The changes to the specification and a collapse in the price of collectible cars brought about by the early 1990s recession resulted in many buyers choosing not to exercise their purchase options.
Mr. Singleton said it was unlikely that Times Mirror would exercise the purchase option because the Justice Department would be expected to block a sale on antitrust grounds.
Even though Abner is too enfeebled to manage the farm, he takes up residence in a sharecropper shack on the property, hoping that Lonzo, who subsists on disability payments from an accident involving falling lumber, won't make enough money from the farm to exercise the purchase option in the lease agreement.
In December 2014, just as the Magic Shop's episode of "Sonic Highways" was broadcast, Mr. Grohl lent the studio $50,000 to help cover its back rent, and he agreed to finance Mr. Rosenthal's attempt this spring to exercise a purchase option on the studio's lease, for just less than $3 million.
As a result, it rejected Exelon's argument that the sublessees were not "economically compelled" to exercise the purchase option.
Glam may exercise such purchase option by notifying Affiliate in writing before expiration of the 15-day period.
Next, the court reviewed the parties' options at the end of the sublease terms and found that there was a "reasonable likelihood" that the lessees would each exercise its purchase option, meaning Exelon's profit was fixed at the onset of each transaction, and thus Exelon did not acquire any benefits or burdens of ownership.
to provide people with different purchasing options.
After a lengthy dispute in which Sequoia tried to stop FE Partners exercising its purchase option, the judge found that the loan was fraudulently induced and eventually reduced the price to zero after deducting expected repair costs, including replacing the wooden hull, and other liabilities.
Taxes charged in connection with the exercise of a purchase option are disclosed under § 1013.4(i), not § 1013.4(n).
"The Catalan club also has a second option to repurchase him at the end of the 2016-17 seandn and a right to first refusal should it not exercise (the second purchase option)," they added.
