Examples of Offer to Lease in a sentence
PWGSC reserves the right to proceed with an Invitation to Offer to Lease by inviting only parties deemed to most effectively meet specific operational, security and public safety requirements.
In the event of the Lessee being a Company / Close Corporation, at the date of signature of this Offer to Lease then the Lessee warrants that its Directors / Shareholders / Members shall bind themselves as sureties and co- principal debtors in solidum with the Lessee for the due performance of the Lessee’s obligations, in terms of the Lessor’s standard Deed of Suretyship.
The Department of General Services, Financial Proposal, Offer to Lease Space to the State of Maryland” ( Attachment 1) constitutes the entirety of the Price Proposal that is required to be submitted.
Upon the expiration of the Lease Term and provided that Tenant has exercised each Extended Term and no Event of Default then exists beyond any applicable notice and cure period, Tenant shall have a right of first offer ("Tenant's Right of First Offer to Lease") to lease the Property upon the same terms and conditions as Landlord, at its election, intends to offer to lease the Property to a third party.
Tenant shall be entitled to exercise Tenant's Right of First Offer to Lease only if at the time of the giving of such notice and at the time of the commencement of the applicable term no Event of Default shall then exist and only if Landlord elects to lease the Property at the expiration of the Lease Term.