ROFO Party definition

ROFO Party means, collectively or individually, as the context may require, the Tenants or other parties under the ROFO Documents.
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ROFO Party has the meaning given such term in Section 6.2(a).
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ROFO Party shall have the meaning set forth in Section 2.3.
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Examples of ROFO Party in a sentence

  • The ROFO Notice shall include any material terms, conditions and other details as would be reasonably necessary for the ROFO Party to make a responsive offer to enter into the Proposed Transaction with the Seller, which terms, conditions and details shall include any material terms, conditions or other details that the Seller would propose to provide to non-Affiliates in connection with the Proposed Transaction.

  • The ROFO Response shall set forth the terms and conditions (including, without limitation, the purchase price the ROFO Party proposes to pay for the ROFO Asset and the other material terms of the purchase) pursuant to which the ROFO Party would be willing to enter into a binding agreement for the Proposed Transaction.

  • If no ROFO Response is delivered by the ROFO Party within such 30 day period, then the ROFO Party shall be deemed to have waived its right of first offer with respect to such ROFO Asset, and the Seller shall be free to enter into a Proposed Transaction with any third party on terms and conditions determined in the sole discretion of the Seller.

  • The ROFO Party shall have 30 days following receipt of the ROFO Notice to propose an offer to enter into the Proposed Transaction with the Seller (the “ROFO Response”).

  • If the Seller and the ROFO Party are unable to agree on such terms during such 30-day period, the Seller may Transfer the ROFO Asset to any third party on terms not materially more favorable to the Seller than the last written offer proposed during negotiations with the ROFO Party pursuant to this Section 6.2(b).

  • The failure by any ROFO Party to so notify the Transferor within such 30-day period shall be deemed an election by such ROFO Party not to accept such ROFO Offer.

  • This process enhanced the quality and comparability of the results of this review through contextual applicability, acceptable internal validity, and reliability, yet it is recommended that future studies in this area should strive to adopt standardized measurement tools, enabling more accurate cross-study comparisons.

  • If the ROFO Party submits a ROFO Response, the ROFO Party and the Seller shall negotiate, in good faith, the terms of the purchase and sale of the ROFO Asset for 30 days following the Seller’s receipt of the ROFO Response.

  • Any ROFO Party may accept such ROFO Offer and acquire all but not less than all of the Offered Interest by giving written notice of the same to the Transferor within such 30-day period; provided that if more than one ROFO Party accepts such ROFO Offer then, unless such ROFO Parties otherwise agree, each ROFO Party shall acquire a pro rata portion of the Offered Interest based on the relative Participating Interests of each accepting ROFO Party.


More Definitions of ROFO Party

ROFO Party or “ROFO Parties” has the meaning set forth in Section 2(a).
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ROFO Party has the meaning given in Section 3.3(a).
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ROFO Party means (i) any Major Investor and (ii) Centerbridge for so long as it holds (x) that certain Warrant to Purchase Stock issued by the Company on or about the date hereof or (y) at least 481,823 Shares (as defined therein) issued upon exercise of the Warrant.
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ROFO Party has the meaning set forth in Section 7.9(a).
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ROFO Party means, collectively or individually, as the context may require, the Tenants or other parties under the ROFO
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Related to ROFO Party

  • Transferring Party has the meaning given such term in Section 5.2(b).

  • Proposing Party has the meaning set forth in Section 5.2.2.4(a).

  • Acquiring Party has the meaning given such term in Section 4.1.

  • Participating Party means an enterprise or public body that has committed itself to reaching certain objectives under a voluntary agreement, or is covered by a national regulatory policy instrument;

  • Terminating Party As defined in Section 7.1(f).

  • Third Party Offer has the meaning set out in Section 6.4;

  • Breaching Party has the meaning set forth in Section 12.2.

  • Third Party Purchaser has the meaning set forth in Section 3.1(a).

  • Sublicensee means a third party to whom LICENSEE grants a sublicense of certain rights granted to LICENSEE under this Agreement.

  • Notifying Party As defined in Section 3.01(i).

  • ROFR Notice has the meaning set forth in Section 3.02(d).

  • License holder means an individual, corporation, partnership, governmental unit, association or any other entity to whom a license was issued under Iowa Code chapter 137C, 137D or 137F.

  • Bankrupt Party has the meaning set forth in Section 14.7.