InfiLaw System has a binding agreement to purchase the Charleston School of Law, but the company is going to give the College of Charleston some time to consider buying it.

In a statement Monday, the company said it also was willing to discuss the matter with the University of South Carolina. But it will continue to pursue the process of obtaining an operating license for the law school from the state’s Commission on Higher Education.

InfiLaw wants to determine if either of the public schools truly is interested in purchasing the private law school, and whether they have the means and capability to do it, according to the statement.

Edward Westbrook, one of the law school’s founders and a member of its board, had asked the commission to waive for 90 days a prohibition in the school’s operating license agreement that prevented law school leaders from discussing such matters with the College of Charleston and other public schools.

The commission this month permanently waived the prohibition. Commissioners said at the time that while they voted unanimously in favor of permanently waiving the condition, they are not taking a stance on the sale. They simply wanted to remove an impediment to conversation on the controversial matter.

College of Charleston spokesman Mike Robertson said “the college has received many expressions of concern from the community about the future of the Charleston School of Law, and welcomes the opportunity to discuss the future of the school with InfiLaw. College leadership plans to meet with representatives from InfiLaw in the near future to open these discussions” Robertson said.

The college also respects the need for InfiLaw to continue its license discussions with the Commission on Higher Education, he said.

USC did not respond to a question Tuesday on whether it had expressed interest in purchasing the Charleston School of Law.

Reach Diane Knich at 937-5491 or on Twitter @dianeknich.