Good faith offer definition

Good faith offer means the written offer that an agency that is appropriating property must make to the owner of the property pursuant to division (B) of section 163.04 of the Revised Code before commencing an appropriation proceeding.

Good faith offer means the written offer that an 63

Good faith offer means an offer:

Examples of Good faith offer in a sentence

• We have submitted what is known as a "Good Faith Offer" under the Superfund law and began negotiations with the EPA to undertake the design and engineering of the remedy.

• Xxxxxxxx shall have the option (the “Option”) to purchase all but not less than all of the Class A Stock that is the subject of the Good Faith Offer for the same price and on the same terms as set forth in the Good Faith Offer.

• If, after complying with the conditions of Article 6, DHI (the "Vendor") may Dispose of the Offered Shares to a Third Party (the "Buyer"), then the Vendor shall so notify SGF Sante (the "Beneficiary") and inform it of the identity of the Buyer and, in the case of an offer not triggered by a Good Faith Offer, the terms and conditions of the sale.

• If Xxxxxxxx does not elect to exercise the Option or fails to consummate the purchase of Class A Stock pursuant to the exercise of the Option within the applicable time periods, the Trust shall be free to accept the Good Faith Offer and to consummate the sale of the Class A Stock to the Offeror in accordance with the terms thereof.

• The purchase price and payment terms for the Class A Stock subject to the exercised Option shall be the same as stated in the Good Faith Offer.

• However, if the Good Faith Offer provides for Exhibit 1 consideration in the form of (1) securities traded on a national securities exchange or a recognized over-the-counter market, or (2) other property owned by the Offeror, the purchase price to be paid by Xxxxxxxx shall be the fair market value of such securities or other property offered by the Offeror determined by appraisal or other reasonable method.

• In September, 1999, Huffy and 10 other PRPs including Aerojet (the "Initial Offering Parties"), submitted a revised Good Faith Offer ("GFO") to the EPA whereby the Initial Offering Parties committed to begin specific design and planning work for the cleanup while continuing to negotiate in good faith to finalize a consent decree and pay $4 million in costs that the EPA had then incurred with respect to the BPOU.

• However, if the Good Faith Offer provides for consideration in the form of (1) securities traded on a national securities exchange or a recognized over-the-counter market, or (2) other property owned by the Offeror, the purchase price to be paid by Xxxxxxxx shall be the fair market value of such securities or other property offered by the Offeror determined by appraisal or other reasonable method.

• This Offer to the Corporation shall be sent to the Corporation by registered mail and shall detail the number of Offered Shares, the price (which may only be payable in cash), and the terms and conditions of the Good Faith Offer.

• If such Transfer is not consummated within sixty (60) days after the expiration of the First Refusal Period, or within such longer period as is provided for in the Good Faith Offer, the Offered Interest shall again be subject to all of the restrictions on Disposition set forth in this Agreement.

More Definitions of Good faith offer

Good faith offer is an arm’s length written offer to purchase the Distributorship Rights by a Person that is not a Distributor, which the Company, in its sole discretion, determines to be a legitimate offer. Evidence of a legitimate offer may include, but is not limited to, cash or securities deposited into an escrow account, evidence of a loan commitment, and other substantial steps taken for the sole purpose of purchasing such Distributorship Rights.

Good faith offer means a written offer addressed to TaiMed by a Third Party for the purchase of rights in the Product, which consideration is payable in cash or by bank draft.

Good faith offer the written Offer submitted in good faith by a Shareholder or by a third party pertaining to the purchase of Shares held by a Shareholder of the Corporation;

Good faith offer means an offer addressed by a Third Party to WS Acquisition for the Disposal of all or part of its Shares when the purchase price of the Shares, if any, is payable in cash or by bank draft;

Good faith offer means the written offer that an 64

Good faith offer means an offer addressed to a Shareholder for the purchase of all or part of the Shares and Convertible Securities, if any, of which such Shareholder is the registered and beneficial owner, when the purchase price of the Shares and Convertible Securities, if any, is payable in cash;