ROFO definition

ROFO shall have the meaning set forth in Section 6.7 hereof.

ROFO means right of first offer.

ROFO means the right of first opportunity in favour of the REIT on all Opportunities and Subsequently Owned Properties;

Examples of ROFO in a sentence

• Any ROFO Offer Notice so delivered shall be binding upon delivery and irrevocable by the Purchaser.

• The decision to issue the ROFO Response and the terms of the ROFO Response shall be subject to approval by the Conflicts Committee.

• With respect to Partnership property that is contributed to the Partnership in connection with the General Partner’s initial public offering or pursuant to the Partnership’s exercise of rights under any Option Agreement or ROFO Agreement, such variation between basis and initial Gross Asset Value shall be taken into account under the “traditional method” as described in Regulations Section 1.704-3(b).

• The ROFO Notice shall include any material terms, conditions and details as would be necessary for a Partnership Group Member to make a responsive offer to enter into the Proposed Transaction with the applicable ROFO Asset Owner, which terms, conditions and details shall at a minimum include any terms, condition or details that such ROFO Asset Owner would propose to provide to non-Affiliates in connection with the Proposed Transaction.

• Any ROFO Offer Notice so delivered shall be binding upon delivery and irrevocable by the Sponsor.

More Definitions of ROFO

ROFO has the meaning set forth in Section 7.6(a).

ROFO has the meaning set forth in Section 13.12(a) of this Agreement.

ROFO has the meaning set forth in Section 3(a).

ROFO. As defined in Section 10(a).

ROFO. “TAG ALONG” AND “DRAG ALONG” RIGHTS.

ROFO is defined in Section 5.9.

ROFO. Discount” Section 3.4(f)(iii) “Second Notice” Section 3.4(f)(iii)