Common use of CONTENTS OF OFFER Clause in Contracts

CONTENTS OF OFFER. The Offer shall specify the price and terms and conditions of such sale, the name of the Proposed Purchaser (which term shall, in the case of an intended offer by the Selling Participant, mean the person or persons to whom the Selling Participant intends to offer its interest) and, if the offer received by the Selling Participant from the Proposed Purchaser provides for any consideration payable to the Selling Participant otherwise than in cash, the Offer shall include the Selling Participant's good faith estimate of the cash equivalent of the non-cash consideration.

Appears in 1 contract

Sources: Joint Venture Agreement (Genco Resources LTD)

CONTENTS OF OFFER. The Offer shall specify the price and terms and conditions of such sale, the name of the Proposed Purchaser Optionee (which term shall, in the case of an intended offer by the Selling Participant, mean the person or persons to whom the Selling Participant intends to offer its interest) and, if the offer Offer received by the Selling Participant from the Proposed Purchaser Optionee provides for any consideration payable to the Selling Participant otherwise than in cash, the Offer shall include the Selling Participant's good faith estimate of the Selling Participant of the cash equivalent of the non-cash consideration.

Appears in 1 contract

Sources: Earning Option Agreement (Genco Resources LTD)