Right Of First Offer — A contractual obligation by the owner of an asset to a rights holder to negotiate the sale of an asset with the rights holder before offering the asset for sale to third parties. If the rights holder is not interested in purchasing the asset or… … Investment dictionary
Right of first refusal — (ROFR or RFR) is a contractual right that gives its holder the option to enter a business transaction with the owner of something, according to specified terms, before the owner is entitled to enter into that transaction with a third party. In… … Wikipedia
rights of first offer — USA This requires an equity holder in a company (such as a stockholder or a member) to offer to sell its equity to the other holders before offering to sell to third parties. If the other holders do not buy such offered equity, the selling holder … Law dictionary
Right Of First Refusal — In general, the right of a person or company to purchase something before the offering is made available to others. For example, a football team may have the right of first refusal on a player s contract. This would mean they can make the first… … Investment dictionary
have the right of first refusal — have (the right of/to) first refusal give (someone) (the right of/to) first refusal to offer to sell someone something before you offer it to anyone else. Manfield has the right of first refusal on any surplus stock … New idioms dictionary
have the right to first refusal — have (the right of/to) first refusal give (someone) (the right of/to) first refusal to offer to sell someone something before you offer it to anyone else. Manfield has the right of first refusal on any surplus stock … New idioms dictionary
the right of first refusal — (the right of) first refusal : the right to accept or refuse something before it is offered to anyone else If we decide to sell the house, we ll give our tenants first refusal. [=we will offer to sell the house to our tenants before offering to… … Useful english dictionary
give (someone) the right of first refusal — give (someone) (the right of/to) first refusal to offer to sell someone something before you offer it to anyone else. I have given my existing publishers first refusal on my next book. (often + on) … New idioms dictionary
give (someone) the right to first refusal — give (someone) (the right of/to) first refusal to offer to sell someone something before you offer it to anyone else. I have given my existing publishers first refusal on my next book. (often + on) … New idioms dictionary
first refusal — noun The chance to buy (esp property) before it is offered to others • • • Main Entry: ↑first * * * (the right of) first refusal : the right to accept or refuse something before it is offered to anyone else If we decide to sell the house, we ll… … Useful english dictionary
