ROFR definition

ROFR means a right of first refusal to purchase or a right of first offer to purchase one or more of the Mortgaged Properties pursuant to a recorded instrument (or a memorandum thereof) encumbering the applicable Mortgaged Property.

ROFR has the meaning set forth in Section 3(a).

ROFR means right of first refusal.

Examples of ROFR in a sentence

• In consideration of the payment of the Deferred Compensation as set forth herein, Gxxxxx xxxxxx waives all rights under the Terminated Agreements, including, without limitation, all ROFR and Tail rights.

• The Marriott ROFR is not extinguished by foreclosure or deed-in-lieu thereof, and if the proposed transfer is to a competitor by foreclosure, or if the franchisee or its affiliates become a competitor, the franchisor has a right to purchase the hotel upon notice to the franchisee.

• The Representative’s decision to not act for one or more of such offerings shall not be deemed a waiver of this ROFR.

• The Representative may elect, in its sole and absolute discretion, not to exercise its Right of First Refusal with respect to a Subject Transaction; provided that any such election by the Representative shall not adversely affect the Representative’s Right of First Refusal with respect to any other Subject Transaction during the ROFR Period agreed to above.

• If Circle delivers a Stablecoin ROFR Notice to Coinbase, Circle and its Affiliates shall have the first right to launch such New Stablecoin pursuant to Section 6.3.

More Definitions of ROFR

ROFR means a right of first refusal, right of first offer or other pre-emptive or preferential right of purchase or similar right to acquire the Assets or certain of them that may become operative by virtue of this Agreement or the completion of the Transaction;

ROFR has the meaning set forth in Section 4.01.

ROFR means the right of first refusal substantially in the form contemplated in Schedule E;

ROFR means a right of first refusal, pre-emptive right of purchase or similar right whereby any Third Party has the right to acquire or purchase any of the Assets as a consequence of the Parties entering into this Agreement or the Transaction.

ROFR means, in relation to any Hydrocarbon Properties, an option, right of first refusal, right of first purchase, right of first offer or similar right.

ROFR has the meaning set forth in Section 8.11.

ROFR means right of first refusal or purchase option.