ROFR definition

ROFR means a right of first refusal, right of first offer or other pre-emptive or preferential right of purchase or similar right to acquire the Assets or certain of them that may become operative by virtue of this Agreement or the completion of the Transaction;

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedBook a Demo

ROFR means right of first refusal.

ROFR has the meaning set forth in Section 3(a).

Examples of ROFR in a sentence

• This ROFR is subject in all respects to compliance with FINRA Rule 5110(g).

• If the Placement Agent exercises its ROFR, it shall have the sole right to determine whether or not any other broker dealer shall have the right to participate in any such Offering.

• The Company shall notify the Placement Agent in writing if it intends to engage in a transaction covered by the ROFR, and the Placement Agent shall have five (5) days from its receipt of such written notification to exercise its ROFR, and the failure of the Placement Agent to exercise the ROFR in such period shall be deemed a waiver of its right to participate in the transaction described in the Company's written notice.

• The Placement Agent's decision to not so act for any one or more of such offerings shall not be deemed a waiver of this ROFR.

• The Alternative Financing ROFR shall be exercisable by written notice delivered within five (5) Business Days after the Investor’s receipt of such notice (or such shorter period as may be required to meet a bona fide third-party closing timeline, but in no event less than two (2) Business Days).

More Definitions of ROFR

ROFR has the meaning set forth in Section 4.01.

ROFR means the right of first refusal, substantially in the form contemplated in Schedule C;

ROFR means, in relation to any Hydrocarbon Properties, an option, right of first refusal, right of first purchase, right of first offer or similar right.

ROFR has the meaning set forth in Section 8.11.

ROFR means right of first refusal or purchase option.

ROFR shall have the meaning given to it in Section 2(a) hereof.

ROFR has the meaning set forth in Section 10.11.