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Common use of No Options Clause in Contracts

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.

Appears in 6 contracts

Sources: Purchase, Sale and Contribution Agreement, Purchase, Sale and Contribution Agreement, Purchase, Sale and Contribution Agreement (Golar LNG LTD)

Related Clauses

  • No Option
  • Stock Options
  • Share Options
  • Stock Rights
  • Options

Parent Clauses

  • Representations and Warranties
  • REPRESENTATIONS AND WARRANTIES OF SELLER
  • Conditions to the Obligations of the Underwriters
  • Seller’s Representations and Warranties
  • Representations and Warranties of the Seller

Sub-Clauses

  • No Third Party Rights
  • Successors and Assigns
  • Termination of Agreement
  • Covenants of the Seller Entities Prior to the Closing
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