No Survival of Purchase Option Clause Samples

The "No Survival of Purchase Option" clause establishes that any purchase option granted under an agreement does not continue or remain available after the agreement ends or is terminated. In practice, this means that if a party had the right to buy an asset or property during the contract term, that right expires immediately upon the contract’s conclusion and cannot be exercised afterward. This clause ensures that purchase rights are strictly limited to the contract period, preventing lingering obligations or expectations once the agreement has ended.