Acceptance by Recipient Clause Samples
The 'Acceptance by Recipient' clause defines the conditions under which the recipient of an offer, goods, or services formally acknowledges and agrees to the terms presented. Typically, this clause outlines the methods by which acceptance can be communicated, such as in writing, by email, or through performance of certain actions, and may specify a timeframe within which acceptance must occur. Its core practical function is to ensure mutual understanding and agreement between parties, thereby reducing the risk of disputes over whether and when acceptance has taken place.
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Acceptance by Recipient. This Agreement must be signed by the Chief Executive Officer of the Recipient and returned to, and received by, the OPWC within forty-five (45) days of the date written on the first page of this Agreement. Failure of the Recipient to return a fully executed copy of this Agreement to the OPWC within the forty-five (45) day limit will result in this Agreement being declared null and void. However, upon the Recipient presenting the Director with a written explanation of the need to extend this forty-five (45) day limit, the Director, in his sole discretion, may extend the forty-five (45) day limit.
Acceptance by Recipient. This Agreement must be signed by the Chief Executive Officer and returned to and received by the Director prior to the disbursement of funds.
Acceptance by Recipient. This Agreement must be signed by the Chief Executive Officer of the Recipient and returned to, and received by, the OSGCIC within forty-five (45) days of the date written on the first page of this Agreement. Failure of the Recipient to return a fully executed copy of this Agreement to the OSGCIC within the forty-five (45) day limit will result in this Agreement being declared null and void. However, upon the Recipient presenting the Administrator with a written explanation of the need to extend this forty-five (45) day limit, the Administrator, in his sole discretion, may extend the forty-five (45) day limit.
Acceptance by Recipient. The undersigned Recipient, intending to be legally bound, hereby accepts and agrees to the terms and provisions of the preceding Non-Qualified Stock Purchase Option Agreement and the Tower Bancorp, Inc. 1995 Non-Qualified Stock Option Plan.
Acceptance by Recipient. Recipient hereby accepts:
(a) The restricted Shares subject to all of the terms and provisions of this Agreement; and
(b) As binding, conclusive and final all decisions or interpretations of the Plan Administrator upon any questions arising under the Plan or this Agreement.