Common use of No Option Clause in Contracts

No Option. The submission of this Lease for examination or execution by Tenant does not constitute a reservation of or option for the Premises and this Lease shall not become effective as a Lease until it has been executed by Landlord and delivered to Tenant.

Appears in 34 contracts

Samples: Work Letter Agreement (Orexigen Therapeutics, Inc.), Antenna License Agreement (Silicon Image Inc), Work Letter Agreement (Hi/Fn Inc)

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No Option. The submission Submission of this Lease to Tenant for examination or execution by Tenant negotiation does not constitute an option to lease, offer to lease or a reservation of of, or option for for, the Premises Premises; and this Lease document shall not become effective as a Lease until it has been executed and binding only upon the execution and delivery hereof by Landlord and delivered to Tenant.

Appears in 19 contracts

Samples: Single Tenant Industrial Triple Net Lease (GenMark Diagnostics, Inc.), Sublease Agreement, Ground Lease

No Option. The submission of this Lease to Tenant for examination review or execution by Tenant does not create an option or constitute a reservation of or option for an offer to Tenant to lease the Premises on the terms and conditions contained herein, and this Lease shall not become effective as a Lease unless and until it has been executed and delivered by both Landlord and delivered to Tenant.

Appears in 17 contracts

Samples: Reciprocal Easement Agreement (Silver Spring Networks Inc), Reciprocal Easement Agreement (Forescout Technologies, Inc), Office Lease (Stitch Fix, Inc.)

No Option. The submission of this Lease for examination or execution by Tenant does not constitute a reservation of or option for the Premises Premises, and this the Lease shall not become becomes effective as a Lease until it has been executed lease only upon execution and delivery thereof by Landlord and delivered to Tenant.

Appears in 8 contracts

Samples: Lease Agreement, Lease Agreement, Lease Agreement

No Option. The submission of this Lease for examination or execution by Tenant does not constitute a reservation of or option for the Premises Demised Premises, and this Lease shall not become becomes effective as a Lease until it has been executed lease only upon execution and delivery thereof by Landlord and delivered to Tenant.

Appears in 8 contracts

Samples: Lease Agreement (Heelys, Inc.), Lease Agreement (Intelepeer Inc), Lease Agreement (G Iii Apparel Group LTD /De/)

No Option. The submission of this Lease to Tenant for examination review or execution by Tenant does not create an option or constitute an offer to Tenant to lease the Premises on the terms and conditions contained herein or a reservation of or option for the Premises in favor of Tenant, and this Lease shall not become effective as a Lease unless and until it has been executed and delivered by both Landlord and delivered to Tenant.

Appears in 5 contracts

Samples: Lease (Trimble Navigation LTD /Ca/), Lease (Nextg Networks Inc), Lease Termination Agreement (Proxim Corp)

No Option. The submission of this Lease for examination or execution by Tenant does not constitute a reservation of or option for to lease the Premises and this Lease shall not become becomes effective as a Lease until it has been executed only upon execution and delivery thereof by Landlord and delivered to Tenant.

Appears in 5 contracts

Samples: Lease (Pacira Pharmaceuticals, Inc.), Office Lease (Karma Media Inc), Lease (Community Bancorp Inc)

No Option. The submission of this Lease by Landlord, its agent or representative for examination or execution by Tenant does not constitute an option or offer to Lease the Premises upon the terms and conditions contained herein or a reservation of or option for the Premises and in favor of Tenant, it being intended hereby that this Lease shall not only become effective as a Lease until it has been executed upon the execution hereof by Landlord and delivered delivery of a fully executed lease to Tenant.

Appears in 5 contracts

Samples: Standard Office Lease (Capitalsource Inc), Office Lease (United Online Inc), Office Lease (Netzero Inc)

No Option. The submission of this Lease by Landlord, its agent or representative for examination or execution by Tenant does not constitute an option or offer to lease the Premises upon the terms and conditions contained herein or a reservation of or option for the Premises and in favor of Tenant, it being intended hereby that this Lease shall not only become effective as a Lease until it has been executed upon the execution hereof by Landlord and delivered delivery of a fully executed counterpart hereof to Tenant.

Appears in 4 contracts

Samples: Office Lease (En Pointe Technologies Inc), Office Lease (Eschelon Telecom Inc), Office Lease (Health Management Systems Inc)

No Option. The submission Submission of this Lease to Tenant for examination or execution by Tenant negotiation does not constitute an option to lease, offer to lease or a reservation of of, or option for for, the Premises Premises; and this Lease shall not become effective as a Lease until it has been executed and binding only upon the execution and delivery hereof by Landlord and delivered to Tenant.

Appears in 4 contracts

Samples: Lease Agreement, Lease Agreement, NNN Lease

No Option. The Although Tenant's execution of this Lease shall be deemed an offer irrevocable by Tenant, the submission of this Lease by Landlord to Tenant for examination or execution by Tenant does shall not constitute a reservation of or option for the Premises and this Premises. This Lease shall not become effective as a Lease until it has been executed only upon execution thereof by Landlord both parties and delivered delivery thereof to Tenant.

Appears in 4 contracts

Samples: Lease (U S Interactive Inc/Pa), Lease (Orapharma Inc), Office Space Lease (Nco Group Inc)

No Option. The Although Tenant's execution of this Lease shall be deemed an offer irrevocable by Tenant, the submission of this Lease by Landlord to Tenant for examination or execution by Tenant does shall not constitute a reservation of or option for the Premises and this Premises. This Lease shall not become effective as a Lease until it has been executed only upon execution thereof by an authorized officer of the general partner of the Landlord and delivered to by an authorized officer of Tenant.

Appears in 3 contracts

Samples: Lease (Cytogen Corp), Broadview Networks Holdings Inc, Broadview Networks Holdings Inc

No Option. The submission of this Lease for examination or execution by Tenant does shall not constitute a reservation of or option for the Premises and this Leased Premises. This Lease shall not become effective as a Lease until it has been executed only upon execution and delivery thereof by Landlord and delivered to Tenant.

Appears in 3 contracts

Samples: Sublease Agreement, Sublease Agreement, Sublease Agreement

No Option. The submission of this Lease for examination or execution by Tenant does not constitute a reservation of or option for the Premises and this Lease shall not become effective as a Lease until the final lease has been approved by any and all Mortgagee(s) and it has been executed by Landlord and delivered to Tenant.

Appears in 3 contracts

Samples: Lease (Corium International, Inc.), Office Lease (Alteryx, Inc.), Zhone Technologies Inc

No Option. The submission of this Lease by Landlord, its agent or representative for examination or execution by Tenant does not constitute an option or offer to lease the Premises upon the terms and conditions contained herein or a reservation of or option for the Premises and in favor of Tenant, it being intended hereby that this Lease shall not only become effective as a Lease until it has been executed upon the execution hereof by Landlord and delivered delivery of a fully executed Lease to Tenant.

Appears in 3 contracts

Samples: Office Lease (Inetvisionz Com Inc), Office Lease (Sound Source Interactive Inc /De/), Defined Terms (On Village Communications Inc)

No Option. This Lease shall not become effective as a lease or otherwise until executed and delivered by both Landlord and Tenant. The submission of this the Lease for examination or execution by to Tenant does not constitute a reservation of or option for the Premises and this Lease shall not become effective as a Lease until it has been executed by Landlord and delivered to TenantPremises.

Appears in 2 contracts

Samples: Lease (Transcept Pharmaceuticals Inc), Lease (Transcept Pharmaceuticals Inc)

No Option. The submission of this Lease for examination or execution by Tenant Xxxxxx does not constitute a reservation of or option for the Premises and this Lease shall not become effective as a Lease until it has been executed by Landlord and delivered to Tenant.

Appears in 2 contracts

Samples: Retail Lease (La Rosa Holdings Corp.), Work Letter Agreement (Eyeonics Inc)

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No Option. The submission of this Lease to Tenant for examination or execution by Tenant does not constitute an option or offer to lease the Premises upon the terms and conditions contained herein or a reservation of or option for the Premises and this for Tenant. This Lease shall not only become effective as a Lease until it has been executed upon the execution hereof by Landlord and delivered Tenant and delivery of a fully executed counterpart hereof to Tenant.

Appears in 2 contracts

Samples: Office Lease (Content Checked Holdings, Inc.), Office Lease (Acacia Research Corp)

No Option. The submission of this Lease for examination or execution by Tenant does not constitute a reservation of or option for the Premises and this Lease shall not become effective as a Lease until it has been executed by both Tenant and Landlord and delivered to TenantTenant fully executed.

Appears in 2 contracts

Samples: QuantumScape Corp, QuantumScape Corp

No Option. The submission of this Lease for examination or execution by Tenant Xxxxxx does not constitute a reservation of or option for the Premises and this Lease shall not become effective as a Lease until it has been executed by Landlord and delivered to Tenant.

Appears in 1 contract

Samples: Lease (Ufp Technologies Inc)

No Option. The submission of this Lease by Landlord for examination or execution review by Tenant does not constitute a reservation of or option for the Premises Premises, and this shall vest no right in Tenant. This Lease shall not become becomes effective as a Lease until it has been executed only upon execution and delivery thereof by Landlord and delivered to Tenantthe parties hereto.

Appears in 1 contract

Samples: Agreement (Rex Stores Corp)

No Option. The submission of this Lease for examination or execution by Tenant does not constitute a reservation of or option for the Premises and this Lease shall not become effective as a Lease until it It has been executed by Landlord and delivered to Tenant.

Appears in 1 contract

Samples: Imcor Pharmaceutical Co

No Option. The submission of this Lease for examination or execution by Tenant does shall not constitute a reservation of or option for the Premises and this Premises. This Lease shall not become effective as a Lease until it has been executed only upon execution and delivery thereof by Landlord and delivered to Tenant.

Appears in 1 contract

Samples: Lease Agreement (Browsesafe Com Inc)

No Option. The submission of this Lease for examination or execution by Tenant does not constitute a reservation of or option for the Premises and this Lease shall not become effective as a Lease until it has been executed by Landlord and delivered to Tenantby both parties.

Appears in 1 contract

Samples: Single Tenant Lease (Biocept Inc)

No Option. The submission of this Lease to Tenant for examination review or --------- execution by Tenant does not create an option or constitute an offer to Tenant to lease the Premises on the terms and conditions contained herein or a reservation of or option for the Premises in favor of Tenant, and this Lease shall not become effective as a Lease unless and until it has been executed and delivered by both Landlord and delivered to Tenant.

Appears in 1 contract

Samples: Confirmation Agreement (Ydi Wireless Inc)

No Option. The submission of this Lease for examination or execution by Tenant does shall not constitute a reservation of or option for the Premises and this Leased Premises. This Lease shall not become effective as a Lease until it has been executed only upon execution and delivery thereof by Landlord and delivered to Tenant.

Appears in 1 contract

Samples: Lease (Heartland Bancshares Inc /In/)

No Option. The submission of this Lease for examination examination, or execution by Tenant does not constitute a reservation of or option for the Premises and this Lease shall not become effective as a Lease until it has been executed by Landlord and delivered to Tenant.

Appears in 1 contract

Samples: Office Lease (Good Guys Inc)

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