Examples of First Refusal Exercise Notice in a sentence
Promptly upon but no later than two business days after the giving of a First Refusal Exercise Notice to the Restricted Free Agent, the Prior Club shall cause a copy thereof to be given to the NFL, which shall notify the NFLPA.
A First Refusal Exercise Notice, a Qualifying Offer and any other writing required or permitted under Article 9 or Article 10 shall be deemed given when sent by the Prior Club.
Any Club that does not have available, in the upcom- ing Draft, the selection choice or choices (its own or better choices in the applicable rounds) needed to provide Draft Choice Compensation in the event of a timely First Refusal Exercise Notice may not sign an Offer Sheet in such circumstances.
In order to match an Offer Sheet, the ROFR Team must have Room for the player’s Player Contract at the time the notice of its Right of First Refusal is given and must continue to have Room at all times the First Refusal Exercise Notice remains in effect.
If the Offeree fails to send a First Refusal Exercise Notice or to deliver a First Refusal Deposit within said 30-day period it shall be deemed to have elected not to purchase.
If any Offeree fails to send a First Refusal Exercise Notice or to deliver a First Refusal Deposit within said 30-day period it shall be deemed to have elected not to purchase.
Any Club that does not have available, in the upcom ing Draft, the selection choice or choices (its own or better choices in the applicable rounds) needed to provide Draft Choice Compensation in the event of a timely First Refusal Exercise Notice may not sign an Offer Sheet in such circumstances.
Promptly upon but no later than two (2) business days after the giving of a First Refusal Exercise Notice to the Restricted Free Agent, the Pri- or Club shall cause a copy thereof to be given to the NFL, which shall no- tify the NFLPA.
If the Offeree elects to so purchase the Subject Interest, the transfer of the Subject Interest specified in the First Refusal Notice from the Offeror to the Offeree shall be closed and consummated in the principal office of the Company at 11:00 a.m., local time, on the sixtieth (60th) day following the date of the First Refusal Exercise Notice (or if such date is not a business day, the business day next following such day), or on such earlier day as may be selected by the Offeree.
Upon the Seller's receipt of the Right of First Refusal Exercise Notice, the Seller shall sell the Shares to the Purchaser pursuant to the provisions of Section 1(e).