Examples of Option Property in a sentence
EXHIBIT E Legal Description of Option Property Public Safety Building: See Exhibit A.
The Closing on the purchase of the Option Property will occur within sixty (60) days after the Purchase Price is determined as provided above and shall be upon normal and customary terms.
The Offer shall further state that BUYER may acquire the Offered Option Property for the price and upon the terms and other conditions of the proposed sale to the Proposed Purchaser as set forth in the Bona Fide Offer.
Notwithstanding anything in this Agreement to the contrary, in no event shall the Right of First Refusal be applicable to the sale of any of SELLER’s other assets (i.e., other than the Option Property), unless such other assets are included together with all or any portion of the Option Property under the Bona Fide Offer.
The Option Facilities include the electric generation plant located on the Option Property, together with all associated real, personal and intangible property.