Sale of Real Estate Assets Sample Clauses

Sale of Real Estate Assets. Sellers shall, and shall cause the Operating Companies to, use commercially reasonable efforts to consummate a sale of the real estate assets of the Operating Companies, the gross proceeds of which sale Sellers expect to be approximately R$20.0 million.

Sale of Real Estate Assets. Notwithstanding any other provision of this Lease, Lessor shall not be required to sell or transfer the Leased Property, or any portion thereof, which is a real estate asset as defined in Section 856(c)(6)(B), or functionally equivalent successor provision, of the Code, to Lessee if Lessor's counsel advises Lessor that such sale or transfer may not be a sale of property described in Section 857(b)(6)(C), or functionally equivalent successor provision, of the Code. If Lessor determines not to sell such property pursuant to the above sentence, Lessee's right, if any, to purchase any or all of such property shall continue and be exercisable, upon and subject to all applicable terms and conditions set forth in this Lease, including without limitation the provisions of Article XXXV, at such time as the transaction, upon the advice of Lessor's counsel, would be a sale of Property described in Section 857(b)(6)(C), or functionally equivalent successor provision, of the Code, and until such time Lessee shall lease the Leased Property from Lessor at Fair Market Rental. ARTICLE XLI