Lease Options definition

Lease Options shall have the meaning assigned thereto in Section 3.2(c).
Lease Options has the meaning set forth in Section 3.30(b).
Lease Options shall have the meaning assigned thereto in Section 3.2(c). “Lease Required Estoppel” shall have the meaning assigned thereto in Section 3.4(b).

Examples of Lease Options in a sentence

  • No party has any purchase option, right of first refusal, right of first offer, right of reverter or similar right under such Leases (collectively, “Lease Options”), except those Tenants relating to the Lease Options referenced in Section 14.28 below, relating to the purchase of all or a portion of such Seller’s Property and listed on Schedule B attached hereto.

  • No Person has any Lease Options except those Ground Lessors relating to the Lease Options referenced in Section 14.28 below, relating to the purchase of all or a portion of such Seller’s Property and listed on Schedule B attached hereto.

  • Buyer (or its applicable Subsidiary) has the full right to exercise any Buyer Lease Options contained in the Buyer Leases on the terms and conditions contained therein and upon due exercise would be entitled to enjoy the full benefit of such options with respect thereto.

  • Lessee shall have the purchase and renewal options set forth on the End of Lease Options Addendum attached hereto and made a part hereof.

  • No party has any purchase option, right of first refusal, right of first offer or similar right under such Leases (collectively, “Lease Options”), except those Tenants relating to the Lease Options referenced in Section 14.29 below, relating to the purchase of all or a portion of such Seller’s Property.

  • Upon expiration of the Lease term, provided you are not in default, you shall have the option to purchase all but not less than all of the Equipment on the terms as indicated in the End of Lease Options checked off on the Lease.

  • At the conclusion of the term of this Lease, unless other selections are available under End Of Lease Option(s), LESSEE shall, at its expense, return the Equipment to LESSOR, properly packaged or crated, in good condition and repair, in working order, ordinary wear and tear permitted, at the address of LESSOR above, or such other location as LESSOR shall direct.

  • If the LESSEE fails to return the Equipment to LESSOR, for any reason whatsoever, (unless LESSEE has exercised its End Of Lease Options, with all or part of the security deposit being applied thereto), LESSOR shall retain LESSEE'S Security deposit in partial consideration thereof.

  • Subtenant shall have no right whatsoever in any Master Lease Option and Sublandlord shall have the sole and absolute discretion regarding its exercise of its Master Lease Options.

  • In the event that the Borrower fails to provide such evidence to the Agent in a timely fashion, the Agent shall be authorized to exercise the rights provided for in the Escrow Agreement Respecting Ground Lease Extensions and Lease Options with respect thereto.


More Definitions of Lease Options

Lease Options. Lease Options" means, with respect to a Prospect or Additional Prospect the option, or options, to acquire oil, gas and mineral leases, and/or any oil, gas and mineral lease(s) which Texoil owns, or has the right to own, and any permit(s) appertaining thereto.
Lease Options. Two (2) further terms of twenty five (25) years each. • The Lessee must elect to exercise the Option, no later than 180 days prior to the expiry date of the Lease. • If all of the options are exercised by the Lessee, the Lessor grants to the Lessee a right of first refusal in respect of any further lease after the end of the option periods. • If the Lessor intends to sell the Premises, a Right of First Refusal shall be offered to the Lessee to buy. Rent Review: • The Rent will be increased 4% each year on the anniversary of the Start Date (subject to Market Rent Review section).
Lease Options has the meaning specified in Section 4.21(iv). “Leased Real Property” means all real property and interests therein leased, subleased or otherwise occupied or used by any Issuer Party. “Leases” has the meaning specified in Section 4.21. “Liability” of a Person means any obligation (contractual, legal or otherw ise) or other liability of such Person, whether absolute, accrued, unaccrued, contingent, fixed or otherwise, whether known or unknown, and whether due or to become due. “Licensed Database” means any Computer Database owned by another Person and licensed to or otherwise used by any Issuer Party in connection with the Business. “Licensed Software” means any Computer Software owned by another Person and licensed to or otherwise used by any Issuer Party in connection with the Business, except for Off-the-Shelf Software. “Lien” means any mortgage, deed of trust, pledge, hypothecation, encumbrance, security interest, charge, option, warrant, right of first refusal, adverse claim, community property interest, equitable interest,
Lease Options has the meaning specified in Section 4.16(iv).
Lease Options. Two (2) ten-year options to extend the Lease Term.

Related to Lease Options

  • Purchase Option As defined in Section 3.18(c).

  • Purchase Option Price means the amount payable by a Lessee upon the exercise of its option to purchase a related 2024-1 Vehicle which amount equals (a) with respect to a Matured Vehicle, the Contract Residual Value plus any fees, taxes and other charges imposed in connection with such purchase and (b) with respect to a related 2024-1 Vehicle for which the related 2024-1 Lease has been terminated early by the Lessee, the sum of (i) any unpaid Monthly Payments due, (ii) any fees, taxes and other charges imposed in connection with the related 2024-1 Lease, (iii) an early termination fee and (iv) the Actuarial Payoff.