Common use of Waiver of Rights of First Offer Clause in Contracts

Waiver of Rights of First Offer. The partners of Globalstar shall have waived their rights of first offer under Section 10.3 of the Globalstar Partnership Agreement (or the applicable offer period shall have expired) in respect of the Interests to be sold and purchased hereunder. The parties hereto agree that the conditions set forth in this Section 6.1 shall be several with respect to each Seller.

Appears in 1 contract

Samples: Purchase Agreement (Loral Space & Communications LTD)

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Waiver of Rights of First Offer. The partners of Globalstar shall that have not previously waived their rights of first offer under Section 10.3 of the Globalstar Partnership Agreement (or the applicable offer period shall have expired) in respect of the Interests to be sold and purchased hereunder. The parties hereto agree that hereunder shall have waived such rights of first offer (or the conditions set forth in this Section 6.1 applicable offer period shall be several with respect to each Sellerhave expired).

Appears in 1 contract

Samples: Exchange Agreement (Loral Space & Communications LTD)

Waiver of Rights of First Offer. The partners of Globalstar shall have waived their rights of first offer under Section 10.3 of the Globalstar Partnership Agreement (or the applicable offer period shall have expired) in respect of the Interests to be sold and purchased hereunder. The parties hereto agree that the conditions set forth in this Section 6.1 shall be several with respect to each by such Seller.

Appears in 1 contract

Samples: Purchase Agreement (Loral Space & Communications LTD)

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Waiver of Rights of First Offer. The partners of Globalstar shall that have not previously waived their rights of first offer under Section 10.3 of the Globalstar Partnership Agreement (or the applicable offer period shall have expired) in respect of the Interests to be sold and purchased hereunderhereunder shall have waived such rights of first offer (or the applicable offer period shall have expired). The parties hereto agree that the conditions set forth in this Section 6.1 shall be several with respect to each Seller.

Appears in 1 contract

Samples: Exchange Agreement (Loral Space & Communications LTD)

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