Common use of Back-Up Contract(s) Clause in Contracts

Back-Up Contract(s). Notwithstanding anything herein to the contrary, Seller reserves the right to continue marketing the Property for sale and to entertain letters of intent regarding the sale of the Property while this Agreement is outstanding, provided Seller shall not enter into any binding back-up agreements with respect to the sale of the Property for so long as this Agreement is in force.

Appears in 8 contracts

Sources: Purchase and Sale Agreement, Purchase and Sale Agreement, Purchase and Sale Agreement

Back-Up Contract(s). Notwithstanding anything herein to the contrary, Seller reserves the right to continue marketing the Property for sale sale, and to entertain and accept letters of intent or similar non-binding documents regarding the sale of the Property while this Agreement is outstandingin effect, provided that Seller shall not enter into any binding back-up agreements up” contracts with respect to the sale of the Property for so long as this Agreement is in forceeffect.

Appears in 1 contract

Sources: Purchase and Sale Agreement