first refusal


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Related to first refusal: Right of first offer

first refusal

n
the chance of buying a house, merchandise, etc, before the offer is made to other potential buyers
Translations
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I undertake to reconsider my first refusal, and to give him a definite answer when we meet the next morning at breakfast.
"If I had had the honor of seeing you for the third or fourth time, count, instead of only for the second," said Madame de Villefort; "if I had had the honor of being your friend, instead of only having the happiness of being under an obligation to you, I should insist on detaining you to dinner, and not allow myself to be daunted by a first refusal."
"As true as my name is du Bousquier, mademoiselle, I have never changed in my feelings toward you; and your first refusal has not discouraged me."
(Alliance News) - Royal Dutch Shell PLC has sold its interest in a Gulf of Mexico oil field to Norway's Equinor ASA, it said Wednesday, after Equinor exercised its right of first refusal.
Summary: New Delhi [India], Feb 18 (ANI): The government has revised guidelines for chartering of ships by providing the right of first refusal to ships built within the country, a move to promote the Make in India initiative and incentivise shipbuilding activity.
Under the current rules, which have stood for 65 years, if a UK buyer puts in a matching offer on a national treasure set for export then they are given first refusal and time to raise the funds.
Va.) (Volvo I), this court issued an opinion concerning the scope of Volvo Trucks North America, LLC's contractual and statutory rights of first refusal as related to a 2015 business deal between defendants and a proposed purchaser.
Family Corporation; Transfer of Stock; Right of First Refusal
Under the deal, Amazon will essentially have the right of first refusal for any of Peele's TV series, according to the report.
The agreement includes the purchase of 100% of the production from one "module" of 250,000 metric-ton-per-year (mt/y) capacity; a preliminary marketing plan that facilitates Gensource's goal of creating a direct link between a potash producing facility in Saskatchewan and the end user; 10-year term with an option to renew for the life of the project; right of first refusal for the off-taker to purchase any additional product that may be produced at the project either through de-bottlenecking or expansion of the productive capacity of the facility; and right of first refusal to purchase the project should Gensource elect to sell any portion of it.