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.
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Qualified Acceptance. 23 10.4. Satellite Replacement............................................ 23
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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.
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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.
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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.
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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.
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Qualified Acceptance. 49 23.2. Calculation of Damages........................................... 49
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Related to Qualified Acceptance

  • Deemed Acceptance You are required to accept the terms and conditions set forth in this Agreement prior to the Vesting Date in order for you to receive the Award granted to you hereunder. If you wish to decline this Award, you must reject this Agreement prior to the Vesting Date. For your benefit, if you have not rejected the Agreement prior to the Vesting Date, you will be deemed to have automatically accepted this Award and all the terms and conditions set forth in this Agreement. Deemed acceptance will allow the shares to be released to you in a timely manner and once released, you waive any right to assert that you have not accepted the terms hereof.

  • Card Acceptance When accepting a Card, ▇▇▇▇▇▇▇▇ will follow the steps provided by Servicer for accepting Cards and will: (a) determine in good faith and to the best of its ability that the Card is valid on its face; (b) obtain Authorization from the Card Issuer to charge the Cardholder's account; (c) unless the Sales Draft is electronically generated or is the result of a mail, internet, phone or preauthorized order, (i) obtain an Imprint of the Card including embossed data from the merchant imprinter plate; and (ii) obtain the Cardholder's signature on the Sales Draft and compare that signature to the signature on the Card; (d) enter a description of the goods or services sold and the price thereof (including any applicable taxes); (e) deliver a true and completed copy of the Sales Draft to the Cardholder at the time the goods are delivered or services performed, or, if the Sales Draft is prepared by a point-of-sale terminal, at the time of the sale; (f) offer the Sales Draft to Servicer for purchase according to Servicer's procedures and the terms of this Agreement; and (g) make a Card Imprint, if the Transaction is not based upon a mail, internet, phone or pre-authorized order.

  • BID ACCEPTANCE PERIOD A bid shall constitute an irrevocable offer for a period of ninety (90) days from the bid opening date or until the date of award. In the event that an award is not made by the County within ninety (90) days from the bid opening date, the Bidder may withdraw their bid or provide a written extension of their bid.

  • Order Acceptance ▇▇▇▇▇▇▇’▇ acceptance of the Order and consequent agreement to the Contract by either: (a) delivering the Goods, Services, or Digital Services; or

  • No Implied Acceptance Payment does not imply acceptance of Contractor’s invoice, Goods, Services, or Deliverables. Contractor shall immediately refund any payment made in error. The JBE shall have the right at any time to set off any amount owing from Contractor to the JBE against any amount payable by the JBE to Contractor under this Agreement.