This office lease form states that the tenant shall exercise its option to renew this lease upon written notice given to the landlord no less than eighteen (18) months before the end of the lease term.
Montana Notice of Intention to Exercise Option
State:
Multi-State
Control #:
US-OL24016
Format:
Word;
PDF
Instant download
Description
How to fill out Notice Of Intention To Exercise Option?
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FAQ
(a) Unless otherwise approved by the Chief of the Contracting Office, contracts for services employing option periods shall require that a preliminary written notice of the Government's intention to exercise the option be furnished to the Contractor a minimum of sixty (60) calendar days prior to the date for the ...
For an option holder to ensure that they exercise the option on that particular day, the holder must notify his brokerage firm before that day's cut-off time for accepting exercise instructions. The brokerage firm notifies OCC that an option holder wishes to exercise an option.
17.207 Exercise of options. (a) When exercising an option, the contracting officer shall provide writ- ten notice to the contractor within the time period specified in the contract.
If the owner of an option decides to buy or sell the underlying instrument?instead of allowing the contract to expire worthless or closing out the position?they will be "exercising the option," or making use of the right or privilege that is available in the contract.
(a) When exercising an option, the contracting officer shall provide written notice to the contractor within the time period specified in the contract.
