WebJun 21, 2005 · Following is the standard language: “ Right of First Refusal: Investors who purchase at least (____) shares of Series A Preferred (a “Major Investor”) shall have the right in the event the Company proposes to offer equity securities to any person (other than the shares (i) reserved as employee shares described under “Employee Pool ... WebSample Clauses. Right of First Refusal. Unless it shall have first delivered to the Buyer, at least seventy two (72) hours prior to the closing of such Future Offering (as defined …
Right of First Refusal for Real Estate - PON - Harvard University
WebMay 7, 2024 · A right of first refusal ("ROFR") is a contractual entitlement of a party to enter into a business transaction with the counterparty (to a contract) which such counterparty is desirous of executing with a third party. When tested on the principles of contract law in India, such contracts are held to be valid so long as the ROFR is … WebOct 15, 2024 · One type of first-refusal right gives the former owner the ability to regain the property by matching competing bids. Rights holders only have to equal the high bid without engaging in the auction … racetrack rosie everything s rosie
Shareholders Agreement: What Is ‘First Right of Refusal’? LegalVision
WebThe Company’s right of first refusal described below will expire on the first date upon which any security of the Company is listed (or approved for listing) upon notice of … Webfirst refusal definition: 1. the opportunity to buy something before it is offered to anyone else: 2. the opportunity to buy…. Learn more. WebFor instance, if Jones has a right of first refusal to purchase the White house, and White receives an offer of $100,000, then Green will be able to buy the property for $100,000. … race track rugby