ROFO Option definition
Examples of ROFO Option in a sentence
If Phoenix gives such written notice within the ROFO Option Period, then it shall have thirty (30) days after it gives such notice to do all things necessary to consummate such acquisition of the Offer Shares, including entering into agreements relating to such acquisition.
If the Company gives such written notice within the ROFO Option Period then it shall have thirty (30) days after it gives such notice to do all things necessary to consummate such acquisition of the Offer Shares, including entering into agreements relating to such acquisition.
Time shall be of the essence as to the date by which Tenant must give the Option Response Notice to Landlord to exercise the ROFO Option.
Effective on and after the date of this Amendment, Tenant shall have no ROFO Option or any other like option unless expressly set forth herein.
The ROFO Option shall be exercisable by Investor by delivering written notice of the exercise thereof prior to the expiration of the Exercise Period.
If the Company gives such written notice within the ROFO Option Period then it shall have forty (40) days after it gives such notice to do all things necessary to consummate such acquisition of the Offer Shares, including entering into agreements relating to such acquisition.
A ROFO Acceptance Notice shall constitute a valid, legally binding and enforceable agreement for the sale and purchase of the Offered Shares, and the Offered Shares shall be sold by the Selling Party to the relevant ROFO Shareholders at the Limit Price when they are free and clear of any Security Interest within one (1) Business Day following the expiration of the ROFO Option Period.
Original Tenant's option to lease Offered Space under this Section 20.34 shall be referred to herein as the "ROFO Option".
Without limiting the foregoing, all references in the Lease to the exercise of the ROFO Option as it relates to the Third Amendment Additional Premises shall be deemed to refer to the addition of the Third Amendment Additional Premises to the Premises pursuant to this Third Amendment.
If Tenant exercises the ROFO Option, upon request made by Landlord, Tenant will execute, acknowledge and deliver to Landlord an amendment to this Lease confirming the ROFO Space Commencement Date, Annual Fixed Rental Rate, Monthly Fixed Rental Rate, and Additional Rent payable with respect to the ROFO Space, the incorporation of the ROFO Space into the Premises, and the modifications to this Lease resulting therefrom, as provided in subsection (d).