Common use of Failure to Exercise Right of First Refusal Clause in Contracts

Failure to Exercise Right of First Refusal. If PPI does not exercise its First Refusal, Mother Fran▇▇▇ ▇▇▇ transfer its Partnership interest to the purchaser at the purchase price and on the terms described in the notice delivered pursuit to clause 5.9.3 above.

Failure to Exercise Right of First Refusal. If PPI does not exercise its First Refusal, Mother Fran▇▇▇ ▇▇▇ may transfer its Partnership interest to the purchaser at the purchase price and on the terms described in the notice delivered pursuit pursuant to clause 5.9.3 above.

Failure to Exercise Right of First Refusal. If PPI does not exercise its First Refusal, Mother Fran▇▇▇▇▇▇▇ ▇▇▇ may transfer its Partnership interest to the purchaser at the purchase price and on the terms described in the notice delivered pursuit to clause 5.9.3 above.