Examples of Preferential Right to Purchase in a sentence
Seller shall be entitled to all proceeds paid by a party exercising a Preferential Right to Purchase prior to the Closing.
Except for Contracts entered into in ---------------------- furtherance of operations listed on Schedule 9.2 and Schedule 9.2(f), without Buyer's consent, the Partnership shall not enter into any new or amended contracts, agreements or relationships (i) granting any Preferential Right to Purchase or Consent to Assignment affecting any of the Operating Assets hereunder, or (ii) which if in existence as of the date hereof would be a material Contract.
However, the Borrower acknowledges that it has received from the Administrative Agent, on the date hereof, a letter (the “TEG Letter”) containing an example of calculation of the effective global rate with figures and calculations of the “taux de période” (“rate of the period”) and “durée de période” (“duration of the period”) as set out in the TEG Letter.
If Buyer believes that any such third Person does not hold a valid Preferential Right to Purchase such Property that would be triggered by the Transaction, Buyer must promptly provide Seller with notice of Buyer's objection to any proposed exercise of that Preferential Right to Purchase, and in such case, the Parties shall negotiate in good faith to determine a mutually acceptable procedure for handling such questioned Preferential Rights to Purchase.
The Partnership shall provide such third Persons with the documentation required under existing agreements and allow them to determine whether or not they should exercise or waive such Preferential Right to Purchase.
Except for Contracts entered into in furtherance of operations listed on Schedule 9.2 and Schedule 9.2(f), without Buyer's consent, the Partnership shall not enter into any new or amended contracts, agreements or relationships (i) granting any Preferential Right to Purchase or Consent to Assignment affecting any of the Operating Assets hereunder, or (ii) which if in existence as of the date hereof would be a material Contract.
Whenever any third Person elects to exercise a Preferential Right to Purchase any Property, Seller shall provide Buyer with prompt notice, listing the interest purchased and the amount received from such third Person.
The obligations of Buyer to buy and of Seller to sell the Property are subject to Wal-Mart's Preferential Right to Purchase Option contained in Section 20 of the Lease.
Preferential Right to Purchase means obligations with respect to a Lease or its related agreements that exist at the Effective Date and that may include requirements to satisfy obligations, including, but not limited to, the obligation to offer the terms and provisions of this Agreement or the Initiative to a third party holding contractual rights applicable to a Lease.
Promptly after execution of this ------------------------------- Agreement, Seller shall cause the Partnership to contact all third Persons who Seller reasonably believes may hold an enforceable Preferential Right to Purchase any Property that would be triggered by reason of the Transaction.