Examples of Lease Option Agreement in a sentence
If the proposal includes a Lease Option Agreement in Section 6.2, the proposal shall include an acknowledgement that the proponent has read and accepts the Option terms in the Sample Option to Lease Agreement provided as an Exhibit to this RFP, or they shall specify any changes to the Option terms and include an explanation for the purpose of the change.An annual fee of not less than 1.5% of the land value will apply during the Option period.
A Lease Option Agreement has been signed between the City of Oxford and BQ Energy Development, LLC for approximately 20 acres of the city-owned closed municipal sanitary landfill.
Counties, townships or municipal/non-profit corporations that are exempted from property taxes under the Ohio Revised Code and will option to lease the property on a long-term basis must submit a Lease Option Agreement for a minimum term of 35 years.
The Parties hereby agree to amend the Third and Separate Montalva Lease Option Agreement as set forth herein.
Capitalized terms used herein and not otherwise defined shall have the meanings ascribed to such terms in the First and Separate Montalva Lease Option Agreement and any amendments thereto.