Common use of Intent to Respond Clause in Contracts

Intent to Respond. 3.1 By indicating its intent to respond to a particular request in the manner indicated in Lilly's eSourcing system, Participant represents that it has a bona fide interest in participating in the request and accepts this Participation Agreement. 3.2 Participant may withdraw from the request process for any reason prior to submitting a response. Participant may withdraw for any reason after submitting a response except to the extent that the request requires the submission to comprise a firm offer remaining open for a specified amount of time. Lilly requests the courtesy of written notice if Participant chooses to withdraw, although none is required. Participant's failure to submit a response to the request or to furnish any additional information requested by Lilly within the time designated by Lilly is deemed a withdrawal. 3.3 Participant bears all its own costs of responding to the request, including the costs of preparing its submission and responding to any additional requests for information. 3.4 Lilly may do any of the following in its sole discretion: 3.4.1 Withdraw the request. 3.4.2 Exclude any Participant. 3.4.3 Issue any other requests for information, proposals, or quotations, including requests that are similar to this one. 3.4.4 Accept or reject any or all responses to the request.

Appears in 4 contracts

Samples: Participation Agreement, Participation Agreement, Participation Agreement

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