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Right of first refusal. 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. A first refusal right must have at least three parties ...
The Budapest Memorandum on Security Assurances comprises three substantially identical political agreements signed at the OSCE conference in Budapest, Hungary, on 5 December 1994, to provide security assurances by its signatories relating to the accession of Belarus, Kazakhstan and Ukraine to the Treaty on the Non-Proliferation of Nuclear Weapons (NPT).
Agrément, in international affairs, is the agreement by a state to receive members of a diplomatic mission from a foreign country. In this procedure, the posting state formally requests consent, via a demande d'agréation, from the receiving state before appointing a diplomat to the receiving state. [1] If the nominated diplomat is acceptable ...
Informed consent is a principle in medical ethics, medical law, media studies, and other fields, that a person must have sufficient information and understanding before making decisions about accepting risk, such as their medical care. Pertinent information may include risks and benefits of treatments, alternative treatments, the patient's role ...
A get, ghet, [1][2][3] or gett (/ ɡɛt /; Imperial Aramaic: גט, plural gittin גטין) is a document in Jewish religious law which effectuates a divorce between a Jewish couple. The term is also used to refer to the divorce itself. [4][5] The get is a 12-line document written in Aramaic. [6] The requirements for a get include that the ...
Waiver. A waiver is the voluntary relinquishment or surrender of some known right or privilege. Regulatory agencies of state departments or the federal government may issue waivers to exempt companies from certain regulations. For example, a United States law restricted the size of banks, but when banks exceeded these sizes, they obtained waivers.
A 72-hour clause, typically inserted in real estate sale contracts, is also known as an escape clause, release clause, kick-out clause, hedge clause or right of first refusal clause. [ 1 ] The 72-hour clause is a seller contingency which allows the seller to accept a buyer's contingent offer to purchase his/her property, while allowing the ...
The Companies Act 2006 is the source of shareholder pre-emption rights in British companies.Under Section 561(1) of the Companies Act 2006 a company must not issue shares to any person unless it has made an offer (on the same or on more favourable terms) to each person who already holds shares in the company in the proportion held by them, and the time limit given to the shareholder to accept ...
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