Common use of No Purchase Options Clause in Contracts

No Purchase Options. No Tenant, person, party, firm, corporation or other entity has an option, right of first offer, or right of first refusal, to purchase the Property, any portion thereof or any interest therein, except as specifically described in the Title Insurance Policy or the Principal Lease.

Appears in 3 contracts

Samples: And Security Agreement (Gladstone Commercial Corp), Rents and Security Agreement (Gladstone Commercial Corp), And Security Agreement (Gladstone Commercial Corp)

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No Purchase Options. No Tenanttenant, person, party, firm, corporation or other entity has an option, right of first offer, or right of first refusal, to purchase the Property, any portion thereof or any interest therein, except as specifically described in the Title Insurance Policy or the Principal Lease.

Appears in 2 contracts

Samples: Deed of Trust and Security Agreement (Inland Diversified Real Estate Trust, Inc.), Talon Real Estate Holding Corp.

No Purchase Options. No Tenant, person, party, firm, corporation or other entity has an option, right of first offer, or right of first refusal, to purchase the Property, any portion thereof or any interest therein, except as specifically described in the Title Insurance Policy or and in the Principal Lease.

Appears in 2 contracts

Samples: And Security Agreement (Gladstone Commercial Corp), Gladstone Commercial Corp

No Purchase Options. No Tenanttenant, personPerson, party, firm, corporation or other entity has an option, option to purchase all or any interest in or portion of the Property or has a right of first offer, offer or refusal or similar right of first refusal, with respect to purchase the Property, any portion thereof Property or any interest therein, except as specifically described in the Title Insurance Policy therein or the Principal Leaseportion thereof.

Appears in 2 contracts

Samples: Loan Agreement (City Office REIT, Inc.), Loan Agreement (Glimcher Realty Trust)

No Purchase Options. No Tenant, persontenant, party, firm, corporation or other entity Person has an option, right of first offer, or right of first refusal, to purchase the Property, any portion thereof or any interest therein, except as specifically described in the Title Insurance Policy or the Principal Lease.

Appears in 1 contract

Samples: Loan Agreement (City Office REIT, Inc.)

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No Purchase Options. No Tenanttenant, person, party, firm, corporation or other entity has an option, option to purchase all or any interest in or portion of the Property or has a right of first offer, offer or refusal or similar right of first refusal, with respect to purchase the Property, any portion thereof Property or any interest therein, except as specifically described in the Title Insurance Policy therein or the Principal Leaseportion thereof.

Appears in 1 contract

Samples: Mortgage and Security Agreement (Industrial Income Trust Inc.)

No Purchase Options. No Tenant, person, party, firm, corporation or other entity has an option, right of first offer, or right of first refusal, to purchase the Property, any portion thereof or any interest therein, except as specifically described in the Title Insurance Policy or the Principal LeasePolicy.

Appears in 1 contract

Samples: And Security Agreement (Gladstone Commercial Corp)

No Purchase Options. No Tenanttenant, person, party, firm, corporation or other entity has an option, right of first offer, or right of first refusal, to purchase the Property, any portion thereof or any interest thereintherein (except for Primary Tenant's right to purchase all or a portion of the "Excess Land", except as specifically described defined in the Title Insurance Policy or Primary Lease, pursuant to and in accordance with the Principal terms of Section 37 of the Primary Lease).

Appears in 1 contract

Samples: Mortgage and Security Agreement (Corporate Property Associates 16 Global Inc)

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