Sale Price Limits Sample Clauses
The Sale Price Limits clause sets boundaries on the minimum and/or maximum price at which an asset or property can be sold under the agreement. In practice, this clause may specify that the sale cannot proceed if the price falls below a certain threshold or exceeds a predetermined cap, ensuring both parties are protected from unfavorable market fluctuations or unrealistic pricing. Its core function is to provide certainty and fairness in the transaction by preventing sales at prices that could be considered too low or excessively high, thereby managing risk and aligning expectations between the parties.
Sale Price Limits. An Employee Unit may not be sold or otherwise transferred for a sale price that exceeds the Maximum Price for the Employee Unit.