Common use of Indivisible Economic Package Clause in Contracts

Indivisible Economic Package. Purchaser has no right to purchase, and Seller has no obligation to sell, less than all of the Property, it being the express agreement and understanding of Purchaser and Seller that, as a material inducement to Seller and Purchaser to enter into this Agreement, Purchaser has agreed to purchase, and Seller has agreed to sell, all of the Property, subject to and in accordance with the terms and conditions hereof.

Appears in 36 contracts

Samples: Agreement of Sale and Purchase (HGR Liquidating Trust), Agreement of Sale and Purchase (Hines Global REIT, Inc.), Agreement of Sale and Purchase (Hines Global REIT, Inc.)

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Indivisible Economic Package. Purchaser Buyer has no right to purchase, and Seller has no obligation to sell, less than all of the Property, it being the express agreement and understanding of Purchaser Buyer and Seller that, as a material inducement to Seller and Purchaser Buyer to enter into this Agreement, Purchaser Buyer has agreed to purchase, and Seller has agreed to sell, all of the Property, subject to and in accordance with the terms and conditions hereof.

Appears in 16 contracts

Samples: Purchase and Sale Agreement (Ionis Pharmaceuticals Inc), Purchase and Sale Agreement (Mannkind Corp), Agreement of Sale and Purchase

Indivisible Economic Package. Purchaser has no right to purchase, and Seller has no obligation to sell, less than all of the PropertyPortfolio, it being the express agreement and understanding of Purchaser and Seller that, as a material inducement to Seller and Purchaser to enter into this Agreement, Purchaser has agreed to purchase, and Seller has agreed to sell, all of the PropertyPortfolio, subject to and in accordance with the terms and conditions hereof.. ARTICLE III

Appears in 6 contracts

Samples: Agreement of Sale and Purchase (Mack Cali Realty L P), Agreement of Sale and Purchase (Mack Cali Realty L P), Agreement of Sale and Purchase (Mack Cali Realty Corp)

Indivisible Economic Package. Purchaser has no right to purchase, and Seller has Sellers have no obligation to sell, less than all of the Property, it being the express agreement and understanding of Purchaser and Seller Sellers that, as a material inducement to Seller Sellers and Purchaser to enter into this Agreement, Purchaser has agreed to purchase, and Seller has Sellers have agreed to sell, all of the Property, subject to and in accordance with the terms and conditions hereof.

Appears in 5 contracts

Samples: Agreement of Sale and Purchase (HGR Liquidating Trust), Agreement of Sale and Purchase (Hines Real Estate Investment Trust Inc), Agreement of Sale and Purchase (Hines Real Estate Investment Trust Inc)

Indivisible Economic Package. Purchaser has no right to purchase, and Seller has no obligation to sell, less than all of the PropertySeller’s LLC Interest, it being the express agreement and understanding of Purchaser and Seller that, as a material inducement to Seller and Purchaser to enter into this Agreement, Purchaser has agreed to purchase, and Seller has agreed to sell, all of the PropertySeller’s LLC Interest, subject to and in accordance with the terms and conditions hereof.

Appears in 2 contracts

Samples: Agreement of Sale and Purchase (Mack Cali Realty L P), Agreement of Sale and Purchase (Mack Cali Realty Corp)

Indivisible Economic Package. Except as otherwise expressly provided herein, Purchaser has shall have no right to purchase, and Seller has shall have no obligation right to sell, less than all of the PropertyPurchased Assets, it being the express agreement and understanding of Purchaser and Seller that, as a material inducement to Seller and Purchaser to enter into this Agreement, Purchaser has agreed to purchase, purchase and Seller has agreed to sell, sell all of the PropertyPurchased Assets, subject to and in accordance with the terms and conditions hereof.

Appears in 1 contract

Samples: Purchase Agreement (New Plan Excel Realty Trust Inc)

Indivisible Economic Package. Except as otherwise expressly provided in Section 8.3, Purchaser has shall have no right or obligation to purchase, and Seller has shall have no right or obligation to sell, less than all of the PropertyProperties, it being the express agreement and understanding of Purchaser and Seller that, as a material inducement to Seller and Purchaser to enter into this Agreement, Purchaser has agreed to purchase, purchase and Seller has agreed to sell, sell all of the PropertyProperties, subject to and in accordance with the terms and conditions hereof.

Appears in 1 contract

Samples: Purchase Agreement (Chelsea Property Group Inc)

Indivisible Economic Package. Purchaser has no right to purchasebuy, and Seller has no obligation to sell, less than all of the PropertyAcquired Interests, it being the express agreement and understanding of Purchaser and Seller that, as a material inducement to Seller and Purchaser to enter into this Agreement, Purchaser has agreed to purchasebuy, and Seller has agreed to sell, all of the Property, subject to and in accordance with Acquired Interests on the terms and subject to the conditions hereofset forth herein.

Appears in 1 contract

Samples: Agreement for Purchase and Sale (BLACK CREEK INDUSTRIAL REIT IV Inc.)

Indivisible Economic Package. Purchaser has no right to purchase, and Seller has no obligation to sell, less than all of the PropertyInterests, it being the express agreement and understanding of Purchaser and Seller that, as a material inducement to Seller and Purchaser to enter into this Agreement, Purchaser has agreed to purchase, and Seller has agreed to sell, all of the PropertyInterests, subject to and in accordance with the terms and conditions hereof.

Appears in 1 contract

Samples: Purchase Agreement (Corporate Office Properties Trust)

Indivisible Economic Package. Purchaser has no right to purchase, purchase and Seller has no obligation to sell, less than all of the Property, it being the express agreement and understanding of Purchaser and Seller that, as a material inducement to Purchaser and Seller and Purchaser to enter into this Agreement, Purchaser has agreed to purchase, and Seller has agreed to sell, all of the Property, subject to and in accordance with the terms and conditions hereof.

Appears in 1 contract

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

Indivisible Economic Package. Purchaser Buyer has no right to purchase, and Seller has no obligation to sell, less than all of the Property, it being the express agreement and understanding of Purchaser Buyer and Seller that, as a material inducement to Seller and Purchaser Buyer to enter into this Agreement, Purchaser Buyer has agreed to purchase, and Seller has agreed to sell, all of the Property, subject to and in accordance with the terms and conditions hereof.. Agreement of Sale and Purchase

Appears in 1 contract

Samples: Purchase and Sale Agreement (Prime Group Realty Trust)

Indivisible Economic Package. Purchaser has no right to purchase, and Seller has Sellers have no obligation to sell, less than all of the Property, it being the express agreement and 19 understanding of Purchaser and Seller Sellers that, as a material inducement to Seller Sellers and Purchaser to enter into this Agreement, Purchaser has agreed to purchase, and Seller has Sellers have agreed to sell, all of the Property, subject to and in accordance with the terms and conditions hereof, including Section 7.6.

Appears in 1 contract

Samples: Agreement of Sale and Purchase (Hines Real Estate Investment Trust Inc)

Indivisible Economic Package. Except as otherwise expressly provided herein, Purchaser has shall have no right to purchase, and Seller has shall have no obligation right to sell, less than all of the PropertyProperties, it being the express agreement and understanding of Purchaser and Seller that, as a material inducement to Seller and Purchaser to enter into this Agreement, Purchaser has agreed to purchase, purchase and Seller has agreed to sell, sell all of the PropertyProperties, subject to and in accordance with the terms and conditions hereof.

Appears in 1 contract

Samples: Purchase Agreement (Flatbush Federal Bancorp Inc)

Indivisible Economic Package. Purchaser Buyer has no right to purchase, and Seller has no obligation to sell, less than all of the PropertyInterests, it being the express agreement and understanding of Purchaser Buyer and Seller that, as a material inducement to Seller and Purchaser Buyer to enter into this Agreement, Purchaser Buyer has agreed to purchase, and Seller has agreed to sell, all of the PropertyInterests, subject to and in accordance with the terms and conditions hereof. Any termination of this Agreement shall operate to terminate this Agreement as to all of the Interests simultaneously.

Appears in 1 contract

Samples: Membership Interest Purchase and Sale Agreement (Cottonwood Communities, Inc.)

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Indivisible Economic Package. Purchaser Buyer has no right to purchase, and Seller has no obligation to sell, less than all of the Real Property, it being the express agreement and understanding of Purchaser Buyer and Seller that, as a material inducement to Seller and Purchaser Buyer to enter into this Agreement, Purchaser Buyer has agreed to purchase, and Seller has agreed to sell, all of the Real Property, subject to and in accordance with the terms and conditions hereof.

Appears in 1 contract

Samples: Agreement of Sale and Purchase (Donnelley Financial Solutions, Inc.)

Indivisible Economic Package. Purchaser has no right to purchase, and Seller has no obligation to sell, less than all of the Property, it being the express agreement and understanding of Purchaser and Seller that, as a material inducement to Seller and Purchaser to enter into this Agreement, Purchaser has agreed to purchase, and Seller has agreed agreed, subject to the terms of this Agreement, to sell, all of the Property, subject to and in accordance with the terms and conditions hereof.

Appears in 1 contract

Samples: Agreement of Sale and Purchase (Mack Cali Realty Corp)

Indivisible Economic Package. Purchaser has no right or obligation to purchase, and Seller has no right or obligation to sell, less than all of the Property, it being the express agreement and understanding of Purchaser and Seller that, as a material inducement to Seller and Purchaser to enter into this Agreement, Purchaser has agreed to purchase, and Seller has agreed to sell, all of the Property, subject to and in accordance with the terms and conditions hereof.

Appears in 1 contract

Samples: Agreement of Sale and Purchase (Hines Global REIT, Inc.)

Indivisible Economic Package. Subject to Section 2.3 and Article IX, Purchaser has no right to purchase, and Seller has Sellers have no obligation to sell, less than all of the PropertyProperties, it being the express agreement and understanding of Purchaser and Seller Sellers that, as a material inducement to Seller Sellers and Purchaser to enter into this Agreement, Purchaser has agreed to purchase, and Seller has Sellers have agreed to sell, all of the PropertyProperties, subject to and in accordance with the terms and conditions hereof.

Appears in 1 contract

Samples: Agreement of Sale and Purchase (Hines Real Estate Investment Trust Inc)

Indivisible Economic Package. Purchaser Subject to the provisions of Section 2.3 hereof, Buyer has no right to purchase, and Seller has no obligation to sell, less than all of the Property, it being the express agreement and understanding of Purchaser Buyer and Seller that, as a material inducement to Seller and Purchaser Buyer to enter into this Agreement, Purchaser Buyer has agreed to purchase, and Seller has agreed to sell, all of the Property, subject to and in accordance with the terms and conditions hereof.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Prime Group Realty Trust)

Indivisible Economic Package. Except as otherwise expressly provided in this Agreement, Purchaser has no right to purchase, and Seller has no obligation to sell, sell less than all of the PropertyPurchased Assets, it being the express agreement and understanding of Purchaser and Seller that, as a material inducement to Seller and Purchaser to enter into this Agreement, Purchaser has agreed to purchase, and Seller has agreed to sell, all of the PropertyPurchased Assets, subject to and in accordance with the terms and conditions hereofof this Agreement.

Appears in 1 contract

Samples: Agreement of Sale and Purchase (First Midwest Bancorp Inc)

Indivisible Economic Package. Purchaser has no right to purchase, and Seller has no obligation to sell, less than all of the Property, it being the express agreement and understanding of Purchaser and Seller that, as a material inducement to Seller and Purchaser to enter into this Agreement, . Purchaser has agreed to purchase, and Seller has agreed to sell, all of the Property, subject to and in accordance with the terms and conditions hereof.

Appears in 1 contract

Samples: Agreement of Sale and Purchase (Hines Real Estate Investment Trust Inc)

Indivisible Economic Package. Purchaser Buyer has no right to purchase, and Seller has no obligation to sell, less than all of the PropertyCabot Interest, it being the express agreement and understanding of Purchaser Buyer and Seller that, as a material inducement to Seller and Purchaser Buyer to enter into this Agreement, Purchaser Buyer has agreed to purchase, and Seller has agreed to sell, all of the PropertyCabot Interest, subject to and in accordance with the terms and conditions hereof.

Appears in 1 contract

Samples: Agreement of Sale and Purchase (Cabot Industrial Properties Lp)

Indivisible Economic Package. Except as otherwise expressly provided herein, Purchaser has shall have no right to purchase, and Seller has shall have no obligation right to sell, less than all of the PropertyAcquired Assets, it being the express agreement and understanding of Purchaser and Seller that, as a material inducement to Seller and Purchaser to enter into this Agreement, Purchaser has agreed to purchase, purchase and Seller has agreed to sell, sell all of the PropertyAcquired Assets, subject to and in accordance with the terms and conditions hereof.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Developers Diversified Realty Corp)

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