If Offer Not Accepted Clause Samples

If Offer Not Accepted. If ExxonMobil chooses not to exercise its purchase rights by the end of the Due Diligence Period, then: (i) ExxonMobil will notify Distributor in writing of its decision, (ii) ExxonMobil will inform Distributor as to whether ExxonMobil consents to the Transfer and, if so, which conditions will apply to the Transfer, and (iii) Distributor retains the Option Deposit.