RFO Notice definition

RFO Notice has the meaning set forth in Section 3.3(b).
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RFO Notice shall have the meaning as defined in Section 4(a)(ii)(1) or 4(b)(ii)(1).
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RFO Notice has the meaning set forth in Section 10.15(b)(i).
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Examples of RFO Notice in a sentence

  • If Tenant timely and properly provides an RFO Exercise Notice, Tenant shall lease the RFO Premises and the Fair Market Rental Value shall be as set forth in Landlord’s RFO Notice.

  • The RFO Premises Commencement Date shall be the later of: (x) the RFO Premises Commencement Date as set forth in Landlord’s RFO Notice, or (y) the date that Landlord delivers the RFO Premises to Tenant in the condition set forth in subparagraph (d) below.

  • Tenant shall have the right, exercisable upon written notice given to Landlord within ten (10) business days after the receipt of Landlord’s RFO Notice, to either: (i) lease the RFO Premises at the Fair Market Rental Value set forth in Landlord’s RFO Notice (“RFO Exercise Notice”), or (ii) lease the RFO Premises but provide Landlord with a counteroffer of Landlord’s designation of Fair Market Rental Value (“Tenant’s Objection Notice”).

  • Tenant shall take the RFO Premises “as-is” in its then (i.e. as of the date of delivery) state of construction, finish, and decoration, without any obligation on the part of Landlord to construct or prepare the RFO Premises for Tenant’s occupancy, unless otherwise set forth in Landlord’s RFO Notice, but broom clean and free of Hazardous Materials (or with same encapsulated in accordance with applicable Environmental Laws) in any event.

  • Notwithstanding the foregoing if the RFO Premises that were the subject of Landlord’s RFO Notice shall not be leased (which term shall include a letter of intent that results in a lease) by the date that is one (1) year after the deadline for Tenant to have given a RFO Exercise Notice or Tenant’s Objection Notice with respect to such Landlord’s RFO Notice, then Tenant’s Right of First Offer hereunder shall again apply to such RFO Premises.

  • If Tenant does not timely and properly provide either an RFO Exercise Notice or Tenant’s Objection Notice, time being of the essence, then Tenant shall have no further right to lease all or any portion of the RFO Premises that were the subject of Landlord’s RFO Notice, but shall continue to have rights other RFO Premises, if any, which have not yet been offered to Tenant pursuant to this Section 29.17.

  • In any case where Txxxxx has no right to exercise its Right of First Offer (that is, during the last twenty-four (24) months of the Term of the Lease if Tenant does not have any remaining right to exercise the Extension Option, or if the aforesaid conditions are not met), Landlord shall not be obligated to deliver Landlord’s RFO Notice (as hereinafter defined) to Tenant.

  • Landlord’s RFO Notice shall set forth the location and size of the RFO Premises, Landlord’s designation of the Fair Market Rental Value (as defined in Subparagraph (e) of Section 29.16 above, but ignoring all references to “renewal”) applicable to the RFO Premises and the RFO Premises Commencement Date.

  • Such RFO Notice shall constitute an offer by the Series C Shareholder to sell the Transfer Shares to the Existing Preferred Shareholders and the Key Shareholders on the terms of the RFO Notice.

  • Such right of first offer ("RFO") shall be implemented by Tenant giving notice (the "RFO Notice") to BMC at the address and in the manner specified below.


More Definitions of RFO Notice

RFO Notice setting forth (i) the location and square footage of space in each Individual RFO Premises that will become available, (ii) the date that such RFO Premises will become available for lease to Tenant as aforesaid, and (iii) the Base Rent and Additional Rent determined by Landlord pursuant to subsection (d)(ii) below. Tenant shall have the right, exercisable upon written notice given to Landlord within twenty (20) days after the receipt of an RFO Notice (“RFO Exercise Notice”), to lease any such RFO Premises (provided, however, that Tenant may not accept less than the entirety of the Individual RFO Premises which were the subject of the RFO Notice, provided, however, that if more than one Individual RFO Premises was the subject of the RFO Notice, Tenant may elect to accept one or more Individual RFO Premises without accepting all Individual RFO Premises). In addition, Tenant shall have the right to send Landlord a Dispute Notice with respect to Landlord’s determination of the Base Rent and Additional Rent. If Tenant timely and properly gives Landlord Tenant’s RFO Exercise Notice, then Landlord shall lease to Tenant and Tenant shall hire and take from Landlord, such RFO Premises, upon all of the same terms and conditions of the Lease except as hereinafter set forth. If Tenant does not timely and properly provide Tenant’s RFO Exercise Notice, time being of the essence, then Tenant shall have no further right to lease all or any portion of the RFO Premises which were the subject of the RFO Notice. If Tenant submits a Dispute Notice as aforesaid, the Base Rent and Additional Rent shall be determined as set forth in Section 8.3 of the Lease.
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Related to RFO Notice

  • ROFO Notice is defined in Section 6.2(a).

  • First Offer Notice shall have the meaning set forth in Section 14.4(a).

  • OJEU Notice means the contract notice published in the Official Journal of the European Union.

  • Offer Notice shall have the meaning set forth in Section 4.1.

  • CAFA Notice refers to the notice requirements imposed by 28 U.S.C. § 1715(b).

  • ROFR Notice has the meaning set forth in Section 3.02(d).

  • Penalty Notice means a written no- tification from the Director informing a respondent that the Director has made a finding of violation and, absent a request for a hearing, will impose a civil monetary penalty.

  • Pre-Notice shall have the meaning ascribed to such term in Section 4.13.

  • Response Notice is defined in Section 14.3(b)(ii).

  • Option Notice has the meaning set forth in Section 5.2(a).

  • Delivery Notice Has the meaning specified in the NPA.

  • Rejection Notice has the meaning specified in Section 2.05(b)(v).

  • Selection Notice means a notice substantially in the form set out in Part II of Schedule 3 (Requests) given in accordance with Clause 9 (Interest Periods).

  • Term SOFR Notice means a notification by the Administrative Agent to the Lenders and the Borrower of the occurrence of a Term SOFR Transition Event.

  • Cure Notice means a notice of a proposed amount to be paid on account of a Cure Claim in connection with an Executory Contract or Unexpired Lease to be assumed under the Plan pursuant to section 365 of the Bankruptcy Code, which notice shall include: (a) procedures for objecting to proposed assumptions of Executory Contracts and Unexpired Leases; (b) Cure Claims to be paid in connection therewith; and (c) procedures for resolution by the Bankruptcy Court of any related disputes.

  • Offering Notice has the meaning set forth in Section 3.1(a).

  • Election Notice has the meaning set forth in Section 11.01(b).

  • Initial Notice shall have the meaning set forth in Section 7.1.

  • FOIA notice means a decision notice, enforcement notice and/or an information notice;

  • Put Option Notice means a notice which must be delivered to a Paying Agent by any Noteholder wanting to exercise a right to redeem a Note at the option of the Noteholder;

  • Addition Notice With respect to the transfer of Subsequent Mortgage Loans to the Trust Fund pursuant to Section 2.08, a notice of the Depositor's designation of the Subsequent Mortgage Loans to be sold to the Trust Fund and the aggregate principal balance of such Subsequent Mortgage Loans as of the Subsequent Cut-off Date. The Addition Notice shall be given not later than three Business Days prior to the related Subsequent Transfer Date and shall be substantially in the form attached hereto as Exhibit P.

  • Acceptance Notice has the meaning set forth in Section 9.2(d)(iii).

  • Proposed Transfer Notice means written notice from a Key Holder setting forth the terms and conditions of a Proposed Key Holder Transfer.

  • Property Notice means any order, notice, proposal, demand or other requirement issued by any competent authority (including the Landlord) which materially affects the Academy Trust’s ability to use the Land for the purposes of the Academy. Restrictions on Land transfer

  • Transfer Notice means the notice of a proposed transfer of Shares described in Section 8.

  • Retraction Notice has the meaning set forth in Section 11.01(c).