No Binding Contract Sample Clauses

No Binding Contract. We understand that this Bid, together with your Letter of Acceptance, and the award and execution of a Framework Agreement, shall not constitute a binding contract between us, until a formal Call-off Contract awarded under the Framework Agreement, is prepared and executed;
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No Binding Contract. BECAUSE THE PROPOSED REPC REPRESENTS A SHORT SALE, BUYER AND SELLER ACKNOWLEDGE AND AGREE THERE IS NO BINDING CONTRACT FOR THE PURCHASE AND SALE OF THE PROPERTY, AND NO XXXXXXX MONEY IS REQUIRED, UNTIL BUYER, SELLER AND THE THIRD PARTIES REACH A WRITTEN AGREEMENT WITH EACH OTHER AS PROVIDED IN SECTION 4. 4. THIRD PARTY CONDITIONS. If one or more of the Third Parties requests modifications to the Proposed REPC ("Third Party Conditions") Seller shall, no later than four (4) days after Seller's receipt of the Third Party Conditions, provide a counter offer to Buyer that includes the Third Party Conditions that modify Buyer's obligations under the REPC. The Third Party Conditions shall not be binding upon Buyer or Seller without their mutual written consent, which consent may be withheld by Xxxxx and/or Seller in their respective sole discretion. If by the Approval Deadline referenced in Section 5 below, Buyer, Seller and the Third Parties reach a written agreement, and Xxxxx has not previously cancelled the Proposed REPC as referenced in Section 7 below, then Buyer and Seller shall be deemed to have entered into a binding contract with each other for the purchase and sale of the Property, with the Third Parties approval of the Short Sale.
Sample 1
No Binding Contract. The SSMPS may, after reviewing the Tender received, enter into discussions with one or more of the Proponents, without such discussion in any way creating a binding contract. This RFT, or submission of a Tender, shall not create a legal binding contract.
Sample 1
No Binding Contract. We understand that this Bid, together with your Letter of Acceptance, and the award and execution of a Framework Agreement, shall not constitute a binding contract between us, until a formal Call-off Contract awarded under the Framework Agreement, is prepared and executed; No exclusivity: We understand that the award of a Framework Agreement, provides no form of exclusivity between the Procuring Agency/Purchaser to the XX Xxxxxx/Supplier. The Procuring Agency/Purchaser is, at all times, entitled to enter into other contracts and agreements with other suppliers for the provision of any or all goods which are the same as or similar to the Goods.
Sample 1

Related to No Binding Contract

  • Binding Contract We understand that this Tender, together with your written acceptance thereof included in your Letter of Acceptance, shall constitute a binding contract between us, until a formal contract is prepared and executed;

  • Agreement Binding This Agreement shall be binding upon the heirs, executors, administrators, successors and assigns of the parties hereto.

  • Binding Agreement This Agreement shall be binding and inure to the benefit of the Parties hereto and their respective heirs, legal successors, and assigns.

  • Binding Agreements This Agreement and the other Financing Documents executed and delivered by the Borrowers have been properly executed and delivered and constitute the valid and legally binding obligations of the Borrowers and are fully enforceable against each of the Borrowers in accordance with their respective terms, subject to bankruptcy, insolvency, reorganization, moratorium and other laws of general application affecting the rights and remedies of creditors and secured parties, and general principles of equity regardless of whether applied in a proceeding in equity or at law.

  • Binding Nature This Agreement shall be binding upon, and inure to the benefit of, the successors and personal representatives of the respective parties hereto.

  • BINDINGEFFECT Forwarding this Agreement to the Allottee by the Promoter does not create a binding obligation on the part of the Promoter or the Allottee until, firstly, the Allottee signs and delivers this Agreement with all the schedules along with the payments due as stipulated in the Payment Plan within 30 (thirty) days from the date of receipt by the Allottee and secondly, appears for registration of the same before the concerned Sub- Registrar as and when intimated by the Promoter. If the Allottee(s) fails to execute and deliver to the Promoter this Agreement within 30 (thirty) days from the date of its receipt by the Allottee and/or appear before the Registrar/Sub-Registrar/ registrar of Assurance for its registration as and when intimated by the Promoter, then the Promoter shall serve a notice to the Allottee for rectifying the default, which if not rectified within 30(thirty) days from the date of its receipt by the Allottee, application of the Allottee shall be treated as cancelled and all sums deposited by the Allottee in connection therewith including the booking amount shall be returned to the Allottee without any interest or compensation whatsoever.

  • Binding Decision Before the date of the Mediation Hearing described below, the Corporate Secretary will contact the party (or parties) to determine whether they wish to be bound by any recommendation of the selected mediators for resolution of the disputes. If all wish to be bound, the Corporate Secretary will send appropriate documentation to them for their signatures before the Mediation Hearing begins.

  • Legally Binding The terms of this Agreement contained herein are contractual, and not a mere recital.

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