Four days after the bid was submitted, Van Niekerk was warned that two cold rooms and a freezer room, which made up a significant part of the butcher shops, had been demolished and parts of the cold rooms and freezers had been removed. As a result, Van Nierkerk withdrew its offer on the grounds that there were no premises left for the premises it offered for purchase and that W&E had rejected the sales contract by removing/demolishing parts of the cold rooms and freezers. I recommend never using the word irrevocably in the context of commitments, as it makes no sense. You revoke something that benefits the other, not something that is imposed on you. Sponsors are visible in all arenas in the form of logos and products such as food. Whether you are the sponsor or the organizer, find out how to prepare a sponsorship agreement so that your business is properly protected. Duck. Authority, Authority E. Empty; licence; Retraction.
If used in a very simple intellectual property license, the terms “revocable” and “irrevocable” have the meanings you would expect. A “revocable” license may be terminated by licensor at any time during the term of the license agreement, with or without justification. In contrast, an “irrevocable” license cannot be terminated, although there are some differences in authority as to whether this means that the license cannot be terminated for any reason or only that the license cannot be terminated for convenience, but can nevertheless be terminated for infringement. Despite the fairly clear importance of these terms, the interpretation of a license in terminating one of those terms depends on how the concept relates to the other provisions of the contract in question, including termination clauses. Intellectual property license agreements are rarely granted in a single sentence and, therefore, the term “irrevocable” or “revocable” must be interpreted in a license agreement in the overall context of the agreement in which the license is issued. . . .