Future Purchase. Not withstanding the preceding terms of this lease agreement, the parties agree that at any time, and for a period of 12 months from when the Lessee vacates the leased parcel, the Lessee may approach the Lessor with an offer to purchase all or part of the “leased parcel”. The Lessee agrees that no offer to purchase an area for less than 1.0 acres would be made.
Appears in 2 contracts
Sources: Land Lease Agreement, Land Lease Agreement