name / content / group

content: 562743

name: Option

OPTION. MLCP grants Buyer the exclusive right and option to buy the Option Parcel for a period of 18 months from the Closing Date (the "Initial Option Termination Date") for a purchase price of $1,000,000. On or before 30 business days prior to the Initial Option Termination Date, Buyer shall have the one time right, upon payment of a $100,000 non refundable option fee, to extend the Option closing date to June 30, 2000. The Option shall be