ROFO Terms definition

ROFO Terms means terms no less favorable to Landlord than the terms and conditions contained in the Sale Notice, however, the purchase price may be up to five percent (5%) less than that set forth in the Sale Notice. If Landlord fails to sell such portion of the Project to a third party upon the ROFO Terms within eighteen (18) months following the deadline for giving the Exercise Notice, then Tenant’s ROFO shall be reinstated.
ROFO Terms is defined in Section 11.1(a) hereof.
ROFO Terms shall have the meaning as set forth in Section 28.4.

Examples of ROFO Terms in a sentence

  • The Transferors shall have the option to offer the ROFO Offered Securities to a third party (“ROFO Transferee”) at a price which is not less than the ROFO Offer Price and the terms and conditions for the Transfer of the ROFO Offered Securities to the ROFO Transferee are same and not more favourable compared to the ROFO Terms provided in the ROFO Transfer Notice.

  • To meet the challenges that the highly energetic and strongly stratified Columbia River estuary and plume pose to numerical models, we have experimented with—and contrasted among—multiple codes (Thetis,SLIM, SELFE and SCHISM) representing different classes of unstructured-grid finite element methods.Accomplishments/Successes: Maintained forecasts, with forecast overlays provided through CMOP website and NVS.

  • In the event that the concerned Investor does not issue an Investor Acceptance Notice within the abovementioned period, such Investor shall be deemed to have declined the Promoter ROFO Terms.

  • If the Transferors have accepted the ROFO Price within the said 180 (one hundred and eighty) days of receipt of the ROFO Notice, then within 30 (thirty) days of the date of the acceptance of the ROFO Notice, the Transferors and the concerned Promoters shall complete the Transfer of the ROFO Offered Securities to the applicable Promoters at the ROFO Offer Price and on the ROFO Terms.

  • If Lender fails to notify Borrower of Xxxxxx’s ROFO Terms within such ten (10) day period, Lender shall be deemed to have declined the applicable Loan Party’s offer with respect to the New ROFO Terms.


More Definitions of ROFO Terms

ROFO Terms has the meaning set forth in Section 3.4(d).
ROFO Terms has the meaning set out in clause 16.1(B)(i) (ROFO);
ROFO Terms has the meaning given in Clause 18.4.1(d); "Rules" has the meaning given in Clause 35.2;‌‌‌
ROFO Terms has the meaning set forth in Section 9.04(e).
ROFO Terms has the meaning specified in Section 5.2(a).
ROFO Terms shall have the meaning as ascribed to it in Clause 12.4.6.
ROFO Terms means terms no less favorable to Landlord than the terms and conditions