Common use of EXCLUSIVITY OF OPTION Clause in Contracts

EXCLUSIVITY OF OPTION. The Option to Purchase is exclusive and non-assignable and exists solely for the benefit of Tenant. Should Tenant attempt to assign, convey, delegate, or transfer the Option to Purchase without Landlord’s express written permission, any such attempt shall be deemed null and void, and the Option to Purchase may voided at Landlord’s discretion, which shall subject all credits otherwise due to Tenant at the Closing to be forfeited by Tenant.

EXCLUSIVITY OF OPTION. The Option to Purchase is exclusive and non-assignable and exists solely for the benefit of Tenant. Should Tenant attempt to assign, convey, delegate, or transfer the Option to Purchase without Landlord’s express written permission, any such attempt shall be deemed null and void, and the Option to Purchase may voided at Landlord’s discretion, which shall subject all credits otherwise due to Tenant at the Closing to be forfeited by TenantXxxxxx.

EXCLUSIVITY OF OPTION. The Option to Purchase is exclusive and non-assignable and exists solely for the benefit of Tenantthe Parties. Should Tenant attempt to assign, convey, delegate, or transfer the Option to Purchase without Landlord’s express written permission, any such attempt shall be deemed null and void, and the Option to Purchase may voided at Landlord’s discretion, which shall subject all credits otherwise due to Tenant at the Closing to be forfeited by Tenant.