Option to Acquire Property. Owner hereby grants to County the right and option, but not the obligation, for the County of , to acquire fee title to the Property from Owner (“Option”), upon terms and subject to conditions set forth in this Agreement during the Option Term (as hereinafter defined). County will provide Owner written notification of the exercise of the Option not less than thirty (30) calendar days prior to the Option Expiration (as hereinafter defined).
Appears in 2 contracts
Sources: Occupancy Agreement, Occupancy Agreement