Common use of Drafts not an Offer to Enter into a Legally Binding Contract Clause in Contracts

Drafts not an Offer to Enter into a Legally Binding Contract. The parties hereto agree that the submission of a draft of this Agreement by one party to another is not intended by either party to be an offer to enter into a legally binding contract with respect to the purchase and sale of the Property. The parties shall be legally bound with respect to the purchase and sale of the Property pursuant to the terms of this Agreement only if and when Seller and Buyer have fully executed and delivered to each other a counterpart of this Agreement with all exhibits attached hereto.

Appears in 4 contracts

Samples: Purchase and Sale Agreement and Joint Escrow Instructions (Steadfast Income REIT, Inc.), Purchase and Sale Agreement and Joint Escrow Instructions (Steadfast Apartment REIT III, Inc.), Purchase and Sale Agreement and Joint Escrow Instructions (Steadfast Apartment REIT, Inc.)

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Drafts not an Offer to Enter into a Legally Binding Contract. The parties hereto agree that the submission of a draft of this Agreement by one party to another is not intended by either party to be an offer to enter into a legally binding contract with respect to the purchase and sale of the Property. The parties shall be legally bound with respect to the purchase and sale of the Property pursuant to the terms of this Agreement only if and when the parties have been able to negotiate all of the terms and provisions of this Agreement in a manner acceptable to each of the parties in their respective sole discretion, and both Seller and Buyer have fully executed and delivered to each other a counterpart of this Agreement with all exhibits attached heretoAgreement.

Appears in 3 contracts

Samples: Lease Agreement (KBS Strategic Opportunity REIT II, Inc.), Agreement of Purchase and Sale (Terreno Realty Corp), Special Warranty Deed (Dividend Capital Trust Inc)

Drafts not an Offer to Enter into a Legally Binding Contract. The parties hereto agree that the submission of a draft of this Agreement by one party to another is not intended by either party to be an offer to enter into a legally binding contract with respect to the purchase contribution and sale of the Property. The parties shall be legally bound with respect to the purchase contribution and sale of the Property Interests pursuant to the terms of this Agreement only if and when Seller the parties have been able to negotiate all of the terms and Buyer provisions of this Agreement in a manner acceptable to each of the parties in their respective sole discretion, and the Contributor and the Partnership have fully executed and delivered to each other a counterpart of this Agreement with all exhibits attached heretoAgreement.

Appears in 2 contracts

Samples: Interest Contribution Agreement (Landmark Apartment Trust of America, Inc.), Interest Contribution Agreement (Landmark Apartment Trust of America, Inc.)

Drafts not an Offer to Enter into a Legally Binding Contract. The parties hereto agree that the submission of a draft of this Agreement by one party to another is not intended by either party to be an offer to enter into a legally binding contract with respect to the purchase and sale of the PropertyHotel. The parties shall be legally bound with respect to the purchase and sale of the Property Hotel pursuant to the terms of this Agreement only if and when the parties have been able to negotiate all of the terms and provisions of this Agreement in a manner acceptable to each of the parties in their respective sole discretion, and Seller and Buyer Purchaser have fully executed and delivered to each other a counterpart of this Agreement with all exhibits attached heretoAgreement.

Appears in 2 contracts

Samples: Hotel Purchase and Sale Agreement (Apple Hospitality Five Inc), Hotel Purchase and Sale Agreement (Apple Hospitality Two Inc)

Drafts not an Offer to Enter into a Legally Binding Contract. The parties hereto agree that the submission of a draft of this Agreement by one party to another is not intended by either party to be an offer to enter into a legally binding contract with respect to the purchase and sale of the Property. The parties shall be legally bound with respect to the purchase and sale of the Property pursuant to the terms of this Agreement only if and when the parties have been able to negotiate all of the terms and provisions of this Agreement in a manner acceptable to each of the parties in its respective sole discretion, and both Seller and Buyer have fully executed executed, delivered and delivered to received each other a other’s counterpart of this Agreement with all exhibits attached heretoAgreement.

Appears in 2 contracts

Samples: Form of Agreement (City Office REIT, Inc.), Assignment of Contracts and Assumption Agreement (Intuit Inc)

Drafts not an Offer to Enter into a Legally Binding Contract. The parties hereto agree that the submission of a draft of this Agreement Amendment by one party to another is not intended by either party to be an offer to enter into a legally binding contract with respect to the purchase and sale of the Propertycontract. The parties shall be legally bound with respect to the purchase and sale of the Property pursuant to the terms of this Agreement Amendment only if and when Seller Sublessor and Buyer Sublessee have fully executed and delivered to each other a counterpart of this Agreement with all exhibits attached heretoAmendment.

Appears in 2 contracts

Samples: Sublease Agreement (Kiniksa Pharmaceuticals, Ltd.), Sublease Agreement (Kiniksa Pharmaceuticals, Ltd.)

Drafts not an Offer to Enter into a Legally Binding Contract. The parties hereto agree that the submission of a draft of this Agreement by one party to another is not intended by either party to be an offer to enter into a legally binding contract with respect to the purchase and sale of the Property. The parties shall be legally bound with respect to the purchase and sale of the Property pursuant to the terms of this Agreement only if and when Seller and Buyer have fully executed and delivered (or caused the delivery) to each other a counterpart of this Agreement with all exhibits attached hereto.

Appears in 1 contract

Samples: Purchase and Sale Agreement and Joint Escrow Instructions (Netreit, Inc.)

Drafts not an Offer to Enter into a Legally Binding Contract. The parties hereto agree that the submission of a draft of this Agreement by one party to another is not intended by either party to be an offer to enter into a legally binding contract with respect to the purchase and sale of the Property. The parties shall be legally bound with respect to the purchase and sale of the Property pursuant to the terms of this Agreement only if and when Seller and Buyer Purchaser have fully executed and delivered (or caused the delivery) to each other a counterpart of this Agreement with all exhibits attached hereto.

Appears in 1 contract

Samples: Purchase and Sale Agreement and Joint Escrow Instructions (Deckers Outdoor Corp)

Drafts not an Offer to Enter into a Legally Binding Contract. The parties hereto agree that the submission of a draft of this Agreement by one party to another is not intended by either party to be an offer to enter into a legally binding contract with respect to the purchase and sale of the PropertyPremises. The parties shall be legally bound with respect to the purchase and sale of the Property Premises pursuant to the terms of this Agreement only if and when Seller and Buyer have fully executed and delivered to each other a counterpart of this Agreement with all exhibits attached heretoAgreement.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Techprecision Corp)

Drafts not an Offer to Enter into a Legally Binding Contract. The parties hereto agree that the submission of a draft of this Agreement by one party to another is not intended by either party to be an offer to enter into a legally binding contract with respect to the purchase and sale of the Property. The parties shall be legally bound with respect to the purchase and sale of the Property Land pursuant to the terms of this Agreement only if and when both Seller and Buyer Purchaser have fully executed and delivered to each other a counterpart of this Agreement with all exhibits attached heretoAgreement.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Applied Digital Corp.)

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Drafts not an Offer to Enter into a Legally Binding Contract. The parties hereto agree that the submission of a draft of this Agreement by one party to another is not intended by either party to be an offer to enter into a legally binding contract with respect to the purchase and sale of the PropertyAssets. The parties shall be legally bound with respect to the purchase and sale of the Property Assets pursuant to the terms of this Agreement only if and when Seller and Buyer Purchaser have fully executed and delivered to each other a counterpart of this Agreement with all exhibits attached heretoAgreement.

Appears in 1 contract

Samples: Agreement of Purchase and Sale (Tribune Media Co)

Drafts not an Offer to Enter into a Legally Binding Contract. The parties Parties hereto agree that the submission of a draft of this Agreement by one party Party to another is not intended by either party Party to be an offer to enter into a legally binding contract with respect to the purchase and sale conveyance of the Property. The parties Parties shall be legally bound with respect to the purchase and sale conveyance of the Property pursuant to the terms of Partnership as provided in this Agreement only if and when Seller LGI De and Buyer NetREIT have fully executed and delivered (or caused the delivery) to each other a counterpart of this Agreement with all exhibits attached hereto.

Appears in 1 contract

Samples: Property Contribution Agreement (Netreit, Inc.)

Drafts not an Offer to Enter into a Legally Binding Contract. The parties hereto agree that the submission of a draft of this Agreement by one party to another is not intended by either party to be an offer to enter into a legally binding contract with respect to the purchase and sale of the PropertyProperties. The parties shall be legally bound with respect to the purchase and sale of the Property Properties pursuant to the terms of this Agreement only if and when the parties have been able to negotiate all of the terms and provisions of this Agreement in a manner acceptable to each of the parties in their respective sole discretion, and each Seller and Buyer Purchaser have fully executed and delivered to each other a counterpart of this Agreement with all exhibits attached heretoAgreement.

Appears in 1 contract

Samples: Interest Purchase and Sale Agreement (Legacy Healthcare Properties Trust Inc.)

Drafts not an Offer to Enter into a Legally Binding Contract. The parties hereto agree that the submission of a draft draft, or a marked up draft, of this Agreement by one party to another is not intended by either party to be an offer to enter into a legally binding contract with respect to the purchase and sale of the Property. The parties shall be legally bound with respect to the purchase and sale of the Property pursuant to the terms of this Agreement only if and when the parties have been able to negotiate all of the terms and provisions of this Agreement in a manner acceptable to each of the parties in their respective sole discretion, and each of Seller and Buyer Purchaser have fully executed and delivered to each other a counterpart of this Agreement with all exhibits attached heretoAgreement.

Appears in 1 contract

Samples: Agreement for Sale and Purchase (Inland Diversified Real Estate Trust, Inc.)

Drafts not an Offer to Enter into a Legally Binding Contract. The parties hereto agree that the submission of a draft of this Agreement by one party to another is not intended by either party to be an offer to enter into a legally binding contract with respect to the purchase and sale of the Propertycontract. The parties shall be legally bound with respect to the purchase and sale of the Property pursuant to the terms of this Agreement only if and when Seller IBI and Buyer GM have fully executed and delivered to each other a counterpart of this Agreement with all exhibits attached heretoAgreement.

Appears in 1 contract

Samples: Joint Venture and Investment Agreement (Island Breeze International, Inc.)

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