Examples of Fair Market Sale Value in a sentence
If any of the Property under an order is the subject of a Casualty and Lessee fails to properly repair it or acquire proper Replacement Property, Lessor may, at its option, terminate this Master Leasing Agreement as to the Property affected by the Casualty, and Lessee will be obligated to pay Lessor the Fair Market Sale Value for the affected Property as of the last payment made, plus any accrued Lease Payment from the date the last Lease Payment was made through the date of payment under this section.
To continue the ground lease in 2025 there are 5 options of 5 years or the buyer will also have the option to purchase the fee interest in the land at any time before June 30, 2025 or at any time thereafter for its Fair Market Sale Value.
The buyer will also have the option of purchasing the fee interest in the land on June 30, 2025, or at any time thereafter for its Fair Market Sale Value.