Proposal Irrevocability Sample Clauses

Proposal Irrevocability. Subject to a Proponent’s right to withdraw a Proposal in accordance with the procedure described in Section 2.6 (Withdrawal of Proposal), a Proposal shall be irrevocable by the Proponent for six (6) months from the Closing Time. Proposals will not be opened publicly.
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Proposal Irrevocability. All submitted proposals become irrevocable and shall be firm for a period of at least sixty (60) days from the Submission Deadline of this RFP. By the submission of a proposal, each proponent agrees that if their proposal is selected, they will enter a lease agreement for the work with the City, and that the content and format of such agreement will be determined by the City.
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Related to Proposal Irrevocability

  • Irrevocability Except as otherwise provided in this Section 5, a Participant’s Payment Election shall be irrevocable.

  • Revocability This General Release shall not become effective or enforceable until seven (7) calendar days after the Executive signs it. The Executive may revoke his acceptance of this General Release at any time within that seven (7) calendar day period by sending written notice to the Company. Such notice must be received by the Company within the seven (7) calendar day period in order to be effective and, if so received, would void this General Release for all purposes.

  • Notice Irrevocable Any Notice of Borrowing (or telephonic notice in lieu thereof) made pursuant to Section 2.2(b) shall be irrevocable and the Borrower shall be bound to borrow the funds requested therein in accordance therewith.

  • Irrevocability; Binding Effect The Purchaser hereby acknowledges and agrees that the subscription hereunder is irrevocable by the Purchaser, except as required by applicable law, and that this Subscription Agreement shall survive the death or disability of the Purchaser and shall be binding upon and inure to the benefit of the parties and their heirs, executors, administrators, successors, legal representatives, and permitted assigns. If the Purchaser is more than one person, the obligations of the Purchaser hereunder shall be joint and several and the agreements, representations, warranties, and acknowledgments herein shall be deemed to be made by and be binding upon each such person and such person’s heirs, executors, administrators, successors, legal representatives, and permitted assigns.

  • Drawdown Notice irrevocable A Drawdown Notice must be signed by a director, an officer or a duly authorized attorney-in-fact of the Borrowers and once served, a Drawdown Notice cannot be revoked without the prior consent of the Agent.