Examples of First Right in a sentence
LESSOR HAS FIRST RIGHT TO PURCHASE In the event that Lessee’s lease is terminated by default the Permitted Mortgagee shall be entitled to receive a new lease from the Lessor, providing that the Lessor, prior to providing a new lease, shall have the opportunity to effectuate a purchase of the defaulting Lessee's interest and to satisfy the Lessee’s obligations to the Permitted Mortgagee within sixty (60) days of notice to the Permitted Mortgagee of such default.
XXXXXX HAS FIRST RIGHT TO PURCHASE In the event that Lessee’s lease is terminated by default the Permitted Mortgagee shall be entitled to receive a new lease from the Lessor, providing that the Lessor, prior to providing a new lease, shall have the opportunity to effectuate a purchase of the defaulting Lessee's interest and to satisfy the Lessee’s obligations to the Permitted Mortgagee within sixty (60) days of notice to the Permitted Mortgagee of such default.
XXXXXX HAS FIRST RIGHT TO PURCHASE In the event that Lessee’s lease is terminated by default the Permitted Mortgagee shall be entitled to receive a new lease from the Lessor, providing that the Lessor, prior to providing a new lease, shall have the opportunity to effectuate a purchase of the defaulting Xxxxxx's interest and to satisfy the Lessee’s obligations to the Permitted Mortgagee within sixty (60) days of notice to the Permitted Mortgagee of such default.
Xxxxx agrees to notify Xxxxxxx immediately and obtain written FIRST RIGHT OF REFUSAL if the Buyer wants to sell or give the Cat to someone else, or the Buyer cannot meet the terms of the contract.
Breeder maintains the FIRST RIGHT OF REFUSAL to buy the dog back at original purchase price if being sold for any reason.