Seller Continued Marketing / Other Offers During Conditions
Use: The seller can keep marketing the business and accept another offer while the buyer's long conditions are still open. If that happens, the buyer must decide within the notice period whether to waive conditions and proceed.
Clause wording
Notwithstanding anything contained in this Agreement, until all of the Buyer's conditions have been waived or fulfilled in writing, the Seller shall be entitled to continue to market the Business and to negotiate with, receive, consider, accept, or enter into any other offer or agreement with any other prospective purchaser. If the Seller accepts another offer before the Buyer has waived or fulfilled all conditions, the Seller shall give written notice to the Buyer, and the Buyer shall have [SELLER_NOTICE_PERIOD] from receipt of such notice to waive all outstanding conditions and proceed with this Agreement, failing which this Agreement shall become null and void and the deposit shall be returned to the Buyer in accordance with this Agreement.
Meaning
The seller can keep marketing the business and accept another offer while the buyer's long conditions are still open. If that happens, the buyer must decide within the notice period whether to waive conditions and proceed.
中文解释
买方条件还没解除期间,卖方可以继续推广并接受其他 offer;如有其他 offer,买方需要在通知期限内决定是否解除条件继续交易。
Internal drafting aid only. Use historical/lawyer-reviewed wording where available; human/legal review required before external use.