Expiration of Proposal Sample Clauses
The Expiration of Proposal clause defines the time period during which a proposal remains valid and open for acceptance. Typically, this clause specifies a set date or duration after which the offer automatically lapses if not accepted by the other party, ensuring that the proposer is not indefinitely bound by the terms. Its core function is to provide certainty and limit the proposer’s exposure, preventing misunderstandings or disputes about whether an offer is still available after a certain point in time.
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Expiration of Proposal. The Proposal will expire unless the Agreement and Proposal are signed within 30 days of being delivered to Customer.
Expiration of Proposal. This Agreement represents an offer to perform services. If this offer is not accepted by returning a fully executed original of this Agreement to Consultant by [INSERT A DATE], the offer to perform services as described herein will expire and be deemed to have been revoked.
Expiration of Proposal. The non-binding proposal set forth in this letter shall expire at [●:●]][●].M (California time) on [●] 2014 if we do not receive an executed counterpart of this letter, as well as an executed copy of the attached Exclusivity Agreement, by such time. We are poised to aggressively move forward towards an acquisition, and we greatly appreciate your efforts to date regarding this potential transaction. We look forward to working with you in the next stage of this process. If you have any questions, please do not hesitate to contact either myself (Office: [●]; Mobile: [●]), ▇▇▇▇ ▇▇▇ (Office: [●]; Mobile: [●]), or ▇▇▇▇ ▇▇▇ (Office: [●]; Mobile: [●]). Sincerely, ▇▇▇▇ ▇▇▇ Senior Vice President, Corporate Development Agreed and accepted: [Whig] By: Name: Title: [Whig] [Address] ATTN: [●] [Title] Dear [●]: This letter agreement sets forth the terms upon which [Whiffle], a _______ corporation (“Whiffle”), agrees to enter into discussions regarding a potential business combination (a “Transaction”) with [Whig] (the “Company”). In consideration of the substantial amount of resources ▇▇▇▇▇▇▇ expects to expend in connection with evaluating and negotiating the terms of a Transaction, and of the mutual covenants set forth below, Whiffle and the Company hereby agree as follows: