Examples of ROFR Expiration Date in a sentence
For the avoidance of doubt, Tenant’s Right of First Refusal (as defined in the Third Amendment) shall continue to remain in effect through the ROFR Expiration Date (as extended pursuant to the Sixth Amendment).
Notwithstanding anything to the contrary contained in the Lease, (i) the ROFR Expiration Date (as defined in the Third Amendment) is hereby extended through April 15, 2018.
If Tenant has not leased a full floor in the Building in addition to the initial Premises prior to January 1, 2022, then for the balance of the Initial Term after the ROFR Expiration Date, Landlord will notify Tenant (the “Landlord ROFO Notice”) of the rental rate (the “ROFO Rate”) and other terms and conditions upon which it would be willing to lease the First Offer Space to Tenant for a term that expires on the expiration of the Initial Term (the “Right of First Offer”).
If, after compliance with the foregoing provisions of this Section 6.3, the Company or ROFR Holders shall have elected to purchase all but not less than all of the ROFR Offered Units, parties to such purchase and sale shall thereafter set a reasonable place and time for the closing of the purchase and sale of the ROFR Offered Units, which shall be not more than thirty (30) days after the ROFR Expiration Date unless otherwise agreed by all of the parties to that transaction.
If Tenant’s Right of First Refusal has not otherwise been waived pursuant to this Section 8(a), Tenant’s Right of First Refusal shall expire and be of no further force or effect as of the ROFR Expiration Date.
Notwithstanding the foregoing, if (i) the Company and the ROFR Holders shall not have elected to purchase all of the ROFR Offered Units on or prior to the ROFR Expiration Date, then the ROFR Offeror must comply with the terms of Section 6.5 prior to Transferring any of the ROFR Offered Units to any Person.
The Right of First Refusal shall terminate (i) as to any portion of the ROFR Parcel immediately upon the Transfer of such portion of the ROFR Parcel to a Person other than a Qualifying Affiliate in accordance with this Section (but shall continue in full force and effect as to any portion of the ROFR Parcel that is not so Transferred) and (ii) as to any other portion of the ROFR Parcel, on the ROFR Expiration Date.
The Members shall set a reasonable place and time for the closing of the purchase and sale of the Offered Interests, which shall be not less than 5 days nor more than 30 days after the ROFR Expiration Date (subject to extension to the extent necessary to pursue any required regulatory or Member approvals, including to allow for the expiration or termination of all waiting periods under the HSR Act) unless otherwise agreed by all of the parties to such transaction.
For purposes of this Contract, the term “Due Diligence Period” shall mean the date which is 30 days after the ROFR Expiration Date (as defined below).
The date upon which Ground Lessor waives or notifies Seller that it elects not to exercise its ROFR is hereinafter referred to as the "ROFR Expiration Date".