Binding Offer definition

Binding Offer means the irrevocable binding offers submitted by preferred bidders during the Public Sales Process;
Binding Offer has the meaning ascribed to this term in clause 11.2 (Exit process).
Binding Offer shall have the meaning ascribed to it in Section 18;

Examples of Binding Offer in a sentence

  • No withdrawal of Offer shall be permissible during the Period of the Validity of the Binding Offer.

  • Any Binding Agreement that is settled in accordance with paragraph 17(a) and executed or any Binding Offer that is selected as a successful bid in accordance with paragraph 17(b) shall be a “ Successful Bid”.

  • The Receiver, Broker, Legal Owners and Beneficial Owners and their respective representatives and advisors shall have no liability or obligations whatsoever to any party or person in connection the Sale Process, including but not limited to arising from any rejection of any Bid, Qualified Bid or Binding Offer.

  • No withdrawal of Price Bid shall be permissible during the Period of the Validity of the Binding Offer.

  • Any withdrawal/ modification of a Binding Offer by the Bidder shall entail cancellation of Registration of such entity and also revocation of the special status (if any) of such entity.


More Definitions of Binding Offer

Binding Offer means an offer to acquire all or substantially all of the Scully Mine Assets.
Binding Offer has the meaning set forth in the Preamble.
Binding Offer has the meaning set forth in Clause 2.6(c).
Binding Offer means an offer not less than the Vendor's price set out in the Authority Particulars and on terms no less favourable than those set out in the Authority Particulars and which is, or would be when signed by the Vendor, enforceable by an order for specific performance or upon the breach of which either the Vendor or the other party would be entitled to an award of damages.
Binding Offer means the unsolicited binding offer delivered to Yamana by Pan American and Agnico on November 3, 2022;
Binding Offer shall have the meaning set forth in Section 9.4.
Binding Offer means (i) an offer which is made by Seller and which is binding and not subject to any condition precedent whatsoever other than compulsory pre-closing regulatory approvals, (ii) an offer which is valid for a period of at least two (2) months from its receipt by Buyer and (iii) an offer which provides for a consideration which is wholly in cash and fully payable at the closing of the relevant transaction; •