Conversion Option

Example Definitions of "Conversion Option"
Conversion Option. Has the meaning ascribed to such term in Section II.11 hereof.
Found in MOONEY AEROSPACE GROUP LTD contract
Conversion Option. Tenant shall have the option (the "Conversion Option") to convert the use the Second Additional Space from storage use TO general office use; provided, that Tenant give Landlord a written notice exercising the Conversion Option, which notice shall set fourth the date ( the "Conversion Date") upon which Tenant elects to begin using the Second Additional Space for general office use.
Found in QUIXOTE CORP contract
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