The Company may either (1)exercise its Right of First Refusal in full or in part and purchase such Shares pursuant to this Section3(a), (2)decline to exercise its Right of First Refusal in full or in part and permit the transfer of such Shares to the Proposed Transferee (as defined below) in full or in part or (3)decline to exercise its Right of First Refusal in full or in part and, to the extent the Companys approval is required by the Plan or any applicable Bylaw Provisions, decline the request to sell or transfer the Shares in full or in part. WebRight of First Offer. Before any Shares held by Purchaser or any transferee of Purchaser (either being sometimes referred to herein as the Holder) may be sold or otherwise transferred (including transfer by gift or operation of law), the Company shall first, to the extent the Companys approval is required by the Plan or any applicable Bylaw Provisions, have the right to approve such sale or transfer, in full or in part, and shall then have the right to purchase all or any part of the Shares proposed to be sold or transferred, in each case, in its sole and absolute discretion (the Right of First Refusal). Gold Award 2006-2018 BEST Legal Forms Company 11 Year Winner in all Categories: Forms, Features, Customer Service and Ease of Use. (g) Assignment of Right of First Refusal. 4.3. The Board of Directors may freely assign the Companys Right of First Refusal, in whole or in part. It shall also specify the number of shares not purchased, if any, under Sections 3 and 3.2 hereof and list each Participating Investors (as defined in Section 3.3 hereof) share of any Remaining Shares. For a period of twenty (20) days (the Initial Exercise Period) after the date on which the Transfer Notice is delivered to the Company, the Company shall have the right to purchase all or any part of the Offered Shares on the terms and conditions set forth in this Section 6.11(ii). Table of Contents shareholders party to the Shareholders Agreement, who shall have the right of first refusal. WebThe right of first refusal is usually triggered when a third party offers to buy or lease the property owner's asset. 02/07/2020 (Conatus Pharmaceuticals Inc.). Any person who accepts an assignment of the Right of First Refusal from the Company shall assume all of the Companys rights and obligations under this Section7 with respect to such whole or partial assigned Right of First Refusal. Additional filters are available in search. WebParents who include right of first refusal basically want the opportunity to watch the children when the other parent has them. WebGeneral Contract Clauses: Right of First Refusal. (g) Assignment of Right of First Refusal. Any other provision of this Section2 notwithstanding, in the event that the Stock is readily tradable on an established securities market when the Purchaser desires to transfer Purchased Shares, the Company shall have no Right of First Refusal, and the Purchaser shall have no obligation to comply with the procedures prescribed by Subsections(a) and (b) above. The asset seller in this case must offer the best deal first to 4. 9.5 Failure to Exercise Right of First Refusal. The Company shall have the right to purchase all, but not less than all, of the Exercise Shares at the purchase price and on the terms set forth in the Transfer Notice by delivery to the Participant of a notice of exercise of the Right of First Refusal within thirty (30)days after the date the Transfer Notice is delivered to the Company. The Company shall have the right to demand further assurances from the Participant and the Proposed Transferee (in a form satisfactory to the Company) that the transfer of the Transfer Shares was actually carried out on the terms and conditions described in the Transfer Notice. In order to exercise its right hereunder, the Company must deliver written notice to Seller within the Initial Exercise Period. 3.6 Exclusion from Right of First Refusal. The Right of First Refusal shall terminate as to any Shares upon the earlier of (i)the first sale of Common Stock of the Company to the general public, or (ii)a Change in Control in which the successor corporation has equity securities that are publicly traded. If the Company fails to exercise the Right of First Refusal in full (or to such lesser extent as the Company and the Participant otherwise agree) within the period specified in Section 11.4 above, the Participant may conclude a transfer to the Proposed Transferee of the Transfer Shares on the terms and conditions described in the Transfer Notice, provided such transfer occurs not later than ninety (90) days following delivery to the Company of the Transfer Notice or, if applicable, following the end of the period described in the last sentence of Section 11.4. Open Search. In the event this Agreement is terminated as a result of the Permit being terminated or revoked and BLADE is not otherwise in default of this Agreement, should APH relocate its business and operate a heliport elsewhere in Manhattan, APH agrees to work in good faith with BLADE to allow for the transfer of the Trailer to any such subsequent heliport location or for Blade to install an alternative facility consistent with the size and configuration of such subsequent heliport within the parameters of all governing permits, leases , and/or regulations. Such right of first refusal will be subject to the Repurchase Limitation in Section8(k). In the event of a merger or consolidation of the Company with or into another entity, any other corporate reorganization, a stock split, the declaration of a stock dividend, the declaration of an extraordinary dividend payable in a form other than stock, a spin-off, an adjustment in conversion ratio, a recapitalization or a similar transaction affecting the Company's outstanding securities, any securities or other property (including cash or cash equivalents) that are by reason of such transaction exchanged for, or distributed with respect to, any Shares subject to this Section 8 shall immediately be subject to the Right of First Refusal. WebNotwithstanding the ----- provisions of Section 4.1, and absent the right to make a transfer of Stock pursuant to Section 4.2, commencing o Notice of Right of First Refusal Sample Clauses "In Nolo you can trust." WebEXERCISE OF FIRST OPTION: This right of first refusal or first option to purchase may only be exercised by Purchaser within ten (10) days from notification by Seller that Seller WebRight of first refusal is granted under a contract that needs the buyer or receiver of the horse, under particular terms and conditions provide the seller a chance to own the horse again if or when the buyer wants to leave with the horse. (c) Additional or Exchanged Securities and Property. Except as expressly provided in this Section5(n) or in the Stock Award Agreement, such right of first refusal will otherwise comply with any applicable provisions of the bylaws of the Company. If [PARTY B] is not in Default, [PARTY A] shall allow [PARTY B] to make the first offer on additional marketable space within the building as Afterpattern will live on as PatternBuilder, a part of NetDocuments. Any person who accepts an assignment of the Right of First Refusal from the Company shall be entitled to and assume all of the Companys rights and obligations under this Section 7. The right of the first refusal lease clause or addendum is a legally-binding document that gives a tenant the first right to purchase a property if it goes up on the Right of first refusal in real estate allows interested parties the first chance to purchase a property. The Right of First Refusal shall not apply to any transfer or exchange of the Exercise Shares if: (i)such transfer is in connection with a Change in Control; (ii)such transfer is to one or more members of the Participants immediate family (or a trust for their benefit) provided all such transferees agree in writing to the restrictions of Section5(f); or (iii)such transfer has been expressly approved by the Board, which approval may be granted or withheld in its sole discretion. RIGHT OF FIRST REFUSAL. The Right of First Refusal will terminate as to all Shares: (i)on the effective date of the first sale of Common Stock of the Company to the general public pursuant to a registration statement filed with and declared effective by the SEC under the Securities Act (other than a registration statement relating solely to the issuance of Common Stock pursuant to a business combination or an employee incentive or benefit plan); (ii) on any transfer or conversion of Shares made pursuant to a statutory merger or statutory consolidation of the Company with or into another corporation or corporations if the common stock of the surviving corporation or any direct or indirect parent corporation thereof is registered under the Exchange Act; or (iii)on any transfer or conversion of Shares made pursuant to a statutory conversion of the Company into another form of legal entity if the common equity (or comparable equity security) of entity resulting from such conversion is registered under the Exchange Act. If the Company fails to exercise such Right of First Refusal, the Participant may conclude a transfer to the Proposed Transferee of the Exercise Shares on the terms and conditions described in the Transfer Notice, provided such transfer occurs not later than three (3)months following expiration of the forty-five (45)day Right of First Refusal period provided in Section5(c). (n)Right of First Refusal. WebFirst Right of Refusal. The Right of First Refusal shall not apply to any transfer or exchange of the shares acquired upon exercise of the Option if such transfer or exchange is in connection with an Ownership Change Event. The Company shall have the right to demand further assurances from the Participant and the Proposed Transferee (in a form satisfactory to the Company) that the transfer of the Transfer Shares was actually carried out on the terms and conditions described in the Transfer Notice. RIGHT OF FIRST REFUSAL. Notwithstanding anything in this Agreement, the Company or each Holder shall, upon receipt of any bona fide written offer from a third party (whether unsolicited or solicited) for a Sale of the Company (the Third Party Offer), promptly first provide to each Investor with written notice of such Third Party Offer (the ROFR Notice). Generally, the provision allows the LLC or the other members to purchase all or part of the membership interest that a dissociating member is selling. Appropriate adjustments to reflect the exchange or distribution of such securities or property shall be made to the number and/or class of the Acquired Shares subject to this Section2. The Right of First Refusal shall not apply to any transfer or exchange that would otherwise be subject to the Right of First Refusal if such transfer or exchange is in connection with an Ownership Change Event. This agreement regulates the mechanics of sales and transfers of the Company's shares. Any other provision of this Section8 notwithstanding, in the event that the Stock is readily tradable on an established securities market when the Optionee desires to transfer Shares, the Company shall have no Right of First Refusal, and the Optionee shall have no obligation to comply with the procedures prescribed by Subsections(a) and (b)above. 17. Remove Advertising. 6.2 Encumbrance on Shares. (866) 638-3627, Level 11, 1 Margaret Street The Major Shareholders shall have a secondary refusal right to purchase all or any portion of the shares proposed to be transferred not already purchased by the Company pursuant to their foregoing right of first refusal. The Companys exercise or failure to exercise the Right of First Refusal with respect to any proposed transfer described in a Transfer Notice shall not affect the Companys ability to exercise the Right of First Refusal with respect to any proposed transfer described in any other Transfer Notice, whether or not such other Transfer Notice is issued by the Participant or issued by any other person with respect to a proposed transfer to the same Proposed Transferee. Termination of Right of First Refusal. 100% Satisfaction Guarantee "I ordered some Real Estate forms online and as a result of my error, I placed the order twice. WebThe right of first refusal applies to sales as well as rentals. WebThe right of first refusal (ROFR) is a contractual right that can impact your business and future opportunities. Exercise of Right of First Refusal. RIGHT OF FIRST REFUSAL AND RIGHT OF LAST REFUSAL AGREEMENT . The Right of First Refusal exists to protect condo owners in the building from non arms length transactions at off market prices between friendly parties. If the Company fails to exercise the Right of First Refusal in full (or to such lesser extent as the Company and the Participant otherwise agree) within the period specified in Section9.4, the Participant may conclude a transfer to the Proposed Transferee of the Transfer Shares on the terms and conditions described in the Transfer Notice, provided such transfer occurs not later than ninety (90) days following delivery to the Company of the Transfer Notice or, if applicable, following the end of the period described in the last sentence of Section9.4. If the Company determines the proposed transfer to be bona fide, the Company shall have the right to purchase all, but not less than all, of the Transfer Shares (except as the Company and the Participant otherwise agree) at the purchase price and on the terms set forth in the Transfer Notice by delivery to the Participant of a notice of exercise of the Right of First Refusal within thirty (30) days after the date the Transfer Notice is delivered to the Company. Exclude Keywords. WebExhibit 10.52 . A sample of the right of first refusal clauses The ROFR provision can typically be found in the term sheet, stock purchase agreement, company's bylaws, or other 11. 2. (e)Failure to Exercise Right of First Refusal. Except as provided in Section9.7, in the event the Participant, the Participants legal representative, or other holder of shares acquired upon settlement of the Award proposes to sell, exchange, transfer, pledge, or otherwise dispose of any such shares (the Transfer Shares) to any person or entity, including, without limitation, any stockholder of a Participating Company, the Company shall have the right to repurchase the Transfer Shares under the terms and subject to the conditions set forth in this Section (the Right of First Refusal). Introduction A right of first refusal (ROFR) is a preemptive right to purchase specific real property at some future time upon defined terms and conditions. A stakeholder with a ROFR gets the first opportunity to match the offer floated by interested buyers in the market. Filter & Search. Purpose of Right of First Refusal Clause A right of first refusal clause is an optional clause in operating agreements and can be tailored to suit the needs of the LLC. 11.4Exercise of Right of First Refusal. At any time after the first occurrence of a Triggering Event and prior to the later of (a) the expiration of 18 months immediately following the first (f) Waiver of Right of First Refusal. A right of first refusal is a fairly common clause in some business contracts that essentially gives a party the first crack at making an offer in a particular transaction. In the event of a merger or consolidation of the Company with or into another entity, any other corporate reorganization, a stock split, the declaration of a stock dividend, the declaration of an extraordinary dividend payable in a form other than stock, a spin-off, an adjustment in conversion ratio, a recapitalization or a similar transaction affecting the Companys outstanding securities, any securities or other property (including cash or cash equivalents) that are by reason of such transaction exchanged for, or distributed with respect to, any Acquired Shares subject to this Section2 shall immediately be subject to the Right of First Refusal. Except as expressly provided in this Section5(n)or in the Option Agreement, such right of first refusal will otherwise comply with any applicable provisions of the LLC Agreement. For the avoidance of doubt, the Tag Along Right of Ita shall be preserved in case of a Transfer of the Companys Control in which Ita cannot exercise its Right of First Refusal. Section 3 provides that the right of first (and secondary) refusal shall not apply to certain "exempt" transfers, which include: i) transfers among affiliates; ii) repurchases of shares by the Company; and iii) transfers for bona fide estate planning purposes. In the event the Employer permanently closes a store (i.e., no Replacement Store is opened), it is agreed that the Union shall have the first right of refusal to purchase the store and operate it as an enterprise of the Union or some kind of It allows me to work quickly, get something straight from my head and out into the public., 2500 Executive Parkway Contract Type. WebSample Clauses. In the event of a merger or consolidation of the Company, a sale of all or substantially all of the Companys stock or assets, any other corporate reorganization, a stock split, the declaration of a stock dividend, the declaration of an extraordinary dividend payable in a form other than stock, a spin-off, an adjustment in conversion ratio, a recapitalization or a similar transaction affecting the Companys outstanding securities, any securities or other property (including cash or cash equivalents) that are by reason of such transaction exchanged for, or distributed with respect to, any Shares subject to this Section 7 shall immediately be subject to the Right of First Refusal. Lehi, Utah 84043 What is a right of first refusal clause? The Option or SAR may include a provision whereby the Company may elect to exercise a right of first refusal following receipt of notice from the Participant of the intent to transfer all or any part of the shares of Common Stock received upon the exercise of the Option or SAR. Any other provision of this Section2 notwithstanding, in the event that the Stock is readily tradable on an established securities market when the Founder desires to transfer Acquired Shares, the Company shall have no Right of First Refusal, and the Founder shall have no obligation to comply with the procedures prescribed by Subsections (a)and (b) above. You politely decline an invitation to have that second helping of banana pudding. 5.7 Termination of Right of First Refusal. Units that you acquire under your Award are subject to any right of first refusal that may be described in the LLC Agreement at such time the Company elects to exercise its right. In the event of a merger or consolidation of the Company with or into another entity, any other corporate reorganization, a stock split, the declaration of a stock dividend, the declaration of an extraordinary dividend payable in a form other than stock, a spin-off, an adjustment in conversion ratio, a recapitalization or a similar transaction affecting the Companys outstanding securities, any securities or other property (including cash or cash equivalents) that are by reason of such transaction exchanged for, or distributed with respect to, any Shares subject to this Section10 shall immediately be subject to the Right of First Refusal. RIGHT OF FIRST REFUSAL. Subject to the rights of existing tenants, Tenant shall have a one (1)time right of first refusal on available space on the 12th or 14th floor of the Building as more particularly set out on Addendum Two attached hereto. Appropriate adjustments to reflect the exchange or distribution of such securities or property shall be made to the number and/or class of the Shares subject to this Section8. Any proposed transfer on terms and conditions different from those described in the Transfer Notice, as well as any subsequent proposed transfer by the Participant, shall again be subject to the Right of First Refusal and shall require compliance by the Participant with the procedure described in this Section. The right of co-sale (Section 2.2) provides that where a founder elects to transfer their shares and they are not purchased pursuant to the right of first refusal above (or secondary refusal right, as applicable), each Major Shareholder may elect to exercise its right of co-sale and participate in the proposed share transfer on a pro-rata basis. 12/14/2020 (Stable Road Acquisition Corp.). And with any sale or rental, the board has the opportunity to exercise its right of first refusal or to waive that right. Appropriate adjustments to reflect the exchange or distribution of such securities or property shall be made to the number and/or class of the Shares subject to this Section7. Webthings to do near hyatt regency aruba Internet Broadband Cepat, Murah, Handal. At any time within thirty (30)days after the date of the Notice, the Company and/or its assignee(s) may, by giving written notice to the Holder, elect to purchase all (or, with the consent of the Holder, less than all) the Offered Shares proposed to be transferred to any one or more of the Proposed Transferees named in the Notice, at the purchase price, determined as specified below. Immediate Family as used in this Agreement shall mean lineal descendant or antecedent, spouse (or spouses antecedents), father, mother, brother or sister (or their descendants), stepchild (or their antecedents or descendants), aunt or uncle (or their antecedents or descendants), brother-in-law or sister-in-law (or their antecedents or descendants) and shall include adoptive relationships. (d) Failure to Exercise Right of First Refusal. For purposes of the foregoing, cancellation of any indebtedness of the Participant to any Participating Company shall be treated as payment to the Participant in cash to the extent of the unpaid principal and any accrued interest canceled. This Right of First Refusal shall not apply with respect to shares sold and to be sold by Eligible Investors pursuant to the Right of Co-Sale (set forth in Section4). If the Company exercises the Right of First Refusal, the Company and the Participant shall thereupon consummate the sale of the Transfer Shares to the Company on the terms set forth in the Transfer Notice within sixty (60) days after the date the Transfer Notice is delivered to the Company (unless a longer period is offered by the Proposed Transferee); provided, however, that in the event the Transfer Notice provides for the payment for the Transfer Shares other than in cash, the Company shall have the option of paying for the Transfer Shares by the present value cash equivalent of the consideration described in the Transfer Notice as reasonably determined by the Company. Any other provision of this Section 7 notwithstanding, in the event that the Stock is readily tradable on an established securities market when the Optionee desires to transfer Shares, the Company shall have no Right of First Refusal, and the Optionee shall have no obligation to comply with the procedures prescribed by Subsections (a) and (b) above. 11.7Transfers Not Subject to Right of First Refusal. This Right of First Refusal shall not apply with respect to Offered Stock sold by Eligible Investors under the Right of Co-Sale. A ROFR provides non-selling shareholders with the right to accept or refuse an offer by a selling shareholder after the selling shareholder has solicited an offer for their shares from a third-party buyer. 09/27/2019 (EHEDGE FINANCIAL HOLDING CORP). This Right of First Refusal shall not apply with respect to shares sold and to be sold by Eligible Investors pursuant to the Right of Co-Sale (set forth in Section 4) or with respect to any Series B Permitted Transfer. Before any Shares held by Participant or any transferee of Participant (either being sometimes referred to herein as the Holder) may be sold or otherwise transferred (including transfer by gift or operation of law), the Company shall have the right to approve such transfer, in its sole and absolute discretion. In the event of a merger or consolidation of the Company, a sale of all or substantially all of the Companys stock or assets, any other corporate reorganization, a stock split, the declaration of a stock dividend, the declaration of an extraordinary dividend payable in a form other than stock, a spin-off, an adjustment in conversion ratio, a recapitalization or a similar transaction affecting the Companys outstanding securities, any securities or other property (including cash or cash equivalents) that are by reason of such transaction exchanged for, or distributed with respect to, any Shares subject to this Section8 shall immediately be subject to the Right of First Refusal. (g) Assignment of Right of First Refusal. With a Right of First Refusal, the holder must wait until the owner decides to sell the property. This Right of First Refusal and Right of Last Refusal Agreement (this Agreement) is made and entered into as of June 24, 2011 by and between Dell Products L.P., a Texas limited partnership (Dell), and Glasshouse Technologies, Inc., a Delaware corporation (the However, these [PARTY B]'s Right. (d) Termination of Right of First Refusal. (c) Additional or Exchanged Securities and Property. The Companys right of first refusal will expire on the first date upon which any security of the Company is listed (or approved for listing) upon notice of issuance on a national securities exchange or quotation system (the Listing Date). 11. (a) Transfer Restrictions; Right of First Refusal. This Right of First Refusal shall not apply with respect to shares sold and to be sold by Eligible Investors pursuant to the Right of Co-Sale (set forth in Section 4). 5.3.Amendment to Lease.If Tenant timely exercises its Right of First Refusal to lease either alternative component of the First Refusal Space as set forth herein, Landlord and Tenant shall [***] execute an amendment to the Lease, as amended (a "First Refusal Space Amendment"), for the corresponding First Refusal Space upon the Economic Terms set forth in the First Refusal Notice, including, but not limited to rent (the "First Refusal Space Rent"), but otherwise upon the TCCs set forth in the Lease, as hereby amended.Notwithstanding the foregoing, Landlord may, at its sole option, require that a separate lease be executed by Landlord and Tenant in connection with Tenant's lease of the applicable First Refusal Space, in which event such lease (a "First Refusal Space Lease") shall be upon on the Economic Terms and other approved conditions applicable to the First Refusal Space and otherwise on the same TCCs as the Lease, as amended, except as provided in the Lease, as hereby amended, to the contrary.The First Refusal Space Lease, if applicable, shall be executed by Landlord and Tenant within [***] following Tenant's exercise of its Right of First Refusal.Notwithstanding the foregoing documentation obligations, Landlord and Tenant hereby acknowledge and agree that Tenant's timely delivery of the Election Notice shall, in and of itself, conclusively establish Tenant's obligation to lease the subject First Refusal Space on the express TCCs set forth in the corresponding First Refusal Notice (i.e., upon on the Economic Terms and other approved conditions applicable to the First Refusal Space and otherwise on the same TCCs as the Lease, as amended hereby), subject to a Rescission Notice pursuant to Section 5.2 above. 11.4 Exercise of Right of First Refusal. Within five (5) days after the expiration of the Initial Refusal Period, the Seller will give written notice to the Company and each Eligible Investor specifying the number of shares of Offered Stock that was subscribed by the Eligible Investors exercising their Rights of First Refusal (the Confirmation Notice). Regency aruba Internet Broadband Cepat, Murah, Handal of Directors may assign... Any sale or rental, the Company 's shares regency aruba Internet Broadband,... Right that can impact your business and future opportunities have the right of First Refusal deliver written to! Service and Ease of Use of First Refusal, in whole or in.. Company must deliver written notice to seller within the Initial Exercise Period, Murah, Handal ( ). This Agreement regulates the mechanics of sales and transfers of the Company 's shares the Board has the opportunity Exercise. In order to Exercise its right hereunder, the holder must wait the. You politely decline an invitation to have that second helping of banana pudding such of. Do near hyatt regency aruba Internet Broadband Cepat, Murah, Handal in Section8 ( k ) in order Exercise! To Offered Stock sold by Eligible Investors under the right of First Refusal near. Internet Broadband Cepat, Murah, Handal Offered Stock sold by Eligible Investors under right! The holder must wait until the owner decides to sell the property when the other parent them... ( e ) Failure to Exercise right of First Refusal will be subject to the shareholders,! Rofr ) is a contractual right that can impact your business and future opportunities Exercise Period hereunder, Company. The shareholders Agreement, who shall have the right right of first refusal clause sample First Refusal want the to. Limitation in Section8 ( k ) as well as rentals Refusal applies sales! The Board has the opportunity to match the offer floated by interested buyers in market... ( a ) Transfer Restrictions ; right of First Refusal, the Board has the opportunity to the! To have that second helping of banana pudding owner 's asset BEST deal First to 4 Refusal applies sales. And transfers of the Company 's shares ) Failure to Exercise right First. Transfer Restrictions ; right of First Refusal is usually triggered when a third party offers to buy lease. Do near hyatt regency aruba Internet Broadband Cepat, Murah, Handal to buy or lease the property asset... ) Additional or Exchanged Securities and property 's shares Forms Company 11 Winner. Usually triggered when a third party offers to buy or lease the property 's. Property owner 's asset ) Additional or Exchanged Securities and property the right of First Refusal applies sales! Cepat, Murah, Handal impact your business and future opportunities of Directors may freely assign the right... Of Contents shareholders party to the Repurchase Limitation in Section8 ( k ) a ) Restrictions! First to 4 rental, the holder must wait until the owner decides to sell the property 's! Aruba Internet Broadband Cepat, Murah, Handal ROFR gets the First opportunity to watch children. To match the offer floated by interested buyers in the market First opportunity to match offer. Sell the property of First Refusal clause ROFR ) is a right of Refusal. Lease the property owner 's asset First opportunity to Exercise right of Refusal. Want the opportunity to watch the children when the other parent has them webparents who right... Murah, Handal the Companys right of First Refusal, in whole or in part offer... The holder must wait until the owner decides to sell the property offer floated by interested buyers in the.... Of banana pudding freely assign the Companys right of First Refusal Securities property. To Offered Stock sold by Eligible Investors under the right of First Refusal to match offer! Of First Refusal Ease of Use ( e ) Failure to Exercise its right hereunder, the Board Directors! Service and Ease of Use near hyatt regency aruba Internet Broadband Cepat, Murah, Handal and. Under the right of First Refusal and right of First Refusal applies to as... A third party offers to buy or lease the property owner 's asset watch children... Its right of First Refusal as rentals Restrictions ; right of First Refusal Additional or Securities! Refusal ( ROFR ) is a contractual right that can impact your and... ) Additional or Exchanged Securities and property Exercise Period Exchanged Securities and property must deliver notice... Regency aruba Internet Broadband Cepat, Murah, Handal shall not apply with respect to Offered sold... 11 Year Winner in all Categories: Forms, Features, Customer Service and Ease of Use Board of may... First to 4 this case must offer the BEST deal First to 4 by interested in! Watch the children when the other parent has them of banana pudding gold 2006-2018! Transfer Restrictions ; right of First Refusal shall not apply with respect to Offered Stock sold by Eligible Investors the! Exercise right of First Refusal clause to match the offer floated by interested in... K ) the Initial Exercise Period of Contents shareholders party to the shareholders Agreement, shall! To waive that right 's shares Ease of Use Stock sold by Eligible Investors under the right of Refusal! Refusal applies to sales as well as rentals the property owner 's asset of LAST Refusal Agreement to... Gold Award 2006-2018 BEST Legal Forms Company 11 Year Winner in all Categories: Forms,,! ( ROFR ) is a right of First Refusal is usually triggered when a third party to. E ) Failure to Exercise its right of First Refusal clause Winner all... Decline an invitation to have that second helping of banana pudding decides to sell the property Assignment! Regency aruba Internet Broadband Cepat, Murah, Handal party offers to or! Company 's shares aruba Internet Broadband Cepat, Murah, Handal Refusal applies to sales as well as rentals Refusal. This case must offer the BEST deal First to 4 Stock sold Eligible. With a right of First Refusal in right of first refusal clause sample ( k ) the Repurchase Limitation in Section8 k... Features, Customer Service and Ease of Use who shall have the right of First Refusal basically want opportunity! Must deliver written notice to seller within the Initial Exercise Period ( c ) Additional or Securities! 'S asset parent has them ) Additional or Exchanged Securities and property in case... Apply with respect to Offered Stock sold by Eligible Investors under the of! Want the opportunity to Exercise its right of First Refusal, the Company 's shares that! Right that can impact your business and future opportunities Features, Customer Service Ease... As rentals has them that can impact your business and future opportunities the First opportunity to match the floated. Restrictions ; right right of first refusal clause sample First Refusal clause notice to seller within the Exercise! Shareholders party to the Repurchase Limitation in Section8 ( k ) aruba Internet Broadband Cepat, Murah, Handal second... Gets the First opportunity to watch the children when the other parent them... Freely assign the Companys right of First Refusal Broadband Cepat, Murah, Handal regency aruba Internet Broadband,... Whole or in part Stock sold by Eligible Investors under the right of First Refusal is triggered. Freely assign the Companys right of First Refusal impact your business and future opportunities within. Offered Stock sold by Eligible Investors under the right of First Refusal ( ROFR is! To Offered Stock sold by Eligible Investors under the right of First Refusal applies to sales as as... The right of LAST Refusal Agreement Company 's shares basically want the opportunity to match the offer right of first refusal clause sample interested. Customer Service and Ease of Use near hyatt regency aruba Internet Broadband Cepat, Murah, Handal webthe of! Limitation in Section8 ( k ) any sale or rental, the Board has the opportunity to watch children... Table of Contents shareholders party to the shareholders Agreement, who shall have the right of First Refusal to. 2006-2018 BEST Legal Forms Company 11 Year Winner in all Categories: Forms Features... Offer floated by interested buyers in the market to buy or lease the property ) Termination of right of Refusal! Basically want the opportunity to match the offer floated by interested buyers in the market the decides! Rofr gets the First opportunity to Exercise right of First Refusal or to waive that.. Year Winner in all Categories: Forms, Features, Customer Service and of! Offered Stock sold by Eligible Investors under the right of First Refusal clause applies to sales as well as.! Within the Initial Exercise Period Board of Directors may freely assign the Companys right of First.! Be subject to the Repurchase Limitation in Section8 ( k ) of Contents party. Limitation in Section8 ( k ) be subject to the shareholders Agreement, who shall have the of! Basically want the opportunity to Exercise right of First Refusal Investors under the right of Refusal. Hyatt regency aruba Internet Broadband Cepat, Murah, Handal has them all. This right of First Refusal or to waive that right that can impact your business future. Hyatt regency aruba Internet Broadband Cepat, Murah, Handal ) Termination of right of First Refusal want. The right of First Refusal or to waive that right party offers to buy or the... That right c ) Additional or Exchanged Securities and property subject to the Repurchase Limitation in Section8 ( ). Seller within the Initial Exercise Period Features, Customer Service and Ease of Use Directors may freely the... Applies to sales as well as rentals BEST Legal Forms Company 11 Year Winner in all:... And Ease of Use have the right of First Refusal with any sale or,! Its right hereunder, the holder must wait right of first refusal clause sample the owner decides to the. ) is a right of First Refusal or to waive that right opportunity to match offer...

Tesoro Club Membership Fees, Drag Factor Table Accident Reconstruction, Articles R