Purchase of the Premises. The consummation of the transactions contemplated under the Real Estate Purchase and Sale Agreement shall occur simultaneously.
Purchase of the Premises. The Board hereby approves purchase from the County of the Premises, at a price to be determined by the President of the Building Corporation, which price shall not exceed the principal amount of the Bonds and shall not be less than the appraised value of the Premises.
Purchase of the Premises. The Owner shall have purchased good record, marketable fee simple title to the Premises as set forth in Section 1.1 by April 30, 1996.
Purchase of the Premises. The parties acknowledge that Landlord has granted Tenant certain rights to purchase the Premises pursuant to the terms and conditions set forth in Exhibit F attached hereto and incorporated herein. Any capitalized terms used in Exhibit F and not otherwise defined therein shall have the meaning set forth in this Lease.
Purchase of the Premises. If Tenant purchases the Premises from Landlord as provided in this Exhibit G, Landlord shall, upon receipt from Tenant of the Purchase Price, together with full payment of any unpaid Rent due and payable with respect to any period ending on or before the Close of Escrow, deliver to Tenant an appropriate special or limited warranty deed conveying the entire interest of Landlord in and to the Premises (a “Deed”) to Tenant free and clear of all encumbrances other than (i) those that Tenant has agreed hereunder to pay or discharge; (ii) those mortgage liens, if any, which Tenant has agreed in writing to accept and to take title subject to; (iii) those liens and encumbrances that were in effect on the Commencement Date; and (iv) any other encumbrances permitted hereunder to be imposed the Premises that are assumable at no cost to Tenant or to which Tenant may take subject without cost to Tenant or material interference with the use or operations of the Premises as permitted hereunder. The Purchase Price, less the total amount of the encumbrances assumed or taken subject to which can be satisfied by the payment of money, shall be paid to Landlord or as Landlord may direct in immediately available funds. All reasonable out-of-pocket expenses of such conveyance, including the cost of title insurance, reasonable attorneys’ fees incurred by Landlord in connection with such conveyance and release, transfer taxes and recording and escrow fees, shall be paid by Tenant.
Purchase of the Premises. LESSOR purchased the premises on which the Project was built as specified below:
Purchase of the Premises
