Common use of No Lease Options Clause in Contracts

No Lease Options. All premises demised to tenants under Leases are occupied by such tenants as tenants only. No Lease contains any option or right to purchase, right of first refusal or any other similar provisions. No option or right to purchase, right of first refusal, purchase contract or similar right exists with respect to any Mortgaged Property.

Appears in 13 contracts

Samples: Master Credit Facility Agreement (Mid America Apartment Communities Inc), Master Credit Facility Agreement (Mid America Apartment Communities Inc), Master Credit Facility Agreement (United Dominion Realty Trust Inc)

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No Lease Options. All premises demised to tenants under Leases for the units in each Mortgaged Property are occupied by such tenants as tenants only. No Lease contains any option or right to purchase, right of first refusal or any other similar provisionsprovision which is enforceable against the Borrower. No option or right to purchase, right of first refusal, purchase contract refusal or similar right which is enforceable against the Borrower exists with respect to any Mortgaged Property.

Appears in 3 contracts

Samples: Term Loan Agreement (Goldman Sachs Group Inc), Term Loan Agreement (Goldman Sachs Group Inc), Term Loan Agreement (McNeil Real Estate Fund Xxvi Lp)

No Lease Options. All premises demised to tenants under ---------------- Leases are occupied by such tenants as tenants only. No Lease contains any option or right to purchase, right of first refusal or any other similar provisions. No option or right to purchase, right of first refusal, purchase contract or similar right exists with respect to any Mortgaged Property.

Appears in 2 contracts

Samples: Credit Facility Agreement (United Dominion Realty Trust Inc), Agreement (United Dominion Realty Trust Inc)

No Lease Options. All premises demised to tenants Tenants under ---------------- Leases are occupied by such tenants Tenants as tenants only. No Except as otherwise provided in the Leases, no Lease contains any option or right to purchase, right of first refusal refusal, or any other similar provisions. No option or right to purchase, right of first refusal, purchase contract contract, or similar right exists with respect to any Mortgaged the Property, except as set forth in the Lease.

Appears in 1 contract

Samples: Revolving Loan Agreement (Wells Real Estate Investment Trust Inc)

No Lease Options. All premises demised to tenants under Leases are occupied by such tenants as tenants only. No Lease contains any option or right to purchase, right of first refusal or any other similar provisions. No option or right to purchase, right of first refusal, purchase contract or similar right exists with respect to any Mortgaged Property.

Appears in 1 contract

Samples: Master Reimbursement Agreement (Apartment Investment & Management Co)

No Lease Options. All premises demised to tenants under Leases are occupied by such tenants as tenants only. No Lease contains any option or right to purchase, right of first refusal or any other similar provisions. No option or right to purchase, right of first refusal, purchase contract or similar right exists with respect to any Mortgaged PropertyProperty except such options or purchase rights that are granted by Applicable Law.

Appears in 1 contract

Samples: Master Reimbursement Agreement (Avalon Properties Inc)

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No Lease Options. All premises demised to tenants Tenants under Leases ---------------- are occupied by such tenants Tenants as tenants only. No Except as otherwise provided in the Leases, no Lease contains any option or right to purchase, right of first refusal refusal, or any other similar provisions. No option or right to purchase, right of first refusal, purchase contract contract, or similar right exists with respect to any Mortgaged the Property.

Appears in 1 contract

Samples: Revolving Loan Agreement (Wells Real Estate Investment Trust Inc)

No Lease Options. All premises demised to tenants under Leases are occupied by such tenants (and/or other permitted occupants) as tenants only. No Lease contains 50 any option or right to purchase, right of first refusal or any other similar provisions. No option or right to purchase, right of first refusal, purchase contract or similar right exists with respect to any Mortgaged Property.

Appears in 1 contract

Samples: Master Reimbursement Agreement (Ambassador Apartments Inc)

No Lease Options. All premises demised to tenants Tenants under ---------------- Leases are occupied by such tenants Tenants as tenants only. No Except as otherwise provided in the Leases, no Lease contains any option or right to purchase, right of first refusal refusal, or any other similar provisions. No option or right to purchase, right of first refusal, purchase contract contract, or similar right exists with respect to any Mortgaged Propertythe Project, except as set forth in the Lease.

Appears in 1 contract

Samples: Loan Agreement (Wells Real Estate Investment Trust Inc)

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