Drafts Not an Offer Sample Clauses
The "Drafts Not an Offer" clause clarifies that any draft versions of an agreement or contract circulated between parties do not constitute a binding offer. In practice, this means that sharing or discussing preliminary drafts, whether in email, print, or other formats, does not obligate either party to accept the terms or enter into a contract. This clause is essential for preventing misunderstandings or premature legal obligations, ensuring that only finalized and formally executed documents are considered valid offers or agreements.
Drafts Not an Offer. The submission of a draft of this Agreement by one Party to another is not intended by either Party to be an offer to enter into a legally binding contract with respect to the purchase and sale of the Property. The Parties will not be legally bound in any manner with respect to a purchase and sale of the Property unless and until each of Seller and Buyer have duly executed this Agreement and the Parties have delivered that fully executed Agreement to Escrow Agent.
Drafts Not an Offer. THE SUBMISSION OF A DRAFT, OR A MARKED UP DRAFT, OF THIS AGREEMENT BY ONE PARTY TO ANOTHER IS NOT INTENDED BY EITHER PARTY TO BE AN OFFER TO ENTER INTO A LEGALLY BINDING CONTRACT WITH RESPECT TO THE PURCHASE AND SALE OF THE PROPERTY. THE PARTIES SHALL BE LEGALLY BOUND WITH RESPECT TO THE PURCHASE AND SALE OF THE PROPERTY PURSUANT TO THE TERMS OF THIS AGREEMENT ONLY IF AND WHEN THE PARTIES HAVE BEEN ABLE TO NEGOTIATE ALL OF THE TERMS AND PROVISIONS OF THIS AGREEMENT IN A MANNER ACCEPTABLE TO EACH OF THE PARTIES IN THEIR RESPECTIVE SOLE DISCRETION, THE SELLER AND BUYER HAVE FULLY EXECUTED AND DELIVERED TO EACH OTHER A COUNTERPART OF THIS AGREEMENT.
Drafts Not an Offer. The submission of a draft of this Agreement by one Party to another is not intended by either Party to be an offer to enter into a legally binding contract with respect to the purchase and sale of the Property. The Parties will not be legally bound in any manner with respect to a purchase and sale of the Property unless and until each of Seller and Buyer have duly executed this Agreement and the Parties have delivered that fully executed Agreement to Escrow Agent. Any submission by ▇▇▇▇▇ of an executed copy of this Agreement to Seller shall be construed solely as an offer by Buyer to purchase the Property which may be accepted by Seller only by Seller’s execution of such Agreement or a counterpart as provided below.
Drafts Not an Offer. The Parties agree that the submission of a draft of this Agreement by one Party to another is not intended by either Party to be an offer to enter into a legally binding contract with respect to the purchase and sale of the Property pursuant to the terms of this Agreement. The parties shall be legally bound with respect to the purchase and sale of the Easement Area pursuant to the terms of this Agreement only if (i) Seller and the Town Manager of Tiburon (on behalf of Purchaser) have fully executed and delivered to each other a counterpart of this Agreement, and (ii) the Town Council of Tiburon has approved this Agreement at a public meeting by adoption of a resolution or minute action Seller agrees that this offer shall be not be revoked for a period of thirty (30) days following presentation to Purchaser by Seller.
Drafts Not an Offer. The parties hereto agree that the submission of any drafts of this Agreement by one party to another is not intended by either party to be an offer to enter into a legally binding contract with respect to the purchase and sale of the Purchased Assets. The parties shall be legally bound with respect to the purchase and sale of the Purchased Assets pursuant to the terms of this Agreement only if and when the parties have been able to negotiate all of the terms and provisions of this Agreement in a manner acceptable to each of the parties in their respective sole discretion, and each of Seller and Purchaser have fully executed and delivered to each other a counterpart of this Agreement. [THE REMAINDER OF THIS PAGE IS INTENTIONALLY LEFT BLANK.]