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 24.1, the Lessee shall have the option beginning on the second anniversary of the Start-Up Day (the "Remarketing Option") to market and complete the sale of the Property 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: Brookdale Living Communities Inc, Brookdale Living Communities Inc, Brookdale Living Communities Inc

AutoNDA by SimpleDocs

Option to Remarket. Subject to the fulfillment of each of the ------------------ conditions set forth in this Section 24.1, 24.1 the Lessee shall have the option ------------ beginning on the second anniversary of the Start-Up Day Date (the "Remarketing ----------- Option") to market and complete the sale of the Property 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: Brookdale Living Communities Inc

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.