Examples of ROFO Offer in a sentence

Any ROFO Offer Notice so delivered shall be binding upon delivery and irrevocable by the Purchaser.
In the event the Parties are unable to reach agreement during such period, the ROFO Transferor may elect by notice to such ROFO Recipient submitted at any time during the 30-day period following such negotiation period to accept or reject the ROFO Offer (it being understood that a failure of the ROFO Transferor to submit an unqualified acceptance notice within such 30-day period shall constitute a rejection of the ROFO Offer).
With regard to EXPE Stock, the ROFO Offer may either contain (x) a certain dollar value of EXPE Stock to be offered or (y) a number of shares of EXPE Stock (and the “purchase price” for purposes of Section 6.2 shall be the value of EXPE Stock as obtained from Bloomberg L.P. on the last trading day prior to the date of the ROFO Offer).
Within ten business days of the date of receipt of the ROFO Notice, each ROFO Offeree Shareholder shall deliver to the Initiating Seller and to the Company a written notice (the “ROFO Election”) stating whether the ROFO Offeree Shareholder elects to purchase a portion of the ROFO Offer Shares and, if so, the number (and, if relevant, the type) of Common Shares such Shareholder elects to purchase.
The failure by any ROFO Party to so notify the Transferor within such 30-day period shall be deemed an election by such ROFO Party not to accept such ROFO Offer.

More Definitions of ROFO Offer

ROFO Offer has the meaning set forth in Section 10.2(a).

ROFO Offer is defined in Section 5.10(a).

ROFO Offer has the meaning given to such term in Section 9.7(b).

ROFO Offer has the meaning set forth in Section 9.5(b) of this Agreement.

ROFO Offer has the meaning given in Clause 23.5.3;

ROFO Offer has the meaning set forth in Section 5.06.

ROFO Offer as defined in Section 36.2(a).