(the right of) first refusal
idiom
: the right to have the first choice to buy something on the same terms as offered to someone else
Examples of (the right of) first refusal in a Sentence
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So the club looked for offers and Paz ended up at Como in Serie A, joining for €6million ($6m; £5m at current exchange rates) with a right of first refusal for Madrid to re-sign him and buy-back clauses in place until 2027.
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Guillermo Rai, The Athletic, 24 Jan. 2025
However, their exclusive arrangement for new capacity is changing so that now Microsoft has a right of first refusal over OpenAI building new capacity.
—Richard Lawler, The Verge, 21 Jan. 2025
In return, the library will not sell the Museum portion building without village approval and the village will have the right of first refusal of the museum building.
—Daniel I. Dorfman, Chicago Tribune, 20 Jan. 2025
According to published reports, Ratcliffe has the right of first refusal on a Glazer sale, while the family can buy him out at his purchase price after a period of time.
—Brendan Coffey, Sportico.com, 15 Jan. 2025
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Guillermo Rai, The Athletic, 24 Jan. 2025
However, their exclusive arrangement for new capacity is changing so that now Microsoft has a right of first refusal over OpenAI building new capacity.
—Richard Lawler, The Verge, 21 Jan. 2025
In return, the library will not sell the Museum portion building without village approval and the village will have the right of first refusal of the museum building.
—Daniel I. Dorfman, Chicago Tribune, 20 Jan. 2025
According to published reports, Ratcliffe has the right of first refusal on a Glazer sale, while the family can buy him out at his purchase price after a period of time.
—Brendan Coffey, Sportico.com, 15 Jan. 2025
See all Example Sentences for (the right of) first refusal
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“(the right of) first refusal.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/%28the%20right%20of%29%20first%20refusal. Accessed 1 Feb. 2025.
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