Common use of Agreement Not to be Recorded Clause in Contracts

Agreement Not to be Recorded. This Agreement shall not be filed of record by or on behalf of Buyer in any office or place of public record. If Buyer fails to comply with the terms hereof by recording or attempting to record this Agreement or a notice thereof, such act shall not operate to bind or cloud the title to the Premises. Seller shall, nevertheless, have the right forthwith to institute appropriate legal proceedings to have the same removed from record. If Buyer or any agent, broker or counsel acting for Buyer shall cause or permit this Agreement or a copy thereof to be filed in an office or place of public record, Seller, at its option, and in addition to Seller’s other rights and remedies, may treat such act as a material default of this Agreement on the part of Buyer. However, the filing of this Agreement in any lawsuit or other proceedings in which such document is relevant or material shall not be deemed to be a violation of this Paragraph, nor shall any other filing of this Agreement, if required under laws relating to corporate governance, or under any rules and regulations of the United States Securities and Exchange Commission, be deemed a violation of this Paragraph.

Agreement Not to be Recorded. This Agreement shall not be filed of record by or on behalf of Buyer in any office or place of public record. If Buyer fails to comply with the terms hereof by recording or attempting to record this Agreement or a notice thereof, such act shall not operate to bind or cloud the title to the Premises. Seller shall, nevertheless, have the right forthwith to institute appropriate legal proceedings to have the same removed from record. If Buyer or any agent, broker or counsel acting for Buyer shall cause or permit this Agreement or a copy thereof to be filed in an office or place of public record, Seller, at its option, and in addition to Seller’s other rights and remedies, may treat such act as a material default of this Agreement on the part of Buyer. However, the filing of this Agreement in any lawsuit or other proceedings in which such document is relevant or material shall not be deemed to be a violation of this ParagraphSection. Notwithstanding anything to the contrary set forth in this Section, nor Buyer shall any other filing of be entitled, at Buyer’s expense, to file this Agreement, if required under laws relating to corporate governance, or under any rules and regulations of Agreement with the United States Securities and Exchange Commission, be deemed a violation of this Paragraphin the event such disclosure is required or necessary under applicable securities laws or regulations.

Agreement Not to be Recorded. This Agreement shall not be filed of record by or on behalf of Buyer in any office or place of public record. If Buyer fails to comply with the terms hereof by recording or attempting to record this Agreement or a notice thereof, such act shall not operate to bind or cloud the title to the PremisesProperty. Seller shall, nevertheless, have the right forthwith to institute appropriate legal proceedings to have the same removed from record. If Buyer or any agent, broker or counsel acting for Buyer shall cause or permit this Agreement or a copy thereof to be filed in an office or place of public record, Seller, at its option, and in addition to Seller’s other rights and remedies, may treat such act as a material default of this Agreement on the part of BuyerBuyer entitling Seller to retain the Deposit. However, the filing of this Agreement in any lawsuit or other proceedings between the parties in which such document is relevant or material shall not be deemed to be a violation of this Paragraph, nor shall any other filing of Section. Notwithstanding anything else in this Agreement, if Buyer or its Affiliates may file this Agreement in any office or place of public record to the extent required under laws relating to corporate governanceby law, or under any rules and regulations of the United States including Securities and Exchange CommissionCommission rules and regulations, and the Seller shall not have the right to institute proceedings to remove the same from record and such filing will not be deemed treated as a violation of default, material or otherwise, under this ParagraphAgreement.

Agreement Not to be Recorded. This Agreement shall not be filed of record by or on behalf of Buyer in any office or place of public record. If Buyer fails to comply with the terms hereof by recording or attempting to record this Agreement or a notice thereof, such act shall not operate to bind or cloud the title to the PremisesProperty. Seller Sellers shall, nevertheless, have the right forthwith to institute appropriate legal proceedings to have the same removed from record. If Buyer or any agent, broker or counsel acting for Buyer shall cause or permit this Agreement or a copy thereof to be filed in an office or place of public record, Seller, at its option, and in addition to Seller’s other rights and remedies, may treat such act as a material default of this Agreement on the part of BuyerBuyer entitling Sellers to retain the Deposit. However, the filing of this Agreement in any lawsuit or other proceedings between the parties in which such document is relevant or material shall not be deemed to be a violation of this Paragraph, nor shall any other filing of Section. Notwithstanding anything else in this Agreement, if Buyer or its Affiliates may file this Agreement in any office or place of public record to the extent required under laws relating to corporate governanceby law, or under any rules and regulations of the United States including Securities and Exchange CommissionCommission rules and regulations, and the Sellers shall not have the right to institute proceedings to remove the same from record and such filing will not be deemed treated as a violation of default, material or otherwise, under this ParagraphAgreement.

Agreement Not to be Recorded. This Agreement shall not be filed of record by or on behalf of Buyer in any office or place of public record. If Buyer fails to comply with the terms hereof by recording or attempting to record this Agreement or a notice thereof, such act shall not operate to bind or cloud the title to the Premises. Seller shall, nevertheless, have the right forthwith to institute appropriate legal proceedings to have the same removed from record. If Buyer or any agent, broker or counsel acting for Buyer shall cause or permit this Agreement or a copy thereof to be filed in an BUSDOCS/1435908.8 office or place of public record, Seller, at its option, and in addition to Seller’s 's other rights and remedies, may treat such act as a material default of this Agreement on the part of Buyer. However, the filing of this Agreement in any lawsuit or other proceedings in which such document is relevant or material shall not be deemed to be a violation of this Paragraph. Notwithstanding anything to the contrary set forth in this paragraph, nor Buyer shall any other filing of be entitled to file this Agreement, if required under laws relating to corporate governance, or under any rules and regulations of Agreement with the United States Securities and Exchange CommissionCommission after Closing, be deemed a violation of this Paragraphin the event such disclosure is required or necessary under applicable securities laws or regulations.