ROFO Negotiation Period definition
Examples of ROFO Negotiation Period in a sentence
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.
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 Revised ROFO Negotiation Period.
Supplier (directly or through an affiliate) 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.
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 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.
If Buyer does not provide notice accepting the ROFO Offer within the ROFO Exercise Period, or if the Parties fail to enter into the ROFO Agreement within the ROFO Negotiation Period, then Seller shall have the right to enter into any Non-Merchant Agreement on terms and conditions that are materially no more favorable than the ROFO Offer provided to Buyer.
Tenant must notify Landlord, within ten (10) business days of Landlord’s ROFO Notice given pursuant to this Section 17.2(B) that (i) Tenant elects to lease all of the Available ROFO Space (“Tenant’s Acceptance Notice”), on the terms set forth in Landlord’s ROFO Notice (subject to the ROFO Negotiation Period (as hereinafter defined)), or (ii) Tenant rejects Landlord’s offer.
During the ROFO Negotiation Period, the Company shall continue to make available to Astellas or its representatives relevant personnel of the Company during reasonable times and with reasonable advance notice, to answer Astellas’ questions relating to the contents of the virtual data room and the Program.