Common use of Drafts Clause in Contracts

Drafts. This Agreement shall not be binding or effective until properly executed and delivered by all of the Transferor Partners and the BRI Partnership. The delivery by the BRI Partnership to the Transferor Partners of an executed counterpart of this Agreement shall constitute an offer which may be accepted by the delivery to the BRI Partnership of a duly executed counterpart of this Agreement and the satisfaction of all conditions under which such offer is made, but such offer may be revoked by the BRI Partnership by written notice given at any time prior to such acceptance and satisfaction.

Drafts. This Agreement shall not be binding or effective until properly executed and delivered by all of the Transferor Partners Members and the BRI Partnership. The delivery by the BRI Partnership to the Transferor Partners Members of an executed counterpart of this Agreement shall constitute an offer which may be accepted by the delivery to the BRI Partnership of a duly executed counterpart of this Agreement and the satisfaction of all conditions under which such offer is made, but such offer may be revoked by the BRI Partnership by written notice given at any time prior to such acceptance and satisfaction.

Drafts. This Agreement shall not be binding or effective until properly executed and delivered by all of the Transferor Partners Corporation and the BRI Partnership. The delivery by the BRI Partnership to the Transferor Partners Corporation of an executed counterpart of this Agreement shall constitute an offer which may be accepted by the delivery to the BRI Partnership of a duly executed counterpart of this Agreement and the satisfaction of all conditions under which such offer is made, but such offer may be revoked by the BRI Partnership by written notice given at any time prior to such acceptance and satisfaction.