However, Equinor, a joint venture partner with Shell at Caesar-Tonga, exercised a right of
first refusal, meaning it has now taken the stake, for the same price.
TOP NEWS: Equinor Pips Delek To Shell's Caesar-Tonga Field Stake
Earlier, the right of
first refusal was reserved for Indian flag vessels as per relevant provisions of the Merchant Shipping Act 1958.
Ships built in India to get priority in chartering under revised guidelines
UK museums and buyers would also get
first refusal on acquisitions.
Keeping UK art from being sold abroad
It contains a self-described "condition subsequent," which conditions Volvo's ability to exercise its right of
first refusal on the closing of the rest of the deal between dealers and TEC.
Volvo granted injunctive relief in suit against dealerships
Where bylaws' restriction on transfer only granted right of
first refusal to holders of class of stock being transferred, plaintiffs had no right to notice of transfer because they held different class of stock and where sole owner of voting stock evidenced clear intent to maintain control.
8th U.S. Circuit Court of Appeals Digest: Sept. 27
They have exercised a right of
first refusal to match a $600 million offer for New York's Plaza Hotel, in a move that would void another Shahal Khan and Kamran Hakim's agreement to buy the property, according to Bloomberg .
Dubai's Khan and Hakim out, Ashkenazy and Prince Al Waleed swoop in to buy Plaza hotel
The so-called right of
first refusal or RoFR allows fleet owners to take the benefit available to Indian registered ships for doing business along the Indian coast.
Shipping - INDIA TIGHTENS RULES FOR OVERSEAS SHIPS TO PLY ON LOCAL ROUTES
Plus, it will also not get the benefit of ' Right of
First Refusal ( ROFR) when its owner, the New Delhi Municipal Council ( NDMC), auctions it, said the Delhi High Court on Thursday.
HC tells Tatas to relinquish Taj
Celgene gains a six-month right of
first refusal to certain disease fields.
Celgene purchases Mesoblast stock, acquires rights
10 to decide whether to exercise the town's right of
first refusal to buy the land, which is state-designated Chapter 61A agricultural land.
Donor offers $1M to town to buy farmland
But to legally consummate this deal with SM, a 30day notice was sent to the group allied with the Ayalas led by Rafael Ortigas since under existing shareholder agreements, this side of the family had the right of
first refusal on any stake to be unloaded.
Settlement of Ortigas row nears
Alphaland Group cannot transfer its shares in its joint venture project, Alphaland Bay City (ABC), with the Wenceslao Group project to Ashmore Investment unless the Wenceslao Group was allowed to exercise or waive its right of
first refusal.
JV partner demands pre-emptive right in ADI respected in deal
4 October 2013 a[euro]" Slovakia is determined to sell its 49% in Slovak Telekom AS regardless of what Deutsche Telekom AG (ETR:DTE) decides to do with its option of
first refusal, an economy ministry representative said as cited by Reuters today.
State pushes to offload 49% in Slovak Telekom