Examples of Option Price in a sentence
In addition to the Option Price, upon full execution of this Option Agreement, Optionee shall pay the District a non-refundable administrative fee of $15,000 (“Administrative Fee”) in consideration of the staff time and associated costs to the District associated with this Option and the Lease Agreement.
In the event that any provision of this Lease, other than the obligation of the County to pay Base Rentals or Additional Rentals and the Purchase Option Price hereunder and the obligation of the Trustee to provide quiet enjoyment of the Leased Property and to convey the Leased Property to the County pursuant to Article IX hereof, shall be held invalid or unenforceable by any court of competent jurisdiction, such holding shall not invalidate or render unenforceable any other provision hereof.