This is a "Right of First Refusal and Co-Sale Agreement." It is entered into by the corporation and the purchasers of preferred stock. It gives the company and the purchasers of preferred stock certain rights of refusal and options upon the transfer of stock.
Mississippi Right of First Refusal and Co-Sale Agreement
Category:
State:
Multi-State
Control #:
US-TC0211A
Format:
Word;
PDF;
Rich Text
Instant download
Description
Free preview
How to fill out Right Of First Refusal And Co-Sale Agreement?
US Legal Forms - one of several greatest libraries of authorized types in the USA - gives a variety of authorized file web templates you are able to obtain or produce. While using site, you may get a large number of types for enterprise and person functions, sorted by types, claims, or keywords and phrases.You will discover the latest variations of types such as the Mississippi Right of First Refusal and Co-Sale Agreement within minutes.
If you already possess a monthly subscription, log in and obtain Mississippi Right of First Refusal and Co-Sale Agreement in the US Legal Forms collection. The Down load button can look on every single kind you look at. You get access to all earlier delivered electronically types from the My Forms tab of your respective profile.
If you wish to use US Legal Forms for the first time, listed here are basic directions to help you started out:
- Ensure you have chosen the right kind for your personal town/county. Click the Preview button to check the form`s content material. See the kind explanation to ensure that you have selected the appropriate kind.
- When the kind does not suit your requirements, make use of the Look for area on top of the display to find the the one that does.
- Should you be satisfied with the shape, confirm your option by simply clicking the Acquire now button. Then, opt for the prices plan you like and offer your accreditations to sign up for an profile.
- Approach the purchase. Use your bank card or PayPal profile to complete the purchase.
- Select the file format and obtain the shape on your own system.
- Make alterations. Load, change and produce and indicator the delivered electronically Mississippi Right of First Refusal and Co-Sale Agreement.
Each and every template you included in your money lacks an expiration date and is also your own forever. So, in order to obtain or produce an additional duplicate, just proceed to the My Forms section and click around the kind you will need.
Obtain access to the Mississippi Right of First Refusal and Co-Sale Agreement with US Legal Forms, one of the most considerable collection of authorized file web templates. Use a large number of expert and state-certain web templates that satisfy your small business or person demands and requirements.
Form popularity
FAQ
In some cases, a right of first refusal may give the holder the right to purchase the property at a specified ?bargain? price. Such provisions may be held unenforceable, especially if it is apparent that the specified price is significantly less than fair market value.
Is the right of first refusal a good idea? The right of first refusal can be a good idea in that it allows a potential buyer to have first dibs on a property, providing a sense of security and control. Sellers don't have to worry about listing the property and can save it for preferred buyers.
? Summary. AN ACT TO PROVIDE THAT A RIGHT OF FIRST REFUSAL IN REAL PROPERTY IS EXTINGUISHED UPON THE DEATH OF THE GRANTEE UNLESS THE INSTRUMENT GRANTING THE RIGHT CLEARLY STATES THAT UPON THE GRANTEE'S DEATH, IT SHALL INURE TO THE BENEFIT OF THE GRANTEE'S HEIRS AND ASSIGNS; AND FOR RELATED PURPOSES.
Right of first refusal in real estate is a clause that gives a potential buyer the first opportunity to purchase a piece of property. It's common with, but not limited to, renters looking to buy from their landlords and families prepping for estate inheritances.
A right of first refusal is a fairly common clause in some business contracts that essentially gives a party the first crack at making an offer in a particular transaction.
Tag-along rights also referred to as "co-sale rights," are contractual obligations used to protect a minority shareholder, usually in a venture capital deal. If a majority shareholder sells his stake, it gives the minority shareholder the right to join the transaction and sell their minority stake in the company.
The first right of refusal contingency allows the seller to continue to market the property and seek other offers while the buyer tries to satisfy the contingency to sell their own home.
Right of first refusal and co-sale agreement or ROFR for short, involves an agreement or clause that mandates a party provides notice before a transaction. Additionally, this agreement requires that an option is provided for the other party to refuse this transaction.