Examples of ROFR Response Period in a sentence
During the period commencing on the date that Cinemark provides LLC the ROFR Notice and continuing until the earlier of (i) the end of the ROFR Response Period and (ii) the date LLC notifies Cinemark that it does not seek to provide the Designated Services, Cinemark shall not solicit alternative proposals from any other party for the Designated Services.
If Cinemark and LLC fail to enter into such agreement within 45 days after the end of the ROFR Response Period, then Cinemark shall have 45 days thereafter to enter into the Alternative Agreement on the terms and conditions no less favorable to Cinemark than those set forth in the ROFR Notice.
If Cinemark fails to enter into such Alternative Agreement within 45 days after the end of the ROFR Response Period, then the provisions of this Section 9.03 shall once again become applicable.
If Tenant fails to respond to the ROFR Notice within the ROFR Response Period, Landlord may thereafter offer the Property to third parties; provided, however, that in the event the terms of the Purchase Offer were to change, then Landlord shall be required to provide Tenant with a new ROFR Notice and a new ROFR Response Period for Tenant to respond before continuing to market the Property to third parties.
During the period commencing on the date that [Circuit A] provides LLC the ROFR Notice and continuing until the earlier of (i) the end of the ROFR Response Period and (ii) the date LLC notifies [Circuit A] that it does not seek to provide the Designated Services, [Circuit A] shall not solicit alternative proposals from any other party for the Designated Services.
This right of first offer (i) is only available to Purchasers who have previously converted all of their Notes acquired hereunder into shares of stock or Units, (ii) is only available to Purchasers who notify the Company within the ROFR Response Period of the number of Additional Securities, up to Purchaser’s Pro Rata Share, Purchaser wishes to acquire and (iii) in connection with a Second Qualified Financing.
If [Circuit A] and LLC fail to enter into such agreement within 45 days after the end of the ROFR Response Period, then [Circuit A] shall have 45 days thereafter to enter into the Alternative Agreement on the terms and conditions no less favorable to [Circuit A] than those set forth in the ROFR Notice.
Tenant shall, for the 30 day period commencing upon receipt of the First Refusal Notice (the “ROFR Response Period”), have the exclusive right to purchase, or designate a purchaser of, the Landlord Estate on the terms set forth in the PSA, by so notifying Landlord before 11.59 p.m. EST on the last day of the ROFR Response Period.
If [Circuit A] fails to enter into such Alternative Agreement within 45 days after the end of the ROFR Response Period, then the provisions of this Section 9.03 shall once again become applicable.
If, however, either: (x) Landlord does not complete the Proposed Transfer on the Purchase Terms within 180 days from the end of the ROFR Response Period; or (y) Landlord attempts to change any of the terms of the PSA, then Xxxxxx’s right of first refusal provided for in Section 17.4 shall once again apply, and Landlord shall not complete such Proposed Transfer without first giving a new First Refusal Notice to Tenant in compliance with the terms of Section 17.4.