ROFR Party definition

ROFR Party means, collectively or individually, as the context may require, the Tenants or other parties under the ROFR Documents.
Sample 1Sample 2Sample 3
ROFR Party has the meaning set forth in Section 5.5(b).
Sample 1Sample 2
ROFR Party has the meaning set forth in Section 9.5(b) of this Agreement.
Sample 1Sample 2

Examples of ROFR Party in a sentence

  • The Notice of Intention to Sell shall be accompanied by a written offer (the “Inside Offer”) irrevocable for ten (10) Business Days from its receipt to sell or otherwise Transfer to the ROFR Party or its designee, for a price in cash determined in accordance with Section 3.9(e), all, but not less than all, of the Offered Units, on the same terms and conditions as set forth in the Notice of Intention to Sell.

  • The ROFR Party may exercise such purchase option and purchase all or any portion of the Transferred Securities by notifying the Investor in writing before expiration of such period as to the number of Transferred Securities that he (and such other designated shareholders as contemplated by Section 3.3(d) hereof) wishes to purchase.

  • Each time Genco or a Baltic Group member, as applicable (the “Offering Party”) acquires knowledge of a Business Opportunity for which the other Party (the “ROFR Party”) has a right of first refusal, the Offering Party must first make an offering of the Business Opportunity to the ROFR Party in accordance with the following provisions of this Article II prior to pursuing such Business Opportunity.

  • The Offering Party shall give written notice (the “Offering Notice”) to the ROFR Party stating that it has identified a corporate opportunity and providing a description of the opportunity, including all material terms and conditions of which the Offering Party has knowledge.

  • For greater certainty, if the ROFR Party does not notify the Investor in writing of its decision to exercise the right of first refusal set forth in this Section 3.3 within the 10 Business Day period contemplated hereby, such right shall expire in respect of the Transfer contemplated by the Transfer Notice and the Investor may proceed to Transfer the Transferred Securities to the prospective transferee(s) specified in the Transfer Notice.

  • If the Selling Member intends to exercise its option contained in this Section 3.9(h), it shall notify the ROFR Party of such intention in the Notice of Intention to Sell delivered to EFH pursuant to Section 3.9(b).

  • Notwithstanding anything to the contrary in this Section 3.9, the time periods applicable to the election by the ROFR Party to purchase (or allow its designee to purchase) the Offered Units set forth in clause (b) of this Section 3.9 shall not be deemed to commence until a determination of Fair Market Value of any non-cash consideration pursuant to the definition thereof has been made.

  • If the ROFR Party does not give such written notice within the ten (10) Business Day period specified in Section 3.9(b), the ROFR Party (and any applicable designee) shall be deemed to have waived all of its rights under this Section 3.9 with respect to the proposed Transfer of LLC Units or IPO Units.

  • The cost of such appraisal shall be shared equally by the Investor and the ROFR Party.

  • If the ROFR Party is the first to learn of a Business Opportunity, then neither the ROFR Party nor its directors or officers shall have any duty to communicate or offer such Business Opportunity to the Offering Party.


More Definitions of ROFR Party

ROFR Party has the meaning set out in Clause 27.2.2;
Sample 1Sample 2
ROFR Party has the meaning given such term in Section 4.2(b).
Sample 1
ROFR Party means either (a) a Third Party to which a Party has granted rights to a ROFR Target prior to the Effective Date (regardless of whether an Antigen has been selected by such Third Party prior to the Effective Date as an Antigen for which such Third Party shall have Refusal Rights); or (b) Kirin, with respect to Antigens that Kirin has selected as In-House Targets prior to the Effective Date, as confirmed by the Shared Exclusive Antigen List.
Sample 1
ROFR Party means, with respect to a Member, a Person engaged in the same line of business as such Member on the date hereof and each Person Controlled by any such Person.
Sample 1
ROFR Party means, collectively or individually, as the context may require, the Tenants or other parties under the ROFR
Sample 1

Related to ROFR Party

  • Transferring Party has the meaning given such term in Section 5.2(b).

  • Initiating Party means a party who gives notice under section 2 of this Schedule;

  • Acquiring Party has the meaning given such term in Section 4.1.

  • 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 Notice has the meaning set forth in Section 3.02(d).

  • Selling Member has the meaning set forth in Section 10.5(a).

  • Proposing Party has the meaning set forth in Section 5.2.2.4(a).

  • Selling Party has the meaning set forth in the definition of “Net Sales.”

  • Transferring Member has the meaning set forth in Section 9.4.

  • ROFO Notice is defined in Section 6.2(a).

  • Breaching Party has the meaning set forth in Section 12.2.

  • Transferring Stockholder has the meaning assigned to such term in Section 3.4(a).

  • Aggrieved party means a party entitled to pursue a remedy.

  • Notified Party has the meaning specified in Section 13.2.

  • Terminating Party As defined in Section 7.1(f).

  • Initiating Member shall have the meaning provided in Section 15.2(a).

  • Participating Party means an enterprise or public body that has committed itself to reaching certain objectives under a voluntary agreement, or is covered by a national regulatory policy instrument;

  • Respondent Party has the meaning set forth in Section 7.6(b).

  • Opposing Party means the third party that owes Borrower Miscellaneous Proceeds or the party against whom Xxxxxxxx has a right of action in regard to Miscellaneous Proceeds. Borrower shall be in default if any action or proceeding, whether civil or criminal, is begun that, in Xxxxxx’s judgment, could result in forfeiture of the Property or other material impairment of Xxxxxx’s interest in the Property or rights under this Security Instrument. Borrower can cure such a default and, if acceleration has occurred, reinstate as provided in Section 19, by causing the action or proceeding to be dismissed with a ruling that, in Xxxxxx’s judgment, precludes forfeiture of the Property or other material impairment of Xxxxxx’s interest in the Property or rights under this Security Instrument. The proceeds of any award or claim for damages that are attributable to the impairment of Xxxxxx’s interest in the Property are hereby assigned and shall be paid to Lender. All Miscellaneous Proceeds that are not applied to restoration or repair of the Property shall be applied in the order provided for in Section 2.

  • Buyer Party means Buyer or any Affiliate of Buyer that is a party to any Transaction Agreement.

  • Notifying Party As defined in Section 3.01(i).

  • ROFO Period is defined in Section 6.1(a).

  • Transferring Shareholder has the meaning set out in Section 6.1; and

  • Third Party Purchaser has the meaning set forth in Section 3.3.

  • complaining Party means any Party that requests the establishment of an arbitration panel under Article 3.5 (Initiation of the Arbitration Procedure);

  • First Offer Notice shall have the meaning set forth in Section 14.4(a).