Exclusive right to purchase definition

Exclusive right to purchase or “ERP” means the right of a resident tenant at the date of conversion to purchase the unit that he or she occupies, as set forth in the “Notice of Tenants Rights” required pursuant to Section 21.28.060. The period of the ERP begins on the date written notice is given to the resident tenant that the unit will be made available for purchase to persons other than the resident tenant, and lasts for one year except as set forth in Section 21.28.090.C.2.
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Exclusive right to purchase or “ERP” means the right of a sitting tenant at the time of conversion to purchase the unit that he or she occupies, as set forth in the “Notice of Tenants Rights” required pursuant to Section 21.28.060. An Exclusive right to purchase begins on the date written notice is given to the tenant that the unit will be made available for purchase to persons other than the sitting tenant, and lasts for one year.
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Exclusive right to purchase or “ERP” means the right of a resident tenant at the date of conversion to purchase the unit that he or she occupies, as set forth in the
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Examples of Exclusive right to purchase in a sentence

  • Exclusive right to purchase Tatibouet argues that the panel failed to follow Hawai`i law when it ruled that Ellsworth was entitled to an exclusive option to purchase the Mark Twain Hotel.

  • Exclusive right to purchase (a) For 90 days after giving the notice described in section 1333 of this title, the declarant shall offer to convey each unit or proposed unit occupied for residential use to the tenant who rents that unit.

  • An Exclusive right to purchase begins on the date written notice is given to the tenant that the unit will be made available for purchase to persons other than the sitting tenant, and lasts for one year.

  • Exclusive right to purchase is a commercial lien act as well advised to seek the agreement to find out into your buyereasily be found on.

  • The Notice of Tenants’ Rights shall at a minimum include an offer to each existing tenant of the Exclusive right to purchase his or her unit at a specified price, which may include an inflator, for a period of not less than 1 year prior to the date the unit is made available for purchase to anyone other than the sitting tenant.

  • Exclusive right to purchase and offtake coal resources granted to SMI shall be irrevocableand bind the Parties throughout the validity of this Agreement.

  • Exclusive right to purchase or lease the optionor's property A land contract or.

Related to Exclusive right to purchase

  • Option to Purchase has the meaning set forth in Section 13.1.

  • Right of First Refusal means the Company’s right of first refusal described in Section 8.

  • Micro-purchase means a purchase of supplies or services, the aggregate amount of which does not exceed the micro-purchase threshold. Micro-purchases comprise a subset of a district's small purchases as defined in 2 C.F.R. 200.320.

  • Transferable development right means a right to develop and use land that

  • Delivery into consignees store or to his site means delivered and unloaded in the specified store or depot or on the specified site in compliance with the conditions of the contract or order, the supplier bearing all risks and charges involved until the supplies are so delivered and a valid receipt is obtained.

  • right of access means the right to be admitted to invest in the territory of the other Contracting Party, subject to the limits resulting from international agreements binding on both Contracting Parties.

  • at the individual request of a recipient of services means that the service is provided through the transmission of data on individual request.

  • Option Right means the right to purchase Common Shares upon exercise of an option granted pursuant to Section 4 of this Plan.

  • Restricted Stock Purchase Right means a right to purchase Stock granted to a Participant pursuant to Section 8.

  • Purchase Right means an option to purchase shares of Common Stock granted pursuant to the Plan.

  • Exclusive License has the meaning set forth in Section 3.1.

  • Termination of parental rights means the permanent elimination of all parental rights and duties, including residual parental rights and duties, by court order.