No Options Clause Samples
The "No Options" clause establishes that no party to the agreement is granted any options, such as the right to purchase shares or acquire additional interests, under the terms of the contract. In practice, this means that neither party can later claim entitlement to options or similar rights that are not explicitly provided for elsewhere in the agreement. This clause serves to prevent misunderstandings or disputes regarding the existence of ungranted options, ensuring clarity and limiting the parties' rights strictly to those expressly stated in the contract.
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No Options. Except as set forth herein and in the other Investment Documents and Financing Documents, there are no outstanding options, warrants or other rights (including conversion or preemptive rights, preferential rights to purchase and rights of first refusal) obligating the Bloom Member to transfer any rights, interests or properties to any party relating to any applicable Facility Entity or any Facility.
No Options. To the knowledge of such counsel and except as described in the Registration Statement, the Pricing Disclosure Package and the Prospectus, there are no outstanding options or warrants to purchase (A) any Common Units, Subordinated Units, Incentive Distribution Rights or other interests in the Partnership, or (B) any membership interests in the General Partner, the Operating Company, or the Operating Subsidiaries.
No Options. Seller does not own or hold, and is not obligated under or a party to, any option, right of first refusal or other contractual right to purchase, acquire, sell or dispose of the Real Property or any portion thereof or interest therein.
No Options. Other than in connection with the Shareholders’ Agreement and this Agreement, no Person has any agreement or option or any right or privilege (whether by Law, pre-emptive or contractual) capable of becoming an agreement, including convertible securities, warrants or convertible obligations of any nature, for the purchase, subscription, allotment or issuance of any unissued shares or other securities of the Company or any assets of the Company. There are no outstanding Options under the Option Plan.
No Options. There are not outstanding any options or other rights to purchase the Vessel.
No Options. To Seller's Knowledge, except as may be set forth in the Leases, no third party has any option to purchase all or any portion of the Property.
No Options. No person other than the Purchaser under this Agreement has any agreement or option or any right capable of becoming an agreement or option for the purchase from the Vendor of the Purchased Shares.
No Options. Except as set forth herein and in the other Investment Documents and Financing Documents, there are no outstanding options, warrants or other rights (including conversion or preemptive rights, preferential rights to purchase and rights of first refusal) obligating the Class B Member to transfer any rights, interests or properties to any party relating to any applicable Facility Entity or any Facility.
No Options. There are no outstanding options or other rights to purchase the Vessel, and on the Closing Date, there will be no outstanding options or other rights to purchase the Vessel.
No Options. There are no existing agreements, options, commitments or rights with, of or to any Person to acquire any of Seller’s assets or properties (including the Acquired Assets) or any rights or any interest in such assets or properties.