Common use of No Other Agreements and Options Clause in Contracts

No Other Agreements and Options. Neither Seller nor any Property is subject to any right of first refusal, option to purchase or lease granted to a third party, which could or would (i) prevent Seller from completing, or impair Seller’s ability to complete, the sale of the Properties under this Agreement or the subsequent lease of the Properties pursuant to the Leases, or (ii) bind Purchaser subsequent to consummation of the Transaction. Other than the Existing Leases and except as otherwise disclosed by Seller in writing to Purchaser or set forth in the Seller Documents, there is no lease in place, nor has there been any lease in place within the last twelve (12) months of the Effective Date, related to all or any part of any Property, even if any such lease will be terminated upon Closing.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Lubys Inc)

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No Other Agreements and Options. Neither Seller Lessee nor any the Property is subject to any commitment, obligation, or agreement, including, without limitation, any right of first refusal, option to purchase or lease granted to a third party, which could or would (i) prevent Seller Lessee from completing, or impair SellerLessee’s ability to complete, complete the sale leasing of the Properties under this Agreement or the subsequent lease of the Properties Property pursuant to the LeasesLease, or (ii) bind Purchaser Lessor subsequent to consummation of the Transaction. Other than Except the Existing Leases current lease between Current Owner and except Lessee and as otherwise disclosed by Seller Lessee in writing to Purchaser or set forth in the Seller DocumentsLessor, there is no lease in place, nor has there been any lease in place within the last twelve (12) months of the Effective Date, related to all or any part of any the Property, even if any such lease will be terminated upon Closing.

Appears in 1 contract

Samples: Agreement to Designate and Lease (Synalloy Corp)

No Other Agreements and Options. Neither the Seller nor any the Property is subject to any commitment, obligation, or agreement, including, without limitation, any {B3764294.2} 7 right of first refusal, option to purchase or lease granted to a third party, which could or would (i) prevent Seller from completing, or impair Seller’s ability to complete, the sale of the Properties Property under this Agreement or the subsequent lease of the Properties pursuant to the LeasesAgreement, or (ii) bind Purchaser subsequent to consummation of the Transaction. Other than the Existing Leases and except Except as otherwise disclosed by Seller in writing to Purchaser or set forth in the Seller DocumentsPurchaser, there is no lease in placeplace with a third party, nor has there been any such lease in place within the last twelve (12) months of the Effective Date, related to all or any part of any the Property, even if any such lease will be terminated upon Closing.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Synalloy Corp)

No Other Agreements and Options. Neither None of the Seller nor Entities or any Property is subject to any commitment, obligation, or agreement, including, without limitation, any right of first refusal, option to purchase or lease granted to a third party, which could or would (i) prevent Seller from completing, or impair Seller’s 's ability to complete, the sale safe of the Properties under this Agreement or the subsequent lease of the Properties pursuant to the LeasesLease, or (ii) bind Purchaser subsequent to consummation of the Transaction. Other than the Existing Leases and except Except as otherwise disclosed by Seller in writing to Purchaser or set forth in the Seller DocumentsPurchaser, there is no lease in place, nor has there been any lease in place within the last twelve (12) months of the Effective Date, related to all or any part of any Property, even if any such lease will be terminated upon Closing.

Appears in 1 contract

Samples: Purchase and Sale Agreement (LIVE VENTURES Inc)

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No Other Agreements and Options. Neither None of the Seller nor Entities or any Property is subject to any commitment, obligation, or agreement, including, without limitation, any right of first refusal, option to purchase or lease granted to a third party, which could or would (i) prevent Seller from completing, or impair Seller’s ability to complete, the sale of the Properties under this Agreement or the subsequent lease of the Properties pursuant to the LeasesLease, or (ii) bind Purchaser subsequent to consummation of the Transaction. Other than the Existing Leases and except Except as otherwise disclosed by Seller in writing to Purchaser or set forth in the Seller DocumentsPurchaser, there is no lease in place, nor has there been any lease in place within the last twelve (12) months of the Effective Date, related to all or any part of any Property, even if any such lease will be terminated upon Closing.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Synalloy Corp)

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