ACE Transfer Clause Samples

The ACE Transfer clause governs the conditions and procedures under which rights or obligations related to an ACE (which may refer to a specific asset, contract, or entity) can be transferred from one party to another. Typically, this clause outlines the requirements for obtaining consent, any necessary notifications, and the process for documenting the transfer. For example, it may specify that the original party must provide written notice to the counterparty before transferring their interest, or that certain approvals must be secured. The core function of this clause is to ensure that all parties are aware of and agree to any changes in the responsible party, thereby maintaining transparency and protecting the interests of all involved.
ACE Transfer. 35 Members acknowledge that ACE transfer from the Sector to another sector will only be carried 36 out in a manner authorized by NMFS and in accordance with this Agreement. If a Member seeks 37 to transfer ACE attributed to its permit to another sector, that Member shall submit an ACE 38 transfer request to the Manager at least seven (7) days in advance of the desired transfer 39 date. Transfer requests to be completed sooner than seven (7) days may be accepted by the 40 Manager and approved on a case-by-case basis. Such transfer request must receive approval of 41 the Board and will only be transmitted to NMFS after such Board approval. An ACE transfer from 42 the Sector will only be finalized after NMFS approval and all parties are notified. Any ACE transfer 43 must adhere to any internal transfer policies. This provision should be considered exclusive to 44 the administration of the Sector and would therefore not be subject to NMFS enforcement.
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ACE Transfer. 37 Members acknowledge that ACE transfer from the Sector to another sector will only be carried 38 out in a manner authorized by NMFS and in accordance with this Agreement. If a Member seeks 39 to transfer ACE attributed to its permit to another sector, that Member shall submit an ACE 40 transfer request to the Manager at least seven (7) days in advance of the desired transfer 41 date. Transfer requests to be completed sooner than seven (7) days may be accepted by the 42 Manager and approved on a case-by-case basis. Such transfer request must receive approval of 43 the Board and will only be transmitted to NMFS after such Board approval. An ACE transfer from 44 the Sector will only be finalized after NMFS approval and all parties are notified. Any ACE transfer 1 must adhere to any internal transfer policies. This provision should be considered exclusive to 2 the administration of the Sector and would therefore not be subject to NMFS enforcement.
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ACE Transfer. 7 Members acknowledge that ACE transfer from the Sector to another sector will only be carried 8 out in a manner authorized by NMFS and in accordance with this Agreement. If a Member seeks 9 to transfer ACE attributed to its permit to another sector, that Member shall submit an ACE 10 transfer request to the Manager at least seven (7) days in advance of the desired transfer
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Related to ACE Transfer

  • Title Transfer For the above consideration, Seller (s) agrees to give a good and merchantable title by ▇▇▇▇, free and clear of all encumbrances except: NONE. Title to be conveyed subject to all prior restrictions, easements, conditions, encumbrances, condemnation, right of ways, joint permanent easements, covenants or restrictions of record, zoning ordinances or laws of any government authority, status of mineral rights, status of oil and gas rights, or any type leases or assignments, taxes of any type, properties in FEMA flood zone, and other matters recorded or unrecorded, known or unknown. Mobile Homes Are Sold WITHOUT TITLE. Buyer shall pay, but not limited to: HOA requirements, Buyers Occurred expense, ALL Transfer Fees and or Membership Fees, if applicable.

  • Free Transfer 1. Each Contracting Party after the fulfillment of requirements under the domestic laws, shall without delay to investors of the other contracting party to make the transfer of funds related to investments in a freely convertible currency, in particular, though not exclusively: a) Income, dividends, profits and other income; b) The capital or the proceeds of the total or partial sale or liquidation of an investment; c) The proceeds of the settlement of a dispute; and compensation pursuant to articles 6 and 7. Transfers shall be made in accordance with the rate of exchange prevailing on the date of transfer, according to the Law of the Contracting Party which has admitted the investment.

  • Stop Transfer The Securities are restricted securities as of the date of this Agreement. Neither the Company nor any of its Subsidiaries will issue any stop transfer order or other order impeding the sale and delivery of any of the Securities at such time as the Securities are registered for public sale or an exemption from registration is available, except as required by state and federal securities laws.

  • Charge / Transfer If the separate document of title or strata title for the Property has been issued whether before on or after the date of auction sale, the Assignee shall not be required to procure a Memorandum of Transfer nor to register its charge as prescribed by the National Land Code 1965 or Sarawak Land Code or the Land Ordinance Cap. 68 of the Laws of Sabah (where applicable) in favour of the Purchaser from the Developer and/or Proprietor (as the case may be).

  • Asset Transfer As consideration for the indemnity reinsurance of the General Account Liabilities by Reinsurer hereunder, Cedent hereby agrees to transfer to Reinsurer in accordance with the terms of the Acquisition Agreement (i) investment assets having a statutory statement carrying value on the books of Cedent equal to (a) the General Account Liabilities as of the close of business on the last day of the month preceding the month in which the Effective Date falls plus (b) the amount of the participating surplus with respect to the Coinsured Contracts as of such date less (c) the amount of any contract loans under the Coinsured Contracts as of such date and less (d) the amount of the General Account Other Insurance Assets as of such date and (ii) the General Account Other Insurance Assets as of the close of business on the last day of the month preceding the month in which the Effective Date falls. As additional consideration for the assumption of the General Account Liabilities by Reinsurer, Reinsurer shall be entitled to 100% of all premiums, deposits and other considerations to the extent received on or after the Effective Date by Cedent or Reinsurer with respect to the general account portion of the Coinsured Contracts net of reinsurance premiums and all other amounts payable on or after the Effective Date with respect to the Outward Reinsurance. Cedent shall promptly remit to Reinsurer (but in no event later than 72 hours following the receipt of any such premiums, deposits and other considerations) any such amounts received by it in respect of any of the Coinsured Contracts and hereby assigns to Reinsurer all of its rights to such premiums, deposits and other considerations payable to Cedent.