Examples of First Negotiation Period in a sentence
This right of first negotiation shall commence on the date of the termination or expiration of this Agreement and shall continue for sixty (60) consecutive days thereafter (the "First Negotiation Period").
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 fail to come to an agreement during such Right of First Negotiation Period, Sonus and such third party shall have the right to terminate this Agreement upon six (6) months' written notice to Gensia Sicor, and transfer the manufacturing of the Product to one or more third parties, provided that the terms under which such third party manufactures the Product for Sonus's licensee shall be no less favorable to Sonus' licensee than the terms of Gensia Sicor's final offer.
Until the earlier of (i) the expiration of the First Negotiation Period, or (ii) the unanimous waiver by the Members of their rights hereunder with respect to any such Expansion Opportunity (the "First Negotiation Waiver"), the Members shall in good faith negotiate regarding the possibility of the Company participating in the Expansion Opportunity.
During the Contract Period, the Company shall not be permitted to present such Opportunity to a person or entity other than Akamai until the earliest to occur of (i) Akamai's notifying the Company in writing that it does not intend to make a proposal or bid with respect to such Opportunity and (ii) the expiration of the First Negotiation Period.
During the term of this Agreement, Valley shall not present such Opportunity to a person or entity other than Loudeye until the earliest to occur of (i) Loudeye's notifying Valley in writing that it does not intend to make a proposal or bid with respect to such Opportunity or (ii) the expiration of the First Negotiation Period.
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, Juno will not enter into a "Competitive Agreement" (as defined below) with a third party, unless Juno has provided to AT&T in writing a summary of the material terms and conditions contained in a bona fide offer by such third party (the "Juno Summary") and provided AT&T a period of at least thirty (30) days from the date such Juno Summary was received by AT&T in which to respond to such Juno Summary.
If on the expiry of the First Negotiation Period JV Shareholder has not delivered a JV Initial Offer, JV Shareholder shall within 4 Business Days following the expiry of the First Negotiation Period deliver to RCI a JV Initial Offer.
In the opinion of management, these statements include all adjustments (all of which consist of normal recurring adjustments except as otherwise noted herein) necessary to present fairly the Company's financial position and results of operations for the interim periods presented.