Examples of Qualifying Third Party Offer in a sentence
BMG and OFG warrant and agree to keep the terms of any Qualifying Third Party Offer and the ^ of this Agreement (as well as any other material business provision of this Agreement) completely and highly confidential.
If a sale is consummated during the Marketing Period pursuant to the terms of a Qualifying Third Party Offer (a “Qualifying Third Party Acquisition”), Optionee’s rights under this Agreement with respect to the Subject Property shall expire and be of no further force and effect.
Notwithstanding the foregoing, OFG agrees that, with respect to any Excluded Picture, OFG will provide to BMG the significant financial terms of any bona fide third party offer which OFG intends to accept, if the terms of any such third party offer (the "Qualifying Third Party Offer") includes a ^ of gross receipts to OFG which is not at least ^ more than the Guarantee (as defined below).
The ^ shall be exercised, if at all, by BMG giving OFG notice within three business days of its receipt of a summary of the Qualifying Third Party Offer.
BMG will then have the right (the ^ ) to offer distribution of the Excluded Picture on ^ and ^ as the Qualifying Third Party Offer.
If Landlord delivers or receives a Qualifying Third Party Offer (as hereinafter defined) to purchase the Property at any time during the Term of the Lease, then Landlord must deliver to Tenant, or its successors or assigns under the Lease, written notice and a copy of the Qualifying Third Party Offer (with any confidential information redacted or removed) (the “First Refusal Notice”).
If Tenant exercises the ROFR Option, Landlord will be obligated to sell the Property to Tenant, and Tenant will be obligated to buy the Property from Landlord, on the same terms set forth in the Qualifying Third Party Offer.
Some congressional leaders, however, held that Congress should “stand by” in session, in case of emergency.
ETE may not Transfer the ROFO Interest to any third party pursuant to a Third Party Offer that is not a Qualifying Third Party Offer without ETP’s prior written consent, which may be withheld in ETP’s sole discretion within the required 30-day period, then the ROFO Interest in question shall once again become subject to the restrictions of this Section 5.12, and ETE shall no longer be permitted to Transfer such ROFO Interest without again fully complying with the provisions of this Section 5.12.
If Tenant fails to deliver a Purchase Notice to Landlord within the Notice Period, then Landlord may freely sell the Property to the party who sent or received the applicable Qualifying Third Party Offer on terms that are not Materially Different (as hereinafter defined) than those set forth in the First Refusal Notice.