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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 ...
Droit du seigneur[ a] ('right of the lord'), also known as jus primae noctis[ b] ('right of the first night'), sometimes referred to as prima nocta[ c], was a supposed legal right in medieval Europe, allowing feudal lords to have sexual relations with any female subject, particularly on her wedding night. There are many references to the custom ...
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 seller ...
A first-look deal is any contract containing a clause granting, usually for a fee or other consideration that covers a specified period of time, a pre-emption right, right of first refusal, or right of first offer (also called a right of first negotiation) to another party, who then is given the first opportunity to buy outright, co-own, invest in, license, etc., something that is newly coming ...
From 2015, non-FIBA Europe players have also been included, since they are within the collective agreement and therefore may be subject to the right of first refusal. [3] The players that appear in the list of not subject to the right of first refusal are totally free to sign for the club they wish at the end of their contract. Some of them ...
Sections 146 and 147 of the Act force an owner of Māori land who wishes to alienate their interest in the land to give right of first refusal to people belonging to "preferred classes of alienees". [2] These preferred classes include whanaunga (blood relations) [3] of the owner, other current owners, and members of the owner's hapu. [4]
First-sale doctrine. The first-sale doctrine (also sometimes referred to as the "right of first sale" or the "first sale rule") is an American legal concept that limits the rights of an intellectual property owner to control resale of products embodying its intellectual property. The doctrine enables the distribution chain of copyrighted ...
The right to silence is a legal principle which guarantees any individual the right to refuse to answer questions from law enforcement officers or court officials. It is a legal right recognized, explicitly or by convention, in many of the world's legal systems. The right covers a number of issues centered on the right of the accused or the ...
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