ROFO definition

ROFO means right of first offer.
ROFO has the meaning set forth in Section 4.3(c).
ROFO shall have the meaning set forth in Section 6.7 hereof.

Examples of ROFO in a sentence

  • For a period of sixty (60) Business Days (“Minority ROFO Election Period”) after receipt of the Minority ROFO Sale Notice, each Minority ROFO Holder shall have the right, but not the obligation, to purchase all (and only all) of the Minority ROFO Shares, which right may be exercised jointly with the other Minority ROFO Holder, by delivering an irrevocable written notice (the “Minority ROFO Offer”) stating that the Minority ROFO Holder(s) wish to purchase all (and only all) of the Minority ROFO Shares.

  • For the avoidance of doubt, if such Dispute Notice is not timely delivered, the original calculations of the Initiating Holder, in the case of a Company Sale, or the original calculations of the Receiving Holder, in the case of a ROFO, shall be conclusive, final and binding.

  • Any Minority ROFO Offer must include (1) the aggregate cash purchase price per Share (the “Minority ROFO Offer Price”) for such Minority ROFO Shares, which for the avoidance of doubt, shall be the same per share price for each Minority ROFO Share, and (2) the other material terms and conditions of such proposed Transfer.

  • Any Yucaipa ROFO Offer must include (1) the aggregate cash purchase price per Share (the “Yucaipa ROFO Offer Price”) for such Yucaipa ROFO Shares and Other ROFO Shares and (2) the other material terms and conditions of such proposed Transfer.

  • Notwithstanding the foregoing, solely in the case of clause (i) above, if a DA ROFO Offer is submitted in accordance with Section 9.04(c), the Drag-Along Right may only be triggered if the aggregate consideration for the Company set forth in the Drag-Along Sale Notice is greater than the DA ROFO Offer Price of such DA ROFO Offer, in each case, based on an implied equity value for 100% of the Shares of the Company.


More Definitions of ROFO

ROFO has the meaning set forth in Section 7.6(a).
ROFO means the right of first opportunity in favour of the REIT on all Opportunities and Subsequently Owned Properties;
ROFO has the meaning set forth in Section 13.12(a) of this Agreement.
ROFO has the meaning set forth in Section 9.04(a).
ROFO. As defined in Section 10(a).
ROFO is defined in Section 5.9.
ROFO has the meaning given such term in Section 2.1(a).