Eagle Spirit Symbolism: Strength, Courage, Prestige, Spirit, Wisdom, Loyalty Balance, Meditation, Healing, Faith, Connection with Higher Power, Freedom, Awareness, Perspective, Insight. Eagle Meaning and Medicine: If the Eagle totem has entered your life recently take a moment to stop and reflect on some of the following messages and symbolism:
A right of first purchase can be a right of first offer, a right of first negotiation, a right of first refusal or a combination of these rights. A right of first offer requires the owners to offer the property, on terms of their choosing, to the person who holds the right (called the âholderâ or âgranteeâ) before offering the property to others.
Since an entity with the right of first refusal has the right, but not the obligation, to enter into a transaction that generally involves an asset, it is akin to a having a call option on the asset. A right of first refusal is usually negotiated by a party when it wants to see how a business will turn out.