Common use of No Option Clause in Contracts

No Option. This document shall not be effective for any purpose until it has been executed and delivered by both parties; execution and delivery by one party shall not create any option or other right in the other party.

Appears in 50 contracts

Samples: Office Lease (Shattuck Labs, Inc.), Consent of Landlord to Sublease, Lease Agreement (Cra International, Inc.)

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No Option. This document shall not be effective for any purpose --------- until it has been executed and delivered by both parties; execution and delivery by one party shall not create any option or other right in the other party.

Appears in 5 contracts

Samples: Lease (Numerical Technologies Inc), Lease (Navisite Inc), Lease (Saflink Corp)

No Option. This document shall not be effective for any purpose until it has been executed and delivered by both parties; execution and delivery by one party shall not create any option or other right in the other party.

Appears in 4 contracts

Samples: Sublease Agreement (ShoreTel Inc), Sublease Agreement (Vitria Technology Inc), Lease (Marvell Technology Group LTD)

No Option. This document shall not be effective for any --------- purpose until it has been executed and delivered by both parties; execution and delivery by one party shall not create any option or other right in the other party.

Appears in 2 contracts

Samples: Lease (Wavesplitter Technologies Inc), Lease (Wavesplitter Technologies Inc)

No Option. This document shall shall, not be effective for any purpose until it has been been. executed and delivered by both parties; execution and delivery by one party shall not create any option or other right in the other party.

Appears in 1 contract

Samples: Lease Agreement (Calibrus, Inc.)

No Option. This document shall not be effective for any purpose ---------- until it has been executed and delivered by both parties; execution and delivery by one party shall not create any option or other right in the other party.

Appears in 1 contract

Samples: Lease (Watchguard Technologies Inc)

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No Option. This document shall not be effective for any purpose until it has been executed and delivered by both parties; execution and delivery by one party to this Lease shall not create any option or other right in the other party.

Appears in 1 contract

Samples: Lease (Newcare Health Corp)

No Option. This Subject to Section 1.C, this document shall not be effective for any purpose until it has been executed and delivered by both parties; execution and delivery by one party shall not create any option or other right in the other party.

Appears in 1 contract

Samples: Sublease (Vitria Technology Inc)

No Option. This document shall not be effective for any purpose until it has been executed and delivered by both parties; execution and delivery by one party parry shall not create any option or other right in the other party.

Appears in 1 contract

Samples: Lease Agreement (Integrated Communication Networks Inc)

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