IMH. ICH or any Affiliated REIT may only pursue an Investment Opportunity contained in a Notice of First Refusal to the Principal Party on terms no less favorable than as presented to IMH, ICH or any Affiliated REIT, or any of their Operating Subsidiaries, and then as set forth to the Principal Party on said Notice of First Refusal.
Appears in 2 contracts
Sources: Right of First Refusal Agreement (Imperial Credit Commercial Holdings Inc), Right of First Refusal Agreement (Impac Commercial Holdings Inc)