Specialty Laboratories' Extended Right to Remarket Sample Clauses

Specialty Laboratories' Extended Right to Remarket. During Specialty Laboratories' Extended Remarketing Period, Specialty Laboratories shall have the right ("Specialty Laboratories' Extended Remarketing Right") to purchase or cause an Applicable Purchaser to purchase the Property. Specialty Laboratories' Extended Remarketing Right shall, however, be subject to all of the following conditions: (1) The Property shall not have been sold on the Designated Sale Date as provided in Paragraph 2 or within the thirty days thereafter as provided in subparagraph 3.(A). (2) Specialty Laboratories' Extended Remarketing Right shall not have been terminated pursuant to subparagraph 5.(C) because of Specialty Laboratories' failure to make any Supplemental Payment or 97-10/Prepayment. (3) Specialty Laboratories' Extended Remarketing Right shall not have been terminated by BNPPLC pursuant to subparagraph 5.(D) to facilitate BNPPLC's sale of the Property to a third party as described in subparagraph 3.(D). (4) Specialty Laboratories must provide a notice to BNPPLC (a "Notice of Sale") setting forth (i) the date proposed by Specialty Laboratories as the Final Sale Date (the "Proposed Sale Date"), which must be no sooner than thirty days after BNPPLC's receipt of the Notice of Sale and no later than the last Business Day of the Extended Remarketing Period, (ii) the full legal name of the purchaser (be it Specialty Laboratories or an Applicable Purchaser) and such other information as will be required to prepare the Sale Closing Documents, (iii) the amount of Specialty Laboratories' Target Price, if Specialty Laboratories has not previously notified BNPPLC of Specialty Laboratories' Target Price, and the cash price that will be tendered to BNPPLC for the Property (the "Committed Price"), and (iv) an affirmative, conspicuous statement as follows: (5) If the purchaser of the Property is to be Specialty Laboratories or an Affiliate of Specialty Laboratories, then the cash price to be paid to BNPPLC for the Property must be no less than the Must Sell Price, and the Proposed Sale Date must be no later than ninety days after the Designated Sale Date. (6) If the purchaser of the Property is not to be Specialty Laboratories or an Affiliate of Specialty Laboratories, the Committed Price must be no less than Specialty Laboratories' Target Price. Also, if the cash price to be paid to BNPPLC is less than the Must Sell Price or the Proposed Sale Date is more than ninety days after the Designated Sale Date, both Specialty Laboratories and the...
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