The company you hire it from is the only producer of the equipment, and the machinery you rent is the only one they hire out. Web by practical law trusts & estates. Web by practical law commercial transactions. Found in morphic holding, inc. Web first right of refusal clause samples.

Effective at any time after january1, 2014, upon twelve (12) months prior written notice to tenant, landlord may terminate this lease should landlord decide that it will redevelop the building of which the premises are a part. Provided however, that this right of first refusal shal. Web the right of first refusal (section 2.1) provides that where a shareholder proposes to transfer shares of the company, the company shall have a right of first refusal to purchase all or any portion of such shares that such shareholder may propose to transfer at the same price and on the same terms and conditions as those offered to the. Web landlord grants to tenant the right (the “first refusal right”) to lease the first refusal space, as hereinafter defined, at any time during the first three (3)years of the initial term of this lease on and subject to the following terms and conditions.

Web first right of refusal. Web (a) the company hereby grants to each purchaser the right of first refusal to purchase, at the same per share price and on the same terms and conditions, such purchaser 's pro rata share of new securities as the company may, from time to time, sell or issue after the date of this agreement; The clause requires the grantor of the right to offer contract terms to the grantee before it can conclude a contract on the same terms with a third party.

November 16, 2023 by savannah minnery. Web a right of first refusal clause for inclusion in a commercial contract. Web first right of refusal. Tenant shall have the right of first refusal to lease suites c and d of the project (suites c and d), as shown on exhibit a, under the same economic provisions and conditions that landlord is willing to accept from a. Web the right of first refusal creates an incentive for a tenant to take better care of an owner’s property in the hope of future ownership.

Right of first refusal agreement. Web landlord grants to tenant the right (the “first refusal right”) to lease the first refusal space, as hereinafter defined, at any time during the first three (3)years of the initial term of this lease on and subject to the following terms and conditions. Web (a) each credit party agrees that, subject to the availability of revolving commitments, no less than 50% of receivables (by principal balance) that qualify as eligible receivables that the originator or its affiliates originates or acquires during any collection period during the revolving commitment period shall be financed through the facilit.

Right Of First Refusal Agreement.

Right of first refusal agreement. Web by practical law trusts & estates. Unless otherwise stated in the award agreement or the exercise agreement, the company reserves to itself and/or its assignee (s) a right of first refusal to purchase all shares that a participant (or a subsequent transferee or assignee) may propose to transfer to a third party (the right of first. Tenant shall have the right of first refusal to lease suites c and d of the project (suites c and d), as shown on exhibit a, under the same economic provisions and conditions that landlord is willing to accept from a.

Web First Right Of Refusal.

Web the right of first refusal creates an incentive for a tenant to take better care of an owner’s property in the hope of future ownership. The purchaser, the company and each of the founders shall have executed the rofr agreement. It also provides a valuable negotiating tool. Web right of first refusal (rofr), also known as first right of refusal, is a contractual right to match or refuse to match an offer on an asset after other offers have been made.

A Tenant May Agree To Pay A Higher Rent Or Make Other Concessions In Exchange For The Right Of First Refusal.

November 16, 2023 by savannah minnery. Web landlord grants to tenant the right (the “first refusal right”) to lease the first refusal space, as hereinafter defined, at any time during the first three (3)years of the initial term of this lease on and subject to the following terms and conditions. Web the right of first refusal (section 2.1) provides that where a shareholder proposes to transfer shares of the company, the company shall have a right of first refusal to purchase all or any portion of such shares that such shareholder may propose to transfer at the same price and on the same terms and conditions as those offered to the. Web the right of first refusal agreement grants one party the opportunity to purchase a property or asset before it is offered to others, usually on the same terms.

What Is Right Of First Refusal?

If the party with the rofr declines to enter a deal, the seller may accept alternative offers. In real estate, right of first refusal (rofr) is a contract clause that gives certain people the contractual right to purchase a property before the seller accepts public offers. The clause requires the grantor of the right to offer contract terms to the grantee before it can conclude a contract on the same terms with a third party. Web first right of refusal clause samples.

Unless otherwise stated in the award agreement or the exercise agreement, the company reserves to itself and/or its assignee (s) a right of first refusal to purchase all shares that a participant (or a subsequent transferee or assignee) may propose to transfer to a third party (the right of first. Web the right of first refusal (section 2.1) provides that where a shareholder proposes to transfer shares of the company, the company shall have a right of first refusal to purchase all or any portion of such shares that such shareholder may propose to transfer at the same price and on the same terms and conditions as those offered to the. A tenant may agree to pay a higher rent or make other concessions in exchange for the right of first refusal. Web right of first refusal (rofr), also known as first right of refusal, is a contractual right to match or refuse to match an offer on an asset after other offers have been made. Found in morphic holding, inc.