Qualified Acceptance Sample Clauses
A Qualified Acceptance clause defines the conditions under which an acceptance of an offer is considered valid only if certain modifications or qualifications are agreed upon by both parties. In practice, this means that if a party responds to an offer with changes or additional terms, the acceptance is not binding unless the original offeror agrees to those changes. For example, if a buyer accepts a seller's offer to purchase goods but requests a different delivery date, this is a qualified acceptance. The core function of this clause is to ensure that both parties are in agreement on all essential terms before a binding contract is formed, thereby preventing misunderstandings and disputes over contract terms.
POPULAR SAMPLE Copied 5 times
Qualified Acceptance. 23 10.4. Satellite Replacement............................................ 23
Qualified Acceptance. Īhis proposal must be accepted on its exact terms. If additional or different terms are proposed by PURCHASER, its response shall constitute a counter-offer and no CONĪRACĪ shall come into existence without SEĮĮER’s written assent to the counter-offer terms.
Qualified Acceptance. Purchaser shall be obligated to accept in writing a Satellite when it has been verified at the acceptance review that, although it does not fully satisfy the requisite acceptance conditions set forth in Section 10.2 hereof, its Service Life will be at least six (6) years and fifty percent (50%) or more of the transponders meet the criteria of the Performance Specification. Purchase may claim damages against Contractor as set forth in Article 23 for any Satellite which it is required to accept pursuant to this Section 10.3.
Qualified Acceptance. Qualified acceptance by Buyer ("Qualified Acceptance") will occur upon determination by Buyer, and written notification to Seller thereof, that equipment or software, although not yet accepted, is suitable for beneficial use. Buyer will have the right of free access to and use of any equipment of software with respect to which Qualified Acceptance has occurred. Qualified Acceptance will be deemed to constitute Acceptance for purposes of (i) the payment schedules set forth in Exhibit C and Buyer agrees to pay Seller in accordance with such schedule to the extent that Qualified Acceptance has occurred, (ii) passage of title under Section V(B) hereof, and (iii) start of warranty. However, Qualified Acceptance will not relieve Seller from any of its responsibilities under this Contract, including correction of deficiencies.
Qualified Acceptance. In the event Purchaser accepts any Satellite (including replacement Satellites) pursuant to Section 10.3 hereof, Contractor shall pay damages to Purchaser in accordance with this Article 23.
Qualified Acceptance. 49 23.2. Calculation of Damages........................................... 49