Right of First Offer to Purchase definition

Right of First Offer to Purchase set forth in Section 13 of the Fourth Amendment to Lease is agreed to be void and without any further force or effect. 6.
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Right of First Offer to Purchase shall have the meaning set forth in Section 34.1 below.
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Right of First Offer to Purchase. Tenant shall also have a right of first offer to purchase the entire Park, as more particularly set forth in Article XXIII. Broker: Xxxxxxxx Xxxx Company (formerly Fallon, Xxxxx & X'Xxxxxx).
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Examples of Right of First Offer to Purchase in a sentence

  • Landlord and Tenant hereby agree that as of the date hereof the Right of First Offer to Purchase Building set forth in Section 5 of Exhibit D – Special Stipulations of the Original Lease, as amended, is deemed null and void and of no further force or effect.

  • ARTICLE VI RIGHT OF FIRST OFFER 6.1 Right of First Offer to Purchase Certain Assets retained by Delek Entities .

  • The License shall terminate upon the termination of this Agreement pursuant to Section 7.5.ARTICLE IVRIGHT OF FIRST OFFER4.1 Right of First Offer to Purchase Certain Assets.

  • Sell the property to a third party without the Right of First Offer to Purchase provided to the MOA.Anytime during the lease term, the term, covenants, and conditions of this contract can be modified by written agreement of all authorized representatives of the parties.

  • Consider Right of First Offer to Purchase Covington Elementary School.City Attorney Sara Springer gave the staff report on this item.Councilmembers provided comments and asked questions, and Ms. Springer provided responses.

  • Right of First Offer to Purchase Certain Assets retained by Andeavor Entities.

  • This includes the 3x + 1 function (III.1) and the qx + 1 function (III.2).

  • When the program classification is used (2010-2012), we consider Waste collection, Parks and Gardens and Library and Archives.


More Definitions of Right of First Offer to Purchase

Right of First Offer to Purchase. Tenant shall exercise such right, if at all, within thirty (30) Business Days after receipt of the aforesaid notice from Landlord. Should Tenant fail to exercise this right, Landlord shall, upon the expiration of such thirty (30) day period and subject to the right of Tenant to reject the purchaser or transferee and purchase the Project (or the applicable portion thereof) as provided in subsection (a) above and subsection (c) below, be thereafter free for a period of twelve (12) months to consummate a sale or transfer of Landlord’s interest in the Project (or applicable portion thereof), subject to this Lease, to any party or for any purchase price and upon any terms, so long as (i) such purchase price shall be equal to or more than the purchase price set forth in Landlord’s notice, (ii) such purchase price is paid in full at closing if Landlord’s notice specified that the purchase price must be paid in full at closing, and (iii) if Landlord’s notice specified that the payment of the purchase price may be deferred, the terms for such deferred payment of the purchase price are no less favorable to Landlord than those set forth in Landlord’s notice. To the extent this Section 36.13 is applicable, Landlord shall not consummate a sale or transfer of Landlord’s interest in the Project or any portion thereof which does not comply with the conditions set forth in this subsection (b). If any sale or transfer is not consummated by Landlord within such twelve (12) month period after following the procedure set forth in this subsection (b), the Right of First Offer to Purchase granted to Tenant herein shall remain in effect. If Landlord shall sell or transfer such interest in the Project (or applicable portion thereof) after a failure by Tenant to exercise its rights hereunder, such new owner and landlord shall be automatically subject to the terms of this Right of First Offer to Purchase set forth in this Section 36.13 for any subsequent sale of the Project.
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Related to Right of First Offer to Purchase

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

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

  • 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 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.

  • Repurchase Offer has the meaning set forth in Section 3.04.

  • First Offer has the meaning set forth in Section 3.9(e)(1) or Section 11.1(b)(i), as applicable.

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

  • Offer to Purchase means a written offer (the "Offer") sent by the Company by first class mail, postage prepaid, to each Holder at his address appearing in the Security Register on the date of the Offer offering to purchase up to the principal amount of Securities specified in such Offer at the purchase price specified in such Offer (as determined pursuant to this Indenture). Unless otherwise required by applicable law, the Offer shall specify an expiration date (the "Expiration Date") of the Offer to Purchase which shall be, subject to any contrary requirements of applicable law, not less than 30 days or more than 60 days after the date of such Offer and a settlement date (the "Purchase Date") for purchase of Securities within five Business Days after the Expiration Date. The Company shall notify the Trustee at least 15 Business Days (or such shorter period as is acceptable to the Trustee) prior to the mailing of the Offer of the Company's obligation to make an Offer to Purchase, and the Offer shall be mailed by the Company or, at the Company's request, by the Trustee in the name and at the expense of the Company. The Offer shall contain information concerning the business of the Company and its Subsidiaries which the Company in good faith believes will enable such Holders to make an informed decision with respect to the Offer to Purchase (which at a minimum will include (i) the most recent annual and quarterly financial statements and "Management's Discussion and Analysis of Financial Condition and Results of Operations" contained in the documents required to be filed with the Trustee pursuant to this Indenture (which requirements may be satisfied by delivery of such documents together with the Offer), (ii) a description of material developments in the Company's business subsequent to the date of the latest of such financial statements referred to in clause (i) (including a description of the events requiring the Company to make the Offer to Purchase), (iii) if applicable, appropriate pro forma financial information concerning the Offer to Purchase and the events requiring the Company to make the Offer to Purchase and (iv) any other information required by applicable law to be included therein). The Offer shall contain all instructions and materials necessary to enable such Holders to tender Securities pursuant to the Offer to Purchase. The Offer shall also state:

  • First Offer Period has the meaning set forth in Section 13.5.

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

  • Repurchase Right means the right granted to the Corporation in accordance with Article D.

  • Purchase Offer shall have the meaning assigned to such term in Section 2.25(a).

  • Micro-purchase means a purchase of supplies or services, the aggregate amount of which does not exceed the micro-purchase threshold. Micro-purchases comprise a subset of a district's small purchases as defined in 2 C.F.R. 200.320.

  • First Offer Notice shall have the meaning set forth in Section 14.4(a).

  • Option to Purchase has the meaning set forth in Section 13.1.

  • Initial Offer Period means the period determined by the Directors during which Shares of any class are offered by the ICAV for purchase or subscription at the Initial Price.

  • Public purchase means a purchase by means of competitive bids of goods, services, or materials by the State or any of its political subdivisions or public agencies on whose behalf the Attorney General may bring an action pursuant to subdivision (c) of Section 16750 of the Business and Professions Code.

  • Repurchase Option has the meaning set forth in Section 1.3(a) hereto.

  • Stock Purchase Right means a right to purchase Common Stock pursuant to Section 11 below.

  • 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.

  • Existing Transfer Restrictions means Transfer Restrictions existing with respect to any securities by virtue of the fact that Counterparty may be an “affiliate” of the Issuer (as such term is defined in Rule 144 under the Securities Act).

  • Transfer Restriction Event shall have the meaning specified in Section 2.11.

  • Repurchase As defined in Section 2.03(a) of this Agreement.

  • Transfer Restrictions means restrictions that prohibit the sale, exchange, transfer, assignment, pledge, hypothecation, fractionalization, hedge or other disposal (including through the use of any cash-settled instrument), whether voluntarily or involuntarily by the Grantee, of an Award or any shares of Common Stock, cash or other property delivered in respect of an Award.

  • Transfer Restricted Note means any Note that bears or is required to bear the Restricted Notes Legend.

  • Transfer Restricted Securities means securities that bear or are required to bear the legend set forth in Section 2.06 hereof.