Preferential Purchase Right means any preferential, pre-emptive or first purchase right or agreement that enables any Person to purchase or acquire any Asset or any interest therein or portion thereof as a result of or in connection with the execution or delivery of this Agreement or the consummation of the Transaction, as are set out in Schedule "C";
Preferential Purchase Right means preferential purchase rights, rights of first refusal or first offer, preemptive rights, subscription rights, participation rights, purchase options, call options, warrants, share purchase agreements or any similar rights that are applicable to the sale of the Target Interests, the indirect sale, assignment or transfer of any Oil & Gas Asset or the consummation of the transactions contemplated by this Agreement and the Related Agreements.
Examples of Preferential Purchase Right in a sentence
In the event any holder of a Preferential Purchase Right thereafter exercises its Preferential Purchase Right, Buyer shall assign such affected Oil and Gas Assets to the holder of such Preferential Purchase Right, and such holder shall pay Buyer all proceeds generated from the exercise of such Preferential Purchase Right.
More Definitions of Preferential Purchase Right
Preferential Purchase Right means each preferential purchase right, right of first refusal or similar right pertaining to any Seller’s interest in any Asset that is triggered by the transactions contemplated hereby.
Preferential Purchase Right means any option, right of first refusal, or similar preferential purchase right burdening any of the Oil and Gas Interests.
Preferential Purchase Right means any option, right or first refusal or similar preferential purchase right burdening a Lease.
Preferential Purchase Right means any enforceable preferential purchase right, right of first refusal, right of first offer or similar right that is exercisable by any Person in respect of any Purchased Asset(s) in connection with the consummation of the transactions contemplated hereby.
Preferential Purchase Right shall have the meaning set forth in Section 11.4(a) “Preliminary Settlement Statement” shall have the meaning set forth in Section 3.4.