Common use of Option Rights Clause in Contracts

Option Rights. Tenant warrants and represents that it has no right or option of any nature whatsoever, whether pursuant to the Lease or otherwise, to purchase the Premises or the Property, or any portion thereof, or any interest therein, but to the extent that Tenant has had or hereafter acquires any such right or option, Tenant hereby acknowledges that such right or option is made subject and subordinate to the Loan Documents pursuant to this Agreement and is hereby waived and released against Lender.

Appears in 4 contracts

Samples: Office Lease Agreement (Turo Inc.), Office Lease Agreement (Turo Inc.), Office Lease (Serena Software Inc)

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