Common use of The Right Clause in Contracts

The Right. In the event that ▇▇. ▇▇▇▇▇ ▇▇▇▇ or ▇▇. ▇▇▇ ▇▇▇▇ or any immediate family members identified on Schedule B attached hereto (each hereinafter referred to in such a capacity as a "Seller") proposes to sell, assign, pledge or in any manner transfer (a "Transfer") any of the Securities held by such Seller, whether voluntarily or by operation of law or by gift or otherwise, such Seller shall promptly forward a Transfer Notice complying with Section 5.2 to the Holders, then such Seller shall first grant the Holders the right (the "Right of First Refusal") to purchase all or any part of such securities (the "Offered Securities") on the same terms as such Seller is willing to Transfer the Offered Securities to such transferee (the "Transferee").

The Right. In the event that ▇▇. ▇▇▇▇▇ ▇▇▇▇ or ▇▇. ▇▇▇ ▇▇▇▇ or any --------- immediate family members identified on Schedule B attached hereto (each ---------- hereinafter referred to in such a capacity as a "Seller") proposes to sell, assign, pledge or in any manner transfer (a "Transfer") any of the Securities held by such Seller, whether voluntarily or by operation of law or by gift or otherwise, such Seller shall promptly forward a Transfer Notice complying with Section 5.2 to the Holders, then such Seller shall first grant the Holders the ----------- right (the "Right of First Refusal") to purchase all or any part of such securities (the "Offered Securities") on the same terms as such Seller is willing to Transfer the Offered Securities to such transferee (the "Transferee").