ROFR Period Sample Clauses
The ROFR Period clause defines the specific timeframe during which a right of first refusal (ROFR) can be exercised by the holder. Typically, this period begins when the party offering the asset or interest notifies the ROFR holder of a third-party offer, and it lasts for a set number of days, such as 15 or 30 days. This clause ensures that the ROFR holder has a fair and clearly defined window to decide whether to match the offer, thereby providing certainty and preventing indefinite delays in the transaction process.
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ROFR Period. For a period (the “ROFR Period”) beginning 12 months prior to the end of the scheduled expiration of this Agreement pursuant to Section 9.01 and ending 48 months after expiration of this Agreement, Regal shall not enter into any agreement or arrangement with a third party (whether in writing or otherwise) (an “Alternative Agreement”) to receive services that were being provided by LLC to Regal at any time during the one-year period ending on expiration of this Agreement (“Designated Services”) without complying with this Section 9.03.
ROFR Period. For a period (the “ROFR Period”) beginning 12 months prior to the end of the scheduled expiration of this Agreement pursuant to Section 9.01 and ending 48 months after expiration of this Agreement, Cinemark shall not enter into any agreement or arrangement with a third party (whether in writing or otherwise) (an “Alternative Agreement”) to receive services that were being provided by LLC to Cinemark at any time during the one-year period ending on expiration of this Agreement (“Designated Services”) without complying with this Section 9.03.
ROFR Period. The ROFR may be exercised by the Stockholders, upon the terms and conditions set forth in this Section 11.2, at any time during the period (herein referred to as the "ROFR Period") commencing after the Closing Date and continuing for so long as Mr. ▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇ an employee of SAG, Sub, the Company or any of their Affiliates or Associates.