Duration of Offer Clause Samples
The "Duration of Offer" clause defines the specific time period during which an offer remains valid and open for acceptance by the other party. Typically, this clause will state a fixed expiration date or a set number of days after the offer is made, after which the offer automatically lapses if not accepted. By clearly establishing when an offer expires, this clause prevents uncertainty and disputes over whether an offer can still be accepted, ensuring both parties are aware of the timeframe for making decisions.
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Duration of Offer. The Offer shall be irrevocable for a period of 30 (Thirty) days from date of signature of the application overleaf, and this agreement, with the exception of clause 7, shall only come into operation upon the acceptance by MTC of the Offer before the expiry of the said period.
Duration of Offer. This Offer is valid until a.m./p.m. on by which time a copy of this Offer shall be signed by the SELLER, accepting this Offer and returned to the BUYER, otherwise this Offer shall be deemed rejected and the money tendered herewith shall be returned to the BUYER. Upon written notice to the BUYER or BUYER’S agent of the SELLER’S acceptance, the accepted Offer shall form a binding agreement. Time is of the essence as to each provision.
Duration of Offer. Purchaser has executed and submitted this Agreement to Seller as an offer for acceptance by Seller to be evidenced by Seller's execution of this Agreement. Purchaser's offer as represented by this Agreement shall continue in effect only until October 1, 1999. If Purchaser has not received a copy of this Agreement executed by Seller on or before that date, Purchaser's offer and this Agreement shall immediately terminate and shall no longer be of any force or effect. [the remainder of this page intentionally left blank] This Agreement for the Purchase and Sale of Commercial Real Estate has been executed as of the date first written above.
Duration of Offer. If this offer is not accepted by Seller on or before 5:00 pm EDT on July 19, 2019 and delivered to the undersigned, it shall be deemed automatically revoked.
Duration of Offer. 20.1 If this offer is not accepted by Seller on or before 5:00 P.M. according to the time standard applicable to the city of on the date of , it shall be deemed automatically revoked.
20.2 The acceptance of this offer, or of any subsequent counteroffer hereto, that creates an agreement between the Parties as described in paragraph 1.2, shall be deemed made upon delivery to the other Party or either Broker herein of a duly executed writing unconditionally accepting the last outstanding offer or counteroffer.
Duration of Offer. This offer shall expire if written acceptance endorsed hereon is not delivered to Purchaser or left for Purchaser (at) (with)
Duration of Offer. This offer may be revoked by Purchaser at any time prior to acceptance hereof by Seller.
Duration of Offer. Until signed by Us, this Agreement will be considered to be an offer by You. If this Agreement is not signed by Us and delivered to You on or before twenty-one (21) days after You sign it, then this offer will be considered void.
Duration of Offer. This offer to purchase shall be effective for thirty (30) days from the date hereof. Following acceptance of this offer and execution by the Seller of the Purchase Contract, the parties shall remain bound hereby for an additional forty-five (45) days and closing shall occur before the expiration of such period.
Duration of Offer. 20.1 If this offer is not accepted by Seller on or before5:00 P.M. according to the time standard applicable to the City of Los Angeles on the date of April 27, 2009 it shall be deemed automatically revoked.
20.2 The acceptance of this offer, or of any subsequent counteroffer hereto, that creates an agreement between the Parties as described in paragraph 1.2, shall be deemed made upon delivery to the other Party or either Broker herein of a duly executed writing unconditionally accepting the last outstanding offer or counteroffer.