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First Right to Negotiate definition

First Right to Negotiate means that, where the Producer wishes to exploit any of the rights nominated, the Producer must first deal exclusively with the ABC in respect of the rights and must first seek an offer for such rights from the ABC and give the ABC 20 Business Days to make an offer in writing. If the ABC makes an offer, the parties will then negotiate, in good faith, for 20 Business Days from receipt of the Producer of the ABC’s written offer. If there is no offer or if agreement is not reached, the Producer will be free to seek an offer from a third party, as long as the terms agreed between the Producer and the third party are no less favourable to the Producer than those offered by the ABC.
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First Right to Negotiate means that, where the Producer wishes to exploit any of the rights nominated, the Producer must first deal exclusively with the ABC in respect of the rights and must first seek an offer for such rights from the ABC and give the ABC 20 Business Days to make an offer in writing. If the ABC makes an offer, the parties will then negotiate, in good
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First Right to Negotiate means that the ABC may make a written offer to the Producer at any time but in any event within 10 Business Days of receiving a notice from the Producer seeking an offer in respect of these rights whereupon the parties will then negotiate, in good faith, for 10 Business Days from receipt by the Producer of the ABC’s written offer. If there is no offer or if agreement is not reached, the Producer will be free to seek an offer from a third party, as long as the terms agreed between the Producer and the third party are no less favourable to the Producer than those offered by the ABC. ABC Resources shall have the opportunity to provide a bid for resources, except in circumstances where the production has been brought to the ABC by a producer and it is a condition of the contract for the program that the producer’s own resources be utilised. • Where the ABC funds more than 75% of a budget for a program, the ABC will acquire distribution rights provided that, if the producer is unable to secure financing for 100% of the budget (including a reasonable portion of financing from the producer offset, where applicable), the ABC may either:
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Examples of First Right to Negotiate in a sentence

  • Furthermore, Tenant's First Right to Negotiate shall not apply to any sale by Landlord of the office component of the Project together with either or both the retail and/or hotel components of the Project.

  • First Right to Negotiate Upon completion of this contract and payment in full, Nutri/System will have the first right of negotiation to extend this contract.

  • During the first ten (10) years of the Term of this Lease, Tenant shall have a one-time right to negotiate ("First Right to Negotiate") for the purchase of the Building on the terms set forth in this Paragraph 37.

  • In the event Q.C.P. does not exercise their option to lease, Lessee (T.J. Cinnamons Inc.) will have the First Right to Negotiate from the period September 1,1997 through October 31, 1997.

  • This First Right to Negotiate and Amendment Agreement (this “Agreement”) is made effective this 2nd day of March, 2012 (“Amendment Effective Date”) by and between Agenus Inc., a Delaware Corporation (“Agenus”), Antigenics Inc., a Massachusetts corporation and wholly owned subsidiary of Agenus (“Antigenics MA”), and GlaxoSmithKline Biologicals SA, a Belgian company (“GSK”) (each singularly a “Party” and collectively the “Parties”).

  • Landlord's merger, affiliation or joint venture with one or more entities in connection with the ownership or operation of the Project or any portion thereof shall not be deemed a sale for the purpose of allowing Tenant to exercise its First Right to Negotiate hereunder.

  • If the negotiations do not result in Tenant and Landlord executing a letter of intent for the Offered Space within ten (10) days of Tenant's notice to Landlord or if Tenant and Landlord do not execute a lease for the Offered Space within twenty (20) days of Tenant's notice to Landlord, Tenant's First Right to Negotiate on the Offered Space shall terminate and no longer be of any force or effect.

  • If no agreement is reached during this time, the First Right to Negotiate will expire.

  • From the Expanded Premises Commencement Date ------------------------ until August 21, 2001, Tenant shall have the First Right to Negotiate on Suite 131, (containing approximately 1,910 rentable square feet) at 0000 Xx Xxxx Xxxx., Xxxxxxxxx, Xxxxxxxxxx (the "Offered Space").

  • The ABC shall acquire the following rights in relation to distribution and resources: • Where the ABC is contributing the majority (>50%) of the funds to a program – ABC Commercial shall have the First Right to Negotiate Distribution Rights in the program.


More Definitions of First Right to Negotiate

First Right to Negotiate means the Company, CDC or their Affiliates providing the holders of the Class C Interest a good faith opportunity to negotiate (throughout the thirty or twenty day period described herein) to purchase the Company, the Company's assets or the Interest of the Company, at least thirty days prior to the Company, CDC or their Affiliates commencing negotiations or soliciting offers from third parties, or at least twenty days prior to commencing negotiations in the case of an unsolicited offer from a third party, with respect to (i) a sale, exchange or other disposition of all, or substantially all, of the Company's assets occurring as part of a single transaction or plan, or in a series of transactions, (ii) a merger of the Company with or into another person or entity, or (iii) a Transfer of any or all of an Interest held by CDC or any of its Affiliates.
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Related to First Right to Negotiate

  • Invitation to Negotiate means a written solicitation for competitive sealed replies to select one or more vendors with which to commence negotiations for the procurement of commodities or services.

  • Exclusive Right to Sell listing means that if you, the owner of the property, find a buyer for your house, or if another broker finds a buyer, you must pay the agreed commission to the present broker.

  • right to information means the right to information accessible under this Act which is held by or under the control of any public authority and includes the right to—

  • Right of First Refusal Agreement means that certain Amended and Restated Right of First Refusal and Co-Sale Agreement, by and between the Company, the Investors and the Stockholders (in each case, as defined therein), dated as of the date hereof, and as may be amended from time to time.

  • right of access means the right to be admitted to invest in the territory of the other Contracting Party, subject to the limits resulting from international agreements binding on both Contracting Parties.

  • Option to Renew is defined in subsection 6.1 of this Agreement.

  • Right of First Refusal and Co-Sale Agreement means the agreement among the Company, the Purchasers, and certain other stockholders of the Company, dated as of the date of the Initial Closing, in the form of Exhibit F attached to this Agreement.

  • Right of Reference means the “right of reference” defined in 21 CFR 314.3(b), including with regard to a Party, allowing the applicable Regulatory Authority in a country to have access to relevant information (by cross-reference, incorporation by reference or otherwise) contained in Regulatory Documentation (and any data contained therein) filed with such Regulatory Authority with respect to a Party’s Compound, only to the extent necessary for the conduct of the Study in such country or as otherwise expressly permitted or required under this Agreement to enable a Party to exercise its rights or perform its obligations hereunder.

  • Right of First Refusal means the Company’s right of first refusal described in Section 8.

  • right of use means any right we have to use, in our own name and on our own account or the account of another counterparty, financial instruments received by us by way of collateral under a security collateral arrangement between you and us;

  • Right of First Offer has the meaning set forth in Section 8.7.

  • First Refusal Right means the right granted to the Corporation in accordance with Article E.

  • Notice of Proposal to Negotiate has the meaning set forth in Section 10(c) hereof.

  • Additional Xxxx of Sale means each document, in the form of Attachment D hereto, executed by an authorized officer of VL Funding, the VL Funding Eligible Lender Trustee on behalf of VL Funding, Funding and the Interim Eligible Lender Trustee on behalf of Funding which shall: (i) set forth the list and certain terms of (a) Additional Loans offered by VL Funding and the VL Funding Eligible Lender Trustee on behalf of VL Funding and accepted for purchase by the Interim Eligible Lender Trustee for the benefit of Funding, including the Additional Loans Purchase Price for the Additional Loans being sold thereunder or (b) Substituted Loans substituted by VL Funding and (ii) sell, assign and convey to Funding and the Interim Eligible Lender Trustee, for the benefit of Funding, and their assignees, all right, title and interest of VL Funding and of the VL Funding Eligible Lender Trustee on behalf of VL Funding in the Additional Loans or Substituted Loans, as applicable, listed on the related Additional Xxxx of Sale and (iii) certify that the representations and warranties made by VL Funding and the VL Funding Eligible Lender Trustee on behalf of VL Funding pursuant to Sections 5(A) and (B) of these Master Terms, by the Servicer as set forth in Section 5(C) and by the Interim Eligible Lender Trustee as set forth in Section 5(D) are true and correct.

  • Negotiate means the act of conferring directly with or offering advice directly to a purchaser or prospective purchaser of a particular contract of insurance concerning any of the substantive benefits, terms, or conditions of the contract, provided that the person engaged in that act either sells insurance or obtains insurance from insurers for purchasers.

  • Refuse to Cooperate means to obstruct the collection or testing process; to submit an altered, adulterated or substitute sample; to fail to show up for a scheduled test; to refuse to complete the requested drug testing forms; or to fail to promptly provide specimen(s) for testing when directed to do so, without a valid medical basis for the failure. Employees who leave the scene of an accident without justifiable explanation prior to submission to drug and alcohol testing will also be considered to have refused to cooperate and will automatically be subject to discharge.

  • Transferable development right means a right to develop and use land that

  • Termination Right have the respective meanings given in the PRA Contractual Stay Rules.

  • First Offer has the meaning set forth in Section 3.9(e)(1) or Section 11.1(b)(i), as applicable.

  • Breach Notification Rule means the HIPAA Regulation that is codified at 45 C.F.R. Parts 160 and 164, Subparts A and D.

  • Second Extension Option shall have the meaning set forth in Section 2.6.1 hereof.

  • Exclusive License has the meaning set forth in Section 3.1.

  • Ability to Organize Full Abilities Limited Abilities Comments: Memory: Full Abilities Limited Abilities Comments: Social Interaction: Full Abilities Limited Abilities Comments: Communication: Full Abilities Limited Abilities Comments: Please identify the assessment tool(s) used to determine the above abilities (Examples: Lifting tests, grip strength tests, Anxiety Inventories, Self-Reporting, etc. Additional comments on Limitations (not able to do) and/or Restrictions (should/must not do) for all medical conditions:

  • Restriction Notice has the meaning set forth in Section 8.04(f) hereof.

  • ROFO Notice has the meaning given to it in Section 7.07(1).

  • Initial Xxxx of Sale means the document, in the form of Attachment B hereto, executed by an authorized officer of SLM ECFC which shall (i) set forth the applicable Initial Loans offered by SLM ECFC and accepted for purchase by the Interim Eligible Lender Trustee for the benefit of Funding, (ii) sell, assign and convey to the Interim Eligible Lender Trustee for the benefit of Funding and its assignees all rights, title and interest of SLM ECFC in the Initial Loans listed on that Xxxx of Sale and (iii) certify that the representations and warranties made by SLM ECFC as set forth in Sections 5 (A) and (B) of these Master Terms are true and correct.

Most Referenced Clauses

Most Referenced Definitions