Exclusion of Security Interest Transfer. The Right will not --------------------------------------- apply to Owner's transfer of a security interest in an Offered Parcel to a third party in a financing transaction. But see Section 12 for Holder's rights in the event of an intended sale of an interest in the Real Estate to enforce a junior lien encumbering that interest.
Appears in 6 contracts
Samples: Right of First Refusal Agreement (Discovery Investments Inc), Right of First Refusal Agreement (Discovery Investments Inc), First Refusal Agreement (Discovery Investments Inc)