Acquisition Requests Clause Samples
Acquisition Requests. Lessee shall request Lessor to make each Acquisition Advance under this Agreement by delivering to Agent an irrevocable written request in the form of Exhibit E, appropriately completed (an "Acquisition Request"), which specifies, among other things:
(i) The Tract(s) of Property to be purchased or Phase II Lease Agreement(s) to be terminated;
(ii) The amount of such requested Acquisition Advance, including the amount of the Acquisition Price(s) or of the Phase IIA Termination Payment or Phase IIB Termination Payment (individually, a "Phase II Termination Payment") and the Permitted Transaction Expenses included in such Acquisition Advance;
(iii) The date selected by Lessor as the Acquisition Date for such purchase or termination, which shall be, (A) in the case of the Acquisition Advances to purchase the Tract 2 Property and the Tract 3 Property and to pay the Phase II Termination Payments (the "Initial Acquisition Advances"), on the same date that is a Business Day on or prior to December 31, 1997 and (B) in the case of the Acquisition Advance to purchase the Tract 4 Property (the "Tract 4 Acquisition Advance"), on a date that is a Business Day on or prior to June 1, 1998; and
(iv) The Portions into which such Advance(s) is (are) to be divided and the Rental Period for each Portion.
Acquisition Requests. Lessee shall request Lessor to make each purchase of property under this Agreement by delivering to Agent an irrevocable written request in the form of Exhibit E, appropriately completed (an "Acquisition Request"), which specifies, among other things:
(i) The Facility under which such purchase is to be made;
(ii) The Property to be purchased;
(iii) The amount of the requested Acquisition Advance to be made for such property, including the amount of the Acquisition Price for such property and the Permitted Transaction Expenses included in such Acquisition Advance; and
(iv) The Acquisition Date for such property, which shall be a Business Day not later than October 31, 1997. (The Facility 1 Land and Facility 2 Improvements shall be acquired on the same Acquisition Date.)
Acquisition Requests. Lessee shall request Lessor to make each purchase of property under this Agreement by delivering to Agent an irrevocable written request in the form of Exhibit E, appropriately completed (an "Acquisition Request"), which specifies, among other things:
(i) The Facility under which such purchase is to be made;
(ii) The Tract of land and Appurtenant Rights thereto to be purchased, if such purchase is under Facility 1, or the Tract of land and Appurtenant Rights thereto and/or the Improvements to be purchased if such purchase is under Facility 2;
(iii) The amount of the requested Acquisition Advance to be made for such property, including the amount of the Acquisition Price for such property and the Permitted Transaction Expenses included in such Acquisition Advance; and
(iv) The Acquisition Date for such property, which shall be a Business Day.