Examples of Sale Notice in a sentence
Provided that Tenant is not then in material default of any obligation under this Lease at the time of its receipt of a Sale Notice (as defined below), should Landlord determine that it desires to sell any interest in the Leased Premises during the Term, Landlord shall deliver a written notice (“Sale Notice”) to Tenant describing such proposed sale, including the interest to be sold, the proposed purchase price, and the other material terms on which Landlord is, in good faith, prepared to make such sale.
Notwithstanding any other provision herein, if the County of Marin is not already the tenant under this Lease at the time Landlord serves a Sale Notice, the County of Marin may respond to the Sale Notice as if it were Tenant and the County of Marin may proceed to a purchase pursuant to the terms herein.
Tenant shall have twenty- one (21) days following delivery of the Sale Notice to respond by notifying Landlord, in writing, of its intent to negotiate a binding agreement for such sale with Landlord (“Tenant Response”).
Landlord shall serve any Sale Notice upon both Tenant and the County of Marin.
Holder may accept such redemption offer by written notice to the Note Obligors not later than five (5) Business Days after delivery of the Asset Sale Notice and the Note Obligors shall make payment on the redemption within three (3) Business Days of its receipt of such notice of acceptance.