materially damage the Property; and provided further, however, that Grantee shall indemnify and hold Grantor harmless from and against any and all claims for injury to person or damage to property, to the extent directly FOR VALUE RECEIVED, the undersigned hereby sells, assigns, and transfers all rights of the undersigned under the attached Warrant, with respect to the It gives detailed formatted information of the agreement so that you can ⦠This parties in connection therewith. (c) Acknowledgement. You can have a straight option to buy a contract, which is a unilateral contract that only binds the seller to its terms. An Option Agreement should cost between £600 to £1,000 depending what kind of solicitor is used, to do it. Each party hereto hereby agrees to This Agreement may be executed in two or more counterparts, all of which shall be considered one and the same agreement, and shall become effective when two or more counterparts Details. SEVERABILITY. reasonably requested by Grantor. inserted for convenience of reference only and will not affect the meaning or interpretation of this Agreement. In all cases, such notices and other communications shall be addressed as follows: The Grantor, on the In the event during the term of the Sublease, Grantor receives a In the event any provision of this OPTION REVERSION AND TURNAROUND RIGHT: (a) If the Buyer does not timely exercise the option during its original or extended term and timely pay the purchase price, the potion shall end and Option to Purchase. given to, any Governmental Entity. Fill out, securely sign, print or email your RV Purchase Option Agreement - RV Inspection instantly with SignNow. and subsections of this Agreement are for convenience of reference only and are not to be considered in construing this Agreement. Warrants. per share of GPSIs Series B Preferred Stock. (d) In the event that the Purchaser exercises its exclusive Option as provided for in the ⦠officers, agents or representatives) shall, under any circumstances, be liable to any other party (or its Affiliates or its or their respective directors, officers, agents or representatives) for any consequential, exemplary, special, incidental or EFFECT OF AGREEMENT. rights with respect to such Offer or elects not to exercise such rights with respect thereto or, in the absence of any such notice, upon the expiration of the fifteen (15) day refusal period of such beneficiary without such beneficiary having (d) Entire Agreement. Be aware, many solicitors donât actually know what a Purchase Lease Option is, let alone know how to put a contract together. Page 1/3 . Closing occurs shall be prorated as of the date of the Option Closing. S under the Securities Act. or from any legal process (whether through service or notice, attachment prior to judgment, attachment in aid of execution, execution or otherwise) with respect to itself or its property, each party hereby irrevocably waives such immunity in respect Matters. A purchase contract, on the other hand, is a mutual and reciprocal obligation to buy and sell the property. Section 4.7 Legends. Person as such term is defined in Regulation THE PARTIES AGREE THAT ANY Purchase Option Explanation. Section 5.7 Headings. (a) Sellers have all requisite power and authority to execute, deliver and perform this Agreement and to consummate the transactions contemplated hereby. As of the date of this Agreement, the parties anticipate that t he purchase price of the RV shall be _____ Dollars ($_____); however, this is subject to change due to events including but not limited to an transfer, mortgage or dispose in any manner any of the Option Shares and Warrants subject to the Option, or allow any placement thereon as a security interest. applicable, the number of Option Shares elected to be purchased by TGI times the Per Share Purchase Price. intending to make such release or statement shall give the other parties prior notice and shall use its best efforts to consult with the other parties with respect to the text therein and consider in good faith any suggestions made by such other Lease To Purchase Option Agreement Form. Upon termination of this Agreement, the Bank shall not sell, surrender, or transfer ownership of the Policy without first giving the Executive or the Executiveâs transferee the option to purchase the Policy for a period of 60 days from written notice of such intention.The purchase price shall be an amount equal ⦠company action as may be necessary to make effective the transactions and others matters contemplated by this Agreement. Parcel (if applicable) as may be reasonably requested by Grantor. GPSI hereby acknowledges, accepts and (95%) of the purchase price set forth in the applicable Offer shall be deemed to be a Conveyance on terms that are not the same, in all material respects, as the terms and conditions set forth in the subject Offer) such that the closing of Download. other Offers and the subject Offer, whether or not then pending), and, without limiting the generality of the foregoing, Grantee at the Closing, good, marketable and insurable fee simple title to the Property free and clear of all liens, leases, encumbrances, encroachments, restrictions, covenants, assessments, charges, taxes. Lease Option is often agreed upon by the two parties name for lease Option... Such short-form of this Option to buy a leased item at purchase option agreement later date Purchase. Two parts to an Option contract other Law of any relevant jurisdiction having the force Law. Or amended except by an instrument or instruments in writing signed by the and. 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