Sample Right Of First Refusal Clause
Sample Right Of First Refusal Clause - Web right of first refusal (rofr), also known as first right of refusal, is a contractual right to match or refuse to match an offer on an asset after other offers have been made. The clause requires the grantor of the right to offer contract terms to the grantee before it can conclude a contract on the same terms with a third party. Prior to the effective date of a registration statement under the act, any shares of stock issued pursuant to exercise of this option shall be subject to the company's right of first refusal as set forth at appendix a. A tenant may agree to pay a higher rent or make other concessions in exchange for the right of first refusal. Web right of first refusal (rofr) is a contractual clause that, when applied to a business transaction, allows one party an advantage in negotiations. The company you hire it from is the only producer of the equipment, and the machinery you rent is the only one they hire out. Provided however, that this right of first refusal shal. The purchaser, the company and each of the founders shall have executed the rofr agreement. Web (a) each credit party agrees that, subject to the availability of revolving commitments, no less than 50% of receivables (by principal balance) that qualify as eligible receivables that the originator or its affiliates originates or acquires during any collection period during the revolving commitment period shall be financed through the facilit. Web jump to section.
Subject to the terms and conditions of this section 5, tenant shall have, during the lease term (including any extension terms ), a right of first refusal to lease the third (3rd) and fourth (4th) floors of the xxxxxx building (the “ first refusal space ”). Prior to the effective date of a registration statement under the act, any shares of stock issued pursuant to exercise of this option shall be subject to the company's right of first refusal as set forth at appendix a. The clause requires the grantor of the right to offer contract terms to the grantee before it can conclude a contract on the same terms with a third party. It also provides a valuable negotiating tool. November 16, 2023 by savannah minnery. A right of first refusal clause is a statement in a residential lease agreement that allows the tenant or occupant of a rental unit to make the first offer on their property in the event that the landlord chooses to sell it. Web the right of first refusal agreement grants one party the opportunity to purchase a property or asset before it is offered to others, usually on the same terms.
Web a standard clause in many shareholder agreements, including unanimous shareholder agreements (usas), which requires a shareholder who has received an offer to purchase all or any portion of its shares in a corporation from a third party to first offer those shares to the other shareholders. Web first right of refusal clause samples. Right of first refusal agreement. A tenant may agree to pay a higher rent or make other concessions in exchange for the right of first refusal. Web right of first refusal (rofr), also known as first right of refusal, is a contractual right to match or refuse to match an offer on an asset after other offers have been made.
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A standard clause that can be included in a will or trust instrument to grant a testator's or settlor's child or other individual a right of first refusal before property is sold as part of an estate or trust administration. Web first right of refusal clause samples. Provided however, that this right of first refusal shal. Right of first refusal to lease. Web company’s right of first refusal. Company’s right of first refusal.
Provided however, that this right of first refusal shal. Web (a) each credit party agrees that, subject to the availability of revolving commitments, no less than 50% of receivables (by principal balance) that qualify as eligible receivables that the originator or its affiliates originates or acquires during any collection period during the revolving commitment period shall be financed through the facilit. Right of first refusal agreement. Web right of first refusal (rofr) is a contractual clause that, when applied to a business transaction, allows one party an advantage in negotiations. The clause requires the grantor of the right to offer contract terms to the grantee before it can conclude a contract on the same terms with a third party.
Web sample 1 sample 2 sample 3 see all ( 282) right of first refusal. The clause requires the grantor of the right to offer contract terms to the grantee before it can conclude a contract on the same terms with a third party. Web the right of first refusal agreement grants one party the opportunity to purchase a property or asset before it is offered to others, usually on the same terms. Web landlord grants to tenant the right (the “first refusal right”) to lease the first refusal space, as hereinafter defined, at any time during the first three (3)years of the initial term of this lease on and subject to the following terms and conditions.
Web Right Of First Refusal (Rofr), Also Known As First Right Of Refusal, Is A Contractual Right To Match Or Refuse To Match An Offer On An Asset After Other Offers Have Been Made.
Provided however, that this right of first refusal shal. Web first right of refusal clause samples. Web a right of first refusal clause for inclusion in a commercial contract. Web the right of first refusal agreement grants one party the opportunity to purchase a property or asset before it is offered to others, usually on the same terms.
Web By Practical Law Trusts & Estates.
Web right of first refusal (rofr) is a contractual clause that, when applied to a business transaction, allows one party an advantage in negotiations. A tenant may agree to pay a higher rent or make other concessions in exchange for the right of first refusal. The company you hire it from is the only producer of the equipment, and the machinery you rent is the only one they hire out. Web (a) each credit party agrees that, subject to the availability of revolving commitments, no less than 50% of receivables (by principal balance) that qualify as eligible receivables that the originator or its affiliates originates or acquires during any collection period during the revolving commitment period shall be financed through the facilit.
Web Company’s Right Of First Refusal.
If the party with the rofr declines to enter a deal, the seller may accept alternative offers. Unless otherwise stated in the award agreement or the exercise agreement, the company reserves to itself and/or its assignee (s) a right of first refusal to purchase all shares that a participant (or a subsequent transferee or assignee) may propose to transfer to a third party (the right of first. Tenant shall have the right of first refusal to lease suites c and d of the project (suites c and d), as shown on exhibit a, under the same economic provisions and conditions that landlord is willing to accept from a. Found in morphic holding, inc.
A Right Of First Refusal Clause Is A Statement In A Residential Lease Agreement That Allows The Tenant Or Occupant Of A Rental Unit To Make The First Offer On Their Property In The Event That The Landlord Chooses To Sell It.
Prior to the effective date of a registration statement under the act, any shares of stock issued pursuant to exercise of this option shall be subject to the company's right of first refusal as set forth at appendix a. The purchaser, the company and each of the founders shall have executed the rofr agreement. What is right of first refusal? Subject to the terms and conditions of this section 5, tenant shall have, during the lease term (including any extension terms ), a right of first refusal to lease the third (3rd) and fourth (4th) floors of the xxxxxx building (the “ first refusal space ”).