Common use of No Other Agreements and Options Clause in Contracts

No Other Agreements and Options. None of the Seller 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 safe of the Properties under this Agreement or the subsequent lease of the Properties pursuant to the Lease, or (ii) bind Purchaser subsequent to consummation of the Transaction. Except as otherwise disclosed by Seller in writing to Purchaser, 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. None of the Neither Seller Entities or nor 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 safe sale of the Properties under this Agreement or the subsequent lease of the Properties pursuant to the LeaseLeases, or (ii) bind Purchaser subsequent to consummation of the Transaction. Except Other than the Existing Leases and except as otherwise disclosed by Seller in writing to PurchaserPurchaser 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)

No Other Agreements and Options. None of the Seller 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 safe sale of the Properties under this Agreement or the subsequent lease of the Properties pursuant to the Lease, or (ii) bind Purchaser subsequent to consummation of the Transaction. Except as otherwise disclosed by Seller in writing to Purchaser, 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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No Other Agreements and Options. None of Neither the Seller Entities or any nor 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 ’s ability to complete, the safe sale of the Properties Property under this Agreement or the subsequent lease of the Properties pursuant to the LeaseAgreement, or (ii) bind Purchaser subsequent to consummation of the Transaction. Except as otherwise disclosed by Seller in writing to Purchaser, 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)

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