Common use of Tenant’s Notice Clause in Contracts

Tenant’s Notice. Tenant may exercise its Purchase Option by giving Landlord written Notice of Tenant’s intent to purchase the Fee Estate and the desired closing date for the purchase (the “Closing Date”), which shall not be more than sixty (60) days after the date of the Notice (the “Option Exercise Notice”). The Option Exercise Notice shall be accompanied by (a) an MAI appraisal from the Valuation Consultant showing the Market Value for the Fee Estate, and (b) three (3) counterparts of an escrow agreement, in customary form (the “Escrow Agreement”), naming a nationally recognized title company as escrow agent (“Escrow Agent”) and Landlord and Tenant as the other parties, all executed by Escrow Agent and Tenant.

Tenant’s Notice. Tenant may exercise its Purchase Option by giving Landlord written Notice of Tenant’s intent to purchase the Fee Estate and the desired closing date for the purchase (the “Closing Date”), which shall not be more than sixty (60) days after the date of the Notice (the “Option Exercise Notice”). The Option Exercise Notice shall be accompanied by (a) an MAI appraisal from the Valuation Consultant a mutually agreeable third-party valuation consultant showing the Market Value for the Fee Estate, and (b) three (3) counterparts of an escrow agreement, in customary form (the “Escrow Agreement”), naming a nationally recognized title company as escrow agent (“Escrow Agent”) and Landlord and Tenant as the other parties, all executed by Escrow Agent and Tenant.

Tenant’s Notice. Tenant may exercise its Purchase Option by giving Landlord written Notice notice of TenantXxxxxx’s intent to purchase the Fee Estate and the desired closing date for the purchase (the “Closing Date”), which shall not be more than sixty (60) days after the date of the Notice notice (the “Option Exercise Notice”). The Option Exercise Notice shall be accompanied by (a) an MAI appraisal from the Valuation Consultant [ ● ]4 showing the Market Value for the Fee Estate, and (b) three (3) counterparts of an escrow agreement, in customary form (the “Escrow Agreement”), naming a nationally recognized title company as escrow agent (“Escrow Agent”) and Landlord and Tenant as the other parties, all executed by Escrow Agent and Tenant.