Common use of CONVEYANCE TO LESSEE Clause in Contracts

CONVEYANCE TO LESSEE. Unless (a) the Lessees shall have properly exercised the Purchase Option and purchased the Leased Properties pursuant to Section 14.1(a) or 14.1(b) hereof, or (b) the Lessees shall have properly exercised the Remarketing Option and shall have fulfilled all of the conditions of Section 14.6 hereof, then, subject to the terms, conditions and provisions set forth in this Article XIV, each Lessee shall purchase from Lessor, and Lessor shall convey to each Lessee, on the Lease Termination Date all of Lessor's interest in the Leased Properties leased to such Lessee. Any Lessee may designate, in a notice given to Lessor not less than ten (10) Business Days prior to the closing of such purchase, or any purchase pursuant to Section 14.1(a) or (b),(time being of the essence), the transferee to whom the conveyance shall be made (if other than to such Lessee), in which case such conveyance shall (subject to the terms and conditions set forth herein) be made to such designee; provided, however, that such designation of a transferee shall not cause any Lessee to be released, fully or partially, from any of its obligations under this Lease.

CONVEYANCE TO LESSEE. Unless (a) the Lessees Lessee shall have properly exercised the Purchase Option and purchased the Leased Properties pursuant to Section 14.1(a) or 14.1(b) hereof, or (b) the Lessees Lessee shall have properly exercised the Remarketing Option and shall have fulfilled all of the conditions of Section 14.6 hereof, then, subject to the terms, conditions and provisions set forth in this Article XIV, each Lessee shall purchase from Lessor, and Lessor shall convey to each Lessee, on the Lease Termination Date all of Lessor's interest in the Leased Properties leased to such LesseeProperties. Any Lessee may designate, in a notice given to Lessor not less than ten (10) Business Days prior to the closing of such purchase, or any purchase pursuant to Section 14.1(a) or (b),(time time being of the essence), the transferee to whom the conveyance shall be made (if other than to such Lessee), in which case such conveyance shall (subject to the terms and conditions set forth herein) be made to such designee; provided, however, that such designation of a transferee shall not cause any Lessee to be released, fully or partially, from any of its obligations under this Lease.

CONVEYANCE TO LESSEE. Unless (a) the Lessees Lessee shall have properly exercised the Purchase Option and purchased the Leased Properties Property pursuant to Section 14.1(a) or 14.1(b) SECTION 14.1 hereof, or (b) the Lessees Lessee shall have properly exercised the Remarketing Option or the Surrender Option and shall have fulfilled all of the conditions of Section SECTION 14.6 hereof, then, subject to the terms, conditions and provisions set forth in this Article ARTICLE XIV, each Lessee shall purchase from Lessor, and Lessor shall convey to each Lessee, on the Lease Termination Date all of Lessor's interest in the Leased Properties leased to such LesseeProperty. Any Lessee may designate, in a notice given to Lessor not less than ten (10) Business Days prior to the closing of such purchase, or any purchase pursuant to Section 14.1(a) or (b),(time time being of the essence), the transferee to whom the conveyance shall be made (if other than to such Lessee), in which case such conveyance shall (subject to the terms and conditions set forth herein) be made to such designee; providedPROVIDED, howeverHOWEVER, that such designation of a transferee shall not cause any Lessee to be released, fully or partially, from any of its obligations under this Lease.

CONVEYANCE TO LESSEE. Unless (a) the Lessees Lessee shall have properly exercised the Purchase Option and purchased the Leased Properties pursuant to Section 14.1(a) or 14.1(b) hereof, or (b) the Lessees Lessee shall have properly exercised the Remarketing Option or the Surrender Option and shall have fulfilled all of the conditions of Section 14.6 hereof, then, subject to the terms, conditions and provisions set forth in this Article XIV, each Lessee shall purchase from Lessor, and Lessor shall convey to each Lessee, on the Lease Termination Date all of Lessor's interest in the Leased Properties leased to such LesseeProperties. Any Lessee may designate, in a notice given to Lessor not less than ten (10) Business Days prior to the closing of such purchase, or any purchase pursuant to Section 14.1(a) or (b),(time time being of the essence), the transferee to whom the conveyance shall be made (if other than to such Lessee), in which case such conveyance shall (subject to the terms and conditions set forth herein) be made to such designee; provided, however, that such designation of a transferee shall not cause any Lessee to be released, fully or partially, from any of its obligations under this Lease.

CONVEYANCE TO LESSEE. Unless With respect to any Leased Property, unless (a) the Lessees a Lessee shall have properly exercised the Purchase Option and purchased the such Leased Properties Property pursuant to Section 14.1(a) or 14.1(b) 14.1 hereof, or (b) the Lessees related Lessee shall have properly exercised the Remarketing Option with respect to such Leased Property and shall have fulfilled all of the conditions of Section 14.6 hereofhereof with respect to such Leased Property, then, subject to the terms, conditions and provisions set forth in this Article XIV, each the related Lessee shall purchase from Lessor, and Lessor shall convey to each Lessee, on the Lease Termination Date all of Lessor's ’s interest in the such Leased Properties leased to such LesseeProperty. Any Lessee may designate, in a notice given to Lessor not less than ten (10) Business Days prior to the closing of such purchase, or any purchase pursuant to Section 14.1(a) or 14.1, (b),(time time being of the essence), the transferee to whom the conveyance shall be made (if other than to such Lessee), in which case such conveyance shall (subject to the terms and conditions set forth herein) be made to such designee; provided, however, that such designation of a transferee shall not cause any Lessee to be released, fully or partially, from any of its obligations under this Lease.

CONVEYANCE TO LESSEE. Unless (a) the Lessees shall have properly exercised the Purchase Option and purchased the Leased Properties pursuant to Section SECTION 14.1(a) or 14.1(b) hereof, or (b) the Lessees shall have properly exercised the Remarketing Option and shall have fulfilled all of the conditions of Section SECTION 14.6 hereof, then, subject to the terms, conditions and provisions set forth in this Article ARTICLE XIV, each Lessee shall purchase from Lessor, and Lessor shall convey to each Lessee, on the Lease Termination Date all of Lessor's interest in the Leased Properties leased to such Lessee. Any Lessee may designate, in a notice given to Lessor not less than ten (10) Business Days prior to the closing of such purchase, or any purchase pursuant to Section SECTION 14.1(a) or (b),(time being of the essence), the transferee to whom the conveyance shall be made (if other than to such Lessee), in which case such conveyance shall (subject to the terms and conditions set forth herein) be made to such designee; providedPROVIDED, howeverHOWEVER, that such designation of a transferee shall not cause any Lessee to be released, fully or partially, from any of its obligations under this Lease.

CONVEYANCE TO LESSEE. Unless (a) the Lessees Lessee shall have properly exercised the Purchase Option and purchased the Leased Properties Property pursuant to Section 14.1(a) or 14.1(b) 14.1 hereof, or (b) the Lessees Lessee shall have properly exercised the Remarketing Option or the Surrender Option and shall have fulfilled all of the conditions of Section 14.6 hereof, then, subject to the terms, conditions and provisions set forth in this Article XIV, each Lessee shall purchase from Lessor, and Lessor shall convey to each Lessee, on the Lease Termination Date all of Lessor's interest in the Leased Properties leased to such LesseeProperty in accordance with Section 14.5. Any Lessee may designate, in a notice given to Lessor not less than ten (10) Business Days prior to the closing of such purchase, or any purchase pursuant to Section 14.1(a) or (b),(time time being of the essence), the transferee to whom the conveyance shall be made (if other than to such Lessee), in which case such conveyance shall (subject to the terms and conditions set forth herein) be made to such designee; provided, however, that such designation of a transferee shall not cause any Lessee to be released, fully or partially, from any of its obligations under this Lease.

CONVEYANCE TO LESSEE. Unless (a) the Lessees Lessee shall have -------------------- properly exercised the Purchase Option and purchased the Leased Properties Property pursuant to Section 14.1(a) or 14.1(b) hereof), or (b) the Lessees Lessee shall have properly exercised --------------- the Remarketing Option and shall have fulfilled all of the conditions of Section 14.6 hereof, then, subject to the terms, conditions and provisions ------------ set forth in this Article XIV, each the Lessee shall purchase from the Lessor, ----------- and the Lessor shall convey to each the Lessee, on the Lease Termination Date all of the Lessor's interest in the Leased Properties Property leased to such the Lessee. Any The Lessee may designate, in a notice given to the Lessor not less than ten (10) Business Days prior to the closing of such purchase, or any purchase pursuant to Section 14.1(a) or ), (b),(time time being of the essence), the transferee to --------------- whom the conveyance shall be made (if other than to such the Lessee), in which case such conveyance shall (subject to the terms and conditions set forth herein) be made to such designee; provided, however, that such designation -------- ------- of a transferee shall not cause any the Lessee to be released, fully or partially, from any of its obligations under this Lease.

CONVEYANCE TO LESSEE. Unless (a) the Lessees Lessee shall have properly -------------------- exercised the Purchase Option and purchased the Leased Properties Property pursuant to Section 14.1(a) or 14.1(b) 14.1 hereof, or (b) the Lessees Lessee shall have properly exercised the Remarketing ------------ Option or the Surrender Option and shall have fulfilled all of the conditions of Section 14.6 hereof, then, subject to the terms, conditions and provisions set ------------ forth in this Article XIV, each Lessee shall purchase from Lessor, and Lessor shall ----------- convey to each Lessee, on the Lease Termination Date all of Lessor's interest in the Leased Properties leased to such LesseeProperty. Any Lessee may designate, in a notice given to Lessor not less than ten (10) Business Days prior to the closing of such purchase, or any purchase pursuant to Section 14.1(a) or (b),(time time being of the essence), the transferee to whom the conveyance shall be made (if other than to such Lessee), in which case such conveyance shall (subject to the terms and conditions set forth herein) be made to such designee; provided, however, that such designation of a -------- ------- transferee shall not cause any Lessee to be released, fully or partially, from any of its obligations under this Lease.

CONVEYANCE TO LESSEE. Unless (a) the Lessees Lessee shall have properly exercised the Purchase Option and purchased all of the Leased Properties pursuant to Section 14.1(a) or 14.1(b) hereof14.1, or (b) the Lessees Lessee shall have properly exercised the Remarketing Option and shall have fulfilled all of the conditions of Section 14.6 hereof, then, subject to the terms, conditions and provisions set forth in this Article XIV, each Lessee shall purchase from Lessor, and Lessor shall convey to each Lessee, on the Lease Termination Date all of Lessor's ’s interest in all of the Leased Properties leased to such LesseeProperties. Any Lessee may designate, in a notice given to Lessor not less than ten (10) Business Days prior to the closing of such purchase, or any purchase pursuant to Section 14.1(a) or 14.1 (b),(time time being of the essence), the transferee to whom the conveyance shall be made (if other than to such Lessee), in which case such conveyance shall (subject to the terms and conditions set forth herein) be made to such designee; provided, however, that such designation of a transferee shall not cause any Lessee to be released, fully or partially, from any of its obligations under this Lease.

CONVEYANCE TO LESSEE. Unless (a) the Lessees shall have properly exercised the Purchase Option and purchased the Leased Properties pursuant to Section 14.1(a) or 14.1(b) hereof, or (b) the Lessees shall have properly exercised the Remarketing Option and shall have fulfilled all of the conditions of Section 14.6 hereof, then, subject to the terms, conditions and provisions set forth in this Article XIV, each Lessee shall purchase from Lessor, and Lessor shall convey to each Lessee, on the Lease Termination Date all of Lessor's interest in the Leased Properties leased to such Lessee. Any Lessee may designate, in a notice given to Lessor not less than ten (10) Business Days prior to the closing of such purchase, or any purchase pursuant to Section 14.1(a) or (b),(time b), time being of the essence), the transferee to whom the conveyance shall be made (if other than to such Lessee), in which case such conveyance shall (subject to the terms and conditions set forth herein) be made to such designee; provided, however, that such designation of a transferee shall not cause any Lessee to be released, fully or partially, from any of its obligations under this Lease.

CONVEYANCE TO LESSEE. Unless (a) the Lessees Lessee shall -------------------- have properly exercised the Purchase Option and purchased the Leased Properties Property pursuant to Section 14.1(a) or 14.1(b) hereof), or (b) the Lessees Lessee shall have --------------- properly exercised the Remarketing Option and shall have fulfilled all of the conditions of Section 14.6 hereof, then, subject to the terms, ------------ conditions and provisions set forth in this Article XIV, each the Lessee ----------- shall purchase from the Lessor, and the Lessor shall convey to each the Lessee, on the Lease Termination Date all of the Lessor's interest in the Leased Properties Property leased to such the Lessee. Any The Lessee may designate, in a notice given to the Lessor not less than ten (10) Business Days prior to the closing of such purchase, or any purchase pursuant to Section 14.1(a) or ), (b),(time time being of --------------- the essence), the transferee to whom the conveyance shall be made (if other than to such the Lessee), in which case such conveyance shall (subject to the terms and conditions set forth herein) be made to such designee; provided, however, that such designation of a transferee shall not cause any -------- ------- the Lessee to be released, fully or partially, from any of its obligations under this Lease.

CONVEYANCE TO LESSEE. Unless (a) the Lessees shall have -------------------- properly exercised the Purchase Option and purchased the Leased Properties pursuant to Section 14.1(a) or 14.1(b) hereof14.1, or (b) the Lessees shall have properly exercised the ------------ Remarketing Option and shall have fulfilled all of the conditions of Section ------- 14.6 hereof, then, subject to the terms, conditions and provisions set forth in ---- this Article XIV, each the applicable Lessee shall purchase from Lessor, and Lessor ----------- shall convey to each such Lessee, on the Lease Termination Date all of Lessor's interest in the Leased Properties leased to such Lessee. Any Lessee may designate, in a notice given to Lessor not less than ten (10) Business Days days prior to the closing of such purchase, or any purchase pursuant to Section 14.1(a) or (b),(time 14.1,(time being ------------ of the essence), the transferee to whom the conveyance shall be made (if other than to such Lessee), in which case such conveyance shall (subject to the terms and conditions set forth herein) be made to such designee; provided, however, -------- ------- that such designation of a transferee shall not cause any Lessee to be released, fully or partially, from any of its obligations under this Lease.

CONVEYANCE TO LESSEE. Unless (a) the Lessees Lessee shall have properly exercised the Purchase Option and purchased the Leased Properties Property pursuant to Section 14.1(a) or 14.1(b) 14.1 hereof, or (b) the Lessees Lessee shall have properly exercised the Remarketing Option and shall have fulfilled all of the conditions of Section 14.6 hereof, then, subject to the terms, conditions and provisions set forth in this Article XIV, each the Lessee shall purchase from Lessor, and Lessor shall convey to each the Lessee, on the Lease Termination Date all of Lessor's ’s interest in the Leased Properties leased to such LesseeProperty. Any The Lessee may designate, in a notice given to Lessor not less than ten (10) Business Days prior to the closing of such purchase, or any purchase pursuant to Section 14.1(a) or 14.1 (b),(time time being of the essence), the transferee to whom the conveyance shall be made (if other than to such the Lessee), in which case such conveyance shall (subject to the terms and conditions set forth herein) be made to such designee; provided, however, that such designation of a transferee shall not cause any the Lessee to be released, fully or partially, from any of its obligations under this Lease.

CONVEYANCE TO LESSEE. Unless (ai) the Lessees Lessee shall have properly exercised the Purchase Option and purchased the Leased Properties Lessor's right, title and interest in the Property pursuant to Section 14.1(asubparagraph (a) or 14.1(b) hereofabove, or (bii) the Lessees Lessee shall have properly exercised the Remarketing Option and shall have fulfilled all of the conditions of Section 14.6 subparagraph (f) hereof, then, subject to the terms, conditions and provisions set forth in this Article XIVParagraph 19, each the Lessee shall purchase from the Lessor, and the Lessor shall convey to each the Lessee, on the Lease Termination Expiration Date all of the Lessor's right, title or interest in the Leased Properties leased to such LesseeProperty, free and clear of any Lessor Liens for the purchase price set forth in subparagraph (d) below. Any The Lessee may designate, in a notice given to the Lessor not less than ten (10) Business Days prior to the closing of such purchase, or any purchase pursuant to Section 14.1(asubparagraph (a) or above, (b),(time time being of the essence), the transferee to whom the conveyance shall be made (if other than to such the Lessee), in which case such conveyance shall (subject to the terms and conditions set forth herein) be made to such designee; provided, however, that such designation of a transferee shall not cause any the Lessee to be released, fully or partially, from any of its obligations under this Lease.

CONVEYANCE TO LESSEE. Unless With respect to any Leased Property, unless (a) the Lessees a Lessee shall have properly exercised the Purchase Option and purchased the such Leased Properties Property pursuant to Section 14.1(a) or 14.1(b) 14.1 hereof, or (b) the Lessees related Lessee shall have properly exercised the Remarketing Option with respect to such Leased Property and shall have fulfilled all of the conditions of Section 14.6 hereofhereof with respect to such Leased Property, then, subject to the terms, conditions and provisions set forth in this Article XIV, each the related Lessee shall purchase from Lessor, and Lessor shall convey to each Lessee, on the Lease Termination Date all of Lessor's interest in the such Leased Properties leased to such LesseeProperty. Any Lessee may designate, in a notice given to Lessor not less than ten (10) Business Days prior to the closing of such purchase, or any purchase pursuant to Section 14.1(a) or 14.1, (b),(time time being of the essence), the transferee to whom the conveyance shall be made (if other than to such Lessee), in which case such conveyance shall (subject to the terms and conditions set forth herein) be made to such designee; provided, however, that such designation of a transferee shall not cause any Lessee to be released, fully or partially, from any of its obligations under this Lease.

CONVEYANCE TO LESSEE. Unless (a) the Lessees shall have properly exercised the Purchase Option and purchased the Leased Properties pursuant to Section SECTION 14.1(a) or 14.1(b) hereof, or (b) the Lessees shall have properly exercised the Remarketing Option and shall have fulfilled all of the conditions of Section SECTION 14.6 hereof, then, subject to the terms, conditions and provisions set forth in this Article ARTICLE XIV, each Lessee shall purchase from Lessor, and Lessor shall convey to each Lessee, on the Lease Termination Date all of Lessor's interest in the Leased Properties leased to such Lessee. Any Lessee may designate, in a notice given to Lessor not less than ten (10) Business Days prior to the closing of such purchase, or any purchase pursuant to Section 14.1(a) or (b),(time time being of the essence), the transferee to whom the conveyance shall be made (if other than to such Lessee), in which case such conveyance shall (subject to the terms and conditions set forth herein) be made to such designee; providedPROVIDED, howeverHOWEVER, that such designation of a transferee shall not cause any Lessee to be released, fully or partially, from any of its obligations under this Lease.

CONVEYANCE TO LESSEE. Unless (a) the Lessees shall have -------------------- properly exercised the Purchase Option and purchased the Leased Properties pursuant to Section 14.1(a) or 14.1(b) hereof, or (b) the Lessees shall have --------------- ------- properly exercised the Remarketing Option and shall have fulfilled all of the conditions of Section 14.6 hereof, then, subject to the terms, conditions and ------------ provisions set forth in this Article XIV, each Lessee shall purchase from ----------- Lessor, and Lessor shall convey to each Lessee, on the Lease Termination Date all of Lessor's interest in the Leased Properties leased to such Lessee. Any Lessee may designate, in a notice given to Lessor not less than ten (10) Business Days prior to the closing of such purchase, or any purchase pursuant to Section 14.1(a) or (b),(time b) (time being of the essence), the transferee to whom the --------------- --- conveyance shall be made (if other than to such Lessee), in which case such conveyance shall (subject to the terms and conditions set forth herein) be made to such designee; provided, however, that such designation of a transferee shall -------- ------- not cause any Lessee to be released, fully or partially, from any of its obligations under this Lease.