US Legal Forms
Localized Forms
Washington
King
Right of First Refusal Clause for Shareholders' Agreement

King Washington Right of First Refusal Clause for Shareholders' Agreement

Name: King Washington Right of First Refusal Clause for Shareholders' Agreement
Brand: US Legal Forms
Rating: 4.68 (364 reviews)

Category:

Corporations - Shareholders and Stock

State:

Multi-State

County:

King

Control #:

US-01770

Format:

Instant download

Description

This is a model clause for a shareholder's agreement addressing Right of First Refusal. If a shareholder wishes to sell shares, the company will be given notice and has the right to buy the shares during a certain limited time period. Adapt to fit your circumstances.

View Salt Lake Corporate Resolution for Single Member LLC

View this form

View Contra Costa Corporate Resolution for Single Member LLC

View this form

View Fairfax Corporate Resolution for Single Member LLC

View this form

View Wake Corporate Resolution for Single Member LLC

View this form

View Mecklenburg Corporate Resolution for Single Member LLC

View this form

How to fill out King Washington Right Of First Refusal Clause For Shareholders' Agreement?

Laws and regulations in every area vary around the country. If you're not an attorney, it's easy to get lost in a variety of norms when it comes to drafting legal documentation. To avoid pricey legal assistance when preparing the King Right of First Refusal Clause for Shareholders' Agreement, you need a verified template legitimate for your county. That's when using the US Legal Forms platform is so advantageous.

US Legal Forms is a trusted by millions web collection of more than 85,000 state-specific legal forms. It's a perfect solution for specialists and individuals looking for do-it-yourself templates for different life and business scenarios. All the forms can be used many times: once you purchase a sample, it remains accessible in your profile for future use. Thus, if you have an account with a valid subscription, you can simply log in and re-download the King Right of First Refusal Clause for Shareholders' Agreement from the My Forms tab.

For new users, it's necessary to make a few more steps to obtain the King Right of First Refusal Clause for Shareholders' Agreement:

Analyze the page content to make sure you found the right sample.
Utilize the Preview option or read the form description if available.
Look for another doc if there are inconsistencies with any of your requirements.
Click on the Buy Now button to obtain the template once you find the appropriate one.
Choose one of the subscription plans and log in or create an account.
Select how you prefer to pay for your subscription (with a credit card or PayPal).
Select the format you want to save the document in and click Download.
Fill out and sign the template in writing after printing it or do it all electronically.

That's the simplest and most cost-effective way to get up-to-date templates for any legal scenarios. Locate them all in clicks and keep your paperwork in order with the US Legal Forms!

Form Rating

4.68

Satisfied(364)

Form popularity

FAQ

A right of first refusal (ROFR) is an option contract whereby the holder of the right has the future option to purchase property when the owner intends to sell it. The holder of the ROFR has the right to purchase the property prior to any other third party who seeks to purchase it.

The United States District Court for the District of Columbia restated the fundamental principle that in order for a right of first refusal to be enforceable, it must be in writing under the Statute of Frauds.

The right of first refusal granted herein shall terminate (i)with respect to any particular First Refusal Space upon the failure by Tenant to exercise its right of first refusal with respect to the First Refusal Space so offered by Landlord pursuant to the terms of this Section1.

When a lease contract contains a right of first refusal, the lessor is under a legal duty to the lessee not to sell to anybody at any price until after he has made an offer to sell to the latter at a certain price and the lessee has failed to accept it.

Definition of (the right of) first refusal : the right to have the first choice to buy something on the same terms as offered to someone else.

For example, a commercial tenant may prefer to lease a location; however, he may buy the premises if it meant that he would be evicted if the property sold to a new owner. In such a case, the tenant would negotiate to have a right of first refusal clause incorporated into his lease.

Once that is done the ROFR holder has the option of purchasing the property instead or waiving their ROFR and allowing another sale to go through. To get to closing, a title company has to have a signed Waiver of Right of First Refusal document in the file before funding can occur.

Within 30 days after receipt of the Seller's Notice, the Company shall have the right to purchase all or any portion of the shares so offered at the price and on the terms and conditions stated in the Seller's Notice.

What Is the Difference Between Right of First Offer and Right of First Refusal? A right of first offer gives the holder the right to submit the first bid on the potential sale of a property. A right of first refusal gives the holder the right to match or refuse to match an offer that has been made to a seller.

More info

Exhibit C – RIGHT OF FIRST REFUSAL FOR TENANT TO PURCHASE. Exhibit D – SAMPLE RENEWAL CLAUSE.Privileges and immunities clause of state citizenship set out in Article IV, §2. These terms are a legal agreement and contain important information about your rights and obligations in relation to our Services. Most Mexican auto exports are in a position to comply with the new limits, the country's economy minister said. The problem as I see it is that Lamoriello supplied Trotz a roster filled with players who are meant to grind. He left "after conducting medical examinations and successfully completing the treatment plan and recovery period", the SPA said on Twitter. The news and opinions you'll love for only 3. Surprise Antonio Rudiger replacement. 1859The body is found in The Wife Murder at CAHIRLEHEEN .

King Washington Right of First Refusal Clause for Shareholders' Agreement

Description

Related forms

How to fill out King Washington Right Of First Refusal Clause For Shareholders' Agreement?

Show more info

Form Rating

Form popularity

FAQ

What does the right of first refusal clause do when included in a lease agreement in Texas?

Does a right of first refusal have to be in writing?

How do you write the first right of a refusal clause?

What is the right of first refusal Philippines?

What is meaning of first refusal?

What is the right of first refusal example?

How do you get out of a right of first refusal?

How many days do the shareholders have a right of first refusal to purchase any shares offered for sale?

What is difference between right of first refusal and right of first offer?

More info

Trusted and secure by over 3 million people of the world’s leading companies