Nebraska Preferential Purchase Right Notice / Waiver Under Operating Agreement

State:
Multi-State
Control #:
US-OG-565
Format:
Word; 
Rich Text
Instant download

Description

This is a form of a Preferential Purchase Right Notice/Waiver Under Operating Agreement.

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FAQ

Preferential right clauses providing that the holder shall have the right to purchase at the same price set in a bona fide third party offer are held to meet this standard.

The Preferential Right to Lease is not a ?right of first offer?, but rather (absent a prospect for the space, as to which the Right of First Refusal provisions shall apply) the right on the part of Tenant to give written notice to Landlord of its desire to lease additional space on the eighth (8th) floor of the ... Preferential Right to Lease Sample Clauses - Law Insider lawinsider.com ? clause ? preferential-right-t... lawinsider.com ? clause ? preferential-right-t...

The right that nonselling participating parties have in a lease, well or unit to proportionately acquire the interest that a participating party proposes to sell to a third party. preferential right to purchase - The SLB Energy Glossary slb.com ? Terms ? preferential_right_to_... slb.com ? Terms ? preferential_right_to_...

A right of first refusal (sometimes also referred to as a "preferential right") consists of a contractual clause stipulating that, when the franchisee receives an offer that she/he wishes to accept for the sale of its franchised business or an interest therein, she/he must first submit it to the franchisor who, within ... The role and importance of a first refusal provision in a franchise ... lexology.com ? library ? detail lexology.com ? library ? detail

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Nebraska Preferential Purchase Right Notice / Waiver Under Operating Agreement