Common use of Submission not an Offer or Option Clause in Contracts

Submission not an Offer or Option. The submission of this Agreement or a summary of some or all of its provisions for examination or negotiation by Buyer or Seller does not constitute an offer by Seller or Buyer to enter into an agreement to sell or purchase the Property, and neither party shall be bound to the other with respect to any such purchase and sale until a definitive agreement satisfactory to the Buyer and Seller in their sole discretion is executed and delivered by both Seller and Buyer.

Appears in 39 contracts

Samples: Purchase and Sale Agreement (Malibu Boats, Inc.), Purchase and Sale Agreement (Rubius Therapeutics, Inc.), Purchase and Sale Agreement

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Submission not an Offer or Option. The submission of this Agreement or a summary of some or all of its provisions for examination or negotiation by Buyer or Seller does not constitute an offer by Seller or Buyer to enter into an agreement to sell or purchase the Property, and neither party shall be bound to the other with respect to any such purchase and sale until a definitive agreement satisfactory to the Buyer and Seller in their sole discretion is executed and delivered by both Seller and Buyer.

Appears in 4 contracts

Samples: Purchase and Sale Agreement (Cottonwood Multifamily Reit Ii, Inc.), Contribution and Sale Agreement, Purchase and Sale Agreement (Educational Development Corp)

Submission not an Offer or Option. The submission of this Agreement or a summary of some or all of its provisions for examination or negotiation by Buyer Seller or Seller Purchaser does not constitute an offer by Seller or Buyer Purchaser to enter into an agreement to sell transfer, purchase, or purchase sale the Property, and neither party Party shall be bound to the other with respect to any such purchase and transfer, purchase, or sale until a definitive agreement satisfactory to the Buyer and Seller in their sole discretion this Agreement is executed and delivered by both each of Seller and Buyeror Purchaser.

Appears in 3 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (Vegalab, Inc.), Purchase and Sale Agreement (Polarityte, Inc.)

Submission not an Offer or Option. The submission of this Agreement or a summary of some or all of its provisions for examination or negotiation by Buyer Seller or Seller Purchaser does not constitute an offer by Seller or Buyer Purchaser to enter into an agreement to transfer, purchase, or sell or purchase the Property, and neither party Party shall be bound to the other with respect to any such purchase and transfer, purchase, or sale until a definitive agreement satisfactory to the Buyer and Seller in their sole discretion this Agreement is executed and delivered by both each of Seller and BuyerPurchaser.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Polarityte, Inc.), Purchase and Sale Agreement (Polarityte, Inc.)

Submission not an Offer or Option. The submission of this Agreement or a summary of some or all of its provisions for examination or negotiation by Buyer Purchaser or Seller does not constitute an offer by Seller or Buyer Purchaser to enter into an agreement to sell or purchase the any Property, and neither party shall be bound to the other with respect to any such purchase and sale until a definitive agreement satisfactory to the Buyer Purchaser and Seller in their sole discretion is executed and delivered by both each of Seller and BuyerPurchaser.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Strategic Hotels & Resorts, Inc), Real Estate Purchase Agreement (Strategic Hotels & Resorts, Inc)

Submission not an Offer or Option. The submission of this Agreement or a summary of some or all of its provisions for examination or negotiation by Buyer or Seller does not constitute an offer by Seller or Buyer to enter into an agreement to sell or purchase the Property, and neither party shall be bound to the other with respect to any such purchase and sale until a definitive agreement satisfactory to the Buyer and Seller in their each’s sole discretion is executed and delivered by both Seller and Buyer.

Appears in 1 contract

Samples: Purchase and Sale Agreement

Submission not an Offer or Option. The submission of this Agreement or a summary of some or all of its provisions for examination or negotiation by Buyer or Seller Sellers does not constitute an offer by Seller Sellers or Buyer to enter into an agreement to sell or purchase the Property, and neither no party shall be bound to the other with respect to any such purchase and sale until a definitive agreement satisfactory to the Buyer and Seller in their sole discretion this Agreement is executed and delivered by both Seller Sellers and Buyer.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Cousins Properties Inc)

Submission not an Offer or Option. The submission of this Agreement or a summary of some or all of its provisions for examination or negotiation by Buyer Buyers or Seller Sellers does not constitute an offer by Seller Sellers or Buyer Buyers to enter into an agreement to sell or purchase the PropertyProperties, and neither party shall be bound to the other with respect to any such purchase and sale until a definitive agreement satisfactory to the Buyer Buyers and Seller Sellers in their sole discretion is executed and delivered by both Seller Sellers and BuyerBuyers.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Global Medical REIT Inc.)

Submission not an Offer or Option. The submission and delivery of this Agreement or a summary or sum of some or all of its provisions for examination or negotiation by Buyer or and Seller does not and shall not be deemed to constitute an offer by Seller or Buyer to enter into an agreement to sell or purchase the Property, Property and neither party shall be bound to the other with respect to any such purchase and sale until a definitive agreement satisfactory to the Buyer and Seller in their sole discretion is executed and delivered by both Seller the Buyer and BuyerSeller.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Seachange International Inc)

Submission not an Offer or Option. The submission of this Agreement or a summary of some or all of its provisions for examination or negotiation by Buyer Purchaser or Seller does not constitute an offer by Seller or Buyer Purchaser to enter into an agreement to sell or purchase the Property, and neither party shall be bound to the other with respect to any such purchase and sale until a definitive agreement satisfactory to the Buyer Purchaser and Seller in their sole discretion is executed and delivered by both Seller and BuyerPurchaser.

Appears in 1 contract

Samples: Real Estate Purchase Agreement (Praecis Pharmaceuticals Inc)

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Submission not an Offer or Option. The submission of this Agreement or a summary of some or all of its provisions for examination or negotiation by Buyer or Seller does not constitute an offer by Seller or Buyer to enter into an agreement to sell or purchase the PropertyProperty (or any portion thereof), and neither no party shall be bound to the other others with respect to any such purchase and sale until a definitive agreement satisfactory to the Buyer and Seller in their sole discretion is executed and delivered by both Seller and Buyer.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Franklin Street Properties Corp /Ma/)

Submission not an Offer or Option. The submission of this Agreement or a summary of some or all of its provisions for examination or negotiation by Buyer or Seller does not constitute an offer by Seller Sellers or Buyer to enter into an agreement to sell or purchase the Property, and neither party shall be bound to the other with respect to any such purchase and sale until a definitive agreement satisfactory to the Buyer and Seller in their sole discretion is executed and delivered by both Seller Sellers and Buyer.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Global Medical REIT Inc.)

Submission not an Offer or Option. The submission of this Agreement or a summary of some or all of its provisions for examination or negotiation by Buyer Purchaser or Seller Sellers does not constitute an offer by Seller Sellers or Buyer Purchaser to enter into an agreement to sell or purchase the PropertyProperties, and neither party shall be bound to the other with respect to any such purchase and sale until a definitive agreement satisfactory to the Buyer Purchaser and Seller Sellers in their sole discretion is executed and delivered by both Seller Sellers and BuyerPurchaser.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Extra Space Storage Inc.)

Submission not an Offer or Option. The submission of this Agreement or a summary of some or all of its provisions for examination or negotiation by Buyer or Seller Sellers does not constitute an offer by Seller Sellers or Buyer to enter into an agreement to sell or purchase the PropertyProperties (or any portion thereof), and neither no party shall be bound to the other others with respect to any such purchase and sale until a definitive agreement satisfactory to the Buyer and Seller Sellers in their sole discretion is executed and delivered by both Seller Sellers and Buyer.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Franklin Street Properties Corp /Ma/)

Submission not an Offer or Option. The submission of this Agreement or a summary of some or all of its provisions for examination or negotiation by Buyer the Purchaser or Seller the Sellers does not constitute an offer by Seller the Sellers or Buyer the Purchaser to enter into an agreement to sell or purchase the PropertyProperties, and neither party shall be bound to the other with respect to any such purchase and sale until a definitive agreement satisfactory to the Buyer Purchaser and Seller the Sellers in their sole discretion is executed and delivered by both Seller the Sellers and Buyerthe Purchaser.

Appears in 1 contract

Samples: Asset Purchase Agreement (Digital Realty Trust, Inc.)

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