Right of First Refusal Procedures definition

Right of First Refusal Procedures has the meaning set forth in Section 2.02(b). “Securities Act” means the U.S. Securities Act of 1933, as amended.
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Right of First Refusal Procedures has the meaning set forth in Section 2.02(b).
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Right of First Refusal Procedures means the following: (i) Upon NHI delivering a Written Offer to NHC on a NHI Development Project, NHC shall have ten (10) business days from receipt of a certified mailing to accept or reject the Written Offer by written instrument. The failure of NHC to accept or reject the Written Offer by the normal close of business on the tenth (10) business day from the date of receipt shall be deemed a rejection thereof. (ii) Subsequently if NHI has a third party offer, which it is willing to accept and which changes in any economic manner the terms of the original Written Offer, then NHI must re-offer the Written Offer on the changed terms and conditions to NHC, which shall have five business days from the receipt by Tenant of the certified mailing to accept or reject in writing the changed terms. A failure to accept or reject in writing by the close of business on the fifth business day from the date of receipt shall be deemed a rejection.
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Examples of Right of First Refusal Procedures in a sentence

  • Transcontinental Gas Pipe Line Company, LLC, FERC NGA Gas Tariff, Fifth Revised Volume No. 1, Section 48, Right of First Refusal Procedures, 0.0.0. Commission policy also requires that the same methodology should be used to determine the best bid and whether the ROFR shipper has matched the bid.

  • Buyer shall have all ROFR rights upon termination of this service agreement as determined by the Right of First Refusal Procedures as set forth in Section 48 of the General Terms and Conditions of Seller’s FERC Gas Tariff.

  • Section 48, Right of First Refusal Procedures, 0.0.0. Commission policy also requires that the same methodology should be used to determine the best bid and whether the ROFR shipper has matched the bid.

Related to Right of First Refusal Procedures

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

  • Right of First Offer has the meaning set forth in Section 8.7.

  • 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 G attached to this Agreement.

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

  • 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.

  • Exclusive Right to Sell listing means that if you, the owner of the property, find a buyer for your house, or if another broker finds a buyer, you must pay the agreed commission to the present broker.

  • 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;

  • 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.

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

  • 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 means any condition to or restriction on the ability of the Subscriber to pledge, sell, assign or otherwise transfer the Shares under any organizational document, policy or agreement of, by or with the Company, but excluding the restrictions on transfer described in paragraph 6(c) of this Subscription Agreement with respect to the status of the Shares as “restricted securities” pending their registration for resale or transfer under the Securities Act in accordance with applicable securities laws.

  • Non-transferability means the occurrence of any event that makes it impossible for the Issuer to deliver Renminbi between accounts inside Hong Kong or from an account inside Hong Kong to an account outside Hong Kong, other than where such impossibility is due solely to the failure of the Issuer to comply with any law, rule or regulation enacted by any Governmental Authority (unless such law, rule or regulation is enacted after the Issue Date and it is impossible for the Issuer, due to an event beyond its control, to comply with such law, rule or regulation).

  • RMB Non-Transferability means the occurrence of any event that makes it impossible for the Issuer to deliver RMB between accounts inside Hong Kong or from an account inside Hong Kong to an account outside Hong Kong (including where the RMB clearing and settlement system for participating banks in Hong Kong is disrupted or suspended), other than where such impossibility is due solely to the failure of the Issuer to comply with any law, rule or regulation enacted by any Governmental Authority (unless such law, rule or regulation is enacted after the Issue Date of the first Tranche of the relevant Series and it is impossible for the Issuer due to an event beyond its control, to comply with such law, rule or regulation);

  • right of access means the right to be admitted to invest in the territory of the other Contracting Party, subject to the limits resulting from international agreements binding on both Contracting Parties.

  • Proposed Transfer means any assignment, sale, offer to sell, pledge, mortgage, hypothecation, encumbrance, disposition of or any other like transfer or encumbering of any Transfer Stock (or any interest therein) proposed by any of the Key Holders or Investors.

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

  • Hold Notice means a written statement (or an oral statement confirmed in writing, which may be by e-mail) from a holder of reset rate notes denominated in U.S. Dollars during the then-current and immediately following reset periods, delivered to a remarketing agent that the holder desires to hold some or all of its reset rate notes for the upcoming reset period and affirmatively agrees to receive a rate of interest of not less than the applicable All Hold Rate during that reset period.

  • Call Rights As defined in Section 9.01(f).

  • Restriction Notice has the meaning set forth in Section 8.04(f) hereof.

  • Transfer Notice Date has the meaning given to it in Section 2.06.

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

  • Original Holder shall have the meaning given in the Recitals.

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

  • Secondary Refusal Right means the right, but not an obligation, of each Investor to purchase up to its pro rata portion (based upon the total number of shares of Capital Stock then held by all Investors) of any Transfer Stock not purchased pursuant to the Right of First Refusal, on the terms and conditions specified in the Proposed Transfer Notice.

  • Rights Offering Procedures means the procedures governing the Rights Offering, which procedures are attached as an exhibit to the Disclosure Statement, and shall be Acceptable to the Debtors and each of the Required Parties.