RIGHT OF FIRST REFUSAL IN LIEU OF OPTION Sample Clauses

RIGHT OF FIRST REFUSAL IN LIEU OF OPTION. If the purchase option or forced sale provisions set forth in Article 10 of this Lease shall, for any reason, become unenforceable, JTCHA shall nevertheless have a right of first refusal to purchase the Home at the highest documented bona fide purchase price offer made to Homeowner. Any sale or transfer contrary to this Section, when applicable, shall be null and void. Such first right of refusal shall be as follows: Upon receipt by Homeowner of a bona fide third party offer to purchase the Home which the Homeowner is willing to accept, JTCHA shall have the following rights:
AutoNDA by SimpleDocs
RIGHT OF FIRST REFUSAL IN LIEU OF OPTION. If the provisions of the purchase option set forth in Article 10 of this Lease shall, for any reason, become unenforceable, ACLT shall nevertheless have a right of first refusal to purchase the Home at the highest documented bona fide purchase price offer made to Homeowner. Such right shall be as specified in Exhibit E: FIRST REFUSAL. Any sale or transfer contrary to this Section, when applicable, shall be null and void.
RIGHT OF FIRST REFUSAL IN LIEU OF OPTION. If the provisions of the purchase option set forth in Article 10 of this Lease shall, for any reason, become unenforceable, Lessor shall nevertheless have a right of first refusal to purchase the Improvements at the highest documented bona fide purchase price offer made to Lessee. Such right shall be as specified in Exhibit FIRST REFUSAL. Any sale or transfer contrary to this Section, when applicable, shall be null and void.
RIGHT OF FIRST REFUSAL IN LIEU OF OPTION. If the provisions of the purchase option set forth in Article 10 of this Lease shall, for any reason, become unenforceable, CLT shall nevertheless have a right of first refusal to purchase the Home at the highest documented bona fide purchase price offer made to Homeowner. Such right shall be as specified in Exhibit FIRST REFUSAL. Any sale or transfer contrary to this Section, when applicable, shall be null and void.
RIGHT OF FIRST REFUSAL IN LIEU OF OPTION. If the provisions of the purchase option set forth in Article 10 of this Lease shall, for any reason, become unenforceable, MHT shall nevertheless have a right of first refusal to purchase the Home at the highest documented bona fide purchase price offer made to Homeowner. Such right shall be as specified in Exhibit FIRST REFUSAL. Any sale or transfer contrary to this Section, when applicable, shall be null and void.
RIGHT OF FIRST REFUSAL IN LIEU OF OPTION. If the provisions of the option set forth herein shall, for any reason, become unenforceable, the CLT shall nevertheless have a right to first refusal to purchase the Improvements at the highest documented bona fide purchase price offer made to the Lessee. Such right shall be as specified in Exhibit D of this Lease. Any sale or transfer contrary to this Section, when applicable, shall be null and void.
RIGHT OF FIRST REFUSAL IN LIEU OF OPTION. In the event any of the option provisions set forth herein shall, for any reason, become unenforceable, the Lessor shall nevertheless have a right of first refusal to purchase the Residential Unit at the highest documented bona fide purchase price offer made to the Lessee. If the Lessor does not execute the Right of First Refusal, CLT shall nevertheless have a right of refusal to purchase the Residential Unit at the highest documented bona fide purchase price offer made to Lessee. Such right shall be as specified in Exhibit H: RIGHT OF FIRST REFUSAL. Any sale or transfer contrary to this Section, when applicable, shall be null and void.
AutoNDA by SimpleDocs
RIGHT OF FIRST REFUSAL IN LIEU OF OPTION. If the provisions of the purchase option set forth in Article 10 of this Lease shall, for any reason, become unenforceable, DSCLT shall nevertheless have a right of first refusal to purchase the Home at the highest documented bona fide purchase price offer made to Homeowner. Such right shall be as specified in Exhibit FIRST REFUSAL. Any sale or transfer contrary to this Section, when applicable, shall be null and void.
RIGHT OF FIRST REFUSAL IN LIEU OF OPTION. If the provisions of the option set forth herein shall, for any reason, become unenforceable, Lessor shall nevertheless have a right of first refusal to purchase the Improvements at the highest documented bona fide purchase price offer made to Lessee. Such right shall be as specified in Exhibit FIRST REFUSAL annexed hereto and incorporated herein. Any sale or transfer contrary to this Section, when applicable, shall be null and void.
RIGHT OF FIRST REFUSAL IN LIEU OF OPTION. If the provisions of the purchase option set forth in Article 10 of this Lease shall, for any reason, become unenforceable, CHT shall nevertheless have a right of first refusal to purchase the Improvements at the highest documented bona fide purchase price offer made to Homeowner. Such right shall be as specified in Exhibit FIRST REFUSAL. Any sale or transfer contrary to this Section, when applicable, shall be null and void.
Time is Money Join Law Insider Premium to draft better contracts faster.