Negotiation Right definition

Negotiation Right has the meaning set forth in Section 4.1.
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Negotiation Right and “Negotiation Rights” shall have the meanings set forth in Section 8.1.4.
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Negotiation Right has the meaning set forth in Section 3.2(a).
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Examples of Negotiation Right in a sentence

  • Sponsor is only obligated to pay expenses incurred and noncancelable obligations that have accrued up to the date that University terminates Sponsor’s Negotiation Right.

  • Sponsor has 90 days following disclosure of an Intellectual Property by the University to exercise its Negotiation Right (the “Negotiation Period”).

  • If the Negotiation Period expires before University receives the Sponsor’s written notice exercising the Negotiation Right or as provided below, the Sponsor shall have no further rights to the Intellectual Property.

  • If Sponsor has not begun good faith, substantive negotiations with University for an option or license to such Intellectual Property within 90 days of the date of Sponsor’s exercising its Negotiation Right in accordance paragraph 8(b), the University may, in its sole and unfettered discretion, terminate Sponsor’s Negotiation Right.

  • Further, if Sponsor and University have not negotiated a mutually agreeable license agreement on or before twelve months from the disclosure of the Intellectual Property by the University, then University may, in its sole and unfettered discretion, terminate Sponsor’s Negotiation Right.

  • The Sponsor must submit a written notice to the University, within the Negotiation Period, in order to exercise their Negotiation Right.

  • Grantor hereby grants to Grantee a continuing right of first negotiation (the “Negotiation Right”) for the purchase of the Park Property as well as a continuing right of refusal (the “Refusal Right”, and together with the Negotiation Right, the “First Rights”) for the purchase of the Park Property all on and subject to the terms and conditions set forth herein.

  • The Concessionaire shall elect to either exercise or waive a Privatization Negotiation Right in a written response to the BOR within thirty (30) days of any Privatization Notice’s delivery.

  • Kobe City and the Preferred Negotiation Right Holder’s Members acknowledge that each shall not disclose the matters concerning the Agreement to a third party or use the matters for any purpose other than those stipulated herein unless it obtains consent from the other party.

  • In the event that the Concessionaire elects to exercise a Privatization Negotiation Right, subsequent negotiations shall proceed as provided in Section 8.2 below.


More Definitions of Negotiation Right

Negotiation Right has the meaning set forth in Section 7.12.
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Related to Negotiation Right

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

  • Option Right means the right to purchase Common Shares upon exercise of an option granted pursuant to Section 4 of this Plan.

  • Negotiation Period has the meaning given in Clause 5.10;

  • Renewal Option has the meaning set forth in §12.1.

  • Option Term means a period, if any, through which this Agreement may be or has been extended by the JBE.

  • Termination Option means the option of either party to terminate a transaction in the event that the other party fails to perform a Firm obligation to deliver Gas in the case of Seller or to receive Gas in the case of Buyer for a designated number of days during a period as specified on the applicable Transaction Confirmation.

  • Put Agreement means an agreement dated as of August 13, 2008, as amended, among the Company, OT LLC and Rio Tinto Alcan.

  • Non-Renewal Notice shall have the meaning set forth in Section 2.

  • Option Period means the period during which an Option may be exercised.

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

  • Option Notice has the meaning set forth in Section 5.2(a).

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

  • Negotiation means a transfer of possession, whether voluntary or involuntary, of an instrument by a person other than the issuer to a person who thereby becomes its holder.

  • Call Option means an exchange traded option with respect to Securities other than Stock Index Options, Futures Contracts, and Futures Contract Options entitling the holder, upon timely exercise and payment of the exercise price, as specified therein, to purchase from the writer thereof the specified underlying Securities.

  • Option means a stock option granted pursuant to the Plan.

  • Term of this Agreement means the term of the current collective agreement between the Board and the Association;

  • Competitive negotiation means a procedure for contracting for supplies, materials, equipment or contractual services, in which proposals are solicited from qualified suppliers by a request for proposals, and changes may be negotiated in proposals and prices after being submitted.

  • Acceleration Right means the Participant’s right, in certain circumstances, to exercise its outstanding Option as to all or any of the Common Shares in respect of which such Option has not previously been exercised and which the Participant is entitled to exercise, including in respect of Common Shares not otherwise vested at such time;

  • Incentive Distribution Right means a non-voting Limited Partner Interest issued to the General Partner, which Partnership Interest will confer upon the holder thereof only the rights and obligations specifically provided in this Agreement with respect to Incentive Distribution Rights (and no other rights otherwise available to or other obligations of a holder of a Partnership Interest). Notwithstanding anything in this Agreement to the contrary, the holder of an Incentive Distribution Right shall not be entitled to vote such Incentive Distribution Right on any Partnership matter except as may otherwise be required by law.

  • ROFO Period is defined in Section 6.1(a).

  • Mediation Notice is defined in Section 6.2(b).

  • Option to Extend has the meaning given that term in Section 2.13.

  • Put Option Agreement has the meaning set forth in the recitals.

  • Extension Option shall have the meaning set forth in Section 2.5(c) hereof.

  • Termination Agreement has the meaning set forth in the Recitals.

  • Put Option means an exchange traded option with respect to Securities other than Stock Index Options, Futures Contracts, and Futures Contract Options entitling the holder, upon timely exercise and tender of the specified underlying Securities, to sell such Securities to the writer thereof for the exercise price.