How is 'offer to sell' defined in a legal contract?
- 'Offer to sell' means an act, proposal or attempt to offer or dispose of, or solicitation of an offer to purchase, a franchise or interest in a franchise in exchange for a value. Seen in 30 SEC filings
- 'Offer to sell' means the act of solicitation, advertisement, or inducement, or any other attempt or method to encourage a person to acquire, sell, or exchange any interest in a yacht. Seen in 10 SEC filings
- 'Offer to sell' means an attempt or offer to dispose of, or solicitation of an order or offer to purchase, a security or interest in a security for value. It also refers to the sale or offer for sale of a warrant or right to subscribe to another security of the same or different issuer. Seen in 8 SEC filings
- 'Offer to sell' means the acceptance of bids or proposals. Seen in 4 SEC filings
- 'Offer to sell' means any formal written proposal to sell containers made by the seller to the buyer, specifying a quantity of containers being sold, the proposed purchase price, and the location of the said containers. Seen in 3 SEC filings
- 'Offer to sell' means to offer or agree to sell. Seen in 3 SEC filings
Note: pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.
yourself to verify these results. We are always keen to point people to source documents.
Which definition should you use?
🤔 has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.
Genie Definition 1
- 'Offer to sell' means a solicitation, attempt or action proposing an exchange of [asset] for [value].
Relevant Contract Types
Relevant Circumstances
- Disposal of company assets
- Franchise acquisitions and disposals
- Sale leaseback agreements
Relevant Sectors
Genie Definition 2
- 'Offer to sell' means any formal, written agreement where [seller] proposes to sell [asset] to [buyer].
Relevant Contract Types
Relevant Circumstances
- Business sales or mergers
- Asset turnover in insolvency proceedings
Relevant Sectors
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Offer to sell means a solicitation, attempt or action proposing an exchange of [asset] for [value]
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