FORMAL TENDER Sample Clauses

FORMAL TENDER. Formal tender of deed and purchase money are waived.
AutoNDA by SimpleDocs
FORMAL TENDER. The property is to be offered for sale by Formal Tender. All interested parties are invited to submit tenders indicating their specified offer to purchase the property by 12:00pm (noon) at the latest on Friday 29th May 2015. All tenders submitted are required to include the following:
FORMAL TENDER. The formal tender of an executed deed and the Purchase Price are hereby waived, but nothing herein contained shall be construed as a waiver of Seller’s obligation to deliver the deed and/or the concurrent obligation of Purchaser to pay the Purchase Price at Closing.
FORMAL TENDER. A process requiring the tender to be advertised in the local media and the tender opening to be made publicly. Tenders are to be date-stamped on receipt and, if sealed, must remain sealed until the public opening. For tendering of greater than one hundred thousand ($100,000) dollars, advertising may occur nationally.
Time is Money Join Law Insider Premium to draft better contracts faster.