\u00d6n Al\u0131m Hakk\u0131 (Right of First Refusal, ROFR), sahibine, sat\u0131c\u0131 \u00fc\u00e7\u00fcnc\u00fc tarafa transfer etmeden \u00f6nce iyi niyetli bir \u00fc\u00e7\u00fcnc\u00fc taraf teklifiyle ayn\u0131 ko\u015fullarda hisse (veya di\u011fer varl\u0131klar) sat\u0131n alma se\u00e7ene\u011fi veren s\u00f6zle\u015fmesel bir hakt\u0131r. ROFR haklar\u0131 risk sermayesi<\/a> destekli \u015firketlerde, ortak giri\u015fimlerde ve \u00e7e\u015fitli ticari d\u00fczenlemelerde temeldir, mevcut taraflara sahiplik\/kontrol\u00fc s\u00fcrd\u00fcrme yetene\u011fi sa\u011flar.<\/p>\n Tipik ROFR s\u00fcreci: bir pay sahibi hisse sat\u0131n almak i\u00e7in iyi niyetli bir \u00fc\u00e7\u00fcnc\u00fc taraf teklifi al\u0131r; pay sahibi ROFR sahiplerini teklif ko\u015fullar\u0131 hakk\u0131nda bilgilendirmeli ve e\u015fle\u015ftirme f\u0131rsat\u0131 sa\u011flamal\u0131d\u0131r; ROFR sahiplerinin kullanmak i\u00e7in tan\u0131mlanm\u0131\u015f bir s\u00fcresi vard\u0131r (tipik olarak 15-30 g\u00fcn); kullan\u0131l\u0131rsa, ROFR sahibi \u00fc\u00e7\u00fcnc\u00fc taraf ko\u015fullar\u0131nda sat\u0131n al\u0131r; kullan\u0131lmazsa, pay sahibi tan\u0131mlanm\u0131\u015f bir d\u00f6nem i\u00e7inde (tipik olarak 60-90 g\u00fcn) ROFR sahiplerine teklif edilenden daha elveri\u015fli olmayan ko\u015fullarda \u00fc\u00e7\u00fcnc\u00fc tarafa satabilir; sat\u0131\u015f o d\u00f6nemde kapanmazsa, ROFR gelecekteki transferler i\u00e7in yeniden eklenir.<\/p>\n \u0130lgili ancak farkl\u0131 bir hak \u00d6n Teklif Hakk\u0131d\u0131r (ROFO): satan taraf \u00f6nce hisseleri ROFO sahibine sat\u0131c\u0131n\u0131n kabul etmeye istekli oldu\u011fu bir fiyatta sunmal\u0131d\u0131r; reddedilirse, sat\u0131c\u0131 \u00fc\u00e7\u00fcnc\u00fc taraflara teklif edebilir ancak ROFO sahibine teklif edilenden daha iyi olmayan ko\u015fullarda. ROFR sahibine daha elveri\u015flidir (pazar do\u011frulamas\u0131n\u0131 bekler, sonra e\u015fle\u015ftirir); ROFO sat\u0131c\u0131ya daha elveri\u015flidir (bekleme s\u00fcresi yok, \u00fc\u00e7\u00fcnc\u00fc taraf m\u00fczakerelerinde daha az k\u0131s\u0131tlama).<\/p>\n ROFR haklar\u0131 \u015funlarda g\u00f6r\u00fcn\u00fcr: risk sermayesi destekli \u015firketler (mevcut yat\u0131r\u0131mc\u0131lar kurucu<\/a> hisse transferleri ve di\u011fer pay sahibi transferleri \u00fczerinde ROFR’a sahiptir, cap-table kontrol\u00fcn\u00fc s\u00fcrd\u00fcr\u00fcr), ortak giri\u015fimler (her JV orta\u011f\u0131 di\u011ferinin \u00e7\u0131kar\u0131 \u00fczerinde ROFR’a sahiptir), gayrimenkul (kirac\u0131lar genellikle m\u00fclk sat\u0131\u015flar\u0131nda ROFR’a sahiptir), lisanslama d\u00fczenlemeleri (lisans veren lisans alan\u0131n altta yatan i\u015fin transferi \u00fczerinde ROFR’a sahip olabilir) ve standstill anla\u015fmalar\u0131. T\u00fcrk \u015firket hukuku \u00f6n al\u0131m hakk\u0131n\u0131 \u00f6zellikle TTK’n\u0131n varsay\u0131lan haklar sa\u011flad\u0131\u011f\u0131 limited \u015firketler i\u00e7in ve pay sahipleri anla\u015fmalar\u0131ndaki s\u00f6zle\u015fmesel h\u00fck\u00fcmler arac\u0131l\u0131\u011f\u0131yla anonim \u015firketler i\u00e7in tan\u0131r. Sofistike haz\u0131rlama \u015funlar\u0131 ele al\u0131r: “transfer” tan\u0131m\u0131 (dolayl\u0131 transferler, ana \u015firket<\/a> de\u011fi\u015fiklikleri dahil), istisnalar (ba\u011fl\u0131 kurulu\u015flara izin verilen transferler, aile \u00fcyeleri) ve \u00fc\u00e7\u00fcnc\u00fc taraf ko\u015fullar\u0131n\u0131n kolayca tekrarlanamad\u0131\u011f\u0131 durumlarda de\u011ferleme<\/a> i\u00e7in uyu\u015fmazl\u0131k \u00e7\u00f6z\u00fcm\u00fc.<\/p>\n","protected":false},"excerpt":{"rendered":" TLDR: \u00d6n Al\u0131m Hakk\u0131 (Right of First Refusal, ROFR), sahibine, sat\u0131c\u0131 \u00fc\u00e7\u00fcnc\u00fc tarafa transfer etmeden \u00f6nce iyi niyetli bir \u00fc\u00e7\u00fcnc\u00fc taraf teklifiyle ayn\u0131 ko\u015fullarda hisse (veya di\u011fer varl\u0131klar) sat\u0131n alma se\u00e7ene\u011fi veren s\u00f6zle\u015fmesel bir hakt\u0131r. ROFR haklar\u0131 risk sermayesi destekli \u015firketlerde, ortak giri\u015fimlerde ve \u00e7e\u015fitli ticari d\u00fczenlemelerde temeldir, mevcut taraflara sahiplik\/kontrol\u00fc s\u00fcrd\u00fcrme yetene\u011fi sa\u011flar. ROFR […]<\/p>\n","protected":false},"author":4,"featured_media":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","format":"standard","meta":{"footnotes":""},"categories":[],"class_list":["post-12590","term","type-term","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/virconlegal.com\/tr\/wp-json\/wp\/v2\/term\/12590","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/virconlegal.com\/tr\/wp-json\/wp\/v2\/term"}],"about":[{"href":"https:\/\/virconlegal.com\/tr\/wp-json\/wp\/v2\/types\/term"}],"author":[{"embeddable":true,"href":"https:\/\/virconlegal.com\/tr\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/virconlegal.com\/tr\/wp-json\/wp\/v2\/comments?post=12590"}],"version-history":[{"count":1,"href":"https:\/\/virconlegal.com\/tr\/wp-json\/wp\/v2\/term\/12590\/revisions"}],"predecessor-version":[{"id":12904,"href":"https:\/\/virconlegal.com\/tr\/wp-json\/wp\/v2\/term\/12590\/revisions\/12904"}],"wp:attachment":[{"href":"https:\/\/virconlegal.com\/tr\/wp-json\/wp\/v2\/media?parent=12590"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/virconlegal.com\/tr\/wp-json\/wp\/v2\/categories?post=12590"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}ROFR Mekanikleri<\/h3>\n
ROFR vs. \u00d6n Teklif Hakk\u0131 (ROFO)<\/h3>\n
Yayg\u0131n Kullan\u0131m Alanlar\u0131<\/h3>\n