District’s Purchase Option. 5.1. If the District is not then in uncured Default hereunder, the District shall have the option to purchase not less than all of the Project in its “as-is, where-is” condition and terminate this Facilities Lease and Site Lease by paying the total remaining unpaid Lease Payments as of the date the option is exercised (“Option Price”).
Appears in 3 contracts
Samples: Facilities Lease, Facilities Lease, Lease Leaseback Agreement
District’s Purchase Option. 5.1. If the District is not then in uncured Default hereunder, the District shall have the option to purchase not less than all of the Project in its “as-is, where-is” condition and terminate this Master Facilities Lease and Site Lease by paying the total remaining unpaid Lease Payments as of the date the option is exercised (“Option Price”).
Appears in 3 contracts
Samples: Master Facilities Lease, Master Facilities Lease, Master Facilities Lease
District’s Purchase Option. 5.16.1. If the District is not then in uncured Default hereunder, the District shall have the option to purchase not less than all of the Project in its “as-is, where-is” condition and terminate this Facilities Lease and Site Lease by paying the total remaining unpaid of any Lease Payments due for the remainder of the Term as of the date the option is exercised (“Option Price”).
Appears in 1 contract
Samples: Master Site Lease
District’s Purchase Option. 5.1. 5.1 If the District is not then in uncured Default hereunder, the District shall have the option to purchase not less than all of the Project in its “as-is, where-is” condition and terminate this Facilities Lease and Site Lease by paying the total remaining unpaid of any Lease Payments due for the remainder of the Term as of the date the option is exercised (“Option Price”).
Appears in 1 contract
Samples: Facilities Lease