Right of First Refusal definition
Examples of Right of First Refusal in a sentence
This Right of First Refusal shall not apply to transfers where the transferee is (i) the EIB; (ii) an Affiliate of the EIB; (iii) a promotional bank or finance agency set up by one or more member states of the European Union; or (iv) any transferee of the Loan (in parts or in total).
The Placement Agents shall notify the Company of its intention to exercise the Right of First Refusal within five (5) business days following notice in writing by the Company.
If SFI agrees to terms with the third party that are materially more favorable than those specified in the original Offer Notice, SFI must reoffer the revised terms to Supplier under this Right of First Refusal.
In accordance with FINRA Rule 5110(g)(5)(B), the Right of First Refusal granted hereunder may be terminated by the Company for “Cause,” which shall mean a material breach by the Placement Agents of this Agreement or a material failure by the Placement Agents to provide the services as contemplated by this Agreement.