The Right of First Refusal Notice definition

The Right of First Refusal Notice shall contain the following information:
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The Right of First Refusal Notice shall set forth the premises' square footage, the availability date, the term of occupancy (which term shall be co-terminus with the term of this Lease, except in the event that such offer occurs in the last two years of the term and in such event the term shall be comparable to what would be offered in the market for comparable space in a comparable building in the relevant submarket), the Minimum Annual Rent, the Operating Expense Base Year and the Tax Base Year, and the Lessee improvements to be performed by Lessor, if any, as such terms are set forth in the Third-Party Offer. Lessee shall have ten (10) days following receipt of the Right of First Refusal Notice to accept such space on the terms and conditions offered in the Right of First Refusal Notice, and if Lessee shall fail to accept such space within said ten (10) day period, Lessee shall have waived its right to such space and shall have no further right pursuant to this Section 35 to all or any portion of the Refusal Space for the remainder of the term of this Lease, as it may be extended. In the event Lessee accepts the offer of any space pursuant to this Section 35, Lessor and Lessee shall execute an amendment to this Lease, setting forth the terms and conditions for the lease by Lessee for such space."
Sample 1

Examples of The Right of First Refusal Notice in a sentence

  • The Right of First Refusal Notice shall state that the Right of First Refusal is exercised without condition or qualification.

  • The Right of First Refusal Notice shall specify: (a) the location and rentable area of the Right of First Refusal Space; (b) the date upon which the Right of First Refusal Space shall be available for delivery; (c) the economic terms that Landlord intends to accept including the base rent, the base year, any security deposit and prepaid rent, any other financial terms, and the proposed lease term for such space; and (d) other material terms.

  • The Right of First Refusal Notice shall also include a copy of any written proposal, term sheet or letter of intent or other agreement relating to the proposed Transfer.

  • The Right of First Refusal Notice shall certify that the Covered Transferor has received a firm offer from the Third Party Purchaser and in good faith believes a binding agreement for the Transfer is obtainable on the terms set forth in the Right of First Refusal Notice.

  • The Right of First Refusal Notice shall specify the height at which the offeree intends to install its equipment and the rent that it shall pay.

  • The Right of First Refusal Notice shall set forth the number of Shares that the Covered Transferor proposes to Transfer, the price per share to be received for the Shares and any other proposed terms and conditions relating to such Transfer and the identity (including name and address) of the Third Party Purchaser.

  • The Right of First Refusal Notice shall also contain an irrevocable offer by Amyris to enter into an agreement with TOTAL to participate in the construction and ownership of such facility or make such Licensed Products in the Territory at the same price and upon terms and conditions that are no less favorable to TOTAL than those that are proposed by Amyris or offered by a Third Party.

  • The Right of First Refusal Notice shall set forth the number of Shares that the Transferor proposes to Transfer, the price per share to be received for the Shares and any other proposed terms and conditions relating to such Transfer and the identity (including name and address) of the Third Party Purchaser.

  • The City replaced the initial aerated lagoon treatment system at the WRF with SBRs in 1999.

  • The Right of First Refusal Notice shall specify the material terms of such proposed sale, including the proposed purchase price.

Related to The Right of First Refusal Notice

  • Right of First Refusal means the Company’s right of first refusal described in Section 8.

  • Right of First Offer shall have the meaning set forth in Section 13.1 hereof.

  • Right of First Refusal Agreement means the Second Amended and Restated Right of First Refusal and Co-Sale Agreement of even date herewith by and among the Company, the Investors and certain other parties named therein.

  • Right of First Refusal and Co-Sale Agreement means the agreement among the Company, the Purchasers, and certain other stockholders of the Company, dated as of the date of the Initial Closing, in the form of Exhibit G attached to this Agreement.

  • First Refusal Right means the right granted to the Corporation in accordance with Article E.

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

  • First Offer has the meaning set forth in Section 3.9(e)(1) or Section 11.1(b)(i), as applicable.

  • Secondary Refusal Right means the right, but not an obligation, of each Investor to purchase up to its pro rata portion (based upon the total number of shares of Capital Stock then held by all Investors) of any Transfer Stock not purchased pursuant to the Right of First Refusal, on the terms and conditions specified in the Proposed Transfer Notice.

  • Put Option Notice means a notice which must be delivered to a Paying Agent by any Noteholder wanting to exercise a right to redeem a Note at the option of the Noteholder;

  • Restriction Notice has the meaning set forth in Section 8.04(f) hereof.

  • Call Option Notice means a written notice from the holder of the Call Option or the Administrator, as applicable, stating its desire to exercise the Call Option on the related Reset Date, delivered to each Clearing Agency, the Indenture Trustee, the Remarketing Agents, the Rating Agencies and, if the related class of Reset Rate Notes is then listed on the Luxembourg Stock Exchange, the Administrator will forward a copy to the Luxembourg Listing Agent (the contents of which are to be published in a leading newspaper having general circulation in Luxembourg).

  • Existing Transfer Restrictions means Transfer Restrictions existing with respect to any securities by virtue of the fact that Counterparty may be an “affiliate” of the Issuer (as such term is defined in Rule 144 under the Securities Act).

  • Right of Repurchase means the Company’s right of repurchase described in Section 7.

  • Repurchase Option has the meaning set forth in Section 1.3(a) hereto.

  • Purchase Option Notice As defined in Section 3.18(e).

  • Right of Co-Sale means the right, but not an obligation, of an Investor to participate in a Proposed Key Holder Transfer on the terms and conditions specified in the Proposed Transfer Notice.

  • Repurchase Right means the right granted to the Corporation in accordance with Article D.

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

  • 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.

  • Option Notice has the meaning set forth in Section 5.2(a).

  • Offer Notice shall have the meaning set forth in Section 4.1.

  • Transfer Restriction means, with respect to any security or other property, any condition to or restriction on the ability of the holder thereof to sell, assign or otherwise transfer such security or other property or to enforce the provisions thereof or of any document related thereto, whether set forth in such security or other property itself or in any document related thereto or arising by operation of law, including, without limitation, such conditions or restrictions arising under federal, state or foreign laws or under any contracts, arrangements or agreements.

  • Transfer Restrictions means restrictions that prohibit the sale, exchange, transfer, assignment, pledge, hypothecation, fractionalization, hedge or other disposal (including through the use of any cash-settled instrument), whether voluntarily or involuntarily by the Grantee, of an Award or any shares of Common Stock, cash or other property delivered in respect of an Award.

  • Proposed Transfer Notice means written notice from a Key Holder setting forth the terms and conditions of a Proposed Key Holder Transfer.

  • Transfer Restriction Event shall have the meaning specified in Section 2.11.

  • Put Option means an exchange traded option with respect to Securities other than Stock Index Options, Futures Contracts, and Futures Contract Options entitling the holder, upon timely exercise and tender of the specified underlying Securities, to sell such Securities to the writer thereof for the exercise price.