FIRST RIGHT OF REFUSAL TO LEASE Sample Clauses

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FIRST RIGHT OF REFUSAL TO LEASE. 14.1 Unless this lease has been terminated pursuant to section 12.1 or by tenant pursuant 14.2 When ▇▇▇▇▇▇ receives a notice from Landlord describing the terms and conditions offered to the third party, Tenant shall have the prior and preferential right to lease the Premises at the same rent and on the same terms and conditions as are contained in the Offer. 14.3 Tenant shall have 30 days from the date Tenant receives the notice to notify Landlord whether Tenant elects to lease the Premises pursuant to the terms described in the notice. If Tenant elects to exercise its right to lease the Property, then, in addition to giving Landlord written notice of its election within the 30-day period, Tenant also shall tender an amount equal 14.4 If Tenant fails to timely exercise its right to lease the Property pursuant to the terms of this Agreement, then Landlord shall be entitled to lease the Property to the Third-Party according to the terms of the notice provided to Tenant. 14.5 If Tenant fails to timely exercise its right to lease the Property pursuant to the terms of this Agreement, and for any reason Landlord shall not lease or convey the Property to the Third-Party within six months of Tenant's election not to lease, then Landlord must resubmit a new notice to Tenant before leasing the Property, and any such offer to lease to a Third-Party shall be subject to Tenant's right of first refusal under this Agreement.
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FIRST RIGHT OF REFUSAL TO LEASE. Tenant will be provided First Right of Refusal to lease the 7500 square foot North Suite. Tenant has one week to match any offer to lease the North Suite. The First Right of Refusal shall be in writing sent registered mail to Landlord. (The rest of this page is left blank intentionally.)
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FIRST RIGHT OF REFUSAL TO LEASE. LOWER FLOOR So long as Tenant is not in default of its performance of the terms hereof, it shall be given first right of refusal to lease the lower floor when the lease for the lower floor, including any options for that Tenant(s) to renew that lease, terminate. Any such right of refusal shall not be considered to be within the teens and conditions of this lease, and Landlord reserves the right to negotiate a new lease with conditions satisfactory to Landlord for any such additional space.
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Related to FIRST RIGHT OF REFUSAL TO LEASE

  • First Right of Refusal If any Partner shall enter into an agreement to sell their ownership interest in the Partnership with an individual or entity that is not a current Partner, the following parties must be given a first right of refusal before such a transaction can take place:

  • Right of Refusal Vendor has the right not to sell to a TIPS Member under the awarded agreement at Vendor’s discretion unless otherwise required by law.

  • Option to Lease The Receiver hereby grants to the Assuming Institution an exclusive option for the period of ninety (90) days commencing the day after Bank Closing to cause the Receiver to assign to the Assuming Institution any or all leases for leased Bank Premises, if any, which have been continuously occupied by the Assuming Institution from Bank Closing to the date it elects to accept an assignment of the leases with respect thereto to the extent such leases can be assigned; provided, that the exercise of this option with respect to any lease must be as to all premises or other property subject to the lease. If an assignment cannot be made of any such leases, the Receiver may, in its discretion, enter into subleases with the Assuming Institution containing the same terms and conditions provided under such existing leases for such leased Bank Premises or other property. The Assuming Institution shall give notice to the Receiver within the option period of its election to accept or not to accept an assignment of any or all leases (or enter into subleases or new leases in lieu thereof). The Assuming Institution agrees to assume all leases assigned (or enter into subleases or new leases in lieu thereof) pursuant to this Section 4.6. If the Assuming Institution gives notice of its election not to accept an assignment of a lease for one or more of the leased Bank Premises within seven (7) days of Bank Closing, then, not withstanding any other provision of this Agreement to the contrary, the Assuming Institution shall not be liable for any of the costs or fees associated with appraisals for the Fixtures, Furniture and Equipment located on such leased Bank Premises.

  • Grant of Right of First Refusal Except as provided in Section 12.7 below, in the event the Optionee, the Optionee's 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 shareholder of the Participating Company Group, the Company shall have the right to repurchase the Transfer Shares under the terms and subject to the conditions set forth in this Section 12 (the "RIGHT OF FIRST REFUSAL").

  • Right of First Refusal and Co-Sale Agreement Each Purchaser and the other stockholders of the Company named as parties thereto shall have executed and delivered the Right of First Refusal and Co-Sale Agreement.