Right of First Refusal Notice definition

Right of First Refusal Notice has the meaning set forth in Section 3.2(a) hereof.

Right of First Refusal Notice has the meaning set forth in Article 8.3.1 of this Agreement.

Right of First Refusal Notice has the meaning described in Section 9.5 (Assignments by Lenders).

Examples of Right of First Refusal Notice in a sentence

• The Right of First Refusal Notice shall state that the Right of First Refusal is exercised without condition or qualification.

• Such a Tag-Along Notice may be part of a Right of First Refusal Notice according to Article 8.3. The Company shall inform each Shareholder forthwith but not later than ………..

• A Member (the “ Offering Party”) who desires to Transfer any of its Class A Units, in whole or in part (“Offered Units”), shall first give written notice (the “Right of First Refusal Notice”) of the proposed Transfer to the Company and the other Class A Members specifying the terms of the proposed Transfer, the name of the proposed Transferee and offering first to the Company and second to the other Class A Members the Offered Units at the price set forth in the Right of First Refusal Notice.

• According to the Respondents, the Appellant indulged in vexatious and acrimonious business practices and that Avigo had issued Right of First Refusal Notice on 19.05.2017 and when Respondent No.6 sent an acceptance notice, Appellant sent letters to disturb funding arrangements.

• Calendar days after receipt of the Right of First Refusal Notice about (i) the date it received the Right of First Refusal Notice and (ii) the day the ……..

More Definitions of Right of First Refusal Notice

Right of First Refusal Notice has the meaning ascribed to such term in Section 21 of this Agreement;

Right of First Refusal Notice and the Offeree Member shall have thirty (30) days from receipt of such Right of First Refusal Notice in which to elect to agree to the terms of such Superior Offer (“Matching Offer”). If (x) the Offering Member (and/or any Affiliate or Controlled Affiliate thereof) accepts the First Offer prior to withdrawal by the Offeree Member or the expiration of the one hundred eighty (180) day period or (y) the Offeree Member makes a Matching Offer within thirty (30) days from receiving the Right of First Refusal Notice, as applicable, the Offering Member (and/or any Affiliate or Controlled Affiliate thereof) and the Offeree Member shall work in good faith to reach mutually agreeable terms and enter into definitive agreements to develop such Opportunity within one hundred twenty (120) days of the Offering Member’s acceptance of the First Offer or the Matching Offer, as applicable. If (A) the Offering Member and the Offeree Member fail to enter into such definitive agreements to develop such Opportunity within such one hundred twenty (120) day period (or such later period as may be granted by the Offering Member) or (B) the Offeree Member fails to making a Matching Offer within thirty (30) days from receiving the Right of First Refusal Notice, as applicable, then, in each case, the Offering Member (or any Affiliate or Controlled Affiliate thereof) shall thereafter have the absolute right to pursue such Opportunity independently of the Offeree Member or any Affiliate thereof without any obligation to re-present such Opportunity to the Offeree Member. However, (1) if the Offering Member (and/or any Affiliate or Controlled Affiliate thereof) has not secured a Superior Offer on or before the expiration of the one hundred eighty (180) days following receipt of a First Offer or (2) if the Offering Member and a Third Party fail to (i) execute definitive agreements agreeing to the terms of a Superior Offer (on which the Offeree Member has not made a Matching Offer) within one hundred twenty (120) days after delivery of the Right of First Refusal Notice or (ii) consummate such agreements within one (1) year after delivery of the Right of First Refusal Notice, and, in each case, the Offering Member continues to desire a partner for such Opportunity, the Offering Member shall (or shall cause its Affiliate or Controlled Affiliate to) again present a Right of First Offer Notice to the Offeree Member and restart the process in accordance with this Section 2.9(b).

Right of First Refusal Notice shall have the meaning ascribed to such term in Section 4.2(a).

Right of First Refusal Notice has the meaning set forth in §13.1.

Right of First Refusal Notice shall have the meaning set forth in Paragraph 5(b)(iii) of this Third Supplement.

Right of First Refusal Notice is defined in Section 2.9(b)(ii).

Right of First Refusal Notice has the meaning given to it in Section 17.1(b) of this Agreement.