LESSEE'S OPTIONS. Not later than 360 days nor earlier than 390 days in the case of the Sale Option or not later than 120 days nor earlier than 150 days in the case of the Purchase Option prior to the last day of the Lease Term, Lessee shall, by delivery of written notice to Agent and the Lessor, exercise one of the following options:
LESSEE'S OPTIONS. This listing represents changes assumed to accommodate the desired Lessee configuration and is subject to confirmation on availability and agreed effect on lease pricing and delivery schedule.
LESSEE'S OPTIONS. So long as all amounts due Lessor have been paid and no Event of Default has occurred and is continuing, Lessee may, upon at least sixty (60) days advance written notice to Lessor, have the option at the expiration of the Minimum Term to: (i) purchase the Equipment at fair market value; (ii) continue the Lease as provided in Paragraph 3 of this Lease; or (iii) return the Equipment to Lessor as provided in Paragraph 22 herein. So long as all amounts due Lessor have been paid and no Event of Default has occurred and is continuing, Lessee may, upon at least sixty (60) days advance written notice to Lessor, have the option at the expiration of the Scheduled Lease Term to: (i) purchase the Equipment at the Purchase Option Amount specified on the applicable Schedule A or if no such amount is specified, at fair market value; (ii) renew the Lease as provided in Paragraph 2 herein; or (iii) return the Equipment to Lessor as provided in Paragraph 22 herein. As used in this Paragraph 23, Equipment shall mean all, but not less than all, of the Equipment described in any Schedule A.
LESSEE'S OPTIONS. Not later than 270 days prior to the last day of the Base Term or any Renewal Term then in effect, Lessee shall, subject to SECTION 11.2, by delivery of written notice to Trustee and Administrative Agent (on behalf of the Certificate Purchasers) exercise one of the following options (PROVIDED that Lessee may not exercise the Renewal Option if such exercise would result in more than two Renewal Terms):
LESSEE'S OPTIONS. (a) In addition to its rights under SECTIONS 10 and 31 hereof, Lessee shall elect either (i) by notice given not less than twelve (12) months prior to the Expiration Date to purchase all, but not less than all, of the Premises on the Expiration Date in accordance with the procedures set forth in SECTION 32 hereof; (ii) subject to the satisfaction of the conditions set forth in SECTION 33.1(B) below, by notice given not less than twelve (12) months prior to the Expiration Date, to surrender the Premises as of the Expiration Date and pay Lessor on the Expiration Date, in addition to any Basic Rent, Additional Rent and any other amounts then due and payable to the Lessor hereunder a residual guaranty payment for each Property included within the Premises in an amount equal to the aggregate principal amount of the A-Note Advances made with respect to such Property then outstanding (collectively, the "RESIDUAL GUARANTY AMOUNT"); or (iii) subject to the conditions set forth in SECTION 33.3 hereof, by notice given not less than twelve (12) months prior to the Expiration Date, to request an extension of the Lease for the Extended Term with respect to all, but not less than all, of the Premises; or (iv) by notice given not less than twelve (12) months prior to the Expiration Date, sell the Premises on behalf of Lessor.
LESSEE'S OPTIONS. Not later than 360 days prior to the last day of the Base Period or any Renewal Term then in effect, Lessees shall, by delivery of written notice from Lessees' Representative to Agent and the Lessors, exercise one of the following options (provided that paragraph (a) below shall not be applicable (i) with respect to Group A Vehicles in the third Renewal Term and (ii) with respect to Group B Vehicles in the fourth Renewal Term):
LESSEE'S OPTIONS. Not later than 360 days prior to the last day of the Base Term or any Renewal Term then in effect for each Schedule, Lessee shall by delivery of written notice to Lessor exercise one of the following options (provided that paragraph (a) below shall not be applicable with respect to the last Renewal Term applicable to any Unit): (a) renew this Lease with respect to all, but not less than all, of the Units then subject to such Schedule for an additional one year Renewal Term (the "Renewal Option") on the terms and conditions set forth herein; or (b) purchase for cash for the Purchase Option Exercise Amount all, but not less than all, of the Units then subject to such Schedule on the last day of the Base Term or Renewal Term with respect to which such option is exercised (the "Fixed Price Purchase Option"); or (c) sell on behalf of Lessor for cash to a purchaser or purchasers not in any way affiliated with Lessee all, but not less than all, of the Units then subject to such Schedule on the last day of the Base Term or of any Renewal Term then in effect with respect to which such option is exercised (the "Sale Option"). Simultaneously with a sale pursuant to the Sale Option, Lessee shall pay to Lessor, from the gross proceeds of sale of Units subject to such Schedule, without deductions or expense reimbursements (the "Proceeds"), the Schedule Balance with respect to such Schedule as of the termination date (as determined after any payment of Rent on such date). If the Proceeds exceed the Schedule Balance for such Schedule together with all other amounts owed by Lessee under the Lease but do not exceed the Lease Balance, the excess will be retained by Lessor to secure the remaining obligations of Lessee under the Lease. If the Proceeds exceed the Lease Balance, together with all other amounts owed by Lessee under the Lease, Lessee will retain the portion of the Proceeds in excess thereof. If the Proceeds are less than the applicable Schedule Balance as of such date, Lessee will pay or will cause to be paid to Lessor on the termination date in addition to all other amounts owed under the Lease: (i) the Proceeds; and (ii) at Lessor's option either: (x) the Applicable Percentage Amount with respect to such Schedule or (y) the Recourse Deficiency Amount with respect to such Schedule (the amount determined pursuant to this clause (ii) shall be referred to as the "Sale Recourse Amount" as to any Schedule); provided that in no event shall the Sale Recourse Amount exce...
LESSEE'S OPTIONS. Lessor and Lessee agree that, notwithstanding terms contained in the Lease to the contrary, so long as no Event of Default has occurred and is continuing, at the expiration of the Minimum Term Lessee shall have the option: (i) to purchase the Equipment at fair market value, (ii) Continue the Lease as provided in Paragraph 3 of this Lease, or (iii) return the Equipment to Lessor as provided in Paragraph 22 herein. At the expiration of the Scheduled Lease Term, Lessee shall have the option to (i) purchase the equipment at fair market value or at the Purchase Option Amount specified on the applicable Schedule A; (ii) renew the Lease as provided in Paragraph 2 herein, or (iii) return the Equipment to Lessor as provided herein.
LESSEE'S OPTIONS. Not later than 360 days nor earlier than 390 days in the case of the Sale Option or not later than 120 days nor earlier than 150 days in the case of the Renewal Option or the Purchase Option prior to the last day of the Base Term or any Renewal Term, Lessee shall, by delivery of written notice to Agent and the Lessor, exercise one of the LSI Logic Trust No. 2001-A Lease Intended as Security following options; provided, however, that Lessee may not exercise the Renewal Option if such exercise would result in more than two (2) Renewal Terms in the aggregate:
LESSEE'S OPTIONS. Not later than 180 days prior to the Expiration Date then in effect with respect to any Lease Supplement, Lessee shall, by delivery of written notice to Agent and Lessor, exercise one of the following options, subject to the requirements and limitations of Section 11.2:
