Prime ROFO Release definition

Prime ROFO Release means a release of (i) all or any of the Prime ROFO Release Properties, (ii) at the applicable Release Price, (iii) in connection with a sale of such Prime
Sample 1
Prime ROFO Release means a release of (i) all or any of the Prime ROFO Release Properties, (ii) at the applicable Release Price, (iii) in connection with a sale of such Prime ROFO Release Properties to Ashford Hospitality Prime Limited Partnership or its Affiliates and (iv) in accordance with Section 2.9 hereof, Section 2.9 of each Other Mezzanine Loan Agreement and Section 2.9 of the Mortgage Loan Agreement, it being acknowledged and agreed that Borrower’s, each Other Mezzanine Borrower’s and Mortgage Borrower’s right to a Prime ROFO Release is exercisable from time to time and at any time during the term of the Loan.
Sample 1

Examples of Prime ROFO Release in a sentence

  • ROFO Release Properties to Ashford Hospitality Prime Limited Partnership or its Affiliates and (iv) in accordance with Section 2.9 hereof and Section 2.9 of the Mortgage Loan Agreement, the Mezzanine A Loan Agreement and the Mezzanine B Loan Agreement, it being acknowledged and agreed that Borrower’s, Mezzanine A Borrower’s, Mezzanine B Borrower’s and Mortgage Borrower’s right to a Prime ROFO Release is exercisable from time to time and at any time during the term of the Loan.

Related to Prime ROFO Release

  • SHIPPING RELEASE means the document issued by the inspector or the inspection agency nominated by the Purchaser authorising the Contractor to ship the Stores on satisfactory completion of inspection.

  • Work release means a program of partial confinement

  • Pre-Release shall have the meaning set forth in Section 2.09.

  • Collateral Release Period means each period commencing with the occurrence of a Collateral Release Event and continuing until the occurrence of the next Collateral Reinstatement Event, if any, immediately following such Collateral Release Event.

  • General Release has the meaning stated in Section 6.03.

  • Current Release means the latest version of the Software offered for general commercial distribution at a given point in time, including all New Releases.

  • New Release means new releases, updates or versions of the Software made generally available by SAP through unrestricted shipment pursuant to SAP Support after the Effective Date of the Agreement.

  • Conditional release means a revocable modification of a

  • Release of Claims means the Release of Claims in substantially the same form attached hereto as Exhibit A (as the same may be revised from time to time by the Company upon the advice of counsel).

  • Estoppel Letter A document executed by the Cooperative Corporation certifying, with respect to a Cooperative Unit, (i) the appurtenant Proprietary Lease will be in full force and effect as of the date of issuance thereof, (ii) the related stock certificate was registered in the Mortgagor's name and the Cooperative Corporation has not been notified of any lien upon, pledge of, levy of execution on or disposition of such stock certificate, and (iii) the Mortgagor is not in default under the appurtenant Proprietary Lease and all charges due the Cooperative Corporation have been paid.

  • Commencement Notice means a written notice, given by any Secured Party to the other Secured Parties in accordance with the notice provisions set forth in the Securities Purchase Agreement, pursuant to which such Secured Party notifies the other Secured Parties of the existence of one or more Events of Default and of such Secured Party’s intent to commence the exercise of one or more of the remedies provided for under this Agreement with respect to all or any portion of the Collateral as a consequence thereof, which notice shall incorporate a reasonably detailed description of each Event of Default then existing and of the remedial action proposed to be taken.

  • Release Notice has the meaning specified in Section 11.19(b).

  • Threat of Release means a substantial likelihood of a Release that requires action to prevent or mitigate damage to the Environment that may result from such Release.

  • Deed of Release has the meaning set out in the Restructuring Implementation Deed;

  • Release Deadline means the deadline prescribed by Employer for the execution of the general release described in this paragraph (d)(2) of Section 7, which deadline shall in no event be later than 60 days following the date Executive’s employment terminates;

  • Collateral Release Date shall have the meaning provided in Section 10.15(d).

  • Major Release means a major update or upgrade to the Software, which includes significant enhancements and/or a major redesign of the Software, identified by Bosch by a change to the first digit in the release number (e.g. change from version 2.0 to 3.0).

  • Consent Notice has the meaning set forth in Section 4.6(a).

  • SNDA means a Supplemental New Drug Application, as defined in the FDCA and applicable regulations promulgated thereunder.

  • Threatened Release means a substantial likelihood of a Release which requires action to prevent or mitigate damage to the soil, surface waters, groundwaters, land, stream sediments, surface or subsurface strata, ambient air or any other environmental medium comprising or surrounding any Property which may result from such Release.

  • Release Agreement means an agreement, substantially in a form approved by the Company, pursuant to which Executive releases all current or future claims, known or unknown, arising on or before the date of the release against the Company, its subsidiaries and its officers.

  • ROFR means a right of first refusal to purchase or a right of first offer to purchase one or more of the Mortgaged Properties pursuant to a recorded instrument (or a memorandum thereof) encumbering the applicable Mortgaged Property.

  • Earned release means earned release from confinement as

  • Release Period means the period specified in paragraph 3(d) of the letter of consent.

  • Renewal Option has the meaning set forth in §12.1.

  • Waiver and Release means the Waiver and Release attached hereto as Exhibit A.