Common use of Right to Bid Clause in Contracts

Right to Bid. 1. Should the Company decide or be presented with an offer to sell or otherwise transfer a controlling interest in the corporate entity which owns its assets (a Controlling Interest) or all or a portion of one or more of its facilities (Facilities) (either or both, the Assets), it will promptly advise the USW in writing and grant to the USW the right to organize a transaction to purchase the Assets (a Transaction).

Appears in 1 contract

Samples: Agreement

AutoNDA by SimpleDocs

Right to Bid. 1. Should the Company decide or be presented with an a bona fide offer to sell or otherwise transfer a controlling interest in the corporate entity which owns one or more of its assets facilities covered by this Agreement, (a Controlling Interest) or all or a portion of one or more of its facilities covered by this Agreement (Facilities) (either or both, the Assets), it will promptly advise provide the USW in writing with the earliest practicable notification concerning such transactions and grant to the USW the right to organize a transaction to purchase the Assets (a Transaction).

Appears in 1 contract

Samples: Agreement (United States Steel Corp)

Right to Bid. 1. Should the Company decide or be presented with an offer to sell or otherwise transfer a controlling interest in the corporate entity which owns its assets (a Controlling Interest) or all or a portion of one (1) or more of its facilities (Facilities) (either or both, the Assets), it will promptly advise the USW in writing and grant to the USW the right to organize a transaction to purchase the Assets (a Transaction).

Appears in 1 contract

Samples: Agreement

AutoNDA by SimpleDocs

Right to Bid. 1. Should the Company decide or be presented with an a bona fide offer to sell or otherwise transfer a controlling interest in the corporate entity which owns one or more of its assets facilities covered by this Agreement, (a Controlling Interest) or all or a portion of one or more of its facilities covered by this Agreement (Facilities) (either or both, the Assets), it will promptly advise the USW USWA in writing and grant to the USW USWA the right to organize a transaction to purchase the Assets (a Transaction).

Appears in 1 contract

Samples: Agreement

Time is Money Join Law Insider Premium to draft better contracts faster.