Common use of Offer and Acceptance; Acceptance Deadline Clause in Contracts

Offer and Acceptance; Acceptance Deadline. Buyer’s high bid constitutes an offer to purchase the Property in accordance with the terms of this Agreement which, if accepted by Seller, as evidenced by Seller’s execution and delivery of this Agreement, shall constitute the binding agreement of the parties. This offer shall be deemed automatically withdrawn (and the Xxxxxxx Money shall be returned to Buyer) if this offer is not accepted by Seller on or before 11:59 p.m. (Central Time) on December 12, 2016. Acceptance by Seller shall include delivery (including but not limited to delivery via fax or email) of the Signature Page with Seller’s signature to Buyer and/or an agent or representative of Buyer within the time specified in this Section. [The remainder of this Agreement is contained in the immediately-following Signature Page.] Bidder No.: ____ ____ IN WITNESS WHEREOF, the parties have designated the particular auction tract(s) purchased by Buyer and the amount of the Purchase Price and Xxxxxxx Money for purposes of this Agreement as follows: Tract(s) comprising (±) acres, more or less, as identified, depicted and described by reference to the same tract number(s) in the aerial auction tract map(s) and tract descriptions attached as Exhibit A, being one or more of the tracts in Xxxxxx and Fulton Counties in the State of Illinois offered at the Auction conducted on this date, and being the Purchased Tract(s) for purpose of this Agreement. Bid Amount: $ 3% Buyer’s Premium: $ Purchase Price: $______________________________ Xxxxxxx Money: $ (pay to “Xxxxxxx Title Co., Inc.”)

Offer and Acceptance; Acceptance Deadline. Buyer’s high bid constitutes an offer to purchase the Property in accordance with the terms of this Agreement which, if accepted by Seller, as evidenced by Seller’s execution and delivery of this Agreementthe Signature Page, shall constitute the binding agreement of the parties. This offer shall be deemed automatically withdrawn (and the Xxxxxxx Money shall be returned to Buyer) if this offer is not accepted by Seller on or before 11:59 p.m. (Central TimeMDT) on December 12March 22, 20162021. Acceptance by Seller shall include delivery (including but not limited to delivery via fax or email) Delivery of the Signature Page with Seller’s signature signature(s) (including delivery via electronic transmission as described above) to Buyer and/or an agent or representative of Buyer within the time specified in this SectionSection shall be sufficient to show acceptance by Seller. [The remainder of this Agreement is contained in the immediately-following Signature Page.] Bidder No.: ____ ____ IN WITNESS WHEREOF, the parties have designated the particular auction tract(s) purchased by Buyer and the amount of the Purchase Price and Xxxxxxx Money for purposes of this Agreement as follows: Tract(s) comprising (±) acres, more or less, as identified, depicted and described identified by reference to the same tract number(s) in the aerial auction tract map(s) and tract descriptions attached as Exhibit A, being one or more of the tracts located in Xxxxxx Xxxxx, Xxxxx and Fulton Xxxxxxx Counties in the State of Illinois offered Nebraska put up for bids at the Auction conducted on this date, and being the Purchased Tract(s) Tracts for purpose of this Agreement. Bid Amount: $ 32% Buyer’s Premium: $ Purchase Price: $______________________________ $ Xxxxxxx Money: $ (pay to “Xxxxxxx Title Co., Inc.”)

Offer and Acceptance; Acceptance Deadline. Buyer’s high bid constitutes an offer to purchase the Property in accordance with the terms of this Agreement which, if accepted by Seller, as evidenced by Seller’s execution and delivery of this Agreementthe Signature Page, shall constitute the binding agreement of the parties. This offer shall be deemed automatically withdrawn (and the Xxxxxxx Money shall be returned to Buyer) if this offer is not accepted by Seller on or before 11:59 p.m. (Central TimeMDT) on December 12March 22, 20162021. Acceptance by Seller shall include delivery (including but not limited to delivery via fax or email) Delivery of the Signature Page with Seller’s signature signature(s) (including delivery via electronic transmission as described above) to Buyer and/or an agent or representative of Buyer within the time specified in this SectionSection shall be sufficient to show acceptance by Seller. [The remainder of this Agreement is contained in the immediately-following Signature Page.] Bidder No.: ____ ____ IN WITNESS WHEREOF, the parties have designated the particular auction tract(s) purchased by Buyer Xxxxx and the amount of the Purchase Price and Xxxxxxx Money for purposes of this Agreement as follows: Tract(s) comprising (±) acres, more or less, as identified, depicted and described identified by reference to the same tract number(s) in the aerial auction tract map(s) and tract descriptions attached as Exhibit A, being one or more of the tracts located in Xxxxxx Xxxxx, Xxxxx and Fulton Xxxxxxx Counties in the State of Illinois offered Nebraska put up for bids at the Auction conducted on this date, and being the Purchased Tract(s) Tracts for purpose of this Agreement. Bid Amount: $ 32% Buyer’s Premium: $ Purchase Price: $______________________________ $ Xxxxxxx Money: $ (pay to “Xxxxxxx Thalken Title Co., Inc.”)

Offer and Acceptance; Acceptance Deadline. Buyer’s high bid constitutes an offer to purchase the Property in accordance with the terms of this Agreement which, if accepted by Seller, as evidenced by Seller’s execution and delivery of this Agreement, shall constitute the binding agreement of the parties. This offer shall be deemed automatically withdrawn (and the Xxxxxxx Money shall be returned to Buyer) if this offer is not accepted by Seller on or before 11:59 p.m. (Central Time) on December 12, 2016. Acceptance by Seller shall include delivery (including but not limited to delivery via fax or email) of the Signature Page with Seller’s signature to Buyer and/or an agent or representative of Buyer within the time specified in this Section. [The remainder of this Agreement is contained in the immediately-following Signature Page.] Bidder No.: ____ ____ IN WITNESS WHEREOF, the parties have designated the particular auction tract(s) purchased by Buyer Xxxxx and the amount of the Purchase Price and Xxxxxxx Money for purposes of this Agreement as follows: Tract(s) comprising (±) acres, more or less, as identified, depicted and described by reference to the same tract number(s) in the aerial auction tract map(s) and tract descriptions attached as Exhibit A, being one or more of the tracts in Xxxxxx and Fulton Xxxxxx Counties in the State of Illinois offered at the Auction conducted on this date, and being the Purchased Tract(s) for purpose of this Agreement. Bid Amount: $ 3% Buyer’s Premium: $ Purchase Price: $______________________________ Xxxxxxx Money: $ (pay to “Xxxxxxx Title Co., Inc.”)