Rejection of Offer Sample Clauses
Rejection of Offer. An employee on layoff status who rejects an offer of reemployment forfeits seniority and all other accrued benefits; provided, that such employee is offered a position substantially equal to that held prior to layoff. If an employee on the Re-employment List due to a reduction of time rejects an offer of restoration of time they forfeit their right to remain on the Re-employment List.
Rejection of Offer. The TDHE offers units based on its selection preferences and the preferences of the Applicant (i.e., location, size of the unit, etc.). The Applicant may reject the offer of the TDHE, but after three (3) rejections, the Applicant will be placed at the bottom of the waiting list. Preference rank will still be exercised.
Rejection of Offer. In the event the Company shall fail to deliver a Notice of Acceptance to Buyer prior to expiration of the Acceptance Period, the Buyer may proceed to sell the Units to the proposed purchaser in accordance with the terms of the Notice of Offer; provided, however, that in the event that such transaction is not closed within thirty (30) days following expiration of the Acceptance Period, such transaction shall again become subject to the terms and provisions of this Section 9.
Rejection of Offer. It is understood and agreed by the Buyer that at any time prior to the issuance of a Final Acceptance of this Offer, the CITY may (1) reject any and all offers (including this Offer) and/or upset bids received, and/or (2) withdraw the Property from sale, as allowed by North Carolina General Statute § 160A-269. EXECUTION OF THIS OFFER: The Buyer represents and warrants that this Offer has been duly authorized, and that the person signing has the authority to sign this Offer on behalf of the Buyer.
Rejection of Offer. The TDHE offers units based on first come first serve basis. The Applicant may reject the offer of the TDHE, but the Applicant will be placed at the bottom of the Safe Shelter Housing Program waiting list. Preference rank will still be exercised.
Rejection of Offer. In the event AOL rejects the Offer, it ------------------ shall communicate such election to the Company by written notice. Immediately following such rejection (including a rejection for failure to accept the offer as specified in (b) and (c) above), and for a period of one-hundred eighty (180) days thereafter, the Company shall be free to offer and Transfer all of the Offered Shares, at a price equal to or greater than the Minimum Price and on other terms and conditions no less favorable than those contained in the Offer.
Rejection of Offer. If the Non-Offering Party shall elect not to accept the offer set forth in the ROFO Notice or as provided in the last sentence of Section 13.2, the Offering Party shall be permitted to sell the Offered Interests, and the Non-Offering Party’s Membership Interests if the Non-Offering Party has elected to exercise its Tag-Along Right, to a non-Affiliated third party at any time within the 270 day period following the date of the ROFO Notice, or if permitted pursuant to Section 13.2, the expiration of the 90 day period provided for in Section 13.2, for a purchase price not less than the Offered Price, as increased to reflect the ownership percentage of the Non-Offering Party if the Tag-Along Rights have been exercised. If the Non-Offering Party has not elected to exercise its Tag-Along Right, the Offering Party shall have the right, but not the obligation, to cause the Non-Offering Party to sell its Membership Interest to a non-Affiliated third party on the same terms and conditions, other than price adjustment to reflect actual ownership percentages, as the Offering Party (the “Drag-Along Right”); provided that if the Drag-Along Right is exercised the total amount received by the Non-Offering Party and its Affiliates in connection with the transactions contemplated by this Article 13 and Article 13 of all Other JV Agreements for which Other JV Drag-Along Rights have been exercised by the same Offering Party or its Affiliate shall equal, in the aggregate, an amount not less than the Drag-Along Threshold Amount.
Rejection of Offer. It is understood and agreed by the Buyer that at any time prior to the issuance of a Final Acceptance of this Offer, the Town may (1) reject any and all offers (including this Offer) and/or upset bids received, and/or (2) withdraw the DCH from sale, in which case the Town shall return Buyer’s deposit promptly.
Rejection of Offer. If NGP shall reject the Bona Fide Purchase Offer, then the Owners agree to take such actions as may be necessary (i) to cause the Board to include in its determination of "Realized Equity Value" (as defined in each of the B Options, C Options and D Options granted under the Plan) the cash purchase price set forth in the Bona Fide Purchase Offer, and (ii) if the addition of such amount shall cause the Realized Equity Value to be established at an amount which allows the B Options, C Options or D Options to vest in accordance with the terms thereof, to cause the Board to amend the Plan to provide for a two-year extension of the time to exercise such vested Options.
Rejection of Offer. If the Offeree rejects the Offer, the Offeree shall thereafter be deemed the “Buyer” and the Offeror shall be deemed the “Seller.” The closing of the transaction described in the Offer shall take place on the Closing Date pursuant to §8.5(c) below. If the Offeree properly rejects the Offer, it shall proceed to purchase from the Offeror, and the Offeror shall sell to the Offeree, the entire Interest owned by the Offeror for a Price equal to the amount the Offeror would receive if all the Company Property were sold for the Aggregate Asset Price and the proceeds were applied in accordance with §9.2 below.