No Third Party Options Sample Clauses
The "no-third-party-options" clause prohibits any party from granting options or rights over the subject matter of the agreement to third parties. In practice, this means that neither party can allow external entities to acquire interests, such as purchase options or rights of first refusal, in the assets, shares, or intellectual property covered by the contract. This clause serves to maintain exclusivity and control, preventing complications or disputes that could arise from unauthorized third-party involvement.
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No Third Party Options. There are no existing agreements, options, commitments, or rights with, of or to any person to acquire any of Seller's assets, properties or rights included in the Acquired Assets or any interest therein.
No Third Party Options. There are no existing agreements, ---------------------- options, commitments or rights with, of or to any person to acquire any of the Business' assets, properties, or rights included in the Acquired Assets or any interest therein, except for those contracts entered into in the normal course of business consistent with past practice for the sale of inventory of the Business.
No Third Party Options. There are no existing agreements with, options ---------------------- or rights of, or commitments to any Person, other than to Buyer, to acquire any of the Assets or any interest therein.
No Third Party Options. There are no existing agreements, options, commitments or rights with, of or to any person to acquire any of the Business’s assets, properties or rights included in the Assets or any interest therein.
No Third Party Options. There are no existing agreements with, options or commitments to or rights of any person to acquire any of the Assets or any interest therein.
No Third Party Options. There are no agreements, options, commitments or rights with, of or to any Person (other than Purchaser) to acquire any of the assets, properties, rights, shares or other equity interests of the Company, and the Company is not a party to any agreement to merge into (or have another entity merge into it) or consolidate with another entity.
No Third Party Options. Except as set forth in Schedule 3.1.3, there are no existing agreements, options, commitments or rights with, of or to any person to acquire any of the assets, properties or rights included in the Acquired Assets or any interest therein.
No Third Party Options. There are no agreements, options, or commitments with, of or to any person to acquire the Subject Property that were created during Seller’s period of ownership. To Seller’s knowledge, there are no agreements, options or commitments with, of or to any person to acquire the Subject Property that were created prior to Seller’s period of ownership that would continue to be in effect on or after the Effective Date.
No Third Party Options. Except as set forth in 6.6 below, there are no existing agreements, options, commitments or rights with, of, or to any person to acquire any of the Property or any interest therein, except for those agreements entered into in the normal course of business consistent with past practice for the sale of Inventory of Seller.
No Third Party Options. Except as provided in the Disclosure Schedule with respect to the options to purchase 13,800 shares of Shelby County Common Stock under the Stock Option Plan, there are no agreements, options, commitments or rights with, of or to any third party to acquire any shares of capital stock or assets of Shelby County, SCSB or either of the Subsidiaries which are binding upon Shelby County, SCSB or either of the Subsidiaries.