First Negotiation Period definition

First Negotiation Period means (1) for the First Extended Term Price Period, the period January 15, 2012 through March 1, 2012, (2) for the Second Extended Term Price Period, the period January 15, 2014 through March 1, 2014, and (3) for the Third Extended Term Price Period, the period January 15, 2016 through March 1, 2016.
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First Negotiation Period has the meaning set forth in Section 3.4.1.
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First Negotiation Period as set forth in Section 16.2.2 hereof.
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Examples of First Negotiation Period in a sentence

  • The period beginning with the Offer Date and ending with such sixty (60) Day period (as may be extended as aforesaid) is referred to as the "Right of First Negotiation Period".

  • After expiration of the Right of First Negotiation Period, Company will not be precluded from providing offers or proposals to Seller along with other prospective purchasers in accordance with any offer or bid procedures established by Seller in its discretion.

  • Seller shall not solicit any offers for the sale of such interest to any other party during the Right of First Negotiation Period unless, during that period, Company provides Seller with written notice that Company no longer desires to purchase such interest, whereupon negotiations shall terminate.

  • If, at the conclusion of the Right of First Negotiation Period, the Parties have not reached an agreement on the sale of the Facility to Company because the Parties cannot agree on the fair market value of the Facility, the fair market value of the Facility shall be determined in accordance with Section 3 (Procedure to Determine Fair Market Value of the Facility) of this Attachment P (Sale of Facility by Seller).

  • If, after the later of (i) 10 business days from commencement of negotiations or (ii) expiration of the First Negotiation Period, no agreement has been reached, then I shall be free to negotiate elsewhere with respect to the Material.

  • At any time during the First Negotiation Period, Company may notify me of its desire to acquire the Material and thereafter negotiate with me with respect to the acquisition of the Material.

  • If Dell elects to become, or to have any of its Affiliates become, the purchaser, Dell shall deliver a written notice (the “Dell Proposal Notice”) to the Company of such election within five business days of the end of the Right of First Negotiation Period (such five-business day period, the “Extraordinary Transaction Proposal Review Period”).

  • During the First Negotiation Period, the parties shall negotiate with respect to the Excluded Terms, provided that the Royalty Percentage shall be no less than ten percent (10%) of Net Sales and no more than the rates specified in Paragraph 8 of the Toy Agreement.

  • After the expiration of the First Negotiation Period and any required negotiating period trigged by the submission of a Juno Summary, Juno shall be free to enter into any agreement with any third party (including without limitation a Competitive Agreement) without providing AT&T with any notice or opportunity to negotiate.

  • If the parties have not executed such an agreement prior to the expiration of the First Negotiation Period, then Tenant shall, within fifteen (15) days after the expiration of the First Negotiation Period, (1) engage an appraiser ("Tenant's Appraiser"), who shall be a member of the American Institute of Real Estate Appraisers and familiar with the Fair Market Rent of first-class office space in San Mateo County, California, and (2) notify Landlord thereof.