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 Five day period commences when the First Refusal Offer and the Evidence have both been delivered to the Grantee.

  • If Offerees do not accept the Right of First Refusal Offer as to all the Offered Interest during the Offer Period, the Right of First Refusal Offer shall be deemed to be rejected in its entirety.

  • 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.

  • In the event Accepting Offerees so accept the Right of First Refusal Offer with respect to more than the Remaining Offered Interest, then the Remaining Offered Interest shall be allocated among such Accepting Offerees in proportion to their Percentage Interests (provided that no Accepting Offeree shall be allocated more of the Remaining Offered Interest than such Accepting Offeree indicated it would accept in its Subsequent Acceptance Notice).

  • If the Grantee advises the Grantor that the Grantee elects to acquire the Partnership Interest offered, then the transaction shall close in accordance with the terms of the First Refusal Offer.


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 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;
First Refusal Offer has the meaning set forth in Section 11.4(a). ------------------- ---------------
First Refusal Offer has the meaning set forth in Section 6.5(a) hereof.
First Refusal Offer has the meaning set forth in Section 17.1.
First Refusal Offer has the meaning set forth in SECTION 11.2(A).