Common use of No Purchase or Termination With Respect to Less Clause in Contracts

No Purchase or Termination With Respect to Less. than All of a Property. Lessee shall not be entitled to exercise its Purchase Option or the Sale Option separately with respect to a portion of any Property consisting of Land, Equipment, Improvements and/or any interest pursuant to a Ground Lease but shall be required to exercise its Purchase Option or the Sale Option with respect to an entire Property.

Appears in 3 contracts

Samples: Credit Agreement (Correctional Services Corp), Lease Agreement (Shurgard Storage Centers Inc), Lease Agreement (Centennial Healthcare Corp)

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No Purchase or Termination With Respect to Less. than All of a Property. Lessee shall not be entitled to exercise its Purchase Option or the Sale Option separately with respect to Lessor's Head Lease Leasehold Interest in a portion of any Property consisting of Land, Equipment, Improvements and/or any interest pursuant to a Ground Lease and the Related Bonds but shall be required to exercise its Purchase Option or the Sale Option with respect to an entire PropertyLessor's Head Lease Leasehold Interest in all Properties and the Related Bonds.

Appears in 1 contract

Samples: Lease Agreement (Total System Services Inc)

No Purchase or Termination With Respect to Less. than All of a Property. Lessee shall not be entitled to exercise its Purchase Option or the Sale Option separately with respect to a portion of any Property consisting of Land, Equipment, Improvements and/or any subleasehold interest pursuant to a Ground Lease in Land but shall be required to exercise its Purchase Option or the Sale Option with respect to an entire Property.

Appears in 1 contract

Samples: Lease Agreement (Performance Food Group Co)

No Purchase or Termination With Respect to Less. than All of a Property. Lessee shall not be entitled to exercise its Purchase Option or the Sale Option separately with respect to a portion of any Property consisting of LandLand (or, Equipmentif applicable, Improvements and/or any the leasehold interest pursuant to a Ground Lease Lease), Equipment and/or Improvements but shall be required to exercise its Purchase Option or the Sale Option with respect to an entire Property.

Appears in 1 contract

Samples: Credit Agreement (Franklin Resources Inc)

No Purchase or Termination With Respect to Less. than All of a Property. No Lessee shall not be entitled to exercise its Purchase Option or the Sale Option separately with respect to a portion of any Property consisting of Land, Equipment, Improvements and/or any interest pursuant to a Ground Lease but shall be required to exercise its Purchase Option or the Sale Option with respect to an entire Property.. ARTICLE XXXII

Appears in 1 contract

Samples: Lease Agreement (Performance Food Group Co)

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No Purchase or Termination With Respect to Less. than All of a Property. Except as expressly permitted pursuant to Section 21.1, Lessee shall not be entitled to exercise its Purchase Option or the Sale Option separately with respect to a portion of any the Property consisting of Land, Equipment, Improvements and/or any interest pursuant to a Ground Lease but shall be required to exercise its Purchase Option or the Sale Option with respect to an the entire Property.

Appears in 1 contract

Samples: Lease Agreement (Toys R Us Inc)

No Purchase or Termination With Respect to Less. than All of a Property. Lessee shall not be entitled to exercise its Purchase Option or the Sale Option separately with respect to a portion of any Property consisting of Land, Equipment, Improvements and/or any interest pursuant to a Ground Lease but shall be required to exercise its Purchase Option or the Sale Option with respect to the entire Property, which shall be an entire PropertyLease Supplement.

Appears in 1 contract

Samples: Lease Agreement (Cypress Semiconductor Corp /De/)

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