ACCEPTANCE AND TRANSFER OF OWNERSHIP Sample Clauses

ACCEPTANCE AND TRANSFER OF OWNERSHIP. 7.1 Unless Buyer is notified otherwise, the Aircraft shall be delivered in accordance with the provisions and schedules specified in Article 5. Embraer shall give Buyer [*****] advance facsimile notice of the week of anticipated Aircraft delivery and [*****] advance facsimile notice of the date on which Embraer considers that each Aircraft will be ready for delivery. The final notification shall be issued by Embraer to Buyer with no less than [*****] prior to the date that the Aircraft will be made available for Buyer’s inspection, which date shall be defined as the “Scheduled Inspection Date”, on which date Buyer shall promptly start inspecting such Aircraft.
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ACCEPTANCE AND TRANSFER OF OWNERSHIP. 7.1 Unless Embraer notifies Buyer otherwise, the Aircraft shall be delivered in accordance with the provisions and schedule specified pursuant to Article 5 herein. Embraer shall give Buyer [*] advance notice of the date on which Embraer considers that each Aircraft will be ready for delivery in the condition specified herein. Upon successful completion of ground and flight tests performed by Embraer, Embraer will give Buyer [*] advance notice of the day that the Aircraft concerned is ready for inspection by Buyer.
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ACCEPTANCE AND TRANSFER OF OWNERSHIP. 7.1 Unless Buyer is notified of any delay in delivery in accordance with and in conformity with the terms and conditions of this Agreement, the Aircraft shall be delivered in accordance with all of the provisions and schedules specified in Article 5 and otherwise in such condition as required under this Agreement. Embraer shall give Buyer **Material Redacted** Days advance facsimile notice of the date on which Embraer considers that each Aircraft will be ready for inspection, acceptance and subsequent delivery. Upon successful completion of ground and flight tests performed by Embraer, Buyer will receive a written confirmation of the Scheduled Inspection Date, on which date Buyer shall promptly start inspecting such Aircraft.
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ACCEPTANCE AND TRANSFER OF OWNERSHIP. 10 8. STORAGE CHARGE....................................................... 12 9.
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ACCEPTANCE AND TRANSFER OF OWNERSHIP. 7.1 Unless Buyer is notified otherwise and subject to this Agreement, the Aircraft shall be delivered in accordance with the provisions and schedules specified in Article 5 herein. Embraer shall give Buyer advance notice of the delivery of each Aircraft as follows: (a) ** .
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ACCEPTANCE AND TRANSFER OF OWNERSHIP. 7.1 Unless Buyer is notified otherwise, the Aircraft shall be delivered in accordance with the provisions and schedules specified in Article 5. Embraer shall initially give Buyer [*****] notice of the week of anticipated Aircraft delivery, such date to be no later than the Contractual Delivery Date according to Article 23 (Notices). Embraer shall then give Buyer [*****] notice according to Article 23 (Notices) of each of the weeks on which Embraer considers that each Aircraft will be ready for inspection, acceptance and subsequent delivery to the Buyer (the last Day of such notified delivery week to be no later than the Contractual Delivery Date and [*****]. The final notification shall be issued by Embraer to Buyer no less than [*****] prior to the actual date that the Aircraft will be made available for Buyer’s inspection, which date shall be defined as the “Scheduled Inspection Date”, on which date Buyer shall promptly start inspecting such Aircraft.
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ACCEPTANCE AND TRANSFER OF OWNERSHIP a. The Aircraft shall be delivered in accordance with the Delivery Schedule. Prior to the Scheduled Inspection Date, Embraer shall perform and complete the ground and flight test.
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ACCEPTANCE AND TRANSFER OF OWNERSHIP. 7.1 Unless Embraer notifies Buyer otherwise, the Aircraft shall be delivered in accordance with the provisions and schedule specified pursuant to Article 5 herein. Embraer shall give Buyer [*] advance notice of the date on which Embraer considers that each Aircraft will be ready for delivery in the condition specified herein. Upon successful completion of ground and flight tests performed by Embraer, Embraer will give Buyer [*] advance notice of the day that the Aircraft concerned is ready for inspection by Buyer. 7.2 Buyer shall be allowed a reasonable period of time to conduct a ground inspection and an acceptance flight or flights (together, the "Inspection") of each Aircraft prior to its delivery. [*] After such acceptance flight and if Buyer accepts the Aircraft in accordance with this Article 7, such Aircraft will be delivered by Embraer to Buyer in accordance with Article 6 hereof [*] 7.3 Buyer shall accept the Aircraft provided, in the reasonable determination of Buyer, the Aircraft meets the terms and conditions of this Agreement. Immediately after such acceptance, Buyer shall make the payments due, if any, with respect to such Aircraft according to Article 4 and accept delivery of such Aircraft, whereupon [*] title and risk of loss will be transferred by Embraer to Buyer and Embraer shall execute the necessary title and risk transfer documents required in order to effect title transfer, including but not limited to an FAA form Xxxx of Sale and a Warranty Xxxx of Sale substantially in the form attached hereto as Attachment "J". [*] 7.4 If Buyer declines to accept an Aircraft after its Inspection because the Aircraft failed to meet the terms of this Agreement, Buyer shall promptly give Embraer notice of all specific reasons for such refusal and Embraer shall have [*], commencing on the first Business Day after receipt of such notice, to take all necessary actions at no cost to Buyer in order to resubmit the Aircraft to Buyer for re-inspection 7.5 Subsequent to a refusal of acceptance pursuant to Article 7.4, Buyer shall inspect the Aircraft, as provided for in Article 7.2, [*] after [*] from Embraer that all necessary actions were taken ("Reinspection"). All costs of such Reinspection [*] 7.6 Should Buyer or Embraer fail to comply with the procedures specified in this Article 7, the other party shall not be held liable for any delays in delivery resulting from such failure. 7.7 Should Buyer not perform its obligations in accordance with this Articl...
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Related to ACCEPTANCE AND TRANSFER OF OWNERSHIP

  • Transfer of Ownership Trust..........................................................

  • Transfer of Possession Possession of the Property shall be transferred to Purchaser at the time of Closing subject to the Permitted Encumbrances.

  • Ownership and Transfer (a) The Company shall maintain at its principal executive offices (or such other office or agency of the Company as it may designate by notice to the holder hereof), a register for this Warrant, in which the Company shall record the name and address of the person in whose name this Warrant has been issued, as well as the name and address of each transferee. The Company may treat the person in whose name any Warrant is registered on the register as the owner and holder thereof for all purposes, notwithstanding any notice to the contrary, but in all events recognizing any transfers made in accordance with the terms of this Warrant.

  • Form of Ownership Check the appropriate box (one only) to indicate form of ownership. If the subscriber is a Custodian, Corporation, Partnership or Trust, please provide the additional information requested. o Individual o Joint Tenants with Right of Survivorship (Both signatures must appear on page 6.) o Corporation, Limited Liability Company or Partnership (Corporate Resolutions, Operating Agreement or Partnership Agreement must be enclosed.) o Trust Trustee’s Name: Trust Date: o Other: Provide detailed information in the space immediately below.

  • Instruments of Conveyance and Transfer As soon as practicable after the Closing, SELLER shall deliver a certificate or certificates representing the Shares of SELLER to PURCHASER sufficient to transfer all right, title and interest in the Shares to PURCHASER.

  • Ownership and Transfer of Shares The Trust or a transfer or similar agent for the Trust shall maintain a register containing the names and addresses of the Shareholders of each Series and Class thereof, the number of Shares of each Series and Class held by such Shareholders, and a record of all Share transfers. The register shall be conclusive as to the identity of Shareholders of record and the number of Shares held by them from time to time. The Trustees may authorize the issuance of certificates representing Shares and adopt rules governing their use. The Trustees may make rules governing the transfer of Shares, whether or not represented by certificates. Except as otherwise provided by the Trustees, Shares shall be transferable on the books of the Trust only by the record holder thereof or by his duly authorized agent upon delivery to the Trustees or the Trust's transfer agent of a duly executed instrument of transfer, together with a Share certificate if one is outstanding, and such evidence or the genuineness of each such execution and authorization and of such other matters as may be required by the Trustees. Upon such delivery, and subject to any further requirements specified by the Trustees or contained in the By-laws, the transfer shall be recorded on the books of the Trust. Until a transfer is so recorded, the Shareholder of record of Shares shall be deemed to be the holder of such Shares for all purposes hereunder and neither the Trustees nor the Trust, nor any transfer agent or registrar or any officer, employee or agent of the Trust, shall be affected by any notice of a proposed transfer.

  • Limitation on Transfer of Ownership Rights (a) No sale or other transfer of record or beneficial ownership of a Class R Certificate (whether pursuant to a purchase, a transfer resulting from a default under a secured lending agreement or otherwise) shall be made to a Disqualified Organization or an agent of a Disqualified Organization. The transfer, sale or other disposition of a Class R Certificate (whether pursuant to a purchase, a transfer resulting from a default under a secured lending agreement or otherwise) to a Disqualified Organization shall be deemed to be of no legal force or effect whatsoever and such transferee shall not be deemed to be an Owner for any purpose hereunder, including, but not limited to, the receipt of distributions on such Class R Certificate. Furthermore, in no event shall the Trustee accept surrender for transfer, registration of transfer, or register the transfer, of any Class R Certificate nor authenticate and make available any new Class R Certificate unless the Trustee has received an affidavit from the proposed transferee in the form attached hereto as Exhibit H. Each holder of a Class R Certificate by his acceptance thereof, shall be deemed for all purposes to have consented to the provisions of this Section 5.08(a).

  • Change of Ownership Contractor agrees that if there is a change or transfer in ownership of Contractor’s business prior to completion of this Contract, the new owners shall be required under terms of sale or other transfer to assume Contractor’s duties and obligations contained in this Contract and complete them to the satisfaction of County.

  • Transfers of Ownership If certificates representing shares of Parent Common Stock are to be issued in a name other than that in which the Certificates surrendered in exchange therefor are registered, it will be a condition of the issuance thereof that the Certificates so surrendered will be properly endorsed and otherwise in proper form for transfer and that the persons requesting such exchange will have paid to Parent or any agent designated by it any transfer or other taxes required by reason of the issuance of certificates representing shares of Parent Common Stock in any name other than that of the registered holder of the Certificates surrendered, or established to the satisfaction of Parent or any agent designated by it that such tax has been paid or is not payable.

  • Transfer of Control E.1.1 Transfer of control shall take place at the AoR boundary, unless otherwise specified in paragraph E.3.

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