Examples of ROFO Negotiation Period in a sentence
If the Offer Response is as set out in Subsection 3.6(ii), Supplier and GM shall, each acting in good faith, for a period of a further one hundred and sixty (160) days (the "Standard ROFO Negotiation Period") negotiate the binding Commercial Agreement, based on the Sale Terms, which binding Commercial Agreement, for clarity, may provide that closing is conditional upon the satisfaction of conditions precedent.
Supplier shall not disclose to an Offeree any of the information provided by GM to Supplier in the Offer Response or during the Standard ROFO Negotiation Period.
Supplier shall not disclose to an Offeree any of the information provided by GM to Supplier in the Offer Response or during the Revised ROFO Negotiation Period.
If the Investor desires to Transfer any ROFO Shares following the end of the ROFO Open Period in a Permitted Public Transfer, then the Investor shall be required to comply with the procedures set forth under this Section 4.6 again by delivering a new ROFO Notice to the Company and provide the Company with the right to nominate one or more Preferred New Investors and such Preferred New Investor(s) with another ROFO Negotiation Period pursuant to this Section 4.6.
If during the ROFO Negotiation Period the parties agree on such annual base rent, escalation factor and additional rent, then they shall promptly execute an amendment to the Lease stating the terms so agreed upon.
During the ROFO Negotiation Period, the Transferring Shareholder may not engage in any negotiation or discussion with any potential transferee with respect to the Subject Shares other than the Non-Transferring Shareholder.
If at the expiration of the ROFO Negotiation Period, the ROFO Investors and Parent shall not have reached agreement with regard to the terms and conditions of such Sale of Xxxxxx, then Parent shall be free for a period of one (1) year after the expiration of the ROFO Negotiation Period to effect a Sale of Xxxxxx to one or more third parties for consideration and on other terms no less favorable to Parent in the aggregate than those set forth in the Offer Notice.
In the event that Landlord and Tenant are unable to agree upon the Market Rental Rate during the ROFO Negotiation Period, the Market Rental Rate shall be determined in accordance with the Three-Broker Method set forth in Section 19 of this Lease.
If Acquiror does not take any substantive actions towards the commercialization of the Compound independently or enter into an agreement with a Third Party to sell or otherwise grant rights to such Third Party with respect to the Compound in any manner, within [†] ([†]) [†] after the end of the ROFO Negotiation Period, then Acquiror shall again comply with the provisions of this Article 5 before taking such an action thereafter.
During the ROFO Negotiation Period, the Deerfield Purchasers shall refrain from engaging in any discussions with any third party (other than the WP Purchasers) regarding a Transfer of such Securities to such third party.