Standard Clauses favoring the tenant for use in a commercial lease in New York where the landlord grants the tenant a right of first refusal (ROFR) to purchase the real property where the leased premises are located. These Standard Clauses define the tenant's right of first refusal, including the landlord's rights if the tenant exercises the right to purchase the property, waives the purchase right, or fails to respond to the landlord's notice of a proposed sale of the real property. These Standard Clauses have integrated notes with important explanations and drafting and negotiating tips for the tenant and the landlord.