Common use of Purchase of the Property Clause in Contracts

Purchase of the Property. Subject to the conditions contained herein, and without limitation of the Lessee's purchase obligation pursuant to Section 18.2 or 18.3, the Lessee shall have the irrevocable option on any Business Day to purchase any or all of the Properties subject to this Master Lease (the "Purchase Option") at a price equal to the aggregate Property Balances of the relevant Properties on the date of such purchase (the "Purchase Option Price"). The Lessee's exercise of its option pursuant to this Section 18.1 shall be subject to the following conditions:

Appears in 2 contracts

Samples: Participation Agreement (Mondavi Robert Corp), Construction Agency Agreement (Mondavi Robert Corp)

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Purchase of the Property. Subject to the conditions contained herein, and without limitation of the Lessee's purchase obligation pursuant to Section 18.2 or 18.3, the Lessee shall have the irrevocable option on any Business Day to purchase any or all (but not less than all) of the Properties subject to this Master Lease (the "Purchase Option") Property at a price (the “PURCHASE PRICE”) equal to the aggregate Property Balances of the relevant Properties Cost outstanding on the date of such purchase purchase, plus all accrued and unpaid Rent and all other amounts (including Break Costs (if any)) then due under the "Purchase Option Price"Operative Documents (all such amounts, in the aggregate, the “Property Balance”). The Lessee's ’s exercise of its option pursuant to this Section 18.1 shall be subject to the following conditions:

Appears in 1 contract

Samples: Lease (Adobe Systems Inc)

Purchase of the Property. Subject to the conditions contained herein, and without limitation of the Lessee's purchase obligation pursuant to Section 18.2 or 18.3, the Lessee shall have the irrevocable option on any Business Day to purchase any or all (but not less than all) of the Properties subject to this Master Lease Property at a price (the "Purchase OptionPrice") at a price equal to the aggregate Property Balances of the relevant Properties Cost outstanding on the date of such purchase purchase, plus all accrued and unpaid Rent and all other amounts (including Break Costs (if any)) then due under the "Purchase Option Price")Operative Documents. The Lessee's exercise of its option pursuant to this Section 18.1 shall be subject to the following conditions:

Appears in 1 contract

Samples: Lease (Adobe Systems Inc)

Purchase of the Property. Subject to the conditions contained herein, and without limitation of the Lessee's purchase obligation pursuant to Section 18.2 or 18.3, the Lessee shall have the irrevocable option on any Business Day to purchase any or all (but not less than all) of the Properties subject to this Master Lease (the "Purchase Option") Property at a price equal to the aggregate Property Balances of the relevant Properties Lease Balance on the date of such purchase (the "Purchase Option Price"). The Lessee's exercise of its option pursuant to this Section 18.1 shall be subject to the following conditions:

Appears in 1 contract

Samples: Trust and Security Agreement (Alumax Inc)

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Purchase of the Property. (a) Subject to the conditions contained herein, and without limitation of the Lessee's purchase obligation pursuant to Section 18.2 or 18.3, the Lessee shall have the irrevocable option on any Business Day to purchase any or all of the Properties Property subject to this Master Lease at a price (the "Purchase OptionPrice") at a price equal to the aggregate Property Balances of the relevant Properties Lease Balance on the date of such purchase purchase, plus Break Costs (the "Purchase Option Price"if any). The Lessee's exercise of its option pursuant to this Section 18.1 shall be subject to the following conditions:

Appears in 1 contract

Samples: Master Lease (Electronics for Imaging Inc)

Purchase of the Property. (a) Subject to the conditions contained herein, and without limitation of the Lessee's purchase obligation pursuant to Section 18.2 or 18.3, the Lessee shall have the irrevocable option on any Business Day to purchase any or all of the Properties Property subject to this Amended and Restated Master Lease (the "Purchase Option") at a price (the “Purchase Price”) equal to the aggregate Property Balances of the relevant Properties Lease Balance on the date of such purchase purchase, plus Break Costs (the "Purchase Option Price"if any). The Lessee's ’s exercise of its option pursuant to this Section 18.1 shall be subject to the following conditions:

Appears in 1 contract

Samples: Master Lease (Electronics for Imaging Inc)

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