Definitive Agreement definition
Examples of Definitive Agreement in a sentence
Notwithstanding paragraphs 8 through 10, which shall be legally binding, any legal obligations with respect to all other matters shall only arise if and when the Parties execute and deliver a Definitive Agreement.
Without limiting Section 3, Bidder understands, acknowledges, and agrees that no enforceable contract or agreement providing for or promising a Transaction shall be deemed to exist or shall be enforceable against ETI or any ETI Representative unless and until a Definitive Agreement for such Transaction has been executed and delivered by authorized representatives of ETI and Bidder (or other authorized seller) and all other parties thereto.
This Letter sets forth the intentions of the Parties to use reasonable efforts to negotiate, in good faith, a Definitive Agreement with respect to all matters herein.
With respect to any Proposal selected by ETI for possible negotiation of a Definitive Agreement, ▇▇▇▇▇▇ agrees to enter into good faith negotiations with ETI to finalize, and shall use reasonable best efforts (or do, or cause to be done, all things necessary or appropriate) to finalize, execute, and deliver to ETI a Definitive Agreement providing for the Transaction contemplated by such Proposal on substantially the same terms and conditions set forth in such Proposal.