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the first right of refusal to introduce

Chinese translation: 优先权

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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
English term or phrase:the first right of refusal to introduce
Chinese translation:优先权
Entered by: Zhoudan
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03:04 Jan 16, 2003
English to Chinese translations [PRO]
Bus/Financial - Law: Contract(s) / Contract
English term or phrase: the first right of refusal to introduce
If Seller subsequently obtains a certification for the Products, then Seller shall shall allow the Buyer the first right of refusal to introduce, under Nuyer sponsorship, the benefits of the certified Products. Should Buyer refues the first right of refusal for said certification, sellar shall provide Buyer with a royalty on each sale of hte Products made by the seller for a period of 20 years in the amount of 15% of the retail price to compensate buyer for its costs in originally obtaining certification for the products.



How do you understand the "first right of refusal to introduce the benefits of the certified products" and "to refuse the first right of refusal"?

Thanks in advance
Lichun E
Local time: 13:36
first right of refusal=优先权
Explanation:
first right of refusal to introduce the benefits of the certified Products
获得(引入)被认证产品好处的优先权

refuse the first right of refusal for said certification
拒绝(放弃)对所述认证拥有的优先权
Selected response from:

Zhoudan
Local time: 13:36
Grading comment
Graded automatically based on peer agreement. KudoZ.
4 KudoZ points were awarded for this answer

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Summary of answers provided
4 +5first right of refusal=优先权
Zhoudan


  

Answers


35 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +5
first right of refusal=优先权


Explanation:
first right of refusal to introduce the benefits of the certified Products
获得(引入)被认证产品好处的优先权

refuse the first right of refusal for said certification
拒绝(放弃)对所述认证拥有的优先权

Zhoudan
Local time: 13:36
Works in field
Native speaker of: Native in ChineseChinese
PRO pts in category: 4
Grading comment
Graded automatically based on peer agreement. KudoZ.

Peer comments on this answer (and responses from the answerer)
agree  Golden View
35 mins

agree  zhiyu liu
7 hrs

agree  Chinoise
10 hrs

agree  Sunshine Wang
12 hrs

agree  taoyuting
2 days 4 hrs
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