Common use of Right to Bid Clause in Contracts

Right to Bid. 1. Should the Company decide or be presented with a bona fide offer to sell or otherwise transfer a controlling interest in the corporate entity which owns one or more of its facilities covered by this Agreement, (a Controlling Interest) or all or a portion of one or more of its facilities covered by this Agreement (Facilities) (either or both, the Assets), it will promptly advise the USWA in writing and grant to the USWA the right to organize a transaction to purchase the Assets (a Transaction).

Appears in 1 contract

Samples: Agreement

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Right to Bid. 1. Should the Company decide or be presented with a bona fide an offer to sell or otherwise transfer a controlling interest in the corporate entity which owns one or more of its facilities covered by this Agreement, assets (a Controlling Interest) or all or a portion of one or more of its facilities covered by this Agreement (Facilities) (either or both, the Assets), it will promptly advise the USWA USW in writing and grant to the USWA USW the right to organize a transaction to purchase the Assets (a Transaction).

Appears in 1 contract

Samples: Agreement

Right to Bid. 1. Should the Company decide or be presented with a bona fide offer to sell or otherwise transfer a controlling interest in the corporate entity which owns one or more of its facilities covered by this Agreement, (a Controlling Interest) or all or a portion of one or more of its facilities covered by this Agreement (Facilities) (either or both, the Assets), it will promptly advise provide the USWA in writing USW with the earliest practicable notification concerning such transactions and grant to the USWA USW the right to organize a transaction to purchase the Assets (a Transaction).

Appears in 1 contract

Samples: Agreement (United States Steel Corp)

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Right to Bid. 1. Should the Company decide or be presented with a bona fide an offer to sell or otherwise transfer a controlling interest in the corporate entity which owns one or more of its facilities covered by this Agreement, assets (a Controlling Interest) or all or a portion of one (1) or more of its facilities covered by this Agreement (Facilities) (either or both, the Assets), it will promptly advise the USWA USW in writing and grant to the USWA USW the right to organize a transaction to purchase the Assets (a Transaction).

Appears in 1 contract

Samples: Agreement

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