OPTION CONSIDERATION. As consideration for this Option to Purchase Agreement, the Buyer/ Tenant shall pay the Seller/Landlord a non-refundable fee of Dollars ($ ), receipt of which is hereby acknowledged by the Seller/Landlord. This amount shall be credited to the purchase price at closing if the Buyer/Tenant timely exercises the option to purchase, provided that the Buyer/Tenant: (a) is not in default of the Lease Agreement, and (b) closes the conveyance of the Property. The Seller/Landlord shall not refund the fee if the Buyer/Tenant defaults in the Lease Agreement, fails to close the conveyance, or otherwise does not exercise the option to purchase.
OPTION CONSIDERATION. In a rent-to-own agreement, the tenant pays consideration in exchange for the exclusive option to purchase the property. Specify if the consideration will be a portion of the monthly rent or a non-refundable upfront fee. Step 23 – Provide Purchase Deposit Details 29.
OPTION CONSIDERATION. (a) (i) Owner hereby grants to the Operating Partnership an option (the “Option”) to acquire Owner’s interest in the leasehold estate created by the Ground Lease and all hereditaments thereto and all of Owner’s assets (other than Excluded Assets) as of the Valuation Date (collectively, the “Assets”) for the Consideration determined in accordance with Section 2(b), subject to closing adjustments as provided herein.
OPTION CONSIDERATION. 41 Parent.........................................................................1
OPTION CONSIDERATION. Buyer/Tenant shall remit option consideration in the sum of $ to Seller/Landlord upon execution of this Option to Purchase Agreement, which amount is non-refundable. In the event Buyer/Tenant timely exercises this option, is not in default of the Lease Agreement and actually closes the conveyance of the Property, the option consideration shall be credited to the purchase price at closing. If Buyer/Tenant fail to exercise this option, defaults in the Lease Agreement or fails to close the conveyance, the option fee shall not be refunded.
OPTION CONSIDERATION. As consideration for this Option to Purchase agreement, the Buyer/s/ Tenant/s shall pay the Seller/ Landlord/ Landlady a non-refundable fee of ______________________________________(in words) _______________________ receipt of which is hereby acknowledged by the Seller/Landlord. This amount shall be credited to the purchase price at closing if the Buyer/s/Tenant/s timely exercises the option to purchase, provided that the Buyer/s/Tenant/s:
OPTION CONSIDERATION. For and in consideration of the Option herein granted, Optionee has paid, and Optionor hereby acknowledges receipt of, the sum of One Hundred Dollars and No/Cents ($100.00) (the “Option Consideration”). The Option Consideration is not refundable under any circumstances and may not be applied against any sums payable pursuant to the Acquisition Agreement.
OPTION CONSIDERATION. Tenant/Optionee shall pay Landord/Optionorthe amount of $10.00 (Ten Dollars) as fair and valuable non-refundable consideration. This consideration was paid on Should this Agreement be assigned, Assignee will pay Assignor of The Agreement nonrefundable option consideration of $ _ fortheabovepropertyand it willapplyinfulltowardsthepurchaseortowards funds toclose if theoption is exercised. Thisoptionconsideration waspaid on If the option to purchase is not exercised, for any reason, there will be no refund of any option consideration.
OPTION CONSIDERATION. 12 Options.........................................................................................................
OPTION CONSIDERATION. The consideration for the Option is the mutual promises and agreements set forth in the Purchase Agreements and herein.
