Best Offer Sample Clauses
The Best Offer clause requires a party to present the most favorable terms or price available to another party, typically before finalizing a transaction with a third party. In practice, this means that if a seller receives a better offer from someone else, they must give the original party the opportunity to match or exceed that offer. This clause ensures fairness and transparency in negotiations, protecting the interests of the party entitled to the best offer by preventing them from being bypassed for a superior deal elsewhere.
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Best Offer. The Auction Banker(s) shall advise Providence, Manheim and the Company of the best offer obtained in the Auction (taking into account all financial, regulatory, legal and other aspects of such offers, including the financing terms thereof, if any, the form of payment of the purchase price and such Auction Banker(s)’ reasonable judgment as to the certainty of consummating such Company Sale) (such offer, the “Best Offer”), and Providence, Manheim, the Company and the other Stockholders shall use commercially reasonable efforts to consummate the Company Sale pursuant to the Best Offer as expeditiously as practicable.
Best Offer. Notwithstanding anything set forth in this Agreement, in the event that the Seller receives an offer from a third-party to purchase the Assets, for a total consideration greater than $1,100,000US (the “Best Offer Consideration”), the Seller shall have the right to sell the Assets to such third-party (the “Best Offer Sale”). Forthwith after the closing of the transactions resulting in the Best Offer Sale, the Seller shall pay to the Purchaser 20% of the Best Offer Consideration received by the Seller, net of: (i) the Seller’s transaction expenses; and (ii) such portion of the Best Offer Consideration as shall be required to be paid to other creditors of Wellness.
Best Offer. During the Contract Term, if OGS becomes aware that the Contractor is selling substantially the same or a smaller quantity of a Service outside of this Contract upon the same or similar terms and conditions as that of this Contract at a lower price to a Government Entity, then OGS reserves the right to consult with the Contractor. After such consultation, OGS may request that Contractor reduce the then current Contract price to the lower price. OGS reserves the right to request information to verify pricing for the purposes of this clause.
Best Offer. Best Offer" shall have the definition set forth in Section 11.7.
Best Offer. Since the beginning of 2007, Seller has conducted several negotiations with potential purchasers for the sale of Seller’s business or Seller’s shares. None of such negotiations materialized due to commercial reasons. Seller is not aware of any superior offer currently available to Seller with respect to the purchase of Seller’s Business or shares. Seller is of the opinion that the transaction contemplated by this Agreement is the best offer available to Seller as of the date hereof and as of the Closing.
Best Offer. The transactions contemplated by the Transactional Agreements shall be determined by the Bankruptcy Court to be the highest and best offer for the Assets.