Preference Right definition

Preference Right means any right or agreement that enables or may enable any Person to purchase or acquire any Asset or any interest therein or portion thereof as a result of or in connection with (a) the sale, assignment, encumbrance or other transfer of any Asset or any interest therein or portion thereof or (b) the execution or delivery of this Agreement or the consummation or performance of the terms and conditions contemplated by this Agreement.

Preference Right means any right or agreement that enables or may enable any Person to purchase or acquire any Subject Interest or any interest therein or portion thereof as a result of the conveyance, sale, assignment, mortgage or other transfer of either Production Payment or any interest therein or portion thereof.

Preference Right means any right or agreement that enables or may enable any Person to purchase or acquire any Subject Interest or any interest therein or portion thereof as a result of the conveyance, sale, assignment, mortgage or other transfer of the Production Payment or any interest therein or portion thereof.

Examples of Preference Right in a sentence

• All agreements containing a Preference Right are set forth in Schedule 3.07.

• Notary Public My commission expires: EXHIBIT A Leased Land BLM Preference Right Leases Serial No. (NMNM) Authorization Permitee/Lessee Date Issued Lands 121107A Preference Right Lease Intercontinental Potash (USA) 11/1/2014 Township 23 South, Range 34 East Sec.

• Seller shall use their commercially reasonable efforts to obtain all applicable consents and to obtain waivers of applicable Preference Rights; provided, however, Seller shall not be obligated to pay any consideration to (or incur any cost or expense for the benefit of) the holder of any Preference Right or Transfer Requirement in order to obtain the waiver thereof or compliance therewith.

• With respect to each Preference Right, (i) each holder of such Preference Right has waived such Preference Right or (ii) the time in which such Preference Right may be exercised has expired and no suit, action or other proceeding has been initiated by a third party seeking to restrain, enjoin or otherwise prohibit the consummation of the transactions contemplated hereby in connection with a claim to enforce such Preference Right.

• To Seller’s knowledge, all agreements containing a (i) Preference Right are set forth in Part I of Schedule 7.1 and (ii) Transfer Requirement are set forth in Part II of Schedule 7.1.

More Definitions of Preference Right

Preference Right means any right or agreement that enables any Person to purchase or acquire the DBJV Interest or any DBJV Asset (or any interest in or portion of any of them) as a result of or in connection with (i) the sale, assignment or other transfer of the DBJV Interest or any DBJV Asset (or any interest in or portion of any of them) or (ii) the execution or delivery of this Agreement or the consummation or performance of this Agreement or the transactions contemplated hereby.

Preference Right means any right or agreement that enables or may enable any to purchase or acquire any Asset or any interest therein or portion thereof as a result of or in connection with (a) the sale, assignment, encumbrance or other transfer of any Asset or any interest therein or portion thereof or (b) the execution or delivery of this Agreement or the consummation or performance of the terms and conditions contemplated by this Agreement.

Preference Right means a right of the Preference Holder under, pursuant to or constituted by a Preference Right Agreement.

Preference Right means the right of a contractual nature regulated in articles 408 to 417 of the Macau Civil Code.

Preference Right means any right or agreement that enables any Person to purchase or acquire the MGR Interest, any MGR Asset, the Rendezvous Interest or any properties or assets of Rendezvous (or any interest in or portion of any of them) as a result of or in connection with (i) the sale, assignment or other transfer of the MGR Interest, any MGR Asset, the Rendezvous Interest or any properties or assets of Rendezvous (or any interest in or portion of any of them) or (ii) the execution or delivery of this Agreement or the consummation or performance of this Agreement or the transactions contemplated hereby.

Preference Right means any right or agreement that enables any Person to purchase or acquire any System Asset, the Western Gas Wyoming Interest, the Fort Union Partnership Interest or any properties or assets of Fort Union Partnership (or any interest in or portion of any of them) as a result of or in connection with (i) the sale, assignment or other transfer of any System Asset, the Western Gas Wyoming Interest, the Fort Union Partnership Interest or any properties or assets of Fort Union Partnership (or any interest in or portion of either of them) or (ii) the execution or delivery of this Agreement or the consummation or performance of this Agreement or the transactions contemplated hereby. “Preliminary Settlement Statement” has the meaning set forth in Section 2.6(a). “Recipient Party Ancillary Documents” means each agreement, document, instrument or certificate to be delivered by any Recipient Party, or any Affiliate thereof, at the Closing pursuant to Section 3.3 and each other document or contract entered into by any Recipient Party, or any Affiliate thereof, in connection with this Agreement or the Closing. “Recipient Parties” has the meaning set forth in the preamble. “Recipient Party Closing Certificate” has the meaning set forth in Section 7.3(b). 8

Preference Right means the right of an upland owner to meet or exceed the amount of high bid or offer tendered by a non-upland owner for the lease or purchase of tideland or submerged land.