Common use of Abandonment of Claims Clause in Contracts

Abandonment of Claims. 12.1 The Optionee may abandon any portion of the Property by transferring same to the Optionors, upon two weeks' written notice. Any claims so abandoned shall be in good standing for at least two years from the date title is transferred to the Optionors.

Appears in 5 contracts

Samples: Property Option Agreement, Property Option Agreement, Property Option Agreement

AutoNDA by SimpleDocs

Abandonment of Claims. 12.1 13.1 The Optionee may abandon any portion of the Property by transferring same to the Optionors, upon two weeks' written notice. Any claims so abandoned shall be in good standing for at least two years from the date title is transferred to the Optionors.

Appears in 1 contract

Samples: Property Option Agreement

AutoNDA by SimpleDocs

Abandonment of Claims. 12.1 11.1 The Optionee may abandon any portion of the Property by transferring same to the Optionors, upon two weeks' written notice. Any claims so abandoned shall be in good standing for at least two years one year from the date title is transferred to the Optionors.

Appears in 1 contract

Samples: Property Option Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!