Who is offeror

Sample 3. Offeror means a Person who has announced , and has not withdrawn , an intention to make or who has made, and has not withdrawn, a Take-over Bid, other than a Person who has completed a Permitted Bid, a Competing Permitted Bid or an Exempt Acquisition ;.

Offeror means the person or entity whose name appears on the signature page of the Standing Offer and who offers to provide goods , services or both to Canada under the Standing Offer;. Offeror shall have the meaning set forth in Section 7. If you make a proposal to another person or party in the hope of entering into a contract with them, then in the language of the law of contract, you are said to be an offeror. An offeree is the opposite of an offeror.

The offeree is the person or party to whom another person or entity makes a proposal to in order to enter into a contract with them.

If someone makes an offer or proposal to you in the hope that you accept and enter into a contract with him or her, then in the language of contract law, you are said to be an offeree. Section 1 makes it clear that an offeror must offer for all the shares or all those of a class, but otherwise it confirms these ground rules. This is partially due to the maxim that an offeror is the master of his offer. From Wikipedia. Ordinarily, an offeror is permitted to revoke their offer at any time prior to a valid acceptance.

If there is an acceptance, the offeror is bound by law to perform his promise. The offeror is the master of his own offer. The court will determine the offeror's intention objectively. Also, upon making an offer, an offeror may include the period in which the offer will be available.

See all examples of offeror. These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors. What is the pronunciation of offeror?

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