Common use of Partial Purchase Option Clause in Contracts

Partial Purchase Option. At any time Lessee exercises the Partial Purchase Option with respect to any Parcel of Facility 1 Property hereunder, Lessee shall simultaneously exercise the same option with respect to the corresponding Parcel of the Facility 2 Property, if any, under the Facility 2 Purchase Agreement.

Appears in 1 contract

Sources: Participation Agreement (Novellus Systems Inc)

Partial Purchase Option. At any time Lessee exercises the Partial Purchase Option with respect to any Parcel of Facility 1 2 Property hereunder, Lessee shall simultaneously exercise the same option with respect to the corresponding Parcel of the Facility 2 1 Property, if any, under the Facility 2 1 Purchase Agreement.

Appears in 1 contract

Sources: Participation Agreement (Novellus Systems Inc)