Refusal Right Sample Clauses

A Refusal Right clause grants a party the authority to reject or decline certain actions, offers, or proposals within an agreement. Typically, this right may apply to situations such as the sale of shares, assignment of contractual rights, or approval of subcontractors, where one party must seek consent before proceeding. By establishing a clear mechanism for refusal, this clause helps protect the interests of the party holding the right and ensures that significant decisions cannot be made unilaterally, thereby reducing the risk of unwanted changes or obligations.
Refusal Right. Within 30 days after the receipt of the Sale Notice, the Licensor may elect to purchase all, but not less than all, of the interest or assets proposed to be transferred to the prospective buyer for the same price (which the Licensor may pay in cash) and on the other terms contained in the Sale Notice by delivering written notice (the “First Refusal Notice”) of such election to the prospective seller. During such 30 day period, the seller(s) shall provide the Licensor with access to its (and/or to the Person(s) whose interests or assets are proposed to be sold’s) books and records, facilities, tax returns, employees and other aspects of its business, and shall cooperate and provide to the Licensor such information as the Licensor may reasonably request, such that the Licensor may conduct a due diligence investigation of the Person whose interests or assets are proposed to be transferred. If the Licensor does not deliver a timely First Refusal Notice, it shall be deemed to have waived all of its rights to purchase such interest or assets prior to the proposed sale to the prospective buyer, and the prospective seller shall thereafter be free to sell the interests or assets to the proposed buyer at a price no less than the price set forth in the Sale Notice, and on other principal terms not substantially more favorable to the prospective buyer than those set forth in the Sale Notice, without any further obligation to the Licensor pursuant to this Article VIII. If, prior to consummation, the terms of the proposed sale change with the result that the purchase price is less than the price set forth in the Sale Notice or the other principal terms are substantially more favorable to the Prospective Buyer than those set forth in the Sale Notice, the prospective seller must furnish a separate Sale Notice, and the terms of this Article VIII must be separately complied with, in order to consummate such proposed sale.
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Refusal Right. The Services may involve one of several disciplines, including but not limited to basic obedience, advanced obedience, behavior modifications, service dog training, Canine Good Citizen (CGC) Certification, etc. Client recognizes that some dogs are unable to perform certain types of work or the canine’s behavior is ingrained too deeply change. ▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ LTD shall have the right, at its sole discretion, to refuse to provide Services to a dog which is not healthy, is aggressive, or does not seem suitable to the Services provided.
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Refusal Right. Prior to December 31, 1999, Landlord will not lease any space in the Building other than to Tenant. "
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Refusal Right. Subject to Paragraph G below, Agency shall have a right of first refusal to purchase the Project and the Property for a period of twelve (12) months commencing on the date, which is 12 months after the end of the 15-year low-income housing tax credit compliance period. This right shall be exercisable in accordance with the requirements of Internal Revenue Code Section 42(i)(7)(A) and any successor provision, together with any regulations promulgated pursuant thereto.
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Refusal Right. While we will make reasonable efforts to process all orders, we reserve the right to refuse to process an order at any time, at our sole and exclusive discretion even after having sent to you an order confirmation. We will not be liable to you or any other third party by reason of our withdrawing any product from the Website, whether it has been sold or not, removing or editing any materials or contents on the Website or for refusing to process or accept an order after we have sent you the Order Confirmation.
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Refusal Right. Provided and on the condition that Tenant is not then in default and no event of default has occurred under this Lease, Tenant shall have a right of refusal (the "Refusal Right"), subject to and upon the terms and conditions set forth below, with respect to that certain space in the Building and designated on Exhibit "A-1" attached hereto and by reference made a part ------------- hereof (the "Refusal Space"). Prior to entering into a lease with any other party of any of the Refusal Space, Landlord shall notify Tenant that it intends to enter into such lease (a "Refusal Notice"). Tenant shall have the right to exercise its Refusal Right to add the space identified in the Refusal Notice to the Demised Premises (with such space subject to all the terms and conditions of this Lease, except as herein expressly provided), by giving notice thereof to Landlord within ten (10) business days after the date Tenant receives the Refusal Notice. If Tenant does not so exercise its Refusal Right within such ten (10) business day period, Landlord shall have the right to lease the Refusal Space identified in the Refusal Notice free and clear of any further rights of Tenant under this Special Stipulation 2. In the event Tenant exercises its Refusal Right with respect to any Refusal Space, Landlord and Tenant shall proceed with diligence and continuity to prepare such Refusal Space for Tenant's occupancy in accordance with the provisions of this Lease applicable to the initial construction of the Demised Premises. In the event Tenant exercises a Refusal Right, as of the date (the "Commencement Date for the applicable Refusal Space") which is the earlier to occur of (i) the date upon which Tenant occupies such Refusal Space for the conduct of Tenant's business (for purposes hereof, Tenant shall not be deemed to be occupying such Refusal Space for the conduct of its business merely by moving furniture and equipment into such Refusal Space), or (ii) the date seven (7) days after the date upon which Landlord tenders such Refusal Space to Tenant after Substantial Completion of construction of such Refusal Space (as defined in Exhibit "D" attached to this Lease). Effective as of the Commencement Date ----------- for the applicable Refusal Space, the Base Rental and other charges payable hereunder shall be increased based upon the number of square feet of Rentable Floor Area added to the Demised Premises. During the course of construction of the improvements in such Refusal Space t...
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Refusal Right. 38.01 Provided Tenant shall not be in default of any terms or conditions of this lease (which continues after the expiration of any applicable grace period after the giving of notice, it any, required hereunder) on the date the Acceptance Notice (as such term is hereinafter defined) is given, Tenant shall have the right of first refusal (hereinafter called the "Refusal Right") with respect to the leasing of any remaining and unlet space on the third (3rd) floor of the Building or in the space occupied by Barb▇▇▇ ▇▇▇▇▇▇ ▇▇ the mezzanine (2nd) floor of the Building (hereinafter called the "Additional Location") subject, however, to any similar rights granted to any other tenants of the Building prior to the date hereof. The Refusal Right shall be exercisable in accordance with, and shall be subject to and governed by, the terms, covenants and conditions contained in this Article 38. In the event that Landlord shall receive a bona fide third party offer (which need not be a lease, but which must be binding upon the parties thereto) (hereinafter called a "Third Party Offer") to lease the Additional Location or any portion thereof, which Third Party offer Landlord desires to accept, Landlord shall send written notice (hereinafter called the "Offer Notice") to Tenant to such effect. The Offer Notice shall specify the material terms and conditions of the Third Party offer including, without limitation, the rent payable thereunder, a description of the Additional Location, the term of the proposed letting (the "Additional Location Term") , and the commencement date of the Additional Location Term (the "Additional Location Term Commencement Date") Following its receipt of the Offer Notice, Tenant may exercise its Refusal Right with respect to the portion of the Additional Location described in the Offer Notice, if at all, upon, and subject to, the following terms and conditions:
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Refusal Right. Subject to the conditions set forth in this Exhibit, and provided Tenant is not in default under this lease either at the time Tenant exercises the Refusal Right or at the time the Refusal Space is delivered to Tenant, Landlord hereby grants to Tenant a right of first refusal on all space in the building excluding the rights of existing tenants and renewals of existing tenants.
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Related to Refusal Right

  • First Refusal Rights The Company may elect to purchase all (but -------------------- not less than all) of the shares of Executive Stock to be transferred upon the same terms and conditions as those set forth in the Sale Notice by delivering a written notice of such election to Executive and the Investors within 10 days after the Sale Notice has been delivered to the Company. If the Company has not elected to purchase all of the Executive Stock to be transferred, the Investors may elect to purchase all (but not less than all) of the Executive Stock to be transferred upon the same terms and conditions as those set forth in the Sale Notice by delivering written notice of such election to Executive within 10 days after the Sale Notice has been given to the Investors. If more than one Investor elects to purchase the Executive Stock, the shares of Executive Stock to be sold shall be allocated among the Investors pro rata according to the number of shares of Common Stock owned by each Investor on a fully-diluted basis. If neither the Company nor the Investors elect to purchase all of the shares of Executive Stock specified in the Sale Notice, Executive may transfer the shares of Executive Stock specified in the Sale Notice at a price and on terms no more favorable to the transferee(s) thereof than specified in the Sale Notice during the 60-day period immediately following the Authorization Date. Any shares of Executive Stock not transferred within such 60-day period shall be subject to the provisions of this paragraph 4(c) upon subsequent transfer. If the Company or any of the Investors have elected to purchase shares of Executive Stock hereunder, the transfer of such shares shall be consummated as soon as practical after the delivery of the election notice(s) to Executive, but in any event within 15 days after the expiration of the Election Period. The Company may pay the purchase price for such shares by offsetting amounts outstanding under the Executive Note issued to the Company hereunder and any other bona fide debts owed by Executive to the Company.

  • Right of Refusal Vendor has the right not to sell to a TIPS Member under the awarded agreement at Vendor’s discretion unless otherwise required by law.

  • 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:

  • Refusal to Transfer The Company shall not be required (i) to transfer on its books any Shares that have been sold or otherwise transferred in violation of any of the provisions of this Agreement or (ii) to treat as owner of such Shares or to accord the right to vote or pay dividends to any purchaser or other transferee to whom such Shares shall have been so transferred.

  • Refusal to Test 17.1. If a Worker refuses to participate in workplace Drug and Alcohol testing the following will apply: (a) The Employer, will inform the Worker and the workers chosen representative, that the refusal will have the same consequences as a non-negative result, i.e. that the employee will be deemed to be unfit for work due to the presence of alcohol or drugs; (b) If the worker still refuses, the Employer and the PIA, shall consult with the worker and the workers chosen representative, regarding the requirements, process and consequences of refusing to test and encourage them to partake in the test. This would be the second request to be tested; (c) If the worker still refuses, the refusal will be treated as a confirmed positive result, and will be subjected to the relevant consequences of such. All reasonable assistance is to be offered to ensure the employee can make their way from the workplace to a safe location without harm (i.e. taxi, lift from a friend or fellow worker). An agreed leave of absence arrangement is to apply for the duration of their absence.