Fair Offer definition

Fair Offer shall have the meaning ascribed to it in Section 27(b) hereof.
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Fair Offer means an offer on the terms set out in Annex B of this Term Sheet.
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Fair Offer means an offer by any member of the Group to buy back interests in the New Term Facility, such offer to have each of the following characteristics:
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Examples of Fair Offer in a sentence

  • Tenant shall notify Landlord in the Acceptance Notice whether Tenant accepts or disputes Landlord’s Maximum Offer Determination, and if Tenant disputes Landlord’s Maximum Offer Determination, the Acceptance Notice shall set forth Tenant’s good faith determination of the Fair Offer Rental for such ROFO Space, which shall constitute the minimum that Tenant can claim as the Fair Offer Rental for such ROFO Space in any arbitration thereof (“Tenant’s Minimum Offer Determination”).

  • If such resolution shall be in favor of Tenant, then within 30 days after the final determination of Fair Offer Rental, Landlord shall refund to Tenant any overpayment.

  • In the event of any such appraisal, Tenant shall pay Landlord fixed annual rent based on Landlord’s Maximum Offer Determination for the period, if any, from the commencement date of the term of the leasing of such ROFO Space, until such appraisal has been completed, whereupon Landlord shall promptly refund to Tenant the amount, if any, by which Landlord’s Maximum Offer Determination exceeds the Fair Offer Rental determined by such appraisal.

  • If postal regulations or procedures change so as to affect the Company's cost of mailing, the prices herein will be revised to fairly reflect any increase or decrease in such costs.

  • The basic annual rent for the 6th Floor Expansion Space shall be payable at a rate equal to the Fair Offer Rental (as defined in Article 46), determined at the time and in the manner hereafter set forth.

  • In the event of any such appraisal, Tenant shall pay Landlord fixed annual rent based on Landlord’s Maximum Offer Determination for the period, if any, from the commencement date of the term of the leasing of the Twenty-Second Floor, until such appraisal has been completed, whereupon Landlord shall promptly refund to Tenant the amount, if any, by which Landlord’s Maximum Offer Determination exceeds the Fair Offer Rental determined by such appraisal.

  • Landlord's determination of the Fair Offer Rental as set forth in the Offer Notice is hereinafter referred to as "Landlord's Offer Determination".

  • Tenant shall notify Landlord in the Acceptance Notice whether Tenant accepts or disputes Landlord’s Maximum Offer Determination, and if Tenant disputes Landlord’s Maximum Offer Determination, the Acceptance Notice shall set forth Tenant’s good faith determination of the Fair Offer Rental for the Twenty-Second Floor, which shall constitute the minimum that Tenant can claim as the Fair Offer Rental for the Twenty-Second Floor in any arbitration thereof (“Tenant’s Minimum Offer Determination”).

  • If Tenant has given the Renewal Notice in accordance with Section 20.1, the parties shall endeavor to agree upon the Fair Offer Rental of the demised premises, as of the commencement date of the Renewal Term unless Landlord determines that the Fair Offer Rental is less than the basic annual rent payable during the last year of the initial Term, in which case such greater sum shall be the basic annual rent payable for the Renewal Term.

  • Any dispute as to Fair Offer Rental shall be determined as follows.