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"Unrelated Third Party" means an individual or entity that is not (i) an <br /> individual ("Related Individual") who is an owner or officer of Tenant <br /> or a Related Company, (ii) any subsidiary or parent of Tenant (each of <br /> which is a"Related Company"), or(iii) a general partnership, limited <br /> partnership or limited liability partnership ("Related Partnerships") in <br /> which a Related Individual or Related Company is a partner, or (iv) a <br /> corporation or limited liability corporation in which a Related <br /> Individual, Related Company or Related Partnership is an owner, <br /> shareholder, officer, member or manager. <br /> 1.2 Exhibits. The following exhibits are attached to and by this <br /> reference made a part of this Lease: <br /> (1) "Exhibit A" - Legal Description of the Development Property <br /> (2) "Exhibit B" - Permitted Encumbrances <br /> ARTICLE 2 <br /> LEASE AND TERM <br /> 2.1 Grant. Upon the terms and conditions of this Lease, Landlord demises <br /> and leases the Development Property to Tenant and Tenant leases and accepts the <br /> Development Property from Landlord subject to the Permitted Encumbrances. <br /> 2.2 Covenants. Landlord covenants to observe and perform all of the <br /> covenants and conditions to be observed and performed by Landlord under this Lease. <br /> Tenant covenants to pay the Rent when due under this Lease and to observe and <br /> perform all of the terms and conditions and covenants to be observed and performed <br /> by Tenant under this Lease. <br /> 2.3 Quiet Enjoyment. Landlord covenants that Tenant, on paying the Rent, <br /> shall peacefully have, hold and enjoy the Development Property subject to the terms <br /> of this Lease, subject only to the Permitted Encumbrances. <br /> 2.4 Term. The term of this Lease commences on the Commencement Date <br /> and expires at 11:59 p.m. on the Termination Date, unless terminated earlier as <br /> provided in this Lease. <br /> [2.5 Purchase of Development Property. On the Termination Date, if there <br /> is no uncured Event of Default by Tenant under this Lease at the time of exercise, <br /> Tenant may purchase the Landlord's entire interest in the Development Property on <br /> the following conditions: <br /> (1) Tenant shall give Landlord not less than thirty (30) days prior <br /> written notice exercising its right to purchase the Development <br /> Property, <br /> (2) the closing shall take place on a mutually convenient date at the <br /> principal office of Landlord or such other location as the parties agree, <br />