Outside Offeror definition

Outside Offeror means a purchaser or prospective purchaser of the Employee Unitwho deals at arm’s-length with the Owner of the Employee Unit and who is eligible to purchase the Employee Unit under the Housing Agreement.
Outside Offeror means a purchaser or prospective purchaser who deals at Arm's-length with the Owner.
Outside Offeror means a purchaser or prospective purchaser of the Employee Unit who deals at arm’s-length with the Owner of the Employee Unit and who is eligible to purchase the Employee Unit under the Housing Agreement;

Examples of Outside Offeror in a sentence

  • If the sale to the Outside Offeror is not so completed, then any subsequent sale to any person or corporation may be made only if all the requirements of this agreement are again complied with, and the option to purchase and right of first refusal under this agreement will survive and continue in full force and effect.

  • Upon receipt by the Owner of the Acceptance, a binding contract of purchase and sale for the Land will be constituted between the District and the Owner, which contract will be completed in the manner provided in such Bona Fide Offer as if the District were the Outside Offeror.

  • If, at any time and from time to time during the Term, the Owner receives a Bona Fide Offer from an Outside Offeror, which Bona Fide Offer the Owner is willing to accept, then the Owner will deliver written notice (the "Notice") to the District that the Owner has received such Bona Fide Offer, and will deliver to the District with the Notice a photocopy of such Bona Fide Offer, certified by the Owner to be a true copy.

  • The Owner will not Dispose of its Interest in any Employee Unit other than to the Municipality or to an Outside Offeror pursuant to a Bona Fide Offer.

  • Without limiting the preceding section, the Owner may not Dispose of the Employee Unit other than to the Municipality or to an Outside Offeror pursuant to a Bona Fide Offer.

  • Said notice shall also state the name and address of the Outside Offeror, the terms of the proposed transaction and such other information as the Board of Trustees may reasonably require.

  • In the event the Board of Managers or its designee shall fail to accept such offer or to produce a lessee or fails to act within the time period set forth in subsection (a), the unit owner shall be free to lease such unit to the Outside Offeror on the terms and conditions contained in the Outside Offer, provided such lease shall be executed within 60 days after the expiration of the period in which the Board of Managers or its designee might have accepted such offer.

  • If, pursuant to such Outside Offer to Purchase said Unit, the Outside Offeror was to assume or take title to the Unit subject to the Offeree Unit Owner's existing mortgage or mortgages, the Board of Trustees may purchase the Unit and assume or take title to the Unit subject to said existing mortgage or mortgages, as the case may be.

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  • Any such deed to an Outside Offeror shall provide that the acceptance thereof by the grantee shall constitute an assumption of the provisions of the Declaration, the By-Laws and the Rules and Regulations, as the same may be amended from time to time.


More Definitions of Outside Offeror

Outside Offeror means a purchaser or prospective purchaser of the Affordable Housing Unit who deals at arm’s-length with the Owner of the Affordable Housing Unit and who is eligible to purchase the Affordable Housing Unit under this Agreement;
Outside Offeror means a purchaser or prospective purchaser who deals at Arm’s-length with the Owner;
Outside Offeror means a purchaser or prospective purchaser who deals at Arm’s- length with the Lessor; and
Outside Offeror means a purchaser or prospective purchaser who deals at Arm's- length with the Owner.
Outside Offeror means a purchaser or prospective purchaser of the Affordable Housing Unit who deals at arm’s length with the vendor of the Affordable Housing Unit;
Outside Offeror means a purchaser or prospective purchaser of the Resident Unit who deals at arm's-length with the vendor of the Resident Unit;

Related to Outside Offeror

  • Bona Fide Offer means an actual or genuine offer which includes a specific wage or a training opportunity at a specified place when used to determine whether the parent has refused an offer of training or employment.

  • First Offer Notice shall have the meaning set forth in Section 14.4(a).

  • Active Offer means the clear and proactive offer of service in French to individuals, from the first point of contact, without placing the responsibility of requesting services in French on the individual;

  • Proposed Transfer Notice means written notice from a Key Holder setting forth the terms and conditions of a Proposed Key Holder Transfer.

  • pre-emptive offer means an offer of equity securities open for acceptance for a period fixed by the Directors to holders (other than the Company) on the register on a record date fixed by the Directors of ordinary shares in proportion to their respective holdings but subject to such exclusions or other arrangements as the Directors may deem necessary or expedient in relation to treasury shares, fractional entitlements, record dates or legal, regulatory or practical problems in, or under the laws of, any territory;

  • Responsive Offeror means the Offeror who submits a Proposal that conforms in all material respects to this Request for Proposals, Instruction to Offerors and the Plans and Specifications which are incorporated herein by this reference.

  • Offer Notice shall have the meaning set forth in Section 4.1.

  • Base Offer Segment means a component of a Sell Offer based on an existing Generation Capacity Resource, equal to the Unforced Capacity of such resource, as determined in accordance with the PJM Manuals. If the Sell Offers of multiple Market Sellers are based on a single Existing Generation Capacity Resource, the Base Offer Segments of such Market Sellers shall be determined pro rata based on their entitlements to Unforced Capacity from such resource.

  • Purchase Offer shall have the meaning assigned to such term in Section 2.25(a).

  • First Offer Period has the meaning set forth in Section 13.5.

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

  • Offering Notice has the meaning set forth in Section 4.3(b).

  • Competing Offer means a Tender Offer for Units which (i) is Commenced prior to the expiration of the Offer by a Person that is not an Affiliate (or in the case of Waltxx Xxxeet, as to its Associates only) of any Partner and (ii) has a cash purchase price per Unit that is at least 2% (10% with respect to the first Competing Offer made following the Offer by the Partnership)

  • Responsive Offer or means an offer which conforms in all material respects to the requirements set forth in the request for proposals. Material respects of a request for proposals include, but are not limited to price, quality, quantity or delivery requirements.

  • Shelf Offering Notice has the meaning set forth in Section 1(d)(i).

  • Repurchase Offer shall have the meaning specified in Section 11.1(b).

  • Minimum Offering Notice means a written notification, signed by Broker, pursuant to which the Broker shall represent (1) that subscriptions for the Minimum Offering have been received, (2) that, to the best of Broker’s knowledge after due inquiry and review of its records, Cash Investment Instruments in full payment for that number of Shares equal to or greater than the Minimum Offering have been received, deposited with and collected by NCPS, (3) and that such subscriptions have not been withdrawn, rejected or otherwise terminated, and (4) that the Subscribers have no statutory or regulatory rights of rescission without cause or all such rights have expired.

  • Offeror’s Notice means the notice described in Section 12.3.

  • Proposed Transfer means any assignment, sale, offer to sell, pledge, mortgage, hypothecation, encumbrance, disposition of or any other like transfer or encumbering of any Transfer Stock (or any interest therein) proposed by any of the Key Holders or Investors.

  • Term SOFR Notice means a notification by the Administrative Agent to the Lenders and the Borrower of the occurrence of a Term SOFR Transition Event.

  • Subsequent Financing Notice shall have the meaning ascribed to such term in Section 4.12(b).

  • Last best offer package means the offer exchanged by parties not less than 14 days prior

  • ROFR Notice has the meaning set forth in Section 3.02(d).

  • Proposed Transferee has the meaning set forth in Section 2.4(a).

  • Qualifying Offer shall have the meaning set forth in Section 11(a)(ii) hereof.

  • Transfer Notice means the notice of a proposed transfer of Shares described in Section 8.