Examples of First Offer in a sentence
Pursuant to such First Offer Notice, Landlord shall offer to lease to Tenant the then available First Offer Space.
Right of First Offer i.e. ROFO will be used for intra and 10 inter sector harvest share transfers.
A copy of the Offering Amendment shall be sent to Tenant within a reasonable time after Landlord’s receipt of the Notice of Exercise executed by Tenant, and Tenant shall execute and return the Offering Amendment to Landlord within 15 days thereafter, but an otherwise valid exercise of the Right of First Offer shall be fully effective whether or not the Offering Amendment is executed.
If Buyer rejects or fails to accept Seller’s First Offer within thirty (30) days of receipt of such offer, Seller shall thereafter be free to sell or otherwise transfer, and to enter into agreements to sell or otherwise transfer, any Products from the Project to any third party, so long as the material terms and conditions of such sale or transfer are not more favorable to the third party than those of the First Offer to Buyer.
The construction of improvements in the First Offer Space shall comply with the terms of Article 8 of this Lease.