Withdrawal or revocation Clause Samples

The 'Withdrawal or revocation' clause defines the conditions under which a party may retract or cancel an offer, consent, or agreement before it becomes binding or effective. In practice, this clause outlines the process for notifying the other party of the intent to withdraw or revoke, and may specify any time limits or formal requirements for such actions. Its core function is to provide flexibility and clarity, ensuring that parties are aware of their rights to change their position before final commitments are made, thereby reducing the risk of unintended obligations.
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Withdrawal or revocation this Agreement is given for valuable consideration and shall not be withdrawn or revoked by the Subscriber once tendered to the Company with the Subscription Price;
Withdrawal or revocation. This Subscription Agreement is given for -------------------------- valuable consideration and shall not be withdrawn or revoked by the Subscriber once tendered with the Subscription Price except for Subscribers in British Columbia or Alberta subscribing by offering memorandum exemption who shall have a right to cancel the subscription by midnight on the second business day after the Subscriber has signed this agreement;
Withdrawal or revocation. Any contracting party may withdraw from this agreement upon thirty days' written notice to each other contracting State, which notice shall be given only after the repeal of this agreement by the legislature of such State, if adoption was by legislative act, or after renunciation by the appropriate administrative official of such contracting State if the laws thereof empower him so to renounce.