Article content42. Provided that the Tenant shall have regularly and duly performed all of its obligations under the lease herein, including the timely payment of Rent and Expenses, it shall have an option, at any time during the Term or any subsequent renewal, to purchase the Demised Premises for an amount equal to One Million Two Hundred Thousand Dollars ($1,200,000.00), less the amount of Sixty Thousand ($60,000.00) Dollars per year from the date of the commencement of the Term to the date of exercise of the option contained in this Paragraph 42.