Mr. Ferguson, the buyer, was naturally upset, and sued, seeking an order of “specific performance” to enforce the deal, based on well established law that an offer to purchase is a legally binding contract for
Related toOffer Purchasers PURCHASER PURCHASE ORDERSPurchaser Orders may be terminated: (a) upon the mutual written agreement of the parties; (b) by the non-breaching party where the breach is not cured within thirty (30) calendar days after written notice of breach is delivered to the breachin...
Offer Formmeans the Offer Form set out in Part 3 of this Tender Document; Purchase Offershall have the meaning assigned to such term in Section 2.25(a). Tenderer/Biddermeans the firm or Company (hereinafter called Tenderer/ Bidder) who duly submits the tender after accepting all the terms ...
pre-paid offer or different supply supplied or sold by or on behalf of Spotify for entry to a Paid Subscription (Code”), separate terms and conditions offered to you along with the Code might also apply to your entry to the Service and you agree to comply with any such terms and situat...
Day 2 Lawyers Need Numbers [Tuesday, May 14, 10:00 am to 1:00 pm] This session will focus on the provisions in the acquisition agreement that specify the purchase price for the business. We will discuss the client’s...
同时the purpose of the letter was simply to invite the other party to make the formal offer. Meanwhile there was no sufficient conditions in the letter. 这引导我们来到可以区分他们的第二个方面:whether it is reasonable for the other party to expect further negotiation. Where it is, the statemen...
Under the Current Company Law, no response within thirty days of the notice is deemed as consent to the transfer, while under the New Company Law, it is deemed as a waiver of the preemptive rights; Correspondingly, the oblig...
“It is elementary that an offer communicated through the mail cannot constitute a contract until it is accepted. But, when such offer is accepted and the acceptance thereof, or a letter containing the acceptance, is placed in the mail, properly stamped and directed to the one making the ...
When a bank pays for a check that was written to a customer who has a checking account with the bank. In business, when a buyer agrees to purchase a product from a seller even if the product or goods was not what was originally agreed upon. If they fail to reject the goods or do ...
The Offer shall contain all instructions and materials necessary to enable such Holders to tender Securities pursuant to the Offer to Purchase. The Offer shall also state: Change of Control Offer has the meaning provided in Section 4.15. Initial Offer means the initial offer of Participating Shares...