than twelve months 270 days prior to the Lease Termination Date which notice shall be irrevocable; such notice shall specify the date that such purchase shall take place, which date shall be a date occurring not less than thirty (30) days after such notice or the Lease Termination Date (whichever is earlier). If the Purchase Option is exercised pursuant to the foregoing, then, subject to the provisions set forth in this Article XIV, on the applicable ----------- purchase date or the Lease Termination Date, as the case may be, Lessor shall convey to Lessee, or a transferee designated by Lessee in a written notice given to Lessor not less than ten (10) Business Days prior to the purchase date or Lease Termination Date, as the case may be, by special warranty deed (which shall include a warranty to the absence of Lessor Liens, but shall exclude any warranty with respect to Liens created by Lessee as Lessor's agent) and Lessee Lessee, or such transferee, shall purchase from Lessor, Lessor's interest in the Leased Property in accordance with Section 14.5Property.

Lessee's Option to Purchase. Subject to the terms, conditions and provisions set forth in this Article XIV, each Lessee shall have the option (the a "Purchase Option"), to be exercised as set forth below, to purchase from Lessor, Lessor's interest in any or all of the Leased PropertyProperties. Such option must be exercised with respect to any Leased Property by written notice to Lessor not later than twelve six months prior to the Lease Termination Date Date, which notice shall be irrevocable; such notice shall specify the Leased Property to be purchased, and the date that such purchase shall take place, which date shall be a date occurring not less than thirty sixty (3060) days after such notice or the Lease Termination Date (whichever is earlier). If the Purchase Option is exercised pursuant to the foregoingforegoing with respect to any Leased Property, then, subject to the provisions set forth in this Article XIV, on the applicable purchase date or the Lease Termination Date, as the case may be, Lessor shall convey to the related Lessee, by special or limited warranty deed and xxxx of sale, without recourse or warranty (other than as to the absence of Lessor Liens) and the related Lessee shall purchase from Lessor, Lessor's interest in the Leased Property in accordance with Section 14.5or Leased Properties that are the subject of such Purchase Option.

Lessee's Option to Purchase. Subject to the terms, terms and conditions and provisions set forth in this Article XIVArticle, Lessee shall have the option (the "Purchase Option"), exercisable at any time during the Lease Term on or prior to be exercised as set forth belowthe tenth Business Day next preceding the Lease Termination Date, to purchase from Lessor, Lessor's entire interest in all, but not less than all, of any Property at the Leased purchase price equal to the Purchase Option Price for such Property. Such option must be exercised by written notice to the Lessor not later than twelve months prior to and the Lease Termination Date Lender, which notice exercise shall be irrevocable; , and such notice shall specify the closing date that for Lessee's purchase of such purchase shall take placeProperty, which date shall be a date occurring (i) not less than thirty ten (3010) Business Days or more than 90 calendar days after following the Lessor's receipt of such notice or and (ii) in any event not later the Lease Termination Date (whichever is earlier)Date. If the Purchase Option is exercised pursuant to the foregoing, then, subject to the provisions set forth in this Article XIVArticle, on the applicable purchase date or the Lease Termination Date, as the case may besuch closing date, Lessor shall convey to Lessee, and Lessee shall purchase from Lessor, Lessor's interest in all, but not less than all, of such Property. If Lessee fails to exercise the Leased Property Purchase Option in accordance with Section 14.5.a timely manner, then the Purchase Option shall thereupon automatically

Lessee's Option to Purchase. Subject to the terms, conditions and provisions set forth in this Article XIV, Lessee shall have the option (the "Purchase Option"), to be exercised as set forth below, to purchase from Lessor, Lessor's interest in all of the Leased PropertyProperties; provided that, except as set forth in paragraph (b) below, such option must be exercised with respect to all, but not less than all, of the Leased Properties. Such option must be exercised by written notice to Lessor not later than twelve months prior to the Lease Termination Date which notice shall be irrevocable; such notice shall specify the date that such purchase shall take place, which date shall be a date occurring not less than thirty (30) days after such notice or the Lease Termination Date (whichever is earlier). If the Purchase Option is exercised pursuant to the foregoing, then, subject to the provisions set forth in this Article XIV, on the applicable purchase date or the Lease Termination Date, as the case may be, Lessor shall convey to Lessee, by special warranty deed and bill of sale without recourse or warranty (other than as to the absexxx of Lessor Liens) and Lessee shall purchase from Lessor, Lessor's interest in the Leased Property in accordance with Section 14.5Properties.