ROFO Right has the meaning assigned in Section 7.3.

ROFO Right has the meaning specified in Section 3.03(b).

ROFO Right. The Non-Selling Shareholder may exercise its ROFO Right in whole but not in part by delivering written notice of such election (each, an “Acceptance Notice”) to the Selling Shareholder within 30 days after the date on which it received the Offer Notice (the “Offer Period”). If the Non-Selling Shareholder does not deliver an Acceptance Notice to the Selling Shareholder by the end of the Offer Period, it will no longer be able to exercise its ROFO Right with respect to the Subject Securities. For all sales or transfers pursuant to Section 3.02 (other than Sections 3.02(a) and (b)), the Non-Selling Shareholder shall have the right (but not the obligation) to assign its ROFO Rights in whole or in part to any Person; provided, however, that, notwithstanding the foregoing, in the case of a Whole Block Sale the LATAM Controlling Shareholders may only assign its ROFO Rights to a Person approved in advance by the LATAM Board and whose purchase would not have an Adverse Effect. If the Non-Selling Shareholder elects to assign any ROFO Right pursuant to this Section 3.05(a) to any Person, then the Non-Selling Shareholder shall describe such assignment in its Acceptance Notice, including the identity of the assignee and the Subject Securities that are the subject of the assignment, and the Selling Shareholder shall sell or transfer such Subject Securities to such assignee in lieu of the Non-Selling Shareholder.

Examples of ROFO Right in a sentence

The Right of First Offer (ROFO)/ Right of First Refusal (ROFR) Deed and the Future Assets Agreement will terminate in certain circumstances and shall be subject to the terms of the concession agreement and applicable law.
Section 2.02 of the Lease and Tenant’s ROFO Right thereunder shall continue in full force and effect pursuant to the terms of the Lease as amended by this Third Amendment.
These two acquisitions are the first acquisitions under the ROFO (Right of First Offer) rights agreement with Pattern Development.In addition to the 214 MW acquired at the end of last year, we ended the year with an identified 620 MW of ROFO projects which we anticipate acquiring fromPattern Development in 2014 and 2015.
If the Non-Selling Shareholder does not deliver an Acceptance Notice to the Selling Shareholder by the end of the Offer Period, it will no longer be able to exercise its ROFO Right with respect to the Subject Securities.
The Non-Selling Shareholder may exercise its ROFO Right in whole but not in part by delivering written notice of such election (each, an “Acceptance Notice”) to the Selling Shareholder within 30 days after the date on which it received the Offer Notice (the “Offer Period”).

More Definitions of ROFO Right

ROFO Right is defined in Section 9.04(b).

ROFO Right. As defined in Schedule 1.9(g)(ii).

ROFO Right. As defined in Schedule 17.1(i).

ROFO Right has the meaning set forth in Section 10.4(b).

ROFO Right means the right of a Third Party, whether or not an Operator, to be given an offer by the applicable Vendor to purchase the Vendor’s Royalty before the Vendor sells, transfers and assigns such Royalty to the Purchaser, including a right of first offer and a right of first refusal; (qq)

ROFO Right shall have the meaning ascribed to such term under Clause 6.6 (a);