Common use of Termination of Offer Clause in Contracts

Termination of Offer. If the person or persons comprising a proposed Successor Dealership to which any offer of a Term Sales and Service Agreement for Nissan Products shall have been made pursuant to this Section 14 do not accept same within thirty (30) days after notification to them of such offer, such offer shall automatically expire.

Appears in 5 contracts

Samples: Service Agreement (Group 1 Automotive Inc), Service Agreement (United Auto Group Inc), Service Agreement (Lithia Motors Inc)

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Termination of Offer. If the person or persons comprising a proposed Successor Dealership to which any offer of a Term Sales and Service Agreement for Nissan Products shall have been made pursuant to this Section 14 do not accept same within thirty (30) days after notification to them of such offer, such offer shall automatically expire. SECTION 15.

Appears in 1 contract

Samples: Dealer Sales and Service Agreement

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