Examples of ROFR Party in a sentence
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.
If the ROFR Party does not deliver a ROFR Offer Notice during the ROFR Notice Period, it shall be deemed to have waived all of its rights to pursue the Business Opportunity under this Article Tenth, and the Offering Party shall thereafter be free to pursue the Business Opportunity specified in the Offer Notice without any further obligation to such Party pursuant to this Article Tenth.
If a preference is not indicated, your distribution entitlement will be reinvested as additional Units in the Fund.
Upon receipt of the Offering Notice, the ROFR Party shall have twenty-four (24) hours if the Business Opportunity is a Spot Charter Opportunity or fourteen (14) calendar days if the Business Opportunity is not a Spot Charter Opportunity (the “ ROFR Notice Period”) to elect to pursue the Business Opportunity by delivering a written notice to the Offering Party stating that the ROFR Party will pursue the Opportunity (a “ROFR Notice”).
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.
DEPARTMENT RESPONSE: Presently, all preschool evaluations must meet the requirements of §200.4(b) and §200.16(c) of the Commissioner’s regulations and must be conducted by staff with appropriate New York State licensure and/or certification.
Notwithstanding the provision of Section 3.1(a)(vii) of the Agreement, Seller is willing to return the portion of the Option Payment allocated to Ladera Center in the amount of $37,622.26 prior to the purchase by the ROFR Party of the Membership Interest.
The right of ROFR Parties to purchase all or any part of the Offered Note under Condition 4.1(b) above shall be exercisable by any ROFR Party through delivering a written notice of the exercise thereof (the “ROFR Exercise Notice”), prior to the expiration of the ROFR Exercise Period, to the Holder.
Each ROFR Party shall then have the right, exercisable upon written notice to the Selling Stockholder within [***] the receipt of the Second Notice, to purchase all or any portion, of its pro rata share of the Stockholder Stock subject to the Second Notice and on the same terms and conditions as set forth therein.
The exercising ROFR Party shall deliver at the closing to the Holder payment of the Transfer Price in full in immediately available funds for the Offered Note purchased.