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 thirty (30) days prior written notice ("Purchase Option Exercise Notice") of Tenant's election. If Tenant does not exercise the Termination Option as provided in Section 17.2 below it shall be deemed to have exercised the Purchase Option.

Appears in 1 contract

Samples: Lease Agreement (Octel Communications Corp)

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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 prior written notice ("Purchase Option Exercise Notice") of Tenant's election. If Tenant does not exercise the Termination Option with respect to any Parcel as provided in Section 17.2 20.2 below it shall be deemed to have exercised the Purchase OptionOption with respect to such Parcel.

Appears in 1 contract

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

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

Appears in 1 contract

Samples: Sublease Agreement (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 17.2 20.2 below it shall be deemed to have exercised the Purchase OptionOption with respect to the Parcels.

Appears in 1 contract

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

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