Common use of EXCLUSIVITY OF OPTION Clause in Contracts

EXCLUSIVITY OF OPTION. This Addendum is exclusive, non-transferrable and non-assignable. The powers contained in this Addendum shall exist exclusively for the Tenant and shall not be conveyed, transferred, or delegated to any such third (3rd) party. In the event of death of the Tenant, this Addendum shall be considered null and void with no rights for any heirs of the Tenant’s estate.

Appears in 57 contracts

Sources: Rent to Own Agreement, Rent to Own Agreement, Rent to Own Agreement

EXCLUSIVITY OF OPTION. This Addendum is exclusive, non-transferrable and non-non- assignable. The powers contained in this Addendum shall exist exclusively for the Tenant and shall not be conveyed, transferred, or delegated to any such third (3rd) party. In the event of death of the Tenant, this Addendum shall be considered null and void with no rights for any heirs of the Tenant’s estate.

Appears in 47 contracts

Sources: Rent to Own Agreement, Rent to Own Agreement, Rent to Own Agreement