Lawyers need the 'committed to ACC' stuff to show we have no intent to violate or abrogate agreements with the ACC (in case some ACC version of Baylor emerges, armed with their lawyers). Need the 'will listen to others' for the same reason. It ain't us. We're just sitting here minding our own business. Need the word 'offers' because that's a term of art in law -- an offer, when accepted, creates a contract. That's a formal invitation, and until we have it in hand, everyone can always say it all was just 'exploratory' -- jess 'ole boys talkin' --and call it a day. Nobody is embarrassed.
When it's wrapped up, formal and ready to go, and the details mysteriously appear out of the ether, including help on the exit fees, and the lawyers sign off, then BOTs will be meeting all over the place to finalize the deal, or authorize their commissioners to.
In the meantime, this kind of statement is a necessary part of the dance, IMO.
Results 1 to 10 of 14
Threaded View
-
Fri May 25 2012, 11:47 AM #7
- Join Date
- July 10, 2006
- Posts
- 5,426
Last edited by nova1111; Fri May 25 2012 at 11:52 AM.
Reply With Quote
