"Right of way" means either of the following, as the context requires:
(a) The right of a vehicle or pedestrian to proceed uninterruptedly in a lawful manner in the direction in which it, he or she is moving in preference to another vehicle or pedestrian approaching from a different direction into its, his or her path;
(b) A general term denoting land, property or the interest therein, usually in the configuration of a strip, acquired for or devoted to transportation purposes. When used in this context, "right of way" includes the roadway, shoulders or berm, ditch and slopes extending to the right of way limits under the control of the State or the Municipality. (ORC 4511.01(UU))