Right of first sale
The Landlord agrees too give the Tenant right of being the first option to buy the Leased Property at tax assessed value after total costs of renovations are applied due to Landlords death , bankruptcy , forced asset auction or other decision to sell Tenant has two(2) years to exercise said option if Tenant does not exercise the first sale option the lease is considered terminated and Landlord agrees to fully refund all renovation costs to the seller upon closing of the sale and agrees to set sale price of the Leased property to include total renovation costs except bankruptcy where as Tenant aggress to follow the guidelines set forth as the state or federal bankruptcy laws dictate