Preferential Rights definition

Preferential Rights means any right or agreement that enables any Person to purchase or acquire any Asset or any interest therein or portion thereof as a result of or in connection with (a) the sale, assignment or other transfer of any Asset or any interest therein or portion thereof, or (b) the execution or delivery of this Agreement or the consummation or performance of the terms and conditions contemplated by this Agreement.
Preferential Rights has the meaning specified in Section 3.4.
Preferential Rights means a right held by any third party under the terms of the Contract, Documents or under applicable law rule or regulation to pre-empt the transaction contemplated by this Agreement or affect its terms in any way.

Examples of Preferential Rights in a sentence

  • Except as set forth on Schedule 4.23, there are no Preferential Rights or Transfer Requirements attributable or with respect to any of the Assets.


More Definitions of Preferential Rights

Preferential Rights has the meaning set forth in Section 5.6(a).
Preferential Rights has the meaning set forth in Section 4(j).
Preferential Rights has the meaning set forth in SECTION 4(h).
Preferential Rights shall have the meaning assigned to such term in Section 6.3.
Preferential Rights means any preferential purchase rights, rights of first refusal, preemptive rights or similar rights held by Third Parties that are triggered or required in connection with the sale of the Assets contemplated hereby.
Preferential Rights means those rights described in Sections 8.1 and 8.2 of the Joint Development Agreement.
Preferential Rights means all rights of renewal, rights of first refusal, rights of first offer, rights to expansion space or any other rights or agreements similar or dissimilar to the foregoing concerning the future or the potential leasing of the Offer Space or any portion thereof or any other space in the Building of which the Offer Space or any portion thereof shall be a part.