Common use of Right of First Refusal - Lease Clause in Contracts

Right of First Refusal - Lease. BAHA hereby reserves for itself a nonassignable right of first refusal set forth in this Section 9.09 to lease all or any portion of any other Unit Owner's Unit which such Unit Owner elects, in its sole discretion, to offer for lease to third parties, subject to the limitations set forth in Section 9.09(a) below.

Appears in 3 contracts

Sources: Memorandum of Understanding, Memorandum of Understanding, Memorandum of Understanding