Examples of Right of Refusal in a sentence
It is expressly agreed between the Parties that the First Right of Refusal shall mean that the Concessionaire will have a right to match the financial bid of the highest ranked bidder only if the Concessionaire participates in such bidding process and its bid is within 10% of the highest ranked bidder.
Clause Number Subject 12 Hours of work 27B to G excepting 27Fiv Additional payments and allowances 24 Penalty rates for ordinary time 25 Overtime 26 Public holidays Employee’s Right of Refusal All employees will have the right to refuse to undertake overnight care tasks.
A purchase shall be deemed to include the entering into of any agreement to exchange, or the obtaining of an option to purchase which is subsequently exercised, or the causing of a First Right of Refusal to be exercised, or an agreement to sell or transfer shares or assets.
Contingencies or conditions that must be disclosed include but are not limited to: the existence of equitable interest in a property; the offer to purchase is contingent upon the sale of another property or upon the satisfactory inspection(s) of the property to be purchased); or that there is an existing First Right of Refusal.
To the extent this Agreement is terminated by the Company for Cause, the Right of Refusal granted hereunder will terminate.
If the Company does not intend to exercise its Right of Refusal with respect to all Transfer Stock subject to a Proposed Key Holder Transfer, the Company must deliver a Secondary Notice to the selling Key Holder and to each Investor to that effect no later than fifteen (15) days after the selling Key Holder delivers the Proposed Transfer Notice to the Company.
As part of the close of Escrow, Escrow Holder shall --------- record the following documents in the Official Records of the County, in the following order: The Deed, the Memorandum, the Right of Refusal Agreement, the Option Agreement, and the Environmental Declaration.
Pursuant to Government Code Section 65863.11, the State maintains a list of “Entities Interested in Participating in California's First Right of Refusal Program” at http://www.hcd.ca.gov/hpd/hrc/tech/presrv/hpd00-01.xls.
To activate the First Option Right of Refusal process, the Second Option group or event must submit a Facility Use Application complete with a full deposit, which will only be refundable if the First Option holder exercises their right to execute a license agreement with the JCC.
This Right of Refusal Agreement shall automatically terminate upon the expiration or early termination of both Facility Lease I and Facility Lease II.