LAND PURCHASE OPTION AGREEMENT Sample Clauses

LAND PURCHASE OPTION AGREEMENT. 17.01(1) Concurrent with the Special Clauses Agreement, the Developer shall grant the City an “Option to Purchase” (in the form and conditions contained in the City’s Land Purchase Option Agreement), or at the request of the City enter into an “Agreement for Purchase and Sale” with the City in accordance with the City’s standard form of Agreement for Purchase and Sale, for the acquisition of additional land(s) the City may require for Municipal Purposes as defined in the Municipal Government Act.

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LAND PURCHASE OPTION AGREEMENT. Owner and Tenant shall work together as needed and Tenant recognizes that Owner may not be successful in extending the Parcel No. 6 Land Purchase Option Agreement in which case the Tenant acknowledges that the Owner would not be able to fulfill its obligations to lease the Parcel No. 6 property to Tenant.

Related Clauses

Related to LAND PURCHASE OPTION AGREEMENT