Common use of System Lessor Clause in Contracts

System Lessor. The initial sale or transfer of the System to a System Lessor at any time up to ninety (90) calendar days after the Commercial Operation Date shall not constitute a sale for the purposes of the Judicial Council’s right of first offer or right of first refusal. If the System Lessor desires to sell all or a part of the System any time after the expiration of the period specified in the preceding sentence, then Judicial Council shall have a right of first offer and right of first refusal as provided in Section 12.

Appears in 6 contracts

Samples: Site License Agreement, Site License Agreement, Site License Agreement

AutoNDA by SimpleDocs

System Lessor. The initial sale or transfer of the System to a System Lessor at any time up to ninety (90) calendar days after the Commercial Operation Date shall not constitute a sale for the purposes of the Judicial Council’s right of first offer or right of first refusal. If the System Lessor desires to sell all or a part of the System any time after the expiration of the period specified in the preceding sentence, then Judicial Council shall have a right of first offer and right of first refusal as provided in Section section 12.

Appears in 3 contracts

Samples: Site License Agreement, Site License Agreement, Site License Agreement

System Lessor. The initial sale or transfer of the System to a System Lessor at any time up to ninety (90) calendar days after the Commercial Operation Date shall not constitute a sale for the purposes of the Judicial CouncilHOST’s right of first offer or right of first refusal. If the System Lessor desires to sell all or a part of the System any time after the expiration of the period specified in the preceding sentence, then Judicial Council HOST shall have a right of first offer and right of first refusal as provided in Section 12.12.‌

Appears in 2 contracts

Samples: Site License Agreement, Site License Agreement

System Lessor. The initial sale or transfer of the System to a System Lessor at any time up to ninety (90) calendar days after the Commercial Operation Date shall not constitute a sale for the purposes of the Judicial Council’s right of first offer or right of first refusal. If the System Lessor desires to sell all or a part of the System any time after the expiration of the period specified in the preceding sentence, then Judicial Council shall have a right of first offer and right of first refusal as provided in Section section 12.. 32

Appears in 1 contract

Samples: Site License Agreement

AutoNDA by SimpleDocs

System Lessor. The initial sale or transfer of the System to a System Lessor at any time up to ninety (90) calendar days after the Commercial Operation Date shall not constitute a sale for the purposes of the Judicial Council’s right of first offer or right of first refusal. If the System Lessor desires to sell all or a part of the System any time after the expiration of the period specified in the preceding sentence, then Judicial Council shall have a right of first offer and right of first refusal as provided in Section 12.section 12.‌

Appears in 1 contract

Samples: Site License Agreement

Time is Money Join Law Insider Premium to draft better contracts faster.