Common use of Option to Remarket Clause in Contracts

Option to Remarket. Subject to the fulfillment of each of the conditions set forth in this Section 22.1, the Lessee shall have the option (the "Remarketing Option") to market for the Lessor and complete the sale of all, but not less than all, of the Lessor's interest in the Property on the Expiration Date for the Lessor. The Lessee's effective exercise and consummation of the Remarketing Option shall be subject to the due and timely fulfillment of each of the following provisions as of the dates set forth below.

Appears in 3 contracts

Samples: Master Lease (Yahoo Inc), Transport Corporation of America Inc, Chase Industries Inc

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Option to Remarket. Subject to the fulfillment of each of the conditions set forth in this Section 22.124.1, the Lessee shall have the option (the "Remarketing Option") to market for the Lessor and complete the sale of all, but not less than all, of the Lessor's interest in the Property on the Expiration Date for the Lessor. The Lessee's effective exercise and consummation of the Remarketing Option shall be subject to the due and timely fulfillment of each of the following provisions as to the Property as of the dates set forth below.

Appears in 3 contracts

Samples: Lease (Brookdale Living Communities Inc), Lease and Security Agreement (Alternative Living Services Inc), Lease (Brookdale Living Communities Inc)

Option to Remarket. Subject to the fulfillment of each of the ------------------ conditions set forth in this Section 22.1, the Lessee shall have the option (the ------------ "Remarketing Option") to market for the Lessor and complete the sale of all, but ------------------ not less than all, of the Lessor's interest in the Property on the Expiration Date for the Lessor. The Lessee's effective exercise and consummation of the Remarketing Option shall be subject to the due and timely fulfillment of each of the following provisions as of the dates set forth below.

Appears in 2 contracts

Samples: Participation Agreement (Vitesse Semiconductor Corp), Master Lease (Bea Systems Inc)

Option to Remarket. Subject to the fulfillment of each of the conditions set forth in this Section 22.120.1, the Lessee shall have the option (the "Remarketing Option") to market for the Lessor and complete the sale of all, but not less than all, all of the Lessor's interest in the Property on the Expiration Date Properties for the Lessor. The Lessee's effective exercise and consummation of the Remarketing Option shall be subject to the due and timely fulfillment of each of the following provisions as to each of the Properties as of the dates set forth below.

Appears in 2 contracts

Samples: Symantec Corp, Symantec Corp

Option to Remarket. Subject to the fulfillment of each of the conditions set forth in this Section 22.1Section, the Lessee shall have the option (the "Remarketing Option") to market the Leased Property for the Lessor and complete the sale of all, but not less than all, of the Lessor's interest in the Property on the Expiration Date for the Lessorto procure a purchaser therefor. The Lessee's effective exercise and consummation of the Remarketing Option shall be subject to the due and timely fulfillment of each of the following provisions as provisions, the failure of any of which shall render the dates set forth below.Remarketing Option and Lessee's exercise thereof null and void, in which event, Lessee shall be obligated to perform its obligations under Section 15.2 "Purchase Obligation":

Appears in 2 contracts

Samples: Lease and Development Agreement (Huffy Corp), Lease and Development Agreement (Eagle Usa Airfreight Inc)

Option to Remarket. Subject to the fulfillment of each of the conditions set forth in this Section 22.124.1, the Lessee shall have the option (the "Remarketing Option") to market for the Lessor and complete the sale of all, but not less than all, of the Lessor's interest in the Property on the Expiration Date for the Lessor. The Lessee's effective exercise and consummation of the Remarketing Option shall be subject to the due and timely fulfillment of each of the following provisions as to the Property as of the dates set forth belowbelow and the satisfaction of the transfer provisions applicable thereto set forth in the Xxxxxx Loan Documents.

Appears in 1 contract

Samples: Lease (Brookdale Living Communities Inc)

Option to Remarket. Subject to the fulfillment of each of the conditions set forth in this Section 22.1, the Lessee shall have the option (the "Remarketing Option") to market for the Lessor and complete the sale of all, but not less than all, of the Lessor's interest in the Property on the Expiration Date for the Lessor. The Lessee's effective exercise and consummation of the Remarketing Option shall be subject to the due and timely fulfillment of each of the following provisions as of the dates set forth below.

Appears in 1 contract

Samples: Master Lease

Option to Remarket. Subject to the fulfillment of each of the conditions set forth in this Section 22.1Section, the Lessee shall have the option (the "Remarketing Option") to market for the Lessor and complete the sale of all, but not less than all, of the Lessor's interest in the Leased Property on the Expiration Date for the Lessorand to procure a purchaser therefor. The Lessee's effective exercise and consummation of the Remarketing Option shall be subject to the due and timely fulfillment of each of the following provisions as of the dates set forth below.effective

Appears in 1 contract

Samples: Master Lease and Development Agreement (Eagle Usa Airfreight Inc)

Option to Remarket. Subject to the fulfillment of each of the ------------------ conditions set forth in this Section 22.120.1, the Lessee shall have the option (the ------------ "Remarketing Option") to market for the Lessor and complete the sale of all, but not less than all, Property on behalf of the Lessor's interest in the Property on the Expiration Date for the Lessor. ------------------ The Lessee's effective exercise and consummation of the Remarketing Option shall be subject to the due and timely fulfillment of each of the following provisions as to the Property as of the dates set forth below.:

Appears in 1 contract

Samples: Master Lease (Palm Inc)

Option to Remarket. Subject to the fulfillment of each of the conditions set forth in this Section 22.120.1, the each Lessee shall have the option (the "Remarketing Option") to market for the Lessor and complete the sale of all, but not less than all, all of the Lessor's interest in the Property on the Expiration Date Properties for the Lessor. The Lessee's effective exercise and consummation of the Remarketing Option shall be subject to the due and timely fulfillment of each of the following provisions as to each of the Properties as of the dates set forth below.

Appears in 1 contract

Samples: Master Lease (Multicare Companies Inc)

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Option to Remarket. Subject to the fulfillment of each of the conditions set forth in this Section 22.120.1, the Lessee shall have the option (the "Remarketing Option") to market for the Lessor and complete the sale of all, but not less than all, of the Lessor's interest in the Property on the Expiration Date for behalf of the Lessor. The Lessee's effective exercise and consummation of the Remarketing Option shall be subject to the due and timely fulfillment of each of the following provisions as to the affected Property as of the dates set forth below.:

Appears in 1 contract

Samples: Master Lease (Electronics for Imaging Inc)

Option to Remarket. Subject to the fulfillment of each of the conditions set forth in this Section 22.120.1, the Lessee shall have the option (the "Remarketing Option") to market for the Lessor and complete the sale of all, but not less than all, all of the Lessor's interest in the Property Properties on the Expiration Date for behalf of the Lessor. The Lessee's effective exercise and consummation of the Remarketing Option shall be subject to the due and timely fulfillment of each of the following provisions as to each of the Properties as of the dates set forth below.:

Appears in 1 contract

Samples: Master Lease (Cisco Systems Inc)

Option to Remarket. Subject to the fulfillment of each of the conditions set forth in this Section 22.124.1, the Lessee shall have the option (the "Remarketing Option") to market for the Lessor and complete the sale of all, but not less than all, of the Lessor's interest in the Property on the Expiration Date one or more Leased Assets for the Lessor. The Lessee's effective exercise and consummation of the Remarketing Option as to one or more Leased Assets shall be subject to the due and timely fulfillment of each of the following provisions as to such Leased Assets as of the dates set forth below.

Appears in 1 contract

Samples: Master Lease and Security Agreement (Rite Aid Corp)

Option to Remarket. Subject to the fulfillment of each of the conditions ------------------ set forth in this Section 22.1, the Lessee shall have the option (the ------------ "Remarketing Option") to market for the Lessor and complete the sale of all, but ------------------ not less than all, of the Lessor's interest in the Property on the Expiration Date for the Lessor. The Lessee's effective exercise and consummation of the Remarketing Option shall be subject to the due and timely fulfillment of each of the following provisions as of the dates set forth below.

Appears in 1 contract

Samples: Trust and Security Agreement (Asyst Technologies Inc /Ca/)

Option to Remarket. Subject to the fulfillment of each of the conditions set forth in this Section 22.120.1, the Lessee shall have the option (the "Remarketing Option") to market for the Lessor and complete the sale all of all, but not less than all, of the Lessor's interest in the Property on the Expiration Date for behalf of the Lessor. The Lessee's effective exercise and consummation of the Remarketing Option shall be subject to the due and timely fulfillment of each of the following provisions as to the Property as of the dates set forth below.:

Appears in 1 contract

Samples: Master Lease (Electronics for Imaging Inc)

Option to Remarket. Subject to the fulfillment of each of the conditions set forth in this Section 22.120.1, the Lessee shall have the option (the "Remarketing Option") to market for the Lessor and complete the sale of all, but not less than all, of the Lessor's interest in the Property on the Expiration Date for behalf of the Lessor. The Lessee's ’s effective exercise and consummation of the Remarketing Option shall be subject to the due and timely fulfillment of each of the following provisions as to the affected Property as of the dates set forth below.:

Appears in 1 contract

Samples: Master Lease (Electronics for Imaging Inc)

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