Refusal Right Sample Clauses

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.
AutoNDA by SimpleDocs
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 Barbxxx Xxxxxx xx 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:
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. XXX XXXXXXXX XXXXXX XXXXXXXX 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.
Refusal Right. (a) So long as no Event of Default then exists (unless, solely for the purposes of this paragraph 32, such Event of Default is waived in writing by Landlord, Landlord having no obligation to do so) at any time during the Term, but subject to the termination as set forth below, in the event Landlord, in its sole discretion, determines to offer the Premises for sale to one or more third parties, Tenant shall have the right to purchase the Premises upon the terms and conditions set forth in this paragraph 32. Landlord shall not sell the Premises without first complying with this paragraph 32; provided that Tenant shall have absolutely no right to force or otherwise cause Landlord to offer the Premises for sale.
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.
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.
Refusal Right. If any Securityholder (the “Transferor”) desires to Transfer any Securities, other than pursuant to an Exempt Transfer, such Transferor shall deliver a notice (the “Offer Notice”) to the Fund and each Co-Investor (each a “Purchaser” and, together, the “Purchasers”), and the Company. The Offer Notice shall disclose in detail the identity of the proposed transferee(s) (including all parties holding interests (directly or indirectly) in such proposed transferee of which they are aware), the proposed number, amount and type of Securities to be Transferred, and the material proposed terms with respect to price (and confirmation that such price is to be paid all in cash) and shall include a complete and accurate copy of the written offer or proposal to purchase Securities received by the Transferor.
AutoNDA by SimpleDocs
Refusal Right. (a) If Landlord has offered the Leased Premises for sale to any third party, and Landlord has received a bona-fide written offer provided on an arms-length basis from a third-party unrelated to and affiliated with Landlord which Landlord is willing to accept (as applicable, the "BFP Offer") for either, then Landlord shall offer to sell the Leased Premises to Tenant for the specific purchase price (the "Refusal Purchase Price") and, upon such terms and conditions as are contained in the BFP Offer, indicating in such BFP Offer the party offering to purchase the Leased Premises. This right of Tenant shall be no longer of any force or effect if Tenant, once offered, declines or fails to purchase the Leased Premises unless Landlord does not consummate the sale of the Leased Premises within nine (9) months of the date of the BFP Offer in question.
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.
Refusal Right. Prior to December 31, 1999, Landlord will not lease any space in the Building other than to Tenant. "
Time is Money Join Law Insider Premium to draft better contracts faster.