Examples of Remarketing Option in a sentence

The Lessee's effective exercise and consummation of the Remarketing Option shall be subject to the due and timely fulfillment of each of the following provisions as of the dates set forth below.
The Lessee's effective exercise and consummation of the Remarketing Option shall be subject to the due and timely fulfillment of each of the following provisions as to the Property as of the dates set forth below.
If the Lessees have exercised the Remarketing Option, the following additional provisions shall apply: During the period commencing on the date twelve months prior to the scheduled expiration of the Lease Term, one or more of the Lessees shall, as nonexclusive agent for Lessor, use commercially reasonable efforts to sell Lessor's interest in the Leased Properties and will attempt to obtain the highest purchase price therefor.
Subject to the fulfillment of each of the conditions set forth in this Section 14.6, the Lessees shall have the option to market all of, but not less than all of, the Leased Properties for Lessor (the "Remarketing Option").
Thereafter the Lessee shall pay Basic Rent (to the extent such Basic Rent (or any component thereof) is then due and owing) on (x) each Payment Date during the Term, (y) the date required under Section 24.1(i) in connection with the Lessee's exercise of the Remarketing Option, and (z) any date on which this Lease shall terminate.

More Definitions of Remarketing Option

Remarketing Option shall have the meaning provided in Section 20.3

Remarketing Option is defined in Section 24.1 of the Lease. ------------------ ------------

Remarketing Option has the meaning set forth in Section 21.1(a) of the Lease.

Remarketing Option has the meaning specified in Section 6.2 of the Lease.

Remarketing Option is defined in SECTION 15.6 of the Lease.

Remarketing Option. (as each such term is defined in Appendix A to the ADS Participation Agreement) as to the ADS Mortgaged Properties under the ADS Synthetic Lease, each of the ADS Synthetic Lease Documents is in full force and effect. Each of the representations and warranties of each of the Borrower and the ADS Lessees set forth in the ADS Participation Agreement is true and correct in all material respects. The execution, delivery and performance of the ADS Participation Agreement by each of the Borrower and the ADS Lessees do not and will not violate any provision of, or require any filing (other than the filings required under the Security Documents), registration, consent or approval under any law, rule, regulation, order, writ, judgment, injunction, decree, determination or award or any indenture, agreement, lease or instrument to which such Person is a party or by which they or their Properties may be bound or affected. All transactions contemplated by the ADS Participation Agreement consummated on or prior to the Closing Date have been consummated without amendment, waiver or modification of the terms thereof.