Right of First Refusal

Views Updated: Dec 15, 2025

Key Facts

Abbreviation
RFR
Pronunciation
/raɪt əv fərst rɪfˈjuzəl/
Category
Miscellaneous
Related Field
Unclassified

Examples in Context

  1. A tenant may have a right of first refusal if a property is offered for sale.
  2. Party B shall have the right of first refusal under equal conditions.
  3. Gateway has right of first refusal to Packard Bell's holding company and last month made a binding offer.
  4. If you protest, expect the buyer to refer you to the shareholder agreement where the corporation has the right of first refusal to buy your shares at net book value.
  5. In cases of co-ownership of a tool we shall have a right of first refusal with respect to the co-ownership share of the supplier.

Other meanings of RFR