First Right of Refusal. If any Partner shall enter into an agreement to sell their ownership interest in the Partnership with an individual or entity that is not a current Partner, the following parties must be given a first right of refusal before such a transaction can take place:
First Right of Refusal. The Tenant shall have the right to step in the place of any buyer that provides a qualifying offer to purchase the Premises. The Tenant shall have a period of ten (10) days to accept and continue the terms of the buyer’s offer and, if accepted, shall be given ninety (90) days to close on the Premises. ☐
First Right of Refusal. 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 employee cooperative.
First Right of Refusal. If Qwest receives a valid Collocation Application (CLEC A is the requesting party) for a Qwest Wire Center in which all available space has been occupied or optioned, the following provisions for First Right of Refusal will apply:
First Right of Refusal. Current Tenant(s) will be given first option to execute a new Agreement for the following school year. Notice of Tenant’s intent must be received no later than October 1st.
First Right of Refusal. Landlord hereby grants to Tenant (VCG) a first right of refusal to purchase the property during the term and any extensions of this Lease Agreement. If Landlord shall desire to sell the Premises (subject to the terms of this Lease), and receives a bona fide offer to purchase, Landlord shall give Tenant written notice of Landlord’s intention to sell Landlord’s interest in the Premises as contained in said offer to purchase. Such notice (“Landlord’s Notice”) shall state the terms and conditions under which Landlord intends to sell its interest. For thirty (30) business days following the giving of such notice, Tenant shall have the option to purchase the Landlord’s interest at the same price and under the same terms as stated in the Landlord’s Notice. A written notice in substantially the following form, addressed to Landlord and signed by Tenant, within the period for exercising the Option, submitted with a bank cashier’s check or money order payable to the order of Landlord in the amount of $100,000.00 (the “Xxxxxxx Money”) shall be an effective exercise of Tenant’s Option, to wit: [DATE] “We hereby exercise the Option to purchase the property described in the Lease, pursuant to the Right of First Refusal contained in that certain Lease Agreement between us pertaining to said Premises under the terms of Landlord’s Notice” The closing of such Purchase shall be within sixty (60) days from the date of notice. Such exercise will not xxxxx Rent or any other Obligation in this Lease and same will continue until Closing on said Option.
First Right of Refusal. It is hereby agreed that the Lessee has the first right of refusal for the lease of an area on the Entrance Floor of the Leased Building at the time of the signing on this Contract to Xxxxx up to October 14, 2004 (hereinafter: "Area B"). It is hereby clarified that the first right of refusal will be in effect commencing upon completion of the end of the lease period with Xxxxx over Area B, or at the time of the evacuation of Area B by Xxxxx, the earlier of the two. The Lessor estimates the area of Area B to be approximately 307 sq. m. For the purpose of exercising of the above right of refusal, the Lessor will inform the Lessee in writing prior to its leasing out of Area B, that it intends to lease it out in future, together with the details of the intended lessee, the period of the lease, including commencement and termination dates, the rent, the provision of options and/or first right of refusal (hereinafter; the "Lessor's Offer"). Within 30 days of the date of receipt of the Lessor's Offer, the Lessee will have the right to inform the Lessor that it will rent Area B for the lease period stipulated in the Lessor's Offer (hereinafter: "Announcement of Receipt"). Should the Lessee not inform the Lessor of an Announcement of Receipt in writing during the above stated period, the Lessor will be entitled to enter into a lease agreement with the party stipulated in the Lessor's Offer with respect to Area B and under its conditions, by no later than 90 days from the date upon which the Lessee has had the right to deliver the Announcement of Receipt. Should the Lessor fail to enter into an agreement as stated within the above 90 days, or should the intended terms of lease be substantially different from that detailed in the Lessor's Offer, then the Lessor will not be entitled to lease Area B prior to offering it anew to the Lessee, in accordance with the provisions of this Section. In the matter of this sub-section, a substantial change will be considered to be a change of over 5% in the rent paid for it and/or during the lease period, which is the object of the Offer. The parties agree that in the event of the Lessee exercising the First Right of Refusal as stated in this section, the area of Area B will be determined in accordance with a measurement to be agreed upon by both parties, and to which 15% will be added with respect to the relative share in the common property AA29
First Right of Refusal. (i) As soon as practical after the Termination Date of the Trust, the Manager directs the Trustee to offer (by written notice to the Approved Seller) irrevocably to extinguish in favour of the Approved Seller, or if the Trustee has perfected its title, to assign to the Approved Seller, its entire right, title and interest in and to the Purchased Receivables, and related Receivable Rights (if any) in consideration of the payment to the Trustee by the Approved Seller in relation to the Trust of:
First Right of Refusal. If Lessor receives from a third party a bona fide offer to purchase the Leased Premises, before Lessor may accept such an offer, Lessor must first give written notice to Lessee of said offer. Lessee shall have thirty (30) days from the date of receipt of said offer, to provide Lessor with written acceptance of the offer, upon the same terms and conditions as set forth therein (but in addition thereto, such sale shall include all rights of Lessor in and to this Lease). If Lessee accepts said offer, closing shall take place within sixty (60) days from the date of acceptance. Lessee may elect to assign Lessee's rights to purchase the Leased Premises to the parent of the Lessee, a subsidiary of the Lessee, or other entity wholly owned by Lessee or its parent. If Lessee fails to accept said offer within the thirty (30) days provided herein, Lessor may proceed to sell to said third party in accordance with the terms of the offer. If Lessor has not consummated a sale within one hundred eighty (180) days after the expiration of Lessee's option rights hereunder, the restrictions and options herein provided shall be restored and shall continue in full force and effect, and so long as these restrictions and options remain in effect the Lessor shall not thereafter sell or transfer the Leased Premises without first giving the Lessee notice as herein provided and otherwise complying with the foregoing provisions.
First Right of Refusal. If CenturyLink receives a valid Collocation Application (CLEC A is the requesting party) for a CenturyLink Wire Center in which all available space has been occupied or optioned, the following provisions for First Right of Refusal will apply:
