TRANSFER TO THE DEVELOPER. In the event either of the Lessees has not exercised its option to purchase the Premises in accordance with Section 10 hereof, so long as there is no uncured Event of Default by Developer hereunder, upon expiration of the Lease Term, the Premises shall be conveyed to Developer pursuant to a limited warranty deed in the manner set forth in Section 14 of the Project Agreement. Developer shall procure and pay for all surveys, title searches, abstracts, title policies and Developer's legal services that may be required by Developer, and shall furnish at the Developer’s expense all tax payments required for the transfer of title.
Appears in 4 contracts
Samples: Garage Lease, Garage Lease, Garage Lease
