First Opportunity definition

First Opportunity shall have the meaning ascribed to such term in Subsection 6.6(g)(ii).

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First Opportunity means the affected Employee will be called for work first, subject to qualifications and ability as set out in Article 13.02.

First Opportunity means Tenant's right to lease the space in question as of the expiration of Landlord's lease with the then occupant of such space; space is "AVAILABLE" when the lease of such space has expired or otherwise terminated and the prior occupant of such space has physically vacated and surrendered possession of the space, provided, however, space vacated by Tenant in accordance with ARTICLE 30 hereof shall not be considered "available" until twelve (12) months have passed since the applicable Contraction Effective Date (as defined in ARTICLE 30 hereof) and such space is available at that time for lease.

Examples of First Opportunity in a sentence

• If for any reason Tenant fails to duly and timely exercise its Right of First Opportunity, Landlord shall be free to lease the RFO Space to any third party.

• Contractor agrees to offer the System the First Opportunity to provide Qualified applicants for employment consideration in Entry Level Positions, subject to any enforceable collective bargaining agreements.

• Except as amended by this Amendment, all terms and conditions of the Lease shall remain in effect and applicable to the Expansion Space including, without limitation, Tenant’s Right of First Opportunity and Right of First Refusal with respect to the remaining space on Floors 20 and 21.

• Non-Competition; Right of First Opportunity 30 9.4 Limited Partners ........................................................

• In the event Landlord does not receive notice from Tenant of Tenant's intent to lease said available space, Landlord shall have the right to lease said space to any other Tenant which Landlord chooses, and Tenant's Right of First Opportunity to lease that specific premises shall be deemed waived.

• The Tenant shall have the right to assign this First Opportunity to Lease pursuant to the permitted assignment of all rights under the Lease.

• The Tenant shall have the right to assign this First Opportunity to Lease to a permitted assignee under this Lease concurrently with the assignment by the Tenant to such assignee of all of the Tenant’s rights under this Lease.

• The period of time within which the right of first opportunity for the First Opportunity Space may be exercised shall not be extended or enlarged by reason of Tenant’s inability to exercise such rights because of the foregoing provisions.

• In the event Landlord has determined that such remaining space is not marketable, then, within three (3) business days after Tenant's receipt of such determination from Landlord, Tenant shall have the right to elect in writing to lease all of the First Opportunity Space or to cancel its prior Tenant Response.

• Landlord and Tenant further acknowledge that this Right of First Opportunity to Lease shall apply only to premises, from which existing tenants vacate or which is currently vacant.

More Definitions of First Opportunity

First Opportunity means at the time the outsourcing contract or SOW, is substantially amended, renewed or extended.

First Opportunity means the ninety (90) day period following completion of Proof of Concept Studies with respect to a Drug Candidate, during which NOVARTIS may first exercise its Development Election and accept the Drug Candidate for development under the License Agreement, in accordance with Section 4.3 of the Research Agreement.

First Opportunity means any time from the expiry of the notice period referred to in Section 3.4 and the satisfaction of all conditions of that section [***] of the execution of this Agreement;