No Exercise. If Tenant does not elect to exercise its right of first refusal as set forth in Section 13.1, Landlord shall be free to sell and convey the Leased Property to the third party purchaser in accordance with the terms and provisions of the Offer. In the event that Landlord does not consummate the sale of the Leased Property to such purchaser, Tenant's right of first refusal under this Article 13 shall remain applicable to subsequent bonafide offers from third persons.
Appears in 2 contracts
Sources: Lease Agreement (Just Like Home Inc), Lease Agreement (Just Like Home Inc)
No Exercise. If Tenant does not elect to exercise its right of first refusal as set forth in Section 13.1ss.13.1, Landlord shall be free to sell and convey the Leased Property to the third party purchaser in accordance with the terms and provisions of the Offer. In the event that Landlord does not consummate the sale of the Leased Property to such purchaser, Tenant's right of first refusal under this Article 13 shall remain applicable to subsequent bonafide offers from third persons.
Appears in 1 contract
Sources: Lease Agreement (Balanced Care Corp)
No Exercise. If Tenant does not elect to exercise its right of first refusal as 33 35 set forth in Section 13.1, Landlord shall be free to sell and convey the Leased Property to the third party purchaser in accordance with the terms and provisions of the Offer. In the event that Landlord does not consummate the sale of the Leased Property to such purchaser, Tenant's right of first refusal under this Article 13 shall remain applicable to subsequent bonafide offers from third persons.
Appears in 1 contract