Selling Party definition

Selling Party has the meaning set forth in the definition ofNet Sales.”
Selling Party has the meaning set forth in Section 1.47.
Selling Party has the meaning set forth in Section 1.90.

Examples of Selling Party in a sentence

  • Whenever a Selling Party decides to market the Project or any portion thereof (the “Offered Property”) for sale, such Selling Party must first provide a notice (the “ROFO Notice”) to BGEC in accordance with the notice provisions of this Agreement.

  • If BGEC or a Designated Purchaser fails to exercise this right by notice to the Selling Party within the sixty (60) day period, the Selling Party may sell or convey the Offered Property to any party on any terms for a period of two (2) years from the date of the ROFO Notice.

  • The ROFO Notice shall indicate that Selling Party has decided to sell the Offered Property, offer to sell it to BGEC in accordance with the terms of Article XIII of this Agreement, and set forth in the ROFO Notice the purchase price and all other material terms of the offer to sell the Project.

  • In the event that BGEC or a Designated Party timely notifies the Selling Party that it elects to purchase the Offered Property on the terms provided in the ROFO Notice, the Selling Party and BGEC or the Designated Party shall promptly, but no later than sixty (60) days after the date of notice from the BGEC or a Designated Party to Selling Party exercising its right to purchase, execute such usual and customary documents as shall be required in order to consummate such transaction.

  • Subject to any independent legal limitations on the alienation rights of the Selling Party under applicable rules of Section 42 of the Internal Revenue Code, as amended in connection with the Low Income Housing Tax Credit program, for a period of sixty (60) days after receipt of the ROFO Notice, BGEC or a Designated Purchaser shall have the right to purchase the Offered Property in accordance with the terms of the ROFO Notice or on any other terms agreed upon in writing by the Parties .


More Definitions of Selling Party

Selling Party means Celgene and its Sublicensees (including Celgene’s Affiliates that are granted sublicenses pursuant to Section 3.3).
Selling Party means the Venturer desiring to transfer its ------------- interest in a transaction described in Subsection 6.4 hereof.
Selling Party has the meaning set forth in Section 1.139 (Net Sales).
Selling Party means a Party and its Sublicensees (including such Party’s Affiliates that are granted sublicenses pursuant to Section 10.3(c)).
Selling Party has the meaning set forth in Section 13.1(a).
Selling Party has the meaning set forth in Section 1.140 (Net Sales).
Selling Party shall have the meaning set forth in Section 1.45.