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| gen. |
pre-emption; preferential purchase right (Morning93); preferential right to purchase (Morning93); right of first refusal on (A provision in a contract that permits a party to that contract or another named party to have an opportunity to purchase, use, or otherwise obtain a specified object before it is offered to any other party. 1985, Richard Lourie, First Loyalty, ISBN 9780151312870, p. 258: "Well," said the publisher, "does our last contract with whoever it is that represents Shar give us the right of first refusal on his next book?" WT Alexander Demidov); right of first refusal to purchase (In the event [______] proposes to transfer any Company shares, the Company will have a right of first refusal to purchase the shares on the ... Alexander Demidov) |
| adv. |
privilege for buying |
| bank. |
prior option of purchase |
| busin. |
right of preemption |
| EBRD |
right of first refusal (raf) |
| environ. |
pre-emption (The right of first refusal to purchase land in the event that the grantor of the right should decide to sell; Преимущественное право покупки земли в случае её продажи лицом, предоставляющим это право) |
| law |
preemptive right; preemption right; right of pre-emption (Frequently the non-selling shareholders will be able to exercise a right of pre-emption if one of the shareholders wishes to exit, and may also have a "tag-along" right under which a selling shareholder must procure that the purchaser of his shares acquires the shares of the "tagging" shareholder on the same terms. DBiRF Alexander Demidov) |
| patents. |
option right; preemption; pre-emption right |
