Common use of No Exclusive Negotiations Clause in Contracts

No Exclusive Negotiations. Seller shall have the right, at all times prior to the expiration of the Feasibility Period, to solicit backup offers and enter into discussions, negotiations, or any other communications concerning or related to the sale of the Property with any third-party; provided, however, that such communications are subject to the terms of this Contract, and that Seller shall not enter into any contract or binding Contract with a third-party for the sale of the Property unless such Contract is contingent on the termination of this Contract without the Property having been conveyed to Purchaser.

Appears in 13 contracts

Samples: Purchase and Sale Contract (Century Properties Fund Xix), Purchase and Sale Contract (Davidson Growth Plus Lp), Purchase and Sale Contract (Consolidated Capital Growth Fund)

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No Exclusive Negotiations. Seller shall have the right, at all times prior to the expiration of the Feasibility Period, to solicit backup offers and enter into discussions, negotiations, or any other communications concerning or related to the sale of the Property with any third-party; provided, however, that such communications are subject to the terms of this Contract, and that Seller shall not enter into any binding contract or binding Contract with a third-party for the sale of the Property unless such Contract contract is contingent on the termination of this Contract without the Property having been conveyed to Purchaser.

Appears in 8 contracts

Samples: Purchase and Sale Contract (Rodin Global Property Trust, Inc.), Purchase and Sale Contract (Consolidated Capital Institutional Properties 3), Purchase and Sale Contract (Century Properties Fund Xiv)

No Exclusive Negotiations. Seller Sellers shall have the right, at all times prior to the expiration of the Feasibility Period, to solicit backup offers and enter into discussions, negotiations, or any other communications concerning or related to the sale of the any Property with any third-party; provided, however, that such communications are subject to the terms of this Contract, and that Seller Sellers shall not enter into any binding contract or binding Contract with a third-party for the sale of the any Property unless such Contract contract is contingent on the termination of this Contract without the Property having been conveyed to Purchaser.

Appears in 5 contracts

Samples: Purchase and Sale Contract, Purchase and Sale Contract (Century Properties Fund Xvi), Purchase and Sale Contract (Shelter Properties Ii LTD Partnership)

No Exclusive Negotiations. Seller shall have the right, at all times prior to the expiration of the Feasibility Period, to solicit backup offers and enter into discussions, negotiations, or any other communications concerning or related to the sale of the Property with any third-partythird‑party; provided, however, that such communications are subject to the terms of this Contract, and that Seller shall not enter into any contract or binding Contract with a third-party third‑party for the sale of the Property unless such Contract is contingent on the termination of this Contract without the Property having been conveyed to Purchaser.

Appears in 2 contracts

Samples: Purchase and Sale Contract (Consolidated Capital Growth Fund), Purchase and Sale Contract (Consolidated Capital Institutional Properties)

No Exclusive Negotiations. Seller shall have the right, at all times prior to the expiration of the Feasibility Period, to solicit backup offers and enter into discussions, negotiations, negotiations or any other communications concerning or related to the sale of the Property with any third-party; provided, however, that such communications are subject to the terms of this ContractAgreement, and that Seller shall not enter into any contract or binding Contract Agreement with a third-party for the sale of the Property unless such Contract Agreement is contingent on the termination of this Contract Agreement without the Property having been conveyed to Purchaser.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Grubb & Ellis Healthcare REIT, Inc.)

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No Exclusive Negotiations. Seller shall have the right, at all times prior to the expiration of the Feasibility Periodtimes, to solicit backup offers and enter into discussions, negotiations, or any other communications concerning or related to the sale of the Property with any third-party; provided, however, that such communications are subject to the terms of this Purchase Contract, and that Seller shall not enter into any contract or binding Contract agreement with a third-third- party for the sale of the Property unless such Contract agreement is contingent on the termination of this Purchase Contract without the Property having been conveyed to Purchaser.

Appears in 1 contract

Samples: Purchase and Sale Contract (Century Properties Fund Xx)

No Exclusive Negotiations. Seller Sellers shall have the right, at all times prior to the expiration of the Feasibility Period, to solicit backup offers and enter into discussions, negotiations, or any other communications concerning or related to the sale of the any Property with any third-party; provided, however, that such communications are subject to the terms of this Contract, and that Seller Sellers shall not enter into any contract or binding Contract with a third-party for the sale of the any Property unless such Contract contract is contingent on the termination of this Contract without the Property having been conveyed to Purchaser.

Appears in 1 contract

Samples: Purchase and Sale Contract (Century Properties Growth Fund Xxii)

No Exclusive Negotiations. Seller shall have the right, at all times prior to the expiration of the Feasibility Period, to solicit backup offers and enter into discussions, negotiations, or any other communications concerning or related to the sale of the Property with any third-party; provided, however, that such communications are subject to the terms of this Contract, and that Seller shall not enter into any binding contract or binding Contract letter of intent with a third-party for the sale of the Property unless such Contract contract is contingent on the termination of this Contract without the Property having been conveyed to Purchaser.

Appears in 1 contract

Samples: Purchase and Sale Contract (Angeles Income Properties LTD Ii)

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