Common use of Preferential Purchase Rights and Consents to Assign Clause in Contracts

Preferential Purchase Rights and Consents to Assign. (a) With respect to each preferential purchase right pertaining to an Asset and the transactions contemplated hereby, Seller, prior to the Closing, shall send to the holder of each such right a notice, in material compliance with the contractual provisions applicable to such right. In addition, prior to the Closing, Seller shall send to each holder of a right to consent to assignment pertaining to the Assets and the transactions contemplated hereby a notice seeking such party’s consent to the transaction contemplated hereby.

Preferential Purchase Rights and Consents to Assign. (a) %3. With respect to each preferential purchase right pertaining to an Asset and the transactions contemplated hereby, Seller, prior to promptly after the Closing, shall send to the holder of each such right a notice, in material compliance with the contractual provisions applicable to such right. In addition, prior to the Closing, Seller shall send to each holder of a right to consent to assignment pertaining to the Assets and the transactions contemplated hereby a notice seeking such party’s consent to the transaction contemplated hereby.

Preferential Purchase Rights and Consents to Assign. (a) With respect to each any preferential purchase right pertaining to an Asset and which will be triggered by the transactions contemplated hereby, Seller, prior to the Closing, shall send to the holder of each such right a notice, in material compliance with the contractual provisions applicable to such right. In addition, prior to the Closing, Seller shall send to each holder of a right to consent to assignment pertaining to the Assets and triggered by the transactions contemplated hereby a notice seeking such party’s consent to the transaction contemplated hereby.