Examples of Rights of First Refusal in a sentence
Releasing Shipper shall retain all Rights of First Refusal with respect to the released capacity, unless such release is a permanent release.
Draft clause 4.6 must be re-drafted to ensure that a breach of the Life Code by a distributor entails actual consequences for both the distributor and the life insurer.
Seller shall not, however, unreasonably withhold its consent to any such change, subject to Seller's Rights of First Refusal set forth in Article Tenth of this Agreement.
Individuals on Union Leave are entitled to defer any Rights of First Refusal for the duration of the leave and shall be eligible to apply for financial assistance from the Professional Development Fund, as detailed in Appendix D.
Notwithstanding the above, the Rights of First Refusal shall not apply to any transaction involving issuances of securities in connection with a merger, consolidation, acquisition or sale of assets, or in connection with any strategic partnership or joint venture (the primary purpose of which is not to raise equity capital), or in connection with the disposition or acquisition of a business, product or license by the Company or exercise of options by employees, consultants or directors.