Common use of Acceptance of Offer Clause in Contracts

Acceptance of Offer. 3.1 This agreement constitutes and offer by the Purchaser and shall remain open for acceptance by the Seller or by the Auctioneer on behalf of the Seller, for a period of 7 (Seven) business day confirmation period after the date of auction and the fall of the hammer (“the confirmation period”). The Purchaser and the Auctioneer acknowledge and agree that this provision is inserted and intended for the benefit of the seller. The offer shall remain irrevocable and open for acceptance by the Seller at any time during the confirmation period.

Appears in 3 contracts

Samples: Property Agreement, Property Agreement, Property Agreement

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Acceptance of Offer. 3.1 This agreement constitutes and offer by the Purchaser and shall remain open for acceptance by the Seller or by the Auctioneer on behalf of the Seller, for a period of 7 14 (SevenFourteen) business day confirmation period after the date of auction and the fall of the hammer (“the confirmation period”). The Purchaser and the Auctioneer acknowledge and agree that this provision is inserted and intended for the benefit of the seller. The offer shall remain irrevocable and open for acceptance by the Seller at any time during the confirmation period.

Appears in 3 contracts

Samples: Property Agreement, Property Agreement, Property Agreement

Acceptance of Offer. 3.1 This agreement constitutes and offer by the Purchaser and shall remain open for acceptance by the Seller or by the Auctioneer on behalf of the Seller, for a period of 7 14 (SevenFourteen) business day confirmation period after the date of auction and the fall of the hammer (“the confirmation period”). The Purchaser and the Auctioneer acknowledge and agree that this provision is inserted and intended for the benefit of the seller. The offer shall remain irrevocable and open for acceptance by the Seller at any time during the confirmation period.

Appears in 3 contracts

Samples: Property Agreement, Property Agreement, www.bidpro.co.za

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Acceptance of Offer. 3.1 This agreement constitutes and offer by the Purchaser and shall remain open for acceptance by the Seller or by the Auctioneer on behalf of the Seller, for a period of 7 21 (SevenTwenty-One) business day confirmation period after the date of auction and the fall of the hammer (“the confirmation period”). The Purchaser and the Auctioneer acknowledge and agree that this provision is inserted and intended for the benefit of the seller. The offer shall remain irrevocable and open for acceptance by the Seller at any time during the confirmation period.

Appears in 1 contract

Samples: Property Agreement

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