Define: Pending Decision
Pending Decision means the allotted time for submitting [offers/bids/applications] has expired and review of those has commenced
Legal accuracy standard set & glossary spot-checked by Imad Mohammed Nazar , Skadden-trained M&A lawyer, Legal Engineer at GenieAI
Pending Decision means the allotted time for submitting [offers/bids/applications] has expired and review of those has commenced.
Relevant Circumstances
- Submission of bids for a tender
- Offering purchase of a property
- Proposing terms for a franchise agreement
Relevant Sectors
- Real Estate
- E-commerce
- Franchising