First Refusal Offer definition

First Refusal Offer has the meaning assigned to such term in Section 2.2(a).
First Refusal Offer shall have the meaning set forth in Section 8.3(a).
First Refusal Offer means any offer or agreement to sell, transfer, assign, or in any other way to convey or dispose (such action being a “Disposition”) either directly or indirectly, all or any portion of the Grantor’s Partnership interest (the “Partnership Interest”). For the purposes of this paragraph a Disposition shall include the sale of the shares of a corporate Limited Partner such that Control of a corporate Limited Partner changes.

Examples of First Refusal Offer in a sentence

  • The Right of First Refusal Offer shall be irrevocable for a period (the “Offer Period”) ending at 11:59 P.M., local time at the Company’s principal office, on the 30th day following the date of delivery of the Offer Notice.

  • If the Right of First Refusal Offer is accepted, the closing of the sale of the Offered Interest shall take place within 30 days after the Right of First Refusal Offer is accepted or, if later, the date of closing set forth in the Purchase Offer.

  • At any time after the 20th day of the Offer Period but before the expiration of the Offer Period, Offerees who have accepted the Right of First Refusal Offer pursuant to the previous sentence (“Accepting Offerees”) may accept the Right of First Refusal Offer as to any portion of the Offered Interest that has not been previously accepted (the “Remaining Offered Interest”) by giving written notice of such acceptance to the Seller and the other Offerees (a “Subsequent Acceptance Notice”).

  • If Offerees, in the aggregate, accept the Right of First Refusal Offer with respect to all the Offered Interest, the Right of First Refusal Offer shall be deemed to be accepted.

  • The Seller and all Accepting Offerees shall execute such documents and instruments as may be necessary or appropriate to effect the sale of the Offered Interest pursuant to the terms of the Right of First Refusal Offer and this Exhibit B.


More Definitions of First Refusal Offer

First Refusal Offer means any offer to sell, purchase or lease, agreement to lease, offer to purchase, or any other agreement of whatsoever kind or nature whereby the Aerodrome Company disposes of or conveys or agrees to dispose of or convey, either directly or indirectly, all or any portion of the Aerodrome Lands or all or any portion of its interest therein.
First Refusal Offer has the meaning set forth in Section 8.1(a)(ii)(A). “First Refusal Period” has the meaning set forth in Section 8.1(a)(ii)(B).
First Refusal Offer has the meaning set forth in Section 6.5(a) hereof.
First Refusal Offer has the meaning set forth in SECTION 11.2(A).
First Refusal Offer has the meaning set forth in Section 17.1.
First Refusal Offer has the meaning set forth in Section 11.4(a). ------------------- ---------------
First Refusal Offer means any bona fide arm’s length offer or agreement to sell, purchase, lease, transfer, assign, pledge, mortgage, hypothecate or in any other manner to convey or dispose, either directly or indirectly, all or any portion of Percentage Participation or the Property;