Common use of Purchase Option Exercise Notice Clause in Contracts

Purchase Option Exercise Notice. If Tenant desires to exercise the Purchase Option, Tenant shall deliver to Landlord and Administrative Agent thirty (30) days prior written notice ("Purchase Option Exercise Notice") of Tenant's election. If Tenant does not exercise the Termination Option with respect to any Parcel as provided in Section 20.2 below it shall be deemed to have exercised the Purchase Option with respect to such Parcel.

Appears in 1 contract

Sources: Master Lease of Land and Improvements (Adobe Systems Inc)

Purchase Option Exercise Notice. If Tenant desires to exercise the Purchase Option, Tenant shall deliver to Landlord and Administrative Agent thirty (30) days prior written notice ("Purchase Option Exercise Notice") of Tenant's election. If Tenant does not exercise the Termination Option with respect to any Parcel as provided in Section SECTION 20.2 below it shall be deemed to have exercised the Purchase Option with respect to such ParcelOption.

Appears in 1 contract

Sources: Sublease Agreement (Adobe Systems Inc)

Purchase Option Exercise Notice. If Tenant desires to exercise the Purchase Option, Tenant shall deliver to Landlord and Administrative Agent thirty (30) days prior written notice ("Purchase Option Exercise Notice") of Tenant's election. If Tenant does not exercise the Termination Option with respect to any Parcel as provided in Section 20.2 17.2 below it shall be deemed to have exercised the Purchase Option with respect to such ParcelOption.

Appears in 1 contract

Sources: Lease Agreement (Octel Communications Corp)

Purchase Option Exercise Notice. If Tenant desires to exercise the Purchase Option, Tenant shall deliver to Landlord and Administrative Agent thirty (30) days days’ prior written notice ("Purchase Option Exercise Notice") of Tenant's ’s election. If Tenant does not exercise the Termination Option with respect to any Parcel the Parcels as provided in Section 20.2 below it shall be deemed to have exercised the Purchase Option with respect to such Parcelthe Parcels.

Appears in 1 contract

Sources: Master Lease of Land and Improvements (Adobe Systems Inc)