lease option terms

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More than 10.000 documents for lease option terms
  • RANCHO CUCAMONGA - The Quakes, which has called Rancho Cucamonga home since 1992, will stick around for at least another decade. After eight months of negotiations, the City Council on Wednesday approved the amended lease with the minor league baseball team, ensuring the Quakes will remain at the Epicenter until 2021. There will be an option to renew the lease for two five-year terms.

  • Trial court did not abuse its discretion in requiring strict compliance with the terms of an option to purchase contained in a lease agreement where failure to provide timely notice prejudiced lessor.

  • Both Old Navy stores underperformed for parent company Gap Inc., forcing a corporate decision to close one, said Michael Sullivan, senior vice president of asset management for Ramco Gershenson. Longtime tenant Party Tree has hung onto its 17,000-square-foot space, and even exercised an option to continue its lease two years before contract terms required it to, noted Mike McBride, Ramco Gershenson's regional vice president of asset management.

  • ... give the court any authority to modify the terms of the lease agreement. Thus, if the trustee assum... agreement, the trucking company has the option to purchase the vehicle for its fair market value ...

  • BANGOR - A land deal that will bring at least 30 jobs to the area received a unanimous thumbs up Monday night from city councilors. Under the terms of a lease and purchase option approved during a council meeting at City Hall, Maine Marine Manufacturing LLC will develop a shipyard at Stearn's Pit, located at Turtle Head Marina on the Penobscot River. Maine Marine Manufacturing is affiliated with Hodgdon Yachts Inc. of East Boothbay, which will continue to base its yacht-making operation there.

  • ...royalty relief awarded after lease issuance as an operational responsibility. Howeverr, BOEM will set the terms and conditions of any future leases issued with ro... and the lessee has not exercised the option under Sec. 203.49 to replace the lease terms for r...

  • Olympia Entertainment has informed the City of Detroit via personal phone call and hand-delivered letter that, pursuant to the terms of its current lease, Olympia Entertainment will not exercise its option to extend the current lease on the Joe Louis and Cobo Arenas for an additional 20 years. According to Christopher Ilitch, president and CEO of Ilitch Holdings, Inc., the existing lease - crafted more than three decades ago by individuals no longer associated with either Olympia Entertainment or the city - neither fully contemplates the evolution of the sports and entertainment industry, nor the current economic environment, nor infrastructure replacement and repair needs of the 30-year-old building in order to meet today's competitive industry standards.

  • The former O.E. Gray Early Learning Center will remain an educational institution. St. Mary's parish officials have told the Platteville School District that they have met their fundraising contingency and intend to exercise their option to purchase the property under the terms of the lease/purchase agreement.

  • Assignment and consent of Lease was a valid assignment such that assignee could exercise option to renew provided for the Lessee in the Agreement even though the original Lessee remained liable under the Lease if the parties were unable to obtain a transfer of liquor permits. Lessee’s option to renew could not be denied based on alleged defaults or noncompliance with terms that they were not notified about in writing and given an opportunity to cure as required by the Lease.

  • ..., seeking a declaration that § 3.4 of their lease is an option to renew if the parties agree on new,, negotiated terms rather than an option to extend on the terms conta...



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