Notice of Option. The Optionee shall have the right to register notice of this Agreement for the sole purpose of giving notice of its Option rights hereunder. Such notice shall be removed by the Optionee upon termination of this Agreement.
Notice of Option. Should this Option Agreement not be recorded, the parties agree to execute a Memorandum of Option for recording purposes if requested by either of the parties hereto, to be prepared and recorded at the expense of the requesting party.
Notice of Option. 17 18.3 Holdover..................................................................... 18
Notice of Option. (a) Provided it is not in Default hereunder, TENANT shall have four options to extend the term of this Lease, each for a term of sixty (60) months, upon the same terms and conditions as those provided herein, except that no improvement allowance shall be paid for any extended term. Base Building Rent for said option terms shall be equal to the adjusted Base Building Rent in effect at the end of the immediately preceding term pursuant to Sections 3.2 and 3.3 hereof.
Notice of Option. Landlord shall provide Tenant with written notice no less than sixty (60) days and no more than one hundred twenty (120) days prior to the expiration of any deadline by which Tenant is permitted to exercise any Option and, anything in this Lease to the contrary notwithstanding, no such deadline shall be deemed to occur prior to the later of: (i) the deadline established pursuant to Section 3.3(a); or (ii) thirty (30) days after such written notice is given to Tenant.
Notice of Option. 63 33.2. Termination...................................................... 63 33.3. Rebate of Payments............................................... 64 33.4.
Notice of Option. Purchaser, within [*****] after the Execution Date, may exercise an option to terminate this Contract as provided in this Article 33. As consideration for this option, Purchaser shall pay Contractor [*****] in accordance with the Payment Plan set forth in Attachment A.
Notice of Option. Landlord and Tenant shall enter into a recordable Notice of Option and Tenant shall record the same.
Notice of Option. On or before 5:00pm December 22, 2021 (forty-two (42) months from the Commencement Date of this Lease), Tenant shall advise Landlord in writing (the “Commercial Parcel Notice”) that it has elected not to develop the Property as contemplated as of the Effective Date. Landlord shall have ninety (90) calendar days following receipt of the Commercial Parcel Notice to advise Tenant in writing (the “Commercial Parcel Election”) either (i) that Landlord intends to terminate this Lease (the “Commercial Termination Option”), , or that (ii) Will allow Tenant to amend the Site Plan to develop the Property pursuant to a plan of development as agreed upon by both Landlord and Tenant within the ninety (90) day Commercial Parcel Election Period, which may include (subject to applicable law), without limitation, for multi-family residential or other residential purposes (the “Commercial Repositioning Option”). If Landlord does not timely deliver the Commercial Parcel Election to Tenant, Landlord shall be deemed to have elected the Commercial Termination Option as to the last date of such ninety (90) calendar day period.
Notice of Option. The Purchaser shall have the right to register notice of this Agreement with the applicable Governmental Authority office for the sole purpose of giving notice of its Option rights hereunder. Such notice shall be removed by the Purchaser upon termination of this Agreement.
