Examples of ROFO Election Notice in a sentence
Reviewed documentation supported some youth participated in the Florida Restaurant and Lodging Association SafeStaff FoodHandler Training Program.
If Optionor rejects Optionee’s ROFO Election Notice, it shall have no more than the 180 day period following the Optionor Election Date (the “Marketing Period”) to solicit Qualifying Third Party Offers.
If the Receiving Member validly and timely delivers a ROFO Election Notice, the closing of the purchase of such ROFO Interests shall be on a date which is not more than sixty (60) days after the delivery of the ROFO Election Notice to the Formation Member, subject to receipt of applicable regulatory approvals, if any.
Any Offeree Member failing to give a ROFO Election Notice (electing to purchase its pro rata share of the Offered Interest) to the Assigning Member(s) and all of the other Offeree Members prior to the expiration of the Initial Offer Period shall be deemed to have elected not to purchase any of the Offered Interest.
If Optionee’s ROFO Election Notice is responsive to Third Party Terms and the terms set forth therein are equal to, or more favorable than the Third Party Terms, Optionor must accept Optionee’s ROFO Election Notice.
If the Responding Member fails to deliver an Interest ROFO Election Notice or Interest ROFO Rejection Notice within the Interest ROFO Response Period, the Responding Member shall be deemed to have delivered an Interest ROFO Rejection Notice rejecting the offer contained in the Interest ROFO Notice.
Notwithstanding anything to the contrary contained in this Agreement, a Voting Member that becomes a defaulting Buying ROFO Member or a defaulting Assigning Member under this Section 11.4 (which default continues after the expiration of any applicable notice and grace periods set forth in this Section 11.4) shall (A) permanently become a Defaulting Member and cease to be a Voting Member, and (B) not have any right to thereafter give a ROFO Election Notice or to give an Election Notice under Section 11.5.
Any Electing Offeree Member that fails to make such written election at the ROFO Determination Meeting shall be deemed to have revoked its ROFO Election Notice.
If the Glimcher Member fails to duly deliver an Asset ROFO Election Notice within the Asset ROFO Response Period, the Glimcher Member shall be deemed to have delivered an Asset ROFO Rejection Notice rejecting the offer contained in the Asset ROFO Notice.
If no Offeree Member gives a ROFO Election Notice (electing to purchase its pro rata share of the Offered Interest) to the Assigning Member(s) and all of the other Offeree Members prior to the expiration of the Initial Offer Period, the provisions of Section 11.4(i) shall apply.