Taylor Note Refusal Right

Example Definitions of "Taylor Note Refusal Right"
Taylor Note Refusal Right. The right, but not an obligation, of GCP or Monster Worldwide to purchase up to its pro rata portion (based upon their respective relative aggregate amounts invested in connection with the July 2005 Financing) of all or any portion of the Taylor Note that is proposed to be transferred in a Proposed Transfer, on the terms and conditions specified in a notice relating to such proposed transfer.
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