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200905358 <br />ARTICLE X <br />OPTION TO PURCHASE <br />Section 10.1. When Available. Lessee shall have the option to purchase Lessor's <br />interest in the Project on the Payment Dates for the Purchase Option Prices as set forth in Exhibit <br />B, but only if Lessee is not in default under this Lease, and only in the manner provided in this <br />Article. <br />Section 10.2. Exercise of_Option. Lessee shall give notice to Lessor of its <br />intention to exercise its option not less than sixty (60) days prior to the Payment Date on which <br />the option is to be exercised and shall deposit with Lessor on the date of exercise an amount <br />equal to all Rental Payments and any other amounts then due or past due (including the Rental <br />Payment due on such Payment Date) and the Purchase Option Price. The closing shall be on the <br />applicable Payment Date at such office as shall be designated by Lessor. <br />Section 10.3. Release of Lessor's Interest. Upon exercise of the Purchase Option <br />by Lessee, Lessor shall convey or release to Lessee, all of its right, title and/or interest in and to <br />the Project by delivering to Lessee such documents as Lessee deems necessary for this purpose. <br />19 <br />