Common use of Purchase Option Exercise Notice Clause in Contracts

Purchase Option Exercise Notice. If Tenant desires to exercise the Purchase Option, Tenant shall deliver to Landlord and Administrative Agent thirty (30) days’ prior written notice (“Purchase Option Exercise Notice”) of Tenant’s election. If Tenant does not exercise the Termination Option with respect to the Parcels as provided in Section 20.2 below it shall be deemed to have exercised the Purchase Option with respect to the Parcels.

Appears in 1 contract

Samples: Master Lease of Land and Improvements (Adobe Systems Inc)

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Purchase Option Exercise Notice. If Tenant desires to exercise the Purchase Option, Tenant shall deliver to Landlord and Administrative Agent thirty (30) days’ days prior written notice ("Purchase Option Exercise Notice") of Tenant’s 's election. If Tenant does not exercise the Termination Option with respect to the Parcels as provided in Section 20.2 17.2 below it shall be deemed to have exercised the Purchase Option with respect to the ParcelsOption.

Appears in 1 contract

Samples: Octel Communications Corp

Purchase Option Exercise Notice. If Tenant desires to exercise the Purchase Option, Tenant shall deliver to Landlord and Administrative Agent thirty (30) days’ days prior written notice ("Purchase Option Exercise Notice") of Tenant’s 's election. If Tenant does not exercise the Termination Option with respect to the Parcels as provided in Section SECTION 20.2 below it shall be deemed to have exercised the Purchase Option with respect to the ParcelsOption.

Appears in 1 contract

Samples: Adobe Systems Inc

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Purchase Option Exercise Notice. If Tenant desires to exercise the Purchase Option, Tenant shall deliver to Landlord and Administrative Agent thirty (30) days’ days prior written notice ("Purchase Option Exercise Notice") of Tenant’s 's election. If Tenant does not exercise the Termination Option with respect to the Parcels any Parcel as provided in Section 20.2 below it shall be deemed to have exercised the Purchase Option with respect to the Parcelssuch Parcel.

Appears in 1 contract

Samples: Participation Agreement (Adobe Systems Inc)

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