ROFRRight of First Refusal
ROFRRolling on the Floor Rolling (chat slang)
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References in periodicals archive ?
The CGA Investment Agreement also provides board nomination rights to both CGA and the Corporation, as well as a right of first refusal in favor of the Corporation (the "CGA Investment ROFR") with respect to any proposed investment by CGA in companies involved in the CBD space in Asia.
On completion of the disposal, taking into account the pre-payment by Occidental and the recovery of local taxes, the net effect of the completion of the ROFR and the agreement is expected to be broadly neutral to the company's unrestricted cash position.
The ROFR agreement, which includes all territories except China, states that upon receipt of the clinical trial report from dermatologist Dr.
Xinyi Energy will continue to be a non-wholly owned subsidiary of Xinyi Solar after listing, so it will have a call option and the right of Solar Farm ROFR owned by Xinyi Solar.
Accordingly, a sale of ownership interests in the property owner may be a method of avoiding the ROFR. (3)
Hyderabad, (Telangana) [India] Apr 21 ( ANI ): Telangana Chief Minister K Chandrashekhar Rao on Saturday announced that the farmers, lease holders and non-tribals cultivating land under the Recognition of Forest Rights Act (ROFR), will be covered under the Rythu Bandhu scheme.
authority under the Federal Power Act to require removal of federal ROFR
Howard Hughes Corp., however, was able to acquire the land via a Right of First Refusal ("ROFR").
They have time till today to exercise the right of first refusal (RoFR) failing which NCDEX will approve the stake sale to the third parties at a board meeting on May 30, added the person quoted earlier.
Apart from regulatory approvals and other customary conditions, the transaction depends on the exercise of certain rights of first refusal (ROFR) held by minority parties.
The Right of First Refusal (ROFR) modified the option clause in some professional leagues by the late 1980s, usually termed as ROFR/Compensation (ROFR/Comp).
Pengrowth Energy Trust exercised its right of first refusal (ROFR)