Outstanding Offers Clause Samples
The 'Outstanding Offers' clause defines how offers that have been made but not yet accepted or rejected are to be treated under the agreement. Typically, this clause clarifies whether such offers remain valid, expire after a certain period, or are automatically withdrawn under specific circumstances, such as the termination of the agreement or a change in key terms. Its core practical function is to ensure clarity for both parties regarding the status of pending offers, thereby preventing misunderstandings or disputes about whether an offer can still be accepted.
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Outstanding Offers. No offer, tender, bid or proposal is outstanding which, if accepted, would result in the Target becoming a party to a Material Contract.
Outstanding Offers. No outstanding offer of employment has been made by the Corporation or the Subsidiaries to any person, nor has any person accepted an offer of employment made by the Corporation or the Subsidiaries who has not yet commenced employment with the Corporation or the Subsidiaries.
Outstanding Offers. No offer, tender or the like is outstanding which may be converted into an obligation of the Company by the unilateral act of another person.
Outstanding Offers. There is not outstanding any offer, tender or bid which is capable of being converted by acceptance into an obligation of a member of the Buyer’s Group.
Outstanding Offers. No offer, tender or the like is outstanding which is capable of being converted into an obligation of the Company by acceptance or other act of some other person.
Outstanding Offers. Save as set out in the Disclosure Letter, there is not outstanding any offer or tender which is capable of being converted by acceptance into an obligation of the Target.
Outstanding Offers. No offer or tender which is capable of being converted into an agreement binding on any Group Company, whether by acceptance or other act of some other person or in any other way, is outstanding, except in the ordinary course of business.
Outstanding Offers. Upon termination of this Agreement, the Independent Sales Representative shall deliver to, or advise the Brokerage, in writing, of any offer received, requested to be submitted, or otherwise communicated to the Independent Sales Representative with respect to any real estate or property listed with the Brokerage or with any other Brokerage which has not, prior to such termination, been delivered, submitted, or otherwise communicated in writing to the Brokerage. It is understood and agreed that upon termination of this Agreement, the Brokerage retains as its separate property all financial interests to which it, as the Brokerage or co- Brokerage, is otherwise entitled pursuant to any such offer.
Outstanding Offers. Except as disclosed in Section 3.1(qq) of the Sellers Disclosure Schedule, no outstanding offer of employment has been made by the Company to any person, nor has any person accepted an offer of employment made by the Company but who has not yet commenced employment.
Outstanding Offers. 5.20.1 No offer or tender or the like is outstanding which may be converted into an obligation of the Company exceeding L20,000 by acceptance or other act of some other person.