Memorandum of Option. Upon request of Purchaser, Seller agrees to execute a memorandum of option, in form and substance reasonably satisfactory to the Parties, suitable for recording, evidencing the granting of the Option herein contained. EXECUTED to be effective as of the date shown on the front cover hereof. PURCHASER: CCA PRISON REALTY TRUST By: /s/ Doctor R. Cxxxxx XXX -------------------------------------- Its: President ------------------------------------- Date: July 7, 1997 ------------------------------------- Purchaser's Tax Identification Number: 62-1000000 ---------- SELLER: corrections CORPORATION OF AMERICA By: /s/ Doctor R. Cxxxxx -------------------------------------- Its: Chairman of the Board and Chief Executive Officer ------------------------------------- Date: July 7, 1997 ------------------------------------- Seller's Tax Identification Number: 62-1000000 ---------- AGREEMENT OF TITLE COMPANY By its execution of this Agreement, the Title Company agrees to: (a) timely file a return with the Internal Revenue Service on Form 1099-B, Form 1099-S and/or such other form or forms as the Internal Revenue Service may by form or regulation require, and (b) furnish Purchaser with a written statement showing the name and address of the Title Company and the information shown on such form or forms with respect to Purchaser, and (c) comply with the provisions of the Agreement which are applicable to the Title Company. Such form or forms shall be filed in order that the parties to this transaction will be in compliance with Section 6045 of the Internal Revenue Code of 1986, as amended. Purchaser and Seller shall each provide their taxpayer identification numbers to the Title Company so that such information may be included in the form or forms filed by the Title Company. LAWYERS TITLE INSURANCE CORPORATION By: --------------------------------------- Name: ------------------------------------- Title: ------------------------------------ marquis
Memorandum of Option. At the Buyer’s request, the parties shall sign a Memorandum of Option in recordable form, to be recorded by Buyer. If such a Memorandum of Option is recorded and in the event Buyer does not exercise the Option within the term of this Agreement, Buyer shall, if requested to do so by Seller, record a document, which will eliminate any cloud on Seller's title to the Subject Property occasioned by the Memorandum.
Memorandum of Option. Concurrently with the execution of this Agreement Owner shall execute, acknowledge and deliver to Optionee a memorandum of option in the form attached as Schedule 1.3 (the “Option Memorandum”), which Option Memorandum may be recorded by Optionee in the Official Records of Los Angeles County, California (the “Official Records”). In the event Optionee records the Option Memorandum in the Official Records, Optionee shall be responsible for payment of all fees and taxes associated with such recording.
Memorandum of Option. Lessor agrees to execute a recordable Memorandum of this option to purchase upon request by Lessee.
Memorandum of Option. Optionor and BPI shall execute a memorandum of this option and record the same in the County Clerk and Recorder's Office in the county where the Minerals are located. All parties dealing with Optionor with respect to the Minerals shall deal and take any interest subject to the rights of BPI and the obligations of Optionor as set forth herein.
Memorandum of Option. The Memorandum of Option in the form attached hereto as Exhibit C.
Memorandum of Option. On the Effective Date, provided that Owner shall have received from Option Holder the Option Cash Consideration and the Option Shares, Option Holder, at its cost and expense, shall have the right to record the Memorandum of Option in Lxxxxxxx County, South Dakota. The Memorandum of Option shall not limit, increase or in any manner affect any of the terms of this Contract or any rights, interests or obligations of the Parties hereunder.
Memorandum of Option. The parties shall record within ten (10) days after execution of this Agreement by both parties hereto a short form memorandum of this Agreement in form reasonably satisfactory to both parties against title to the Property.
Memorandum of Option. Immediately following the execution of this Agreement by Optionor, the Memorandum of Option Agreement attached to this Agreement as Exhibit C shall be recorded by Optionor with the official records of Lassen County, California.
Memorandum of Option. At the Effective Date, the parties shall record a memorandum of option in the form attached hereto as Exhibit "D" (the "Memorandum of Option") to provide public notice that Optionee has obtained an Option to acquire the Property from Optionors.
