Common use of Pre-Emptive Right Clause in Contracts

Pre-Emptive Right. Prior to the Purchaser making any offer to sell Selected Portfolio Assets to any person other than to the Seller, the Purchaser shall first offer to sell such Selected Portfolio Assets to the Seller by serving on the Seller a notice in writing in the form set out in Schedule 8.1 (the “Portfolio Asset Offer Notice”), subject to and in accordance with the terms of Article 7 of the Guarantor Agreement.

Pre-Emptive Right. 8.1 Pre-Emptive Right Prior to the Purchaser making any offer to sell Selected Portfolio Assets to any person other than to the Seller, the Purchaser shall first offer to sell such Selected Portfolio Assets to the Seller by serving on the Seller a notice in writing in the form set out in Schedule 8.1 (the “Portfolio Asset Offer Notice”), subject to and in accordance with the terms of Article 7 of the Guarantor Agreement.