Option Payment. Concurrently with the execution of this Agreement, Tenant shall pay to Landlord the “Option Payment” in the amount of $ . The Option Payment is fully earned on execution of this Agreement, is the sole property of Landlord, and shall not be reimbursed to Tenant whether or not the Lease is executed or approved.
Appears in 3 contracts
Sources: Access and Option Agreement, Access and Option Agreement, Access and Option Agreement