First Rights of Refusal Sample Clauses

First Rights of Refusal. Battalion Chiefs shall be provided first rights of refusal for the extra shift coverage. If no Battalion Chiefs are available to back fill the extra coverage shift, the shift will be assignedto fire personnel at a lower classification in accordance with the standard protocols of the department.
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First Rights of Refusal. At any time before the Company’s entrance into a definitive agreement for the effectuation of a merger or acquisition that results in a change of control of the Company, GG, CC, Trels, LA, and ACV shall have a first right of refusal to participate in any future financing sought by the Company, on a pro rata basis, with the maximum funding amount for each future financing for each respective party being in proportion to that respective party’s total ownership percentage of the Company at that time, which shall only be triggered after a total of $50,000.00 in the aggregate in funding is obtained by the Company subsequent to the effective date of this Agreement. In order to exercise this first right of refusal, GG, CC, and Trels shall confirm such intention to participate in the applicable future funding via e-mail communication to LA, ACV, and the Company within 5 business days following receipt of notice from LA, ACV or the Company that such funding shall occur, and provide the applicable funding on a pro rata basis within 10 business days, of GG, CC, and Trels’ first receipt of the applicable e-mail communication notifying them of such financing. However, this section does not apply to any securement of financing that is contingent upon or will close following the Company’s entrance into a definitive agreement for the effectuation of a merger or acquisition that results in a change of control of the Company.
First Rights of Refusal. Landlord will not sell the Property during the term of this Lease without complying with the terms of this paragraph. Landlord agrees that if at any time during the term of this lease, as extended, Landlord receives a bona fide written offer (the "Offer") for the purchase of the Property which Landlord intends to accept, Landlord shall promptly advise tenant thereof in writing and provide Tenant with a copy of the Offer and any other information submitted by the offeror. Tenant shall have five (5) days from the receipt of such documentation within which to adivse Landlord whether Tenant is willing to purchase the Property on the terms and conditions stated in the Offer, subject to Tenant's receipt of approval from its Board. If Tenant so advises Landlord, and further advises Landlord of its board approval within ten (10) days thereafter, then Landlord shall be obligated to sell the Property to Tenant, and Tenant to purchase it from Landlord, on the terms and conditions stated in the Offer. If Tenant elects not to exercise this right of first refusal, Landlord may sell the Property to the offeror listed in the Offer, on the terms and conditions and at the time stated in the Offer, free from Tenant's right of first refusal. If the sale is not so closed with the offeror in accordance with the Offer, then Tenant's right of first refusal shall continue to be effective for the terms of this Lease, as extended.
First Rights of Refusal. Licensee agrees that in connection with the development of Products bearing the Trademarks as contemplated under this Agreement, it will offer the first right of refusal to (a) Royce Hosiery for the design and manufacture of socks, and (b) Humphrey's for the design and maxxxxxxxxx of belts and small leather goods. LS&CO. shall have no obligations or liabilities to Licensee, Royce Hosiery or Humphrey's with respect to these oxxxxx xx xny resulting negotiations.
First Rights of Refusal. Provided that Tenant is not in default of any of the terms and conditions of this Lease Agreement, Tenant shall have the First Right of Refusal to expand into the adjacent approximate 9,000 sq. ft. of space currently leased to Presidio Systems, Inc. and located at 810 X. Xxxxxx Xxxxxx, Xxxxxxxxx, Xxxxxxxxxx (xxreinafter referred to as "Expansion Space #1"), upon the following terms and conditions: Landlord agrees that in the event such Expansion Space #1 becomes vacant and thereafter is proposed to be leased to a third party (other than Presidio Systems, Inc.) that prior to executing a lease agreement with such third party for said Expansion Space #1. Landlord shall offer said Expansion Space #1 to Tenant in then "As Is" condition at the highest of the following rents: (i) the rental which Landlord proposed to lease such Expansion Space #1 to such third party, (ii) the monthly rental payable by Tenant hereunder for the remainder of the Lease Term, or (iii) the then market rent for such space. Tenant shall have five (5) calendar days after receipt of written notice from Landlord of such proposed lease to such third party in which to execute a lease for the Expansion Space #1 in accordance with such highest rent and the remaining terms and conditions of this Lease. In the event that Tenant fails to so execute such a lease after receipt of such notice from Landlord, then all rights under this paragraph shall terminate and become void. Provided that Tenant is not in default of any of the terms and conditions of this Lease Agreement, Tenant shall have the First Right of Refusal to expand into the adjacent approximate 10,500 sq. ft. of space currently leased to Computer Plus, Inc. and located at 295 Xxxxx Xxx Xxxxx, Sunnyvale, California (hereinafter referred to as 'Expansion Space #2"), upon the following terms and conditions: Landlord agrees that in the event such Expansion Space #2 becomes vacant and thereafter is proposed to be leased to a third party (other than Computer Plus, Inc.) that prior to executing a lease agreement with such third party for said Expansion Space #2. Landlord shall offer said Expansion Space #2 to Tenant in then "As Is" condition at the highest of the following rents: (i) the rental which Landlord proposed to lease such Expansion Space #2 to such third party, (ii) the monthly rental payable by Tenant hereunder for the remainder of the Lease Term. or (iii) the then market rent for such space. Tenant shall have five (5) calendar days a...
First Rights of Refusal. If for any reason the buyer decides to sell or give away the glider at any time in its lifetime I the seller MUST be contacted. I must approve the new home they are going to and the new owner will sign the same contract or you can give the glider back to me and I will find it an adequate home. If you break this contract legal action can be taken against you. I just want to ensure the best life for my joeys. If a suitable home cannot be found, the glider(s) must come back to me, the breeder. Please initial that you read terms.

Related to First Rights of Refusal

  • First Right of Refusal If any Partner shall enter into an agreement to sell their ownership interest in the Partnership with an individual or entity that is not a current Partner, the following parties must be given a first right of refusal before such a transaction can take place:

  • Right of Refusal Does the proposing vendor wish to reserve the right not to perform under the awarded agreement with a TIPS member at vendor's discretion? Yes

  • Rights of First Refusal The Company is not obligated to offer the securities offered hereunder on a right of first refusal basis or otherwise to any third parties including, but not limited to, current or former stockholders of the Company, underwriters, brokers, agents or other third parties.

  • First Refusal At any time after the first occurrence of a Triggering Event and prior to the later of (a) the expiration of 18 months immediately following the first purchase of shares of Issuer Common Stock pursuant to the Option and (b) the Option Termination Date, if Grantee shall desire to sell, assign, transfer or otherwise dispose of all or any of the Option or the shares of Issuer Common Stock or other securities acquired by it pursuant to the Option, it shall give Issuer written notice of the proposed transaction (an "OFFEROR'S NOTICE"), identifying the proposed transferee, accompanied by a copy of a binding offer to purchase the Option or such shares or other securities signed by such transferee and setting forth the terms of the proposed transaction. An Offeror's Notice shall be deemed an offer by Grantee to Issuer, which may be accepted within 20 business days of the receipt of such Offeror's Notice, on the same terms and conditions and at the same price at which Grantee is proposing to transfer the Option or such shares or other securities to such transferee. The purchase of the Option or any such shares or other securities by Issuer shall be settled within 10 business days of the date of the acceptance of the offer and the purchase price shall be paid to Grantee in immediately available funds; provided that, if prior notification to or approval of any regulatory authority is required in connection with such purchase, Issuer shall promptly file the required notice or application for approval and shall expeditiously process the same (and Grantee shall xxxxxx- ate with Issuer in the filing of any such notice or application and the obtaining of any such approval) and the period of time that otherwise would run pursuant to this sentence shall run instead from the date on which, as the case may be, (a) required notification period has expired or been terminated or (b) such approval has been obtained and, in either event, any requisite waiting period shall have passed. In the event of the failure or refusal of Issuer to purchase all of the Option or all of the shares or other securities covered by an Offeror's Notice or if any regulatory authority disapproves Issuer's proposed purchase of any portion of the Option or such shares or other securities, Grantee may, within 60 days from the date of the Offeror's Notice (subject to any necessary extension for regulatory notification, approval or waiting periods), sell all, but not less than all, of such portion of the Option or such shares or other securities to the proposed transferee at no less than the price specified and on terms no more favorable than those set forth in the Offeror's Notice. The requirements of this Section 11 shall not apply to (w) any disposition as a result of which the proposed transferee would own beneficially not more than 2% of the outstanding voting power of Issuer, (x) any disposition of Issuer Common Stock or other securities by a person to whom grantee has assigned its rights under the Option with the consent of Issuer, (y) any sale by means of a public offering registered under the Securities Act in which steps are taken to reasonably assure that no purchaser will acquire securities representing more than 2% of the outstanding voting power of Issuer or (z) any transfer to a wholly owned subsidiary of Grantee which agrees in writing to be bound by the terms hereof.

  • Fees and Rights of First Refusal The Company is not obligated to offer the securities offered hereunder on a right of first refusal basis or otherwise to any third parties including, but not limited to, current or former shareholders of the Company, underwriters, brokers, agents or other third parties.

  • Right of First Refusal to Purchase TENANT shall have the right of first refusal to purchase the demised premises as hereinafter set forth. If at any time during the term as extended, LANDLORD shall receive a bona fide offer from a third person for the purchase of the demised premises, which offer LANDLORD shall desire to accept, LANDLORD shall promptly deliver to TENANT a copy of such offer, and TENANT may, within fifteen (15) days thereafter, elect to purchase the demised premises on the same terms as those set forth in such offer, excepting that TENANT shall be credited against the purchase price to be paid by TENANT, with a sum equal to the amount of any brokerage commissions, if any, which LANDLORD shall save by a sale to TENANT. If LANDLORD shall receive an offer for the purchase of the demised premises, which is not consummated by delivering a deed to the offerer, the TENANT'S right of first refusal to purchase shall remain applicable to subsequent offers. If LANDLORD shall sell the demised premises after a failure of TENANT to exercise its right of first refusal, such shall be subject to the Lease and shall continue to be applicable to subsequent sales of the demised premises. Notwithstanding the foregoing, TENANT'S right of first refusal shall not apply or extend to any sales or transfers between LANDLORD and any affiliates in which the principals of the LANDLORD are the majority shareholders to any family trusts or to the heirs of the principals of LANDLORD. LANDLORD shall be entitled to net the same amount under any right of first refusal exercise.

  • Grant of Right of First Refusal Except as provided in Section 12.7 below, in the event the Optionee, the Optionee's legal representative, or other holder of shares acquired upon exercise of the Option proposes to sell, exchange, transfer, pledge, or otherwise dispose of any Vested Shares (the "TRANSFER SHARES") to any person or entity, including, without limitation, any shareholder of the Participating Company Group, the Company shall have the right to repurchase the Transfer Shares under the terms and subject to the conditions set forth in this Section 12 (the "RIGHT OF FIRST REFUSAL").

  • Rights of First Offer Section 5.1. Rights of First Offer 11 Section 5.2. Procedures for Rights of First Offer 11

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