RESTRICTIVE OFFER PROVISIONS Clause Samples
Restrictive Offer Provisions are contractual terms that limit or control the ability of one or both parties to make or accept offers related to the subject matter of the agreement. These provisions may, for example, prohibit a seller from soliciting or accepting competing offers for a certain period, or restrict a buyer from negotiating with other parties. By imposing such limitations, the clause helps ensure exclusivity and commitment during negotiations, reducing the risk of parties abandoning the deal for better offers and thereby providing stability and predictability to the transaction process.
RESTRICTIVE OFFER PROVISIONS. If specifications preclude an otherwise qualified bidder from submitting a bid, a written request for modification must be received by the Buyer at least seven (7) calendar days prior to the bid due date. All bidders will be notified by a written addendum to the solicitation of any approved changes.
RESTRICTIVE OFFER PROVISIONS. If specifications preclude an otherwise qualified offeror from submitting an offer, a written request for modification must be received by the Buyer at least seven (7) calendar days prior to the proposal due date. All offerors will be notified by a written addendum to the solicitation of any approved changes.
RESTRICTIVE OFFER PROVISIONS. If specifications preclude an otherwise qualified offeror from submitting an offer, a written request for modification must be received by the Buyer at