Tender Acceptance Clause Samples

The 'Tender; Acceptance' clause defines the process by which one party formally offers to perform its contractual obligations (tender) and how the other party acknowledges and accepts that performance. In practice, this clause outlines the requirements for making a valid tender, such as providing notice or presenting goods or services at a specified time and place, and details the conditions under which acceptance is deemed to occur. Its core function is to ensure both parties understand the steps necessary for fulfilling contractual duties, thereby reducing disputes over whether obligations have been properly met.
Tender Acceptance. Note Holder shall tender Note Holder’s signed Documents to the Fund for acceptance by the Manager of the Fund, in the Manager’s sole discretion. The Fund will hold the tendered documents and consideration pending the Fund’s review of such documents and acceptance of Note Holder as a Note Holder in the Offering. If the Fund does not accept the tender, then the Fund will so inform the Note Holder, and return Note Holder’s funds.
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Tender Acceptance. Merger Sub shall have accepted for payment all shares of Company Common Stock validly tendered (and not properly withdrawn) pursuant to the Offer.
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Tender Acceptance. At the conclusion of the matter referred to hereinbefore, the Council will decide to whom the Contract shall be awarded. Following a 5 day stand still period the successful Tenderer will be required to enter into an Agreement with the Council as detailed in the Contract Data.
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Tender Acceptance. The employer will not be bound to accept the tender. No reason for the acceptance or rejection of the tender will be given.
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Related to Tender Acceptance

  • Order Acceptance ▇▇▇▇▇▇▇’▇ acceptance of the Order and consequent agreement to the Contract by either: (a) delivering the Goods, Services, or Digital Services; or

  • Deemed Acceptance You are required to accept the terms and conditions set forth in this Agreement prior to the Vesting Date in order for you to receive the Award granted to you hereunder. If you wish to decline this Award, you must reject this Agreement prior to the Vesting Date. For your benefit, if you have not rejected the Agreement prior to the Vesting Date, you will be deemed to have automatically accepted this Award and all the terms and conditions set forth in this Agreement. Deemed acceptance will allow the shares to be released to you in a timely manner and once released, you waive any right to assert that you have not accepted the terms hereof.

  • Payment Not Acceptance Payment of any progress payment or final payment shall not constitute acceptance of Work that is defective or otherwise fails to conform to the Agreement, or a waiver of any rights or remedies the Department may have with respect to defective or nonconforming Work.

  • Acceptance; Purchase Buyer shall accept the goods and pay sum of: $88,170.00 for the goods in accordance with the terms of this Agreement.

  • CONTRACT ACCEPTANCE By acceptance of this order, ▇▇▇▇▇▇ agrees that the scope of the work required is understood by ▇▇▇▇▇▇; that there are no informal commitments by Buyer that in any way affect the work under this order; that there are no open or unresolved issues related to this order except as explicitly stated herein; and that ▇▇▇▇▇▇ therefore understands and agrees that this order states the complete agreement of the parties. CAS requirements do not apply if the order does not exceed $650,000 or if the Seller claims an exemption per the Proposal Representation and Certification, or if certified cost or pricing data was not provided.