Purchase Option Notice definition

Purchase Option Notice. As defined in Section 3.18(e).
Purchase Option Notice shall have the meaning assigned to such term in Section 9(a) hereof.
Purchase Option Notice is defined in Section 2.4(b) of the Purchase and Sale Agreement

Examples of Purchase Option Notice in a sentence

  • No Work-out Fee shall be payable to the Special Servicer if the Mezzanine Lender purchases the Mortgage Loan pursuant to the Intercreditor Agreement within 90 days of the date on which the Purchase Option Notice is first delivered to the Mezzanine Lender.


More Definitions of Purchase Option Notice

Purchase Option Notice has the meaning provided in Section 13(a) hereof.
Purchase Option Notice shall have the meaning provided in Section 5(a).
Purchase Option Notice has the meaning given to such term in Section 4.12.
Purchase Option Notice shall have the meaning assigned to such term in Section 19(d).
Purchase Option Notice has the meaning provided in Section 13(a) hereof. “Qualified Manager” shall mean a property manager of the Premises which (A) is a reputable management company having at least five (5) years’ experience in the management of properties with similar uses as the Premises and in the jurisdiction in which the Premises are located, (B) has, for at least five (5) years prior to its engagement as property manager, managed at least (5) properties of the same property type as the Premises, and (C) is not the subject of a bankruptcy or similar insolvency proceeding.
Purchase Option Notice means a written notice (in such form as the Owners and the Charterers may agree) which the Charterers may deliver to the Owners for the purpose of the Charterers exercising the Purchase Option.
Purchase Option Notice. As defined in the Intercreditor Agreement.