Definition. "Option" shall mean: # the right to extend or reduce the term of or renew this Lease or to extend or reduce the term of or renew any lease that Lessee has on other property of Lessor; # the right of first refusal or first offer to lease either the Premises or other property of Lessor; # the right to purchase, the right of first offer to purchase or the right of first refusal to purchase the Premises or other property of Lessor.
Definition. 1">"Option"1">“Option” shall mean: # the right to extend or reduce the term of or renew this Lease or to extend or reduce the term of or renew any lease that Lessee has on other property of Lessor; # the right of first refusal or first 3">offer3">offer to lease either the Premises or other property of Lessor; # the right to purchase, the right of first 5">offer5">offer to purchase or the right of first refusal to purchase the Premises or other property of Lessor.
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