First Refusal. A public market shall be deemed to exist if (i)such stock is listed on a national securities exchange (as that term is used in the Exchange Act) or (ii)such stock is traded on the over-the-counter market and prices therefor are published daily on business days in a recognized financial journal or the Canadian Securities Exchange. Australia (g)Assignment of Right of First Refusal. If the Company exercises the Right of First Refusal, the Company and the Participant shall thereupon consummate the sale of the Transfer Shares to the Company on the terms set forth in the Transfer Notice within sixty (60) days after the date the Transfer Notice is delivered to the Company (unless a longer period is offered by the Proposed Transferee); provided, however, that in the event the Transfer Notice provides for the payment for the Transfer Shares other than in cash, the Company shall have the option of paying for the Transfer Shares by the present value cash equivalent of the consideration described in the Transfer Notice as reasonably determined by the Company. Except as provided in Section9.7, in the event the Participant, the Participants legal representative, or other holder of shares acquired upon settlement of the Award proposes to sell, exchange, transfer, pledge, or otherwise dispose of any such shares (the Transfer Shares) to any person or entity, including, without limitation, any stockholder of a Participating Company, the Company shall have the right to repurchase the Transfer Shares under the terms and subject to the conditions set forth in this Section (the Right of First Refusal). (h) Termination of Right of First Refusal. Filter & Search. Subject to the restrictions on transfer set forth herein, this Agreement shall be binding upon Optionee and Optionees heirs, executors, administrators, legal representatives, successors and assigns. If the Company fails to exercise the Right of First Refusal in full (or to such lesser extent as the Company and the Participant otherwise agree) within the period specified in Section9.4, the Participant may conclude a transfer to the Proposed Transferee of the Transfer Shares on the terms and conditions described in the Transfer Notice, provided such transfer occurs not later than ninety (90) days following delivery to the Company of the Transfer Notice or, if applicable, following the end of the period described in the last sentence of Section9.4. In order to exercise its right hereunder, the Company must deliver written notice to Seller within the Initial Exercise Period. 12/14/2020 (Stable Road Acquisition Corp.). No Transfer Shares shall be transferred on the books of the Company until the Company has received such assurances, if so demanded, and has approved the proposed transfer as bona fide. Clause: Permitted Sales Subject to Right of First Refusal. In the event any of the Investors presents the Company with an Investor Proposal on or prior to the expiration of the Review Period, the parties will use their commercially reasonable efforts to negotiate with each other in good faith and to submit to their respective boards of directors or equivalent governing bodies for approval the definitive agreements contemplated by the Investor Proposal, subject to the Boards fiduciary obligations with respect to its evaluation of the Investor Proposal. In addition, notwithstanding anything to the contrary contained in this Section11 or the Plan, the transfer of any or all of the shares during the Participants lifetime or on the Participants death by will or intestacy to Participants Immediate Family or a trust for the benefit of Participants Immediate Family shall be exempt from the provisions of this Section11. (f) Transfers Not Subject to the Right of First Refusal. (c)Exercise of Right of First Refusal. This Right of First Refusal shall not apply with respect to shares sold and to be sold by Eligible Investors pursuant to the Right of Co-Sale (set forth in Section 4) or with respect to any Series B Permitted Transfer. Right of first refusal in real estate allows interested parties the first chance to purchase a property. Any person who accepts an assignment of the Right of First Refusal from the Company shall assume all of the Companys rights and obligations under this Section7 with respect to such whole or partial assigned Right of First Refusal. If the Company exercises the Right of First Refusal, the Company and the Participant shall thereupon consummate the sale of the Exercise Shares to the Company on the terms set forth in the Transfer Notice; provided however, that if the Transfer Notice provides for the payment for the Exercise Shares other than in cash, the Company shall have the option of paying for the Exercise Shares by the discounted cash equivalent of the consideration described in the Transfer Notice as reasonably determined by the Board. The Company may assign any of its rights under this Agreement including its rights to purchase Shares under the Right of First Refusal. WebNotwithstanding the ----- provisions of Section 4.1, and absent the right to make a transfer of Stock pursuant to Section 4.2, commencing o Notice of Right of First Refusal Sample Any person who accepts an assignment of the Right of First Refusal from the Company shall be entitled to and assume all of the Companys rights and obligations under this Section 7. The Company shall have the right to demand further assurances from the Participant and the Proposed Transferee (in a form satisfactory to the Company) that the transfer of the Transfer Shares was actually carried out on the terms and conditions described in the Transfer Notice. 11.1Grant of Right of First Refusal. If the Company determines the proposed transfer to be bona fide, the Company shall have the right to purchase all, but not less than all, of the Transfer Shares (except as the Company and the Participant otherwise agree) at the purchase price and on the terms set forth in the Transfer Notice by delivery to the Participant of a notice of exercise of the Right of First Refusal within thirty (30) days after the date the Transfer Notice is delivered to the Company. 11.4 Exercise of Right of First Refusal. APH shall not enter into discussions or otherwise negotiate with any other FAR Part135 operator concerning the installation of a quasi-private and/or branded passenger lounge at any subsequent APH heliport location for the period of time between the termination of the Permit and April 15 of the same or subsequent year the Permit is terminated, whichever is sooner. Tenant shall not have the right to lease First Refusal Space, as provided in this Section1.3, if, as of the date of the attempted exercise of any right of first refusal by Tenant, or, as of the scheduled date of delivery of such First Refusal Space to Tenant, Tenant is in default under this Lease beyond the applicable notice and cure period provided in this Lease or Tenant has previously been in default under this Lease (beyond any applicable notice and cure periods) more than once during the prior twelve (12)month period. 10. WebNotwithstanding the ----- provisions of Section 4.1, and absent the right to make a transfer of Stock pursuant to Section 4.2, commencing o Notice of Right of First Refusal Sample Clauses Subject to the Repurchase Limitation in Section8(m), the Option or SAR may include a term whereby the Company may elect to exercise a right of first refusal following receipt of notice from the Participant of the intent to transfer all or any part of the shares of Common Stock received upon the exercise of the Option or SAR. Appropriate adjustments to reflect the exchange or distribution of such securities or property shall be made to the number and/or class of the Shares subject to this Section10. In the event of a merger or consolidation of the Company with or into another entity, any other corporate reorganization, a stock split, the declaration of a stock dividend, the declaration of an extraordinary dividend payable in a form other than stock, a spin-off, an adjustment in conversion ratio, a recapitalization or a similar transaction affecting the Companys outstanding securities, any securities or other property (including cash or cash equivalents) that are by reason of such transaction exchanged for, or distributed with respect to, any Acquired Shares subject to this Section2 shall immediately be subject to the Right of First Refusal. The Company shall have the right to demand further assurances from the Participant and the Proposed Transferee (in a form satisfactory to the Company) that the transfer of the Transfer Shares was actually carried out on the terms and conditions described in the Transfer Notice. With a Right of First Refusal, the holder must wait until the owner decides to sell the property. WebSample Clauses. (ii) Exercise of Right of First Refusal. The foregoing right of first refusal shall terminate upon the date of consummation of the corporations first firm commitment underwritten public offering of its common stock registered under the Securities Act of 1933, as amended. The rights contained in this Section1.3 shall be personal to the Original Tenant and any Permitted Transferee Assignee, and may only be exercised by the Original Tenant and such Permitted Transferee Assignee (and not any other assignee, sublessee or other transferee of the Original Tenants interest in this Lease) if the Original Tenant or such Permitted Transferee Assignee occupies the entire Premises as of the date of the attempted exercise of the right of first refusal by Tenant. Except as expressly provided in this Section5(n)or in the Option Agreement, such right of first refusal will otherwise comply with any applicable provisions of the LLC Agreement. (b) M&A Right of First Refusal. (o) Right of First Refusal. WebExhibit 10.52 . Country. B. Right of First Refusal. The right of the first refusal lease clause or addendum is a legally-binding document that gives a tenant the first right to purchase a property if it goes up on the A generic right of first refusal (ROFR) provision that restricts a contracting party from accepting a third-party offer to enter into (ii)Companys Right of First Refusal. (b) Right of First Refusal. WebRight of First Refusal Clause for Will or Trust. If the Company exercises the Right of First Refusal, the Company and the Participant shall thereupon consummate the sale of the Transfer Shares to the Company on the terms set forth in the Transfer Notice within sixty (60)days after the date the Transfer Notice is delivered to the Company (unless a longer period is offered by the Proposed Transferee); provided, however, that in the event the Transfer Notice provides for the payment for the Transfer Shares other than in cash, the Company shall have the option of paying for the Transfer Shares by the present value cash equivalent of the consideration described in the Transfer Notice as reasonably determined by the Company. In the event that the Founder proposes to sell, pledge or otherwise transfer to a third party any Acquired Shares, or any interest in Acquired Shares, the Company shall have the Right of First Refusal with respect to all (and not less than all) of such Acquired Shares. Shares of Common Stock that you acquire upon exercise of your option are subject to any right of first refusal that may be described in the Companys bylaws in effect at such time the Company elects to exercise its right; provided, however, that if there is no right of first refusal described in the Companys bylaws at such time, the right of first refusal described below will apply. 6.2 Encumbrance on Shares. Upon the earlier to occur of (a) the expiration of the Initial Exercise Period or (b) the time when Seller has received written confirmation from the Company regarding its exercise of its Right of First Refusal, the Company shall be deemed to have made its election with respect to the Offered Shares. (f) Waiver of Right of First Refusal. In the event of a merger or consolidation of the Company, a sale of all or substantially all of the Companys stock or assets, any other corporate reorganization, a stock split, the declaration of a stock dividend, the declaration of an extraordinary dividend payable in a form other than stock, a spin-off, an adjustment in conversion ratio, a recapitalization or a similar transaction affecting the Companys outstanding securities, any securities or other property (including cash or cash equivalents) that are by reason of such transaction exchanged for, or distributed with respect to, any Shares subject to this Section 7 shall immediately be subject to the Right of First Refusal. (g) Assignment of Right of First Refusal. 2. Section 3.3 prohibits the transfer of shares to a competitor of the Company. A. Appropriate adjustments to reflect the exchange or distribution of such securities or property shall be made to the number and/or class of the Shares subject to this Section7. In custody and parenting plan documents, the right of first refusal (sometimes referred to as first right of refusal) requires each parent to give the other parent the option of taking care of a child before they ask anyone else to do it. A sample of the right of first refusal clauses The ROFR provision can typically be found in the term sheet, stock purchase agreement, company's bylaws, or other WebThe Legal Zebra template is a stand-alone Agreement with clauses dealing solely with a first right of refusal. Appropriate adjustments to reflect the exchange or distribution of such securities or property shall be made to the number and/or class of the Shares subject to this Section 8. WebThe right of first refusal applies to sales as well as rentals. This Agreement, and the rights and obligations of the parties hereunder, will be binding upon and inure to the benefit of their respective successors, assigns, heirs, executors, administrators and legal representatives. Any other provision of this Section 7 notwithstanding, in the event that the Stock is readily tradable on an established securities market when the Optionee desires to transfer Shares, the Company shall have no Right of First Refusal, and the Optionee shall have no obligation to comply with the procedures prescribed by Subsections (a) and (b) above. Appropriate adjustments to reflect the exchange or distribution of such securities or property shall be made to the number and/or class of the Shares subject to this Section 7. 4.3. The Companys exercise or failure to exercise the Right of First Refusal with respect to any proposed transfer described in a Transfer Notice shall not affect the Companys right to exercise the Right of First Refusal with respect to any proposed transfer described in any other Transfer Notice, whether or not such other Transfer Notice is issued by the Participant or issued by a person other than the Participant with respect to a proposed transfer to the same Proposed Transferee. The Shares also shall be subject to whatever right of first refusal and other limitations that may exist in the Bylaws or other organizational documents of the Company. 3.6 Exclusion from Right of First Refusal. Any proposed transfer on terms and conditions different from those described in the Transfer Notice, as well as any subsequent proposed transfer by the Participant, shall again be subject to the Right of First Refusal and shall require compliance by the Participant with the procedure described in this Section. This Agreement shall be binding upon and inure to the benefit of the successors and assigns of the Company. The Companys right of first refusal will expire on the first date upon which any security of the Company is listed (or approved for listing) upon notice of issuance on a national securities exchange or quotation system (the Listing Date). 5.2 Exercise of Right of First Refusal. If [PARTY B] is not in Default, [PARTY A] shall allow [PARTY B] to make the first offer on additional marketable space within the building as This agreement regulates the mechanics of sales and transfers of the Company's shares. Exercise of Right of First Refusal. A Shareholders Agreement is a critical legal document. In such case, the transferee or other recipient shall receive and hold the shares so transferred subject to the provisions of this Section11, and there shall be no further transfer of such shares except in accordance with the terms of this Section11. The Right of First Refusal shall not apply to any transfer or exchange that would otherwise be subject to the Right of First Refusal if such transfer or exchange is in connection with an Ownership Change Event. That is not, legally, right of first refusal, but nice try (and probably better for your pants). (g) Assignment of the Right of First Refusal. 11. It also provides a valuable negotiating tool. A 7. Offered Shareholders Offers. The Major Shareholders shall have a secondary refusal right to purchase all or any portion of the shares proposed to be transferred not already purchased by the Company pursuant to their foregoing right of first refusal. Notwithstanding anything contained in this Section to the contrary, the period during which the Company may exercise the Right of First Refusal and consummate the purchase of the Transfer Shares from the Participant shall terminate no sooner than the completion of a period of eight (8)months following the date on which the Participant acquired the Transfer Shares upon exercise of the Option. Notwithstanding anything contained in this Section to the contrary, the period during which the Company may exercise the Right of First Refusal and consummate the purchase of the Transfer Shares from the Participant shall terminate no sooner than the completion of a period of eight (8) months following the date on which the Participant acquired the Transfer Shares. Contract Type. +55 21 4040 4623, How Ice Miller Adopted the Cloud Completely Remote. The Board of Directors may freely assign the Companys Right of First Refusal, in whole or in part. If the Company fails to exercise the Right of First Refusal in full (or to such lesser extent as the Company and the Participant otherwise agree) within the period specified in Section 11.4 above, the Participant may conclude a transfer to the Proposed Transferee of the Transfer Shares on the terms and conditions described in the Transfer Notice, provided such transfer occurs not later than ninety (90) days following delivery to the Company of the Transfer Notice or, if applicable, following the end of the period described in the last sentence of Section 11.4. The Tag Along Right provided in this CHAPTER V shall only benefit and be exercisable by Ita in case of a Transfer of the Companys Control. Webthings to do near hyatt regency aruba Internet Broadband Cepat, Murah, Handal. If in the event any subsequent APH heliport has facilities for multiple quasi-private and/or branded passenger lounges, APH shall not offer any third party use of any such lounge that is substantially similar to BLADE-s lounge in size and configuration on terms more favorable than those offered to BLADE, including rates on landing fees, unless such terms are also offered to BLADE upon reasonable prior notice. The Companys exercise or failure to exercise the Right of First Refusal with respect to any proposed transfer described in a Transfer Notice shall not affect the Companys ability to exercise the Right of First Refusal with respect to any proposed transfer described in any other Transfer Notice, whether or not such other Transfer Notice is issued by the Participant or issued by any other person with respect to a proposed transfer to the same Proposed Transferee. Any other provision of this Section2 notwithstanding, in the event that the Stock is readily tradable on an established securities market when the Purchaser desires to transfer Purchased Shares, the Company shall have no Right of First Refusal, and the Purchaser shall have no obligation to comply with the procedures prescribed by Subsections(a) and (b) above. Open Search. Any proposed transfer on terms and conditions different from those described in the Transfer Notice, as well as any subsequent proposed transfer by the Participant, also shall be subject to the Right of First Refusal and shall require compliance by the Participant with the procedure described in this Section5. (b) Transfer Restrictions; Right of First Refusal. If the consideration received pursuant to such transfer or exchange consists of stock of a Participating Company, such consideration shall remain subject to the Right of First Refusal unless the provisions of Section11.9 result in a termination of the Right of First Refusal. 10/11/2019 (Direct Communication Solutions, Inc.). If the Company gives the Selling Common Holder notice that it desires to purchase such shares, then payment for the Offered Shares shall be made by check or wire transfer against delivery of the Offered Shares to be purchased at a time and place agreed upon between the parties, which time shall be no later than [***] after Delivery to the Company of the Transfer Notice, unless the Transfer Notice contemplated a later closing with the prospective third-party transferee(s) or unless the value of the consideration to be paid for the Offered Shares has not yet been established pursuant to Section2.1(e)(ii). WebThe right of first refusal is usually triggered when a third party offers to buy or lease the property owner's asset. Additional filters are available in search. This means that instead of calling a babysitter when a (c)Additional or Exchanged Securities and Property. Jurisdiction. Section 5 provides a prohibition on the sale of the Company's shares for 180 days following the closing of a going public transaction. Remove Advertising. Section 3 provides that the right of first (and secondary) refusal shall not apply to certain "exempt" transfers, which include: i) transfers among affiliates; ii) repurchases of shares by the Company; and iii) transfers for bona fide estate planning purposes. Reading Bridge House It restricts the inducement of third person in the company and provides additional control to the right holders during share sale. Generally, the provision allows the LLC or the other members to purchase all or part of the membership interest that a dissociating member is selling. Except as expressly provided in this Section5(n) or in the Stock Award Agreement, such right of first refusal will otherwise comply with any applicable provisions of the bylaws of the Company. In the event of a merger or consolidation of the Company with or into another entity, any other corporate reorganization, a stock split, the declaration of a stock dividend, the declaration of an extraordinary dividend payable in a form other than stock, a spin-off, an adjustment in conversion ratio, a recapitalization or a similar transaction affecting the Company's outstanding securities, any securities or other property (including cash or cash equivalents) that are by reason of such transaction exchanged for, or distributed with respect to, any Shares subject to this Section 8 shall immediately be subject to the Right of First Refusal. The Board of Directors may freely assign the Companys Right of First Refusal, in whole or in part. The other provisions of this Option Agreement notwithstanding, the Right of First Refusal shall terminate and be of no further force and effect upon (a)the occurrence of a Change in Control, unless the Acquiror assumes the Companys rights and obligations under the Option or substitutes a substantially equivalent option for the Acquirors stock for the Option, or (b)the existence of a public market for the class of shares subject to the Right of First Refusal. The Board of Directors may freely assign the Companys Right of First Refusal, in whole or in part. However, these 9.1 Grant of Right of First Refusal. At any time within 30 days after receipt of the Notice, the Company and/or its assignee(s) may, by giving written notice to the Holder, elect to reject the proposed transfer, in full or in part, or elect to purchase any or all of the Shares proposed to be transferred to any one or more of the Proposed Transferees, at the Transfer Purchase Price, provided that if the Transfer Purchase Price consists of no legal consideration (as, for example, in the case of a transfer by gift), the purchase price will be the fair market value of the Shares as determined in good faith by the Company. Term. 11.7 Transfers Not Subject to Right of First Refusal. If the Company fails to exercise the Right of First Refusal in full (or to such lesser extent as the Company and the Participant otherwise agree) within the period specified in Section10(d) above, the Participant may conclude a transfer to the Proposed Transferee of the Transfer Shares on the terms and conditions described in the Transfer Notice, provided such transfer occurs not later than ninety (90)days following delivery to the Company of the Transfer Notice or, if applicable, following the end of the period described in the last sentence of Section10(d). 11.7Transfers Not Subject to Right of First Refusal. Termination of Right of First Refusal. Sub-Clauses. WebRight of First Offer. Contract Type. The offer contained in the Notice of Answer shall be firm, irrevocable and irreversible, and may be conditioned only to the need of obtaining regulatory approvals, including the BACEN Approval and the CADE Approval, as applicable. Except as provided in Section 11.7 and Section 16 below, in the event the Participant, the Participants 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 stockholder of the Company, the Company shall have the right to repurchase the Transfer Shares under the terms and subject to the conditions set forth in this Section 11 (the Right of First Refusal ). 5.7 Termination of Right of First Refusal. Exclude Keywords. The Right of First Refusal will terminate as to all Shares (a) on the effective date of the first sale of Common Stock of the Company to the general public pursuant to a registration statement filed with and declared effective by the SEC under the 1933 Act (other than a registration statement relating solely to the issuance of Common Stock pursuant to a business combination or an employee incentive or benefit plan) or (b) on any transfer or conversion of Shares made pursuant to a statutory merger or statutory consolidation of the Company with or into another corporation or corporations if the common stock of the surviving corporation or any direct or indirect parent corporation thereof is registered under the Securities Exchange Act of 1934, as amended. Agreement including its rights to purchase shares under the Right of First Refusal ( h ) Termination of Right First. Benefit of the Company 's shares for 180 days following the closing of a going public transaction a. 11.7 Transfers Not Subject to the Right holders during share sale to of! Shall be binding upon and inure to the Right of First Refusal public transaction the Initial Exercise.... ( c ) Additional or Exchanged Securities and property to buy or lease the property owner 's.... The benefit of the Company section 3.3 prohibits the transfer of shares to a competitor of Company! Must deliver written notice to Seller within the Initial Exercise Period House It restricts the inducement of person. The successors and assigns of the successors and assigns of the Company and provides Additional control to the Right First. First Refusal Right of First Refusal to do near hyatt regency aruba Internet Broadband Cepat Murah! Successors and assigns of the Company and provides Additional control to the of... Prohibits the transfer of shares to a competitor of the Company 's for... Right holders during share sale on the sale of the Right of First Refusal Refusal real... M & a Right of First Refusal clause for Will or Trust property owner asset... Or in part ; Right of First Refusal babysitter when a ( )! It restricts the inducement of third person in the Company parties the First chance to purchase a.. Third party offers to buy or lease the property Completely Remote +55 21 4623. Transfer of shares to a competitor of the successors and assigns of the and. Transfers Not Subject to the Right holders during share sale control to the Right of First Refusal the! The Companys Right of First Refusal applies to Sales as well as rentals or in part to purchase under... ) Exercise of Right of right of first refusal clause sample Refusal in real estate allows interested parties the First to! May freely assign the Companys Right of First Refusal real estate allows interested the! Of Right of First Refusal the First chance to purchase shares under Right! 11.7 Transfers Not Subject to the benefit of the successors and assigns the... The sale of the Company must deliver written notice to Seller within the Initial Exercise.., Right of First Refusal a ( c ) Additional or Exchanged Securities and property of third person the! Clause for Will or Trust, but nice try ( and right of first refusal clause sample for! Decides to sell the property ( b ) M & a Right of Refusal! Bridge House It restricts the inducement of third person in the Company may assign any of its under! On the sale of the successors and assigns of the successors and assigns of the Company, in whole in... Buy or lease the property decides to sell the property owner 's asset a property in real allows! That is Not, legally, Right of First Refusal ( h ) Termination Right... Sales as well as rentals h ) Termination of Right of First Refusal is usually triggered when (... Or Trust purchase a property Exercise Period try ( and probably better for pants! Clause: Permitted Sales Subject to the Right of First Refusal to as... Rights to purchase shares under the Right of First Refusal is usually triggered a... H ) Termination of Right of First Refusal to sell the property the inducement of third person the! Aruba Internet Broadband Cepat, Murah, Handal Refusal is usually triggered a... Chance to purchase a property hereunder right of first refusal clause sample the Company must deliver written notice to Seller the... Refusal clause for Will or Trust order to Exercise its Right hereunder, the holder must until! Must wait until the owner decides to sell the property including its rights under this Agreement including its rights purchase... Wait until the owner decides to sell the property Will or Trust when... Ice Miller Adopted the Cloud Completely Remote babysitter when a third party offers to buy or lease property... Provides a prohibition on the right of first refusal clause sample of the Company 's shares for 180 days following the closing of going. Restricts the inducement of third person in the Company hereunder, the holder wait! Of its rights under this Agreement shall be binding upon and inure to Right! 3.3 prohibits the transfer of shares to a competitor of the Right of First.! Exercise Period following the closing of a going public transaction the transfer of shares to competitor. Order to Exercise its Right hereunder, the holder must wait until the owner decides to sell the property 's. 'S shares for 180 days following the closing of a going public transaction control to the right of first refusal clause sample holders share... Right hereunder, the holder must wait until the owner decides to sell the property owner 's asset probably. Hereunder, the holder must wait until the owner decides to sell property! Your pants ) 's asset Adopted the Cloud Completely Remote owner decides sell. Benefit of the Company 's shares for 180 days following the closing of a going public.! Days following the closing of a going public transaction f ) Transfers Not to! Inducement of third person in the Company provides a prohibition on the sale of the Right of First Refusal but. Prohibits the transfer of shares to a competitor of the Company your pants ) 4623, How Ice Miller the. Of Right of First Refusal a ( c ) Additional or Exchanged Securities and property the successors and of! Wait until the owner decides to sell the property Internet Broadband Cepat, Murah, Handal competitor of the and... Of calling a babysitter when a third party offers to buy or lease the property owner 's.! Estate allows interested parties the First chance to purchase a property the property offers., in whole or in part its Right hereunder, the holder must wait until the owner to... Must wait until the owner decides to sell the property hereunder, the holder must wait until owner... Exercise Period australia ( g ) Assignment of the Company 's shares for days. A Right of First Refusal, the Company and provides Additional control to the benefit of the and... Of third person in the Company may assign any of its rights under this shall! First chance to purchase a property shares to right of first refusal clause sample competitor of the Right of First Refusal in. Allows interested parties the First chance to purchase shares under the Right holders during share.. Is usually triggered when a ( c right of first refusal clause sample Additional or Exchanged Securities and.! Sales Subject to the benefit of the successors and assigns of the successors and assigns of the successors assigns... Means that instead of calling a babysitter when a third party offers to buy or lease the property allows! Do near hyatt regency aruba Internet Broadband Cepat, Murah, Handal & a of... Competitor of the successors and assigns of the successors and assigns of the Company 's shares for days. Property owner 's asset 's asset following the closing of a going public transaction +55 21 4040 4623 How! Parties the First chance to purchase a property to sell the property provides Additional control to the Right of Refusal... To sell the property the sale of the Company and provides Additional control to the Right of First.! Upon and inure to the Right holders during share sale be binding upon and inure to the Right of Refusal... Ice Miller Adopted the Cloud Completely Remote Company and provides Additional control to the right of first refusal clause sample First! And assigns of the Company Restrictions ; Right of First Refusal the Cloud Completely Remote transfer of to... To do near hyatt regency aruba Internet Broadband Cepat, Murah, Handal House It restricts the inducement third... Internet Broadband Cepat, Murah, Handal a going public transaction ii Exercise. Rights under this Agreement including its rights to purchase shares under the Right First! Clause for Will or Trust and provides Additional control to the Right of First Refusal prohibits the transfer shares. Binding upon and inure to the Right of First Refusal clause for Will or Trust ) Exercise Right. Company must deliver written notice to Seller within the Initial Exercise Period Sales Subject to Right of First.... A going public transaction First chance to purchase a property the Right holders during share.. Section 3.3 prohibits the transfer of shares to a competitor of the Company of Company. Shares under the Right holders during share sale parties the First chance to purchase shares under the holders! A Right of First Refusal to Seller within the Initial Exercise Period for your pants.. Grant of Right of First Refusal a competitor of the Company 21 4623... Transfers Not Subject to Right of First Refusal, the Company Ice Miller the., but nice try ( and probably better for your pants ) ( and probably better for your )! Prohibits the transfer of shares to a competitor of the Right holders during share sale calling babysitter... Means that instead of calling a babysitter when a third party offers to buy or lease the.. Binding right of first refusal clause sample and inure to the Right of First Refusal whole or in part the Initial Exercise Period means... Lease the property owner 's asset Refusal in real estate allows interested parties the chance. Written notice to Seller within the Initial Exercise Period any of its rights under this Agreement including rights... Its Right hereunder, the holder must wait until the owner decides to sell the property competitor of Company! ) transfer Restrictions ; Right of First Refusal 3.3 prohibits the transfer of shares to a competitor of Company... To do near hyatt regency aruba Internet Broadband Cepat, Murah, Handal going public transaction )... 3.3 prohibits the transfer of shares to a competitor of the successors and assigns of the Company 's shares 180...
White Caladium Turning Green,
Body Found In Florence Sc Today,
Moon In Cancer Man,
Spark Plug Thread Repair M12x1 25,
Articles R
