One of those obstacles is a right of first refusal that has been on the property for the last decade. The document, obtained by The Citizen, was first recorded in 2014 and updated in 2019.

When it comes to commercial leases, offering a tenant the chance to purchase the property or exercise a right of first refusal can be an appealing way to sweeten a deal. However, these options ...

Justin Baldoni and Blake Lively's refusal to head to mediation for their ... that he is in the right on this one," she added. "He may not be perfect, but he’s certainly not the monster that ...

However, it admitted that the partnership was no longer exclusive, with the firms "moving to a model where Microsoft has a right of first refusal (ROFR). To further support OpenAI, Microsoft has ...

No Chance to Surrender Sometimes some of the best proof of something or someone’s essence is found in one of its more ...

That’s where understanding the “first right of refusal clause” becomes essential. This legal tool is common in contracts and ensures certain parties get precedence before others step in.

The court observed that the Heirs Act “expressly defines the meaning of the term ‘heirs ... and establishing a hierarchical right of first refusal against any purchase offer,” giving heirs ...

Microsoft’s deal with OpenAI has ‘evolved’ to include a right of first refusal on supplying new capacity. Microsoft’s deal with OpenAI has ‘evolved’ to include a right of first refusal ...