Common use of Negotiations with Third Parties Clause in Contracts

Negotiations with Third Parties. Neither XPLR Operating LP nor any of its representatives, agents or Affiliates (other than NEER and its Subsidiaries, which Subsidiaries shall not include any XPLR Operating LP ROFR Asset prior to the acquisition thereof by NEER or any of its Subsidiaries) shall solicit offers from, or negotiate or enter into any agreement with, any Third Party for the Sale of any XPLR Operating LP ROFR Asset (or any portion thereof) until the expiration of the Negotiation Period related to such XPLR Operating LP ROFR Asset and the applicable proposed Sale. ▇▇▇▇ agrees and acknowledges that during the Third Party Negotiation Period for any XPLR Operating LP ROFR Asset, XPLR Operating LP shall have the absolute right to solicit offers from and negotiate with any Third Party for the Sale of such XPLR Operating LP ROFR Asset (such offers from any Third Party, the “Third Party Offers”).

Appears in 2 contracts

Sources: Right of First Refusal Agreement (XPLR Infrastructure, LP), Right of First Refusal Agreement (XPLR Infrastructure, LP)

Negotiations with Third Parties. Neither XPLR NEE Operating LP nor any of its representatives, agents or Affiliates (other than NEER ▇▇▇▇ and its Subsidiaries, which Subsidiaries shall not include any XPLR NEE Operating LP ROFR Asset prior to the acquisition thereof by NEER ▇▇▇▇ or any of its Subsidiaries) shall solicit offers from, or negotiate or enter into any agreement with, any Third Party for the Sale of any XPLR NEE Operating LP ROFR Asset (or any portion thereof) until the expiration of the Negotiation Period related to such XPLR NEE Operating LP ROFR Asset and the applicable proposed Sale. ▇▇▇▇ agrees and acknowledges that during the Third Party Negotiation Period for any XPLR NEE Operating LP ROFR Asset, XPLR NEE Operating LP shall have the absolute right to solicit offers from and negotiate with any Third Party for the Sale of such XPLR NEE Operating LP ROFR Asset (such offers from any Third Party, the “Third Party Offers”).

Appears in 1 contract

Sources: Right of First Refusal Agreement (NextEra Energy Partners, LP)