Common use of Right of First Offer Procedure Clause in Contracts

Right of First Offer Procedure. The initiating Party stipulates a per-share purchase price based on the Fair Market Value (as described in the Buy-Sell), and sets forth terms and conditions for the sale of its shares (or units) (the "Sale Offer"); > The non-initiating Party has 90 days to:

Appears in 2 contracts

Samples: Memorandum of Understanding (Prime Group Realty Trust), Tender Offer Agreement (Prime Group Realty Trust)

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Right of First Offer Procedure. > The initiating Party stipulates a per-share purchase price based on the Fair Market Value (as described in the Buy-Sell), and sets forth terms and conditions for the sale of its shares (or units) (the "Sale Offer"); > The non-initiating Party has 90 days to:

Appears in 2 contracts

Samples: Memorandum of Understanding (Reschke Michael W), Memorandum of Understanding (Prime Group Inc /Il/)

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Right of First Offer Procedure. The initiating Party stipulates a per-share purchase price based on the Fair Market Value (as described in the Buy-Sell), and sets forth terms and conditions for the sale of its shares (or units) (the "Sale Offer"); > - The non-initiating Party has 90 days to:

Appears in 1 contract

Samples: Memorandum of Understanding (Mou) (Reschke Michael W)

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