Common use of Sale Option Clause in Contracts

Sale Option. If no Lease Default or Lease Event of Default ----------- shall have occurred and be continuing, then Lessee may cause all (but not less than all) Systems that are subject to a Lease Supplement to be sold on the last day of the applicable Lease Supplement Term for cash to a purchaser or purchasers not affiliated in any way with Lessee (the "Sale Option") in ----------- accordance with Sections 4.4 and 4.5. In the event Lessee timely elects the ------------ --- Sale Option, Lessee shall pay to Lessor on the last day of the applicable Lease Supplement Term, as Supplemental Rent or Base Rent, as applicable, the amounts determined in accordance with Sections 4.5(c) and 4.5(d). --------------- ------