Common use of OPTION ONLY Clause in Contracts

OPTION ONLY. 2.1 This Option Agreement represents an option only, and after the Optionee has delivered to the Optionor the consideration set out in clause 1.02(a), the Optionee shall be under no further obligation to the Optionor and may discontinue its option in respect of the Properties at any time by giving notice of discontinuance to the Optionor. No act done or payment made by the Optionee hereunder shall obligate the Optionee to do any further act or make any further payment.

OPTION ONLY. 2.1 2.01 This Option Agreement represents an option only, and after the Optionee has delivered to the Optionor Optionors the consideration set out in clause 1.02(a), the Optionee shall be under no further obligation to the Optionor Optionors and may discontinue its option in respect of the Properties Property at any time by giving notice of discontinuance to the OptionorOptionors. No act done or payment made by the Optionee hereunder shall obligate the Optionee to do any further act or make any further payment.

OPTION ONLY. 2.1 2.01 This Option Agreement represents an option only, and after the Optionee has delivered to the Optionor the consideration set out in clause 1.02(a), the Optionee shall be under no further obligation to the Optionor and may discontinue its option in respect of the Properties Property at any time by giving notice of discontinuance to the Optionor. No act done or payment made by the Optionee hereunder shall obligate the Optionee to do any further act or make any further payment.

OPTION ONLY. 2.1 2.01 This Option Agreement represents an option only, and after the Optionee has delivered to the Optionor the consideration set out in clause 1.02(a), the Optionee shall be under no further obligation to the Optionor and may discontinue its option in respect of the Properties Property at any time by giving notice of discontinuance to the Optionor. No act done or payment made by the Optionee hereunder shall obligate the Optionee to do any further act or make any further payment.

OPTION ONLY. 2.1 2.01 This Option Agreement represents an option only, and after the Optionee has delivered to the Optionor the consideration set out in clause 1.02(a), the Optionee shall be under no further obligation to the Optionor and may discontinue its option in respect of the Properties Property at any time by giving notice of discontinuance to the Optionor. No act done or payment made by the Optionee Optionce hereunder shall obligate the Optionee to do any further act or make any further farther payment.