Option Lease definition

Option Lease means any lease entered into by the Company or any of its Restricted Subsidiaries in respect of any of the Option Properties.

Option Lease means a lease that gives the lessee the right to acquire title to or retain permanent possession of the leased goods by making a payment in addition to the payments required under the lease or by satisfying other specified conditions;

Option Lease means the further lease of the Premises for the further term specified in Item 7.

Examples of Option Lease in a sentence

• Building on the current Strategy, the County Council commissioned a comprehensive Carbon Emissions Baseline Study covering all of the County Council’s service areas, as part of its climate action plan.

• Buyer may elect to purchase the Conveyed Interest in and to each such Option Lease by written notification of such election delivered to Seller within five (5) Business Days after receiving written notice of the acquisition from Seller.

• The Conveyed Interest in any Option Lease that Buyer elects to purchase as provided in this Section 5.7(a) shall be referred to hereunder as a “New Lease”.

• In April 2022, Northland entered into an Option Lease Agreement with the Scottish government which provides the Company with development exclusivity over the two awarded sites for a period of up to 10 years.

• Only those Applicants whose Technical Proposals score 70 (Seventy) marks or more out of 100 (One hundred) shall be ranked as per score achieved by them, from highest to the lowest technical score (ST).

• No Security Deposit Option Lease Agreement: At approval, the Amount Due to Reserve Property equal to One Month of Advertised Rent will be required within 48 hours in certified funds.

• On November 5, 2011, the Company announced that it had signed a definitive Option Lease Agreement Gold Range Company LLC (GRC).

• This transaction was not just a sham because the Option Lease Agreements were expired.

• The Rent Amount for the Initial Lease, the Second Lease, the Option Lease, and any Expansion Lease shall be adjusted on each anniversary of the Execution Month as provided in Section 5.B of the Pipeline Lease Agreement (which is entitled “Base Rent Adjuster”).

• County Manager: Discussion and possible approval of an Option Lease Agreement between Apache County and Verizon Wireless for a cell tower located near Lyman Lake, A.P.N. 108-37-027.

More Definitions of Option Lease

Option Lease means an option for leased premises until commencement of the applicable Ground Lease.

Option Lease means a lease that gives the lessee the option of acquiring title to the leased goods by making a payment in addition to the periodic payments required under the lease; (“bail avec option”)

Option Lease shall have the meaning set forth in Section 5.1(b).