Common use of OFFER ACCEPTANCE Clause in Contracts

OFFER ACCEPTANCE. 34.1. In as much as this Agreement may be signed by either the Seller or the Purchaser when presented to the other of them, it shall constitute an offer made by the signing party (the "Offeror") which offer shall not be capable of being withdrawn for a period of 5 (five) days from the date of the Offeror's signature. 34.2. In the event that a counter-offer is made to the Offeror by the other Party, then such counter- offer shall remain open for acceptance by the Offeror for a period of 2 (two) hours after having been dispatched to the Offeror by the other Party. 34.3. The Agreement shall only become binding as amongst the Seller and the Purchaser provided if amendments made hereto in terms of any offer or counter-offer have been agreed to in writing by all the Parties.

Appears in 5 contracts

Samples: Agreement of Sale, Agreement of Sale, Agreement of Sale

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