First Option To Purchase Agreement Template for Germany

1. Due Diligence: Terms regarding the option holder's right to conduct due diligence, used when the subject matter requires significant investigation

2. Exclusivity: Provisions preventing the grantor from offering the asset to third parties, included when exclusive rights are negotiated

3. Financing Conditions: Terms related to the option holder's financing arrangements, included when purchase is contingent on financing

4. Tax Provisions: Specific tax-related terms and allocations, included when there are significant tax implications

5. Property Management: Terms regarding management of property during the option period, included for real estate options

6. Intellectual Property Rights: Special provisions for IP-related matters, included when the option involves intellectual property

7. Competition Law Compliance: Specific provisions ensuring compliance with competition laws, included when parties are competitors or transaction size requires it

1. Schedule 1 - Property Description: Detailed description of the property or asset subject to the option

2. Schedule 2 - Purchase Price Calculation: Detailed methodology for calculating the purchase price, if applicable

3. Schedule 3 - Form of Option Exercise Notice: Template notice for exercising the option

4. Schedule 4 - Due Diligence Requirements: List of required due diligence items and processes

5. Schedule 5 - Permitted Encumbrances: List of accepted encumbrances or limitations on the property/asset

6. Appendix A - Required Regulatory Approvals: List of necessary regulatory approvals and requirements

7. Appendix B - Current Title Documentation: Copies of relevant title documents or certificates