Not Binding Until Signed by Seller Sample Clauses

Not Binding Until Signed by Seller. Seller has prepared this Agreement in response to Xxxxx's expressed interest to purchase the Property, as defined in Section 2.7, upon the terms and conditions contained herein. This Agreement does not constitute an offer by Seller to sell the Property to Buyer, and thus Xxxxx's signature on the Agreement does not constitute an acceptance of any offer. Instead, Xxxxx's delivery of this Agreement to Seller, signed and initialed by Xxxxx, constitutes only Xxxxx's offer to purchase the Property upon the terms and conditions contained herein. Unless and until Xxxxxx accepts Xxxxx's offer to purchase the Property, as evidenced by Xxxxxx's execution of this Agreement below and subsequent delivery of the signed Agreement to Buyer, there will be no contract between the Parties.
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Not Binding Until Signed by Seller. This Agreement has been prepared in response to Xxxxx's expressed interest to purchase the Property (as defined in Section 2.7), upon the terms and conditions contained herein. The submission of this Agreement to Buyer does not create a binding obligation on the part of Seller. This Agreement does not constitute an offer by Seller to sell the Property to Buyer, and thus Xxxxx's signature on this Agreement does not constitute an acceptance of any offer. Instead, Xxxxx's delivery of this Agreement to Seller, signed and initialed by Xxxxx, constitutes only Xxxxx's offer to purchase the Property upon the terms and conditions contained herein. This Agreement shall not be binding on Seller and there shall be no contract between the Parties unless and until Seller accepts Xxxxx's offer to purchase the Property, as evidenced by Seller's execution of this Agreement and subsequent delivery of the executed Agreement to Buyer. Seller has the right, without incurring any liability, to reject this Agreement without cause or explanation to Buyer.
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Related to Not Binding Until Signed by Seller

  • Agreement Binding This Agreement shall be binding upon the heirs, executors, administrators, successors and assigns of the parties hereto.

  • Non-Binding Unless expressly authorised in writing by the Group-Wide Lenders and then on such terms and conditions as the Group-Wide Lenders may require, the Steering Committee shall not negotiate the terms of or enter into any agreement on behalf of the Group-Wide Lenders of any of them. This Clause 19 and Clause 14.4 may be relied upon by any member of the Steering Committee notwithstanding the provisions of Clause 17.11.

  • Binding Agreements This Agreement and the other Financing Documents executed and delivered by the Borrowers have been properly executed and delivered and constitute the valid and legally binding obligations of the Borrowers and are fully enforceable against each of the Borrowers in accordance with their respective terms, subject to bankruptcy, insolvency, reorganization, moratorium and other laws of general application affecting the rights and remedies of creditors and secured parties, and general principles of equity regardless of whether applied in a proceeding in equity or at law.

  • Binding Agreement This Agreement shall be binding and inure to the benefit of the Parties hereto and their respective heirs, legal successors, and assigns.

  • Execution and Binding Obligation This Agreement has been duly executed and delivered by the Purchaser, and constitutes a legal, valid and binding agreement of the Purchaser enforceable against it in accordance with its terms subject only to any limitation under bankruptcy, insolvency or other Law affecting the enforcement of creditors’ rights generally and the discretion that a court may exercise in the granting of equitable remedies such as specific performance and injunction.

  • Legal and Binding Agreement This Agreement is legal and binding between the Parties as stated above. This Agreement may be entered into and is legal and binding both in the United States and throughout Europe. The Parties each represent that they have the authority to enter into this Agreement.

  • Agreement Binding on Successors This Agreement will be binding upon, and inure to the benefit of, the successors of each of the Parties.

  • Legally Binding The terms of this Agreement contained herein are contractual, and not a mere recital.

  • Binding Obligations This Agreement and each of the other Transaction Documents to which it is a party constitutes legal, valid and binding obligations of the Servicer, enforceable against the Servicer in accordance with their respective terms, except (i) as such enforceability may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting the enforcement of creditors’ rights generally and (ii) as such enforceability may be limited by general principles of equity, regardless of whether such enforceability is considered in a proceeding in equity or at law.

  • SUCCESSION AND BINDING AGREEMENT Except as otherwise set forth herein, all of the terms and provisions of this Agreement shall be binding upon and shall inure to the benefit of the successors and assignees of Department and Concessionaire and binding on a Trustee in bankruptcy.

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