A Transfer is complete only after the Seller, Buyer and relevant Vendors have completed the required approvals and the Transfer Agreement package is complete.
Making an Offer — or even the Seller choosing that Offer — does not by itself complete the Transfer. The relevant Vendors still need to approve the Transfer of their services, the Buyer must pay the offered price to the Seller for the prepaid value being acquired, and the required agreement documents and confirmations need to be completed.
Why this matters
A Transfer brings several parties and existing event arrangements together, so everyone needs a clear record of what was actually agreed.
The process builds that record step by step:
the Deal Specification captures the agreed deal baseline;
the Buyer’s accepted Offer records the terms of the selected Offer;
the Buyer pays the offered price to the Seller for the prepaid value being acquired;
the relevant parties complete their required approvals;
and the final confirmation completes the Transfer Agreement package.
This means nobody has to rely on assumptions or reconstruct the final agreement from messages later.
What if a required Vendor does not approve?
That Vendor’s service cannot be transferred without their approval.
If a required approval is not obtained, the proposed Transfer cannot be completed on those terms.
The Vendor can explain what prevents them from approving the Transfer. The Buyer can then decide whether to submit a new Offer that addresses that feedback.
The platform does not override the Vendor’s decision.
What to do next
Follow the steps shown for your role and review each document or confirmation before approving it.
When the required approvals, Buyer payment to the Seller, and Transfer Agreement documents are complete, you will have the final record of the agreed Transfer.