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03-13-2013, 07:21 AM
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#1 |
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Mouseketeer
Join Date: Jun 2010
Location: Kettering, OH
Posts: 80
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ROFR and UY
With all the talk of DVD beginning to ROFR at a higher rate than in the past, I was wondering if DVD can change the UY of the contract? Let's say I'm purchasing a contract has a UY of Feb and DVD has a waiting list for June.
Can DVD ROFR my contract and change it's use year to satisfy the June waitlist? And as far as ROFR goes, I would be willing to say that a stripped contract has a better chance of passing ROFR than a loaded one because DVD couldn't sell the points until there are points available. I haven't done any research but just thinking.  John |
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03-13-2013, 08:35 AM
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#2 |
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Earning My Ears
Join Date: Mar 2010
Location: Blainville, Quebec, Canada
Posts: 52
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DVD cannot change the UY of a contract as it is the UY is declared at the time of the unit declaration. A contract is just part of a unit so they would have to change all the contract of the unit to be able to do this. Highly improbable!
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