Right of First Negotiation Period definition

Right of First Negotiation Period. Shall have the meaning set forth in Section 1(a)(ii) of Attachment P (Sale of Facility by Seller) to this Agreement.
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Right of First Negotiation Period means the 10-business day period following the receipt by Dell of the notice of a Proposal (as defined in the Securities Purchase Agreement) as set forth in Section 5.5(a) of that certain Securities Purchase Agreement between Dell and the Company dated as of March 6, 2008, as amended (the “Securities Purchase Agreement”).
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Right of First Negotiation Period. Shall have the meaning set forth in Section 21.1(A) (Right of First Negotiation).
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Examples of Right of First Negotiation Period in a sentence

  • After expiration of the Right of First Negotiation Period, Company will not be precluded from providing offers or proposals to Seller along with other prospective purchasers in accordance with any offer or bid procedures established by Seller in its discretion.

  • Seller shall not solicit any offers for the sale of such interest to any other party during the Right of First Negotiation Period unless, during that period, Company provides Seller with written notice that Company no longer desires to purchase such interest, whereupon negotiations shall terminate.

  • The period beginning with the Offer Date and ending with such sixty (60) Day period (as may be extended as aforesaid) is referred to as the "Right of First Negotiation Period".

  • The period beginning with the Offer Date and ending with such sixty (60) Day period (as may be extended as aforesaid) is referred to as the “Right of First Negotiation Period.” Seller shall not solicit any offers for the sale of such interest to any other party during the Right of First Negotiation Period unless, during that period, Company provides Seller with written notice that Company no longer desires to purchase such interest, whereupon negotiations shall terminate.

  • If, at the conclusion of the Right of First Negotiation Period, the Parties have not reached an agreement on the sale of the Facility to Company because the Parties cannot agree on the fair market value of the Facility, the fair market value of the Facility shall be determined in accordance with Section 3 (Procedure to Determine Fair Market Value of the Facility) of this Attachment P (Sale of Facility by Seller).

  • If Dell elects to become, or to have any of its Affiliates become, the purchaser, Dell shall deliver a written notice (the “Dell Proposal Notice”) to the Company of such election within five business days of the end of the Right of First Negotiation Period (such five-business day period, the “Extraordinary Transaction Proposal Review Period”).


More Definitions of Right of First Negotiation Period

Right of First Negotiation Period has the meaning ascribed to such term in Section 26.2.
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Right of First Negotiation Period in which to reach agreement with CLI or the applicable entity which would be Transferring the same (either or both of such Persons, the “Proposed Seller”) on terms and conditions acceptable to LCC and the Proposed Seller for the acquisition by LCC of such direct and/or indirect interests in the assets constituting the CLI Facility. If LCC fails to reach agreement with the Proposed Seller within the Right of First Negotiation Period (as the same may be extended by the Proposed Seller), such Proposed Seller shall have the right to consummate such CLI Facility Transfer Package, subject to Section 26.3. If the Proposed Seller does not enter into a definitive agreement for such CLI Facility Transfer Package that satisfies the requirements of Section 26.3 within 270 Days after the expiration of the Right of First Negotiation Period (or if the transaction contemplated by such definitive agreement fails to close within 270 days after the execution of such definitive agreement, which 270 day period shall be extended to the extent such transaction has failed to close within such 270 day period due to delays in receiving regulatory approvals), then the provisions of this section shall apply to such or any other CLI Facility Transfer Package. Notwithstanding the other provisions of this section and for the avoidance of doubt, CLI shall have the right to consummate any sale or other Transfer of the CLI Facility that does not constitute a CLI Facility Transfer or a CLI Facility Package Transfer.
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Related to Right of First Negotiation Period

  • Right of First Refusal Agreement means the Right of First Refusal Agreement, dated as of August 4, 2017, among the Partnership, the Operating Partnership and NextEra Energy Resources, LLC.

  • Right of First Refusal means the Company’s right of first refusal described in Section 8.

  • Right of First Offer shall have the meaning set forth in Section 13.1 hereof.

  • Right of First Refusal and Co-Sale Agreement means the agreement among the Company, the Purchasers, and certain other stockholders of the Company, dated as of the date of the Initial Closing, in the form of Exhibit F attached to this Agreement.

  • right of use means any right we have to use, in our own name and on our own account or the account of another counterparty, financial instruments received by us by way of collateral under a security collateral arrangement between you and us;

  • Second Extension Period means a period of twelve (12) consecutive months following the First Extended Maturity Date.

  • Right of Co-Sale means the right, but not an obligation, of an Investor to participate in a Proposed Key Holder Transfer on the terms and conditions specified in the Proposed Transfer Notice.

  • First Refusal Right means the right granted to the Corporation in accordance with Article E.

  • Option Period means the period during which an Option may be exercised.

  • License Period means the period beginning from the Commencement Date and ending on the Termination Date.

  • Right of Reference means a “Right of Reference,” as that term is defined in 21 C.F.R. § 314.3(b) and any comparable right existing under the laws or regulations of any foreign country.

  • Termination Option Event means an event of a kind defined as such in Section 4.1, 4.2 or 4.8.

  • Termination Option means the option of either party to terminate a transaction in the event that the other party fails to perform a Firm obligation to deliver Gas in the case of Seller or to receive Gas in the case of Buyer for a designated number of days during a period as specified on the applicable Transaction Confirmation.

  • Lockup Period has the meaning set forth in Section 2.4(d)(i).

  • Recapture Period means the period commencing on the Effective Date and ending on the fifth anniversary of the last date that a Project owned by the Company is Placed in Service.

  • Second Extension Option shall have the meaning set forth in Section 2.6.1 hereof.

  • Exclusivity Period shall have the meaning set forth in Section 6.11.

  • Rights Period has the meaning ascribed thereto in subsection 2.12(2);

  • Put Period shall have the meaning set forth in Section 5(a) hereof.

  • Right of Repurchase means the Company’s right of repurchase described in Section 7.

  • Restriction Termination Date means the first day on which the Board of Directors of the Corporation determines that it is no longer in the best interests of the Corporation to attempt to, or continue to, qualify as a REIT.

  • Wind-Down Period is defined in Section 12.5 of this Agreement.

  • Termination Right have the respective meanings given in the PRA Contractual Stay Rules.

  • Ramp Period The Ramp Period shall begin on the Effective Date and continue for a period of 3 months following the Effective Date. Commencing with the Effective Date and at all times during the Ramp Period thereafter, Customer will receive the rates, discounts, charges and credits set forth herein and will not be subject to the AVC. Annual Volume Commitment (“AVC”): $360,000 in Total Service Charges (“AVC”) during each contract year of the Term (following the expiration of the Ramp Period).

  • Ramp-Up Period means the period from and including the Effective Date to, but excluding, September 23, 2016.