Common use of Purchase Options Clause in Contracts

Purchase Options. Neither the Property nor any part thereof is subject to any purchase options or other similar rights in favor of third parties.

Appears in 30 contracts

Samples: Mezzanine Loan Agreement (Morgans Hotel Group Co.), Loan Agreement (Behringer Harvard Opportunity REIT I, Inc.), Term Loan Agreement (New York City REIT, Inc.)

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Purchase Options. Neither the Property Collateral nor the Properties nor any part thereof is are subject to any purchase options or other similar rights in favor of third parties.

Appears in 1 contract

Samples: Mezzanine Loan Agreement (Horizon Group Properties Inc)

Purchase Options. Neither the Property nor any part thereof is are subject to any purchase options or other similar rights in favor of third parties, except for the DSW Purchase Option.

Appears in 1 contract

Samples: Loan Agreement (Glimcher Realty Trust)

Purchase Options. Neither Except as set forth in Section 5.36 hereof, neither the Property nor any part thereof is subject to any purchase options or other similar rights in favor of third parties.

Appears in 1 contract

Samples: Loan Agreement (Silverleaf Resorts Inc)

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Purchase Options. Neither the any Individual Property nor any part thereof is are subject to any purchase options or other similar rights in favor of third parties.

Appears in 1 contract

Samples: Loan Agreement (Horizon Group Properties Inc)

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