ROFR definition

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.

ROFR means right of first refusal.

ROFR has the meaning set forth in Section 3(a).

Examples of ROFR in a sentence

• Right of First Refusal i.e. ROFR will be used for permit sales or 12 transfers.

• For the avoidance of doubt, the Out-of-Field License and Option and ROFR shall not affect the Licensee’s ownership of any Improvements to the Licensed Product.

• If Shipper declines to renew the Service Agreement for the Second Renewal Term, then Shipper shall have those ROFR rights as described herein below.

• If Shipper declines to renew the Service Agreement for the First Renewal Term, the Shipper shall have those ROFR rights as described herein below.

• For the sake of clarity, the ROFR granted by Transporter to Shipper hereunder consists of the rights set forth in the General Terms and Conditions of Transporter’s Tariff in the relevant section regarding “Right of First Refusal” as the same is approved and in effect during the Term, and shall apply to Shipper notwithstanding the fact that Shipper will not pay maximum tariff rates under the Service Agreement.

More Definitions of ROFR

ROFR means a right of first refusal, pre-emptive right of purchase or similar right whereby any Third Party has the right to acquire or purchase any of the WCBU Assets as a consequence of the Parties entering into this Agreement or the Transaction.

ROFR means the right of first refusal, substantially in the form contemplated in Schedule C;

ROFR means, in relation to any Hydrocarbon Properties, an option, right of first refusal, right of first purchase, right of first offer or similar right.

ROFR has the meaning set forth in Section 8.11.

ROFR has the meaning set forth in Section 4.01.

ROFR means right of first refusal or purchase option.

ROFR means a right of first refusal, right of first offer or other pre-emptive or preferential right of purchase or similar right to acquire the Assets or certain of them that may become operative by virtue of this Agreement or the completion of the Transaction;