DATED
_____________
EXCLUSIVITY AGREEMENT
relating to
____________________
between
__________________________
and
__________________________
Produced by www.homekeys.co.uk
CONTENTS
CLAUSE
Page
1.
Interpretation................................................................................................................. 1
2.
Seller's obligations ........................................................................................................ 2
3.
Buyer's obligations........................................................................................................ 3
4.
Termination................................................................................................................... 3
5.
Remedies....................................................................................................................... 3
6.
Time of the essence....................................................................................................... 3
7.
Exclusion of third party rights ...................................................................................... 3
Produced by www.homekeys.co.uk
THIS AGREEMENT is dated
PARTIES
(1)
________________________________________________ (Seller).
(2)
________________________________________________ (Buyer).
BACKGROUND
(A)
The Buyer and the Seller intend to enter into the Transaction subject to
contract.
(B)
The Seller does not intend to enter into the Transaction with anyone other than
the Buyer during the Exclusivity Period.
(C)
The Buyer and the Seller are entering into this agreement in good faith and are
relying on its terms.
AGREED TERMS
1.
INTERPRETATION
1.1
The definitions in this clause apply in this agreement.
Buyer’s Obligations: the obligations of the Buyer set out in clause 3.
Buyer’s Solicitors: _______________________________________
of _____________________________________________________
(reference ________