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 Properties. The parties shall be legally bound with respect to the purchase and sale of the 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 of Seller and Purchaser have fully executed and delivered to each other a counterpart of this Agreement.

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 PropertiesProperty. The parties shall be legally bound with respect to the purchase contribution and sale of the Properties Interests 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 Contributor and Purchaser the Partnership have fully executed and delivered to each other a counterpart of this Agreement.

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 PropertiesContributor Assets. The parties shall be legally bound with respect to the purchase and sale of the Properties Contributor Assets 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 Contributors and Purchaser Acquiror have fully executed and delivered to each other a counterpart of this Agreement.

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 PropertiesProjects. The parties shall be legally bound with respect to the purchase and sale of the Properties Projects 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 Sellers and Purchaser Purchasers have fully executed and delivered to each other a counterpart of this Agreement.