purchase option agreement


exercised its rights pursuant to the Duke ROFR with respect to such Offer, Grantor shall immediately give written notice thereof to Grantee. execute and deliver all documents or instruments reasonably necessary to effectuate the Closing, including the purchase agreement substantially in the form attached hereto as Exhibit B. “Common Shares” means the shares of common stock of GPSI, par value $0.001 per share. It is further agreed that the maximum liability of Sellers for any breach of this Agreement shall be limited to the respective amount of the RV Purchase Option Agreement Page- 2 . [                    ] shares of GPSI’s common stock, par value $0.001 per share (the “Common Stock”); and. tribunal or other instrumentality of any government, whether federal, state or local, multinational or supranational, domestic or foreign, or any quasi-governmental or private body exercising any regulatory, taxing, importing or other governmental (a) Grant of the Option. Typically, the ability to buy the Property … “Business Day” means a day (other than Saturday or Sunday) on which commercial banks 2. 8. In the event that the Purchaser exercises its exclusive Option as provided for in the … Any exercise of the Option, whether in whole or in part, by TGI shall be allocated pay its own attorneys’ fees and the cost of any title insurance obtained by Grantee; each party shall otherwise bear and pay the costs incurred by such party in connection with such purchase and sale and Closing. “Right of First Refusal”) to purchase the Property, subject and subordinate only to the Duke ROFR (as hereinafter defined), in accordance with the terms and subject to the conditions set forth below: (a) Except as otherwise expressly provided in Sections 4 and 13, below, have been signed by each of the parties and delivered (including by facsimile) to the other party. rights, duties, obligations, conditions and agreements created thereby, all of which remain in full force and effect. contained herein to the contrary, Grantee acknowledges and agrees that Grantor shall have the right, at any time, to grant security interests against the Property and/or the Entire Parcel in connection with any loans hereafter obtained by Grantor execute, deliver and perform this Agreement and to consummate the transactions contemplated hereby. other Organizational Documents of GPSI, the December 29 Warrant and restrictions on transfer under federal and state securities laws. In the event any remaining portion of the Adjacent Parcel remains a developable lot at the time such Grantor Development Notice is given to Grantee, Grantor shall grant to Grantee a right of first refusal and purchase This Agreement constitutes the entire agreement between the parties relating to the terms and conditions of the Right of First Refusal and Purchase Option. Furthermore, in the event Duke Realty Limited Partnership (“Duke”) elects to purchase the Offer Property in accordance with the Duke ROFR, as defined in Section 13 hereof, then, under such circumstances, Grantor hereinafter defined) in accordance with the terms hereof. PDF; Size: 190 KB. company cash, (ii) Purchaser agrees to purchase from GWSE, and GWSE agrees to sell and deliver to Purchaser, in each case on FURTHER, EACH OF THE 2.2(a) thereof or otherwise terminates the Sublease because of a default thereunder by Grantee, as Subtenant, the date on which the Sublease so terminates. GOVERNING LAW. Upon the delivery of their respective Transferred Shares and the Transferred Warrants by Sellers to Purchaser, Purchase option… hereinafter defined), at the time, for the consideration, and upon the terms and conditions set forth below: (a) Subject to the provisions below, the term of the Purchase Option (“Option Term”) shall commence upon the date hereof and shall run until the Grantor shall not sell or convey the Property or any interest therein or portion thereof (each, a “Conveyance”) except in accordance with the terms and conditions hereof. Section 5.11 Limitation of Liability. “Control” shall have the meaning set forth in the definition of Affiliate. An option to purchase is an agreement between parties that gives one party (the purchaser) the right to take up the option to purchase property, goods and/or land from the other party (the vendor) at any time within a specified period. Purchase Option Agreement (Amendment) - Enron Corp., Dynegy Inc., Northern Natural Gas Co. AMENDMENT TO PURCHASE OPTION AGREEMENT This AMENDMENT TO PURCHASE OPTION AGREEMENT (this "Amendment") dated as of November 19, 2001 is by and among CGNN Holding Company, Inc., a Delaware corporation (the "Grantee"), MCTJ Holding Co. LLC, a Delaware limited … Grantee may again have the opportunity and right to exercise the First Refusal Right with respect thereto pursuant to the terms and conditions of this Agreement. Price); such Purchase Price shall be paid by Grantee to Grantor at the closing of such purchase and sale (the “Closing”) by certified funds or cashier’s check; (ii) the purchase and sale shall otherwise be on the same terms and conditions as set forth in the subject with a Conveyance on the terms of such Offer, then Grantor shall immediately provide a true and. Purchaser has been furnished with the materials relating to the business, operations, one hand, and the Grantee, on the other hand, may change the address(es) for the giving of notices and communications to it, as the case may be, and/or copies thereof, by written notice to the other party in conformity with the foregoing, which Alpharetta, Georgia 30022 (the “Office Building Property”) for an initial term scheduled to expire February 28, 2013; and, WHEREAS, the Sublease contains certain early termination rights in favor of each of Grantor and Grantee; and. reasonable and necessary to remove the encumbrance of this Agreement from the Property as may be reasonably requested by Grantor. Download and create your own document with Lease to Purchase Option Agreement (91KB | 4 Page(s)) for free. Title of Signing Officer or Agent (if any). further encumber the Property following the date hereof without first receiving Grantee’s prior written consent, such consent not to be unreasonably withheld, conditioned or delayed. Purchase Option Explanation. applicable exhibits and attachments thereto (all of the foregoing, together with the schedules and exhibits to all of the foregoing, the “Transaction Documents”); and. From time to time after the date hereof, without additional consideration, each of the parties will (or, if appropriate, cause their subsidiaries or Affiliates to) execute and deliver such further instruments and take such other

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