Common use of Title Passage Clause in Contracts

Title Passage. a. As long as no Event of Default has occurred and is continuing, Lessee shall have the options to purchase all, but not part, of the Property at the end of Sixty (60) months (hereinafter called the “Mid-Term Option Date” and “Mid-Term Option”) or at the end of the Base Term or, subject to provisions of subsection (1) below, any extension thereof (hereinafter called the ‘End of Term Option Date” and “End of Term Option”).

Appears in 1 contract

Samples: Usbancorp Master Lease Agreement (MGP Ingredients Inc)

AutoNDA by SimpleDocs

Title Passage. a. As long as no Event event of Default default has occurred and is continuingunder the Lease, Lessee shall have the options options, to purchase all, but not part, of the Property at the end of Sixty sixty (60) months (hereinafter called the "Mid-Term Option Date", and "Mid-Term Option”) " or at the end of the Base Term or, subject to provisions of subsection (1) below, or any extension renewal thereof (hereinafter called the "End of Term Option Date" and "End of Term Option").

Appears in 1 contract

Samples: Master Lease Agreement (R B Rubber Products Inc)

Title Passage. a. As long as no Event event of Default default has occurred and is continuingunder the Lease, Lessee shall have the options options, to purchase all, but not part, of the Property at the end of Sixty (60) 24 months (on August 1, 1998) hereinafter called the "Mid-Term Option Date” D" and "Mid-Term Option”) " or at the end of the Base Term or, subject to provisions of subsection (1) below, or any extension renewal thereof (hereinafter called the "End of Term Option Date" and "End of Term Option").

Appears in 1 contract

Samples: For Aircraft Lease Agreement (Proflight Medical Response Inc)

Title Passage. a. As long as no Event event of Default default has occurred and is continuingunder the Lease, Lessee shall have the options options, to purchase all, but not part, of the Property at the end of Sixty (60) 60 months (on December 10, 2000) hereinafter called the "Mid-Term Option Date" and "Mid-Term Option”) " or at the end of the Base Term or, subject to provisions of subsection (1) below, or any extension renewal thereof (hereinafter called the "End of Term Option Date" and "End of Term Option").

Appears in 1 contract

Samples: R B Rubber Products Inc

AutoNDA by SimpleDocs

Title Passage. a. As long as no Event event of Default default has occurred and is continuingunder the Lease, Lessee shall have the options options, to purchase all, but not part, of the Property at the end of Sixty (60) 60 months (hereinafter called the "Mid-Term Option Date", and "Mid-Term Option”) " or at the end of the Base Term or, subject to provisions of subsection (1) below, or any extension renewal thereof (hereinafter called the "End of Term Option Date" and "End of Term Option").

Appears in 1 contract

Samples: Master Lease Agreement (R B Rubber Products Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.