Common use of No Right of First Refusal Clause in Contracts

No Right of First Refusal. If a third party meeting our then-current qualifications offers to purchase the Hotel and wishes to keep the Hotel in the Hotel System, we shall have no right of first refusal.

Appears in 4 contracts

Sources: Franchise Agreement (Us Franchise Systems Inc/), License Agreement (Us Franchise Systems Inc/), License Agreement (Us Franchise Systems Inc/)