Examples of Refusal Right in a sentence
The home also has attractive common areas throughout the home that are used by residents and visitors alike.
The County Board may exercise its Phase II Refusal Right by giving a notice of intent to exercise its Phase II Refusal Right (the “Phase II Refusal Right Notice of Intent”) within ninety (90) days after County Board has received the Borrower’s Notice of Bona Fide Offer.
If, after the determination of the fair market value price of the Property, pursuant to Section 5.04(d), the County Board determines to exercise its applicable Phase I or Phase III Refusal Right, the County Board shall provide the Borrower with a final intent to exercise its applicable Phase I or Phase III Refusal Right (the “Final RR Notice of Intent”) within fifteen (15) days of such determination.
The County Board may exercise its Phase I Refusal Right and/or its Phase III Refusal Right by first giving a notice of preliminary intent to exercise its applicable Phase I or Phase III Refusal Right, subject to the fair market value price of the Property, (the “Preliminary RR Notice of Intent”) within ninety (90) days after County Board has received the Borrower’s Notice of Bona Fide Offer.
To exercise its Secondary Refusal Right, an Investor must deliver an Investor Notice to the selling Key Holder and the Company within ten (10) days after the Company’s deadline for its delivery of the Secondary Notice as provided in the preceding sentence.