Laserfiche WebLink
certified mail, as provided above, the same shall be deemed served or <br /> delivered seventy-two (-//--x hours after the mailing thereof. <br /> 18. Right of First Refusal. Landlord shall not at any time during the <br /> term of this lease sell or convey or agree to sell or convey all or any portion of <br /> the Leased Premises without first having complied with the requirements of <br /> this Paragraph. If landlord shall desire to sell or convey all or any portion or <br /> portions of the Leased Premises, Landlord shall obtain from a third party a <br /> bona fide arms' length offer (the "Offer") and Landlord shall submit a written <br /> copy of the Offer to Tenant and shall give Tenant forty-five (45) days within <br /> which to elect to meet the Offer. If Tenant elects to meet the Offer, Tenant <br /> shall give Landlord written notice thereof and closing shall be held within <br /> forty-five (45) days thereafter, whereupon Landlord shall convey to Tenant all <br /> or any portion of the Leased Premises which are the subject of the Offer. At <br /> closing, Landlord shall deliver to Tenant a grant deed, sufficient to convey to <br /> Tenant fee simple title to the Premises free and clear of all liens, restrictions <br /> and encumbrances. Landlord shall pay all transfer taxes in connection with <br /> such conveyance. This right of first refusal shall continue as to any and all <br /> portions of the Leased Premises. In the event Tenant shall elect not to met <br /> any Offer, Landlord may thereafter sell the portion or portions of the Leased <br /> Premises which are the subject of the Offer only to the party who made the <br /> Offer and only strictly in accordance with the terms thereof. To prevent <br /> Landlord from defeating the rights of Tenant hereunder, Landlord agrees that <br /> Landlord will at no time accept an offer to purchase all or any portion of the <br /> Leased Premises together with any other property of Landlord in <br /> cont:-avention of Tenant's right to purchase t'he Pre:'rises. <br /> Ground LQase/4/NQ'A/Lodi 03791/103 <br /> I6- 14De62 mmc <br /> EZ -d J91 =6o so ao 2nd <br />