Memorandum of Option Agreement. Upon Xxxxxxx’s request, the parties shall execute a Memorandum of Option Agreement to be recorded among the appropriate land records in which ownership of the Option Property is recorded. The cost of recording said Memorandum shall be borne by Xxxxxxx.
Memorandum of Option Agreement. This Agreement shall not be recorded but the parties agree to execute the Memorandum of Option Agreement attached hereto as Exhibit B and it shall be recorded in the Registry of Deeds at the Town’s expense.
Memorandum of Option Agreement. Upon Grantee’s request, the parties shall execute a Memorandum of Option Agreement to be recorded among the appropriate land records in which ownership of the Option Property is recorded. The cost of recording said Memorandum shall be borne by Grantee.
Memorandum of Option Agreement. A Memorandum of this Agreement shall be executed simultaneously with this Agreement and such Memorandum shall thereafter be recorded in the public records.
Memorandum of Option Agreement. Upon the request of the Optionee after the Option Effective Date and subject to the prior written consent of the respective lessor under a Real Property Lease, the Seller shall execute and deliver a memorandum of option agreement in substantially the form attached hereto as Exhibit 6.7 for filing by the Optionee in the appropriate real property office of the county in which such Real Property Lease is recorded.
Memorandum of Option Agreement. This Memorandum of Option Agreement is made as of the day of , 201 . Notice is hereby given of a Lease Option Agreement (the “Agreement”) dated the day of , 202 , by and between of , (the “Grantor”), and , a limited liability company, its successors and assigns (the “Grantee”).
Memorandum of Option Agreement. The Seller currently owns the Glendale Property (as defined in Exhibit A attached hereto). Promptly following the Opening of Escrow (as defined below), Buyer and Seller shall execute, acknowledge and deliver to Fidelity National Title Agency, Inc. (“Escrow Agent”), 0000 Xxxx Xxxxxxxxx Xxxx, Xxxxx 000, Xxxxxxx, Xxxxxxx 00000 (Attention: Xxxxx Xxxxxxxxx), a memorandum of this Agreement in the form attached hereto as Exhibit B to be recorded against the Glendale Property (the “Memorandum of Option Agreement”). Seller currently owns an option to purchase the Phoenix Property. In consideration of the terms and conditions contained herein, Buyer shall execute, acknowledge and deliver to Escrow Agent a Termination of Option Agreement and Release, in the form attached hereto as Exhibit C (the “Memorandum Release”). Escrow Agent is hereby instructed to record the Memorandum of Option Agreement in the official records of Maricopa County, Arizona promptly after the Due Diligence Termination Date (as defined below, and as may be extended) and Buyer’s deposit of the Second Deposit (as defined below). Seller agrees to purchase the Phoenix Property in consideration of the mutual promises, terms and conditions herein. Promptly after Seller acquires the Phoenix Property, the parties agree to execute and record an amendment to the Memorandum of Option Agreement in order to subject the Phoenix Property (as defined below) to the Memorandum of Option Agreement (in addition to, and not in substitution for, the Glendale Property). If this Agreement is subsequently terminated in accordance with the provisions of this Agreement, Escrow Agent is hereby irrevocably authorized, without additional notice to Buyer, to record the Memorandum Release.
Memorandum of Option Agreement. Parties agree to execute a memorandum of option agreement (“Option Memorandum”) concurrent with executing this Agreement and Parties shall have the right to record the Memorandum. The Parties have executed this Agreement as of the date stated below. By: Name: Title: Dated: COUNTY: BOARD OF COUNTY COMMISSIONERS, COUNTY OF XXXXX, STATE OF NEVADA By: Name: Title: Dated: Exhibit A
Memorandum of Option Agreement
