Bona Fide Proposal definition
Examples of Bona Fide Proposal in a sentence
Buyer shall have received at least (i) two Bona Fide Proposals from two Tier 1 Investors and (ii) one Bona Fide Proposal from a Tier 2 Investor.
If the Suspension Period expires and Landlord has not yet leased the Expansion Space to a third party, Landlord will once again give Tenant the next Bona Fide Proposal that it offers to a prospective tenant and the same cycle will repeat until the Expansion Space is leased to a third party, after which Tenant shall have no further rights to such applicable Expansion Space.
Issuer, by signing below, acknowledges and agrees that the Bona Fide Proposal Condition specified in Section 6.23 shall be deemed satisfied because no proposal of the type contemplated therein can be made on terms and conditions more favorable to Issuer than those set forth in the Subordinated Rollover Notes.
If Tenant fails to give Landlord notice of Tenant’s acceptance of the terms of the Bona Fide Proposal or fails to enter into a lease amendment within the prescribed time, Tenant’s right to lease the Expansion Space granted in this Section shall be suspended for six (6) months from the time Landlord provided the copy of the Bona Fide Proposal to Tenant and Tenant shall have no further rights with regard to the certain Expansion Space during that period (“Suspension Period”).
If Landlord shall receive a bona fide proposal to lease all or any portion of the Available Space in the Building that Landlord desires to pursue (a “Bona Fide Proposal”), Landlord shall notify Tenant and CACI, if applicable, in writing of its desire to pursue the Bona Fide Proposal (the “Offer Notice”).