Common use of Purchase Options Clause in Contracts

Purchase Options. No Property or any part thereof is subject to any purchase options, rights of first refusal, rights of first offer or other similar rights in favor of third parties.

Appears in 6 contracts

Samples: First Mezzanine Loan Agreement (Clipper Realty Inc.), Loan Agreement (Clipper Realty Inc.), Mezzanine Loan Agreement (Clipper Realty Inc.)

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Purchase Options. No Property or Neither the Property, any part thereof nor any interest therein is subject to any purchase options, rights of first refusalrefusal to purchase, rights of first offer to purchase or other similar rights in favor of third partiesany Person.

Appears in 4 contracts

Samples: Loan Agreement (Ionis Pharmaceuticals Inc), Loan Agreement (Ionis Pharmaceuticals Inc), Loan Agreement (Consolidated Tomoka Land Co)

Purchase Options. No Property or Individual Property, the Collateral nor any part thereof is subject to any purchase options, rights of first refusal, rights of first offer or other similar rights in favor of third partiesparties (although there exist Ground Lease Purchase Options in favor of Individual Owners).

Appears in 4 contracts

Samples: Mezzanine Loan Agreement (Hospitality Investors Trust, Inc.), Mezzanine Loan Agreement (Hospitality Investors Trust, Inc.), Mezzanine Loan Agreement (W2007 Grace Acquisition I Inc)

Purchase Options. No Individual Property or nor any part thereof is subject to any purchase options, rights of first refusal, rights of first offer or other similar rights in favor of third partiesparties (although there exist Ground Lease Purchase Options in favor of Individual Borrowers).

Appears in 4 contracts

Samples: Loan Agreement (Hospitality Investors Trust, Inc.), Loan Agreement (Hospitality Investors Trust, Inc.), Loan Agreement (W2007 Grace Acquisition I Inc)

Purchase Options. No Mortgaged Property or nor any part thereof is subject to any purchase options, rights of first refusal, rights of first offer or other similar rights in favor of third parties.

Appears in 2 contracts

Samples: Loan Agreement (IMH Financial Corp), Loan Agreement (IMH Financial Corp)

Purchase Options. No Property or None of the Properties nor any part thereof is or interest therein are subject to any purchase options, rights of first refusal, rights of first refusal or offer to purchase or other similar rights in favor of third parties.

Appears in 2 contracts

Samples: Loan Agreement (American Realty Capital Hospitality Trust, Inc.), Loan Agreement (American Realty Capital Hospitality Trust, Inc.)

Purchase Options. No Neither any Property or nor any part thereof is are subject to any purchase options, rights of first refusal, rights of first offer or other similar rights in favor of third parties.

Appears in 1 contract

Samples: Loan Agreement (American Finance Trust, Inc)

Purchase Options. No Neither any Property or nor any part thereof is are subject to any purchase options, rights of first refusal, rights of first offer or other similar rights to purchase in favor of third parties.

Appears in 1 contract

Samples: Loan Agreement (American Realty Capital New York City REIT, Inc.)

Purchase Options. No Neither the Property or nor any part thereof is subject to any purchase optionsoptions (other than pursuant to the Option Agreement and the JV Agreement), rights of first refusal, rights of first offer or other similar rights in favor of third parties.

Appears in 1 contract

Samples: Loan Agreement (Condor Hospitality Trust, Inc.)

Purchase Options. No Property None of the Property, the Collateral or any part thereof is subject to any purchase options, rights of first refusal, rights of first offer or other similar rights in favor of third parties.parties.‌

Appears in 1 contract

Samples: Mezzanine Loan Agreement

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Purchase Options. No Property or nor any part thereof is subject to any purchase options, rights of first refusal, rights of first offer or other similar rights in favor of third partiesany Person.

Appears in 1 contract

Samples: Loan Agreement (GTJ Reit, Inc.)

Purchase Options. No Individual Property or nor any part thereof is are subject to any purchase options, rights of first refusalrefusal to purchase, rights of first offer to purchase or other similar rights in favor of third parties.

Appears in 1 contract

Samples: Loan Agreement (Brookfield DTLA Fund Office Trust Investor Inc.)

Purchase Options. No Property or nor any part thereof is subject to any purchase options, rights of first refusal, rights of first offer or other similar rights in favor of third parties.

Appears in 1 contract

Samples: Loan Agreement (Parking REIT, Inc.)

Purchase Options. No Individual Property or nor any part thereof is subject to any purchase options, rights of first refusal, rights of first offer or other similar rights in favor of third parties.

Appears in 1 contract

Samples: Loan Agreement (Hospitality Investors Trust, Inc.)

Purchase Options. No Property or Individual Property, the Collateral nor any part thereof is subject to any purchase options, rights of first refusal, rights of first offer or other similar rights in favor of third parties.

Appears in 1 contract

Samples: Mezzanine Loan Agreement (Hospitality Investors Trust, Inc.)

Purchase Options. No Property or None of the Property, the Collateral nor any part thereof is subject to any purchase options, rights of first refusal, rights of first offer or other similar rights in favor of third parties.

Appears in 1 contract

Samples: Mezzanine Loan Agreement (Clipper Realty Inc.)

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