Division of Marital Property Sample Clauses

Division of Marital Property. In the event the marriage is terminated, all marital property: (Check one) ☐ Shall be divided between the Parties with the First Party receiving __________% of the marital property and the Second Party receiving __________% of the marital property. ☐ Is subject to division as determined by the jurisdiction whose law governs the construction of this Agreement.
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Division of Marital Property. In the event the marriage is terminated, all marital property is subject to division as determined by the jurisdiction whose law governs the construction of this Agreement.
Division of Marital Property. In the event the marriage is terminated, all marital property: Shall be divided between the Parties with the First Party receiving 60% of the marital property and the Second Party receiving 40% of the marital property.
Division of Marital Property. 10.4.1 Each Party hereby grants to the other Parties, a call option entitling such other Parties to purchase pro rata to their respective holdings of Shares, the relevant Securities of the first-named Party, if the first-named Party ceases to own, hold or retain such relevant Securites following a division of marital property (Sw. bodelning), enforcement, court order or for any other reason (other than as permitted hereunder). The purchase price for the Securities shall equal the Fair Market Value of such Securities, determined in accordance with Section 11, if necessary. The call option shall be exercised by any of the other Parties submitting a written notice to the selling Party. Where a Party does not wish to participate in the purchase, the other Parties shall be entitled to purchase in lieu thereof pro rata to their respective holdings of Shares. The purchase shall take place not later than two (2) months after the day on which the request for purchase was made.

Related to Division of Marital Property

  • Location of Improvements; No Encroachments All improvements which were considered in determining the Appraised Value of the Mortgaged Property lay wholly within the boundaries and building restriction lines of the Mortgaged Property, and no improvements on adjoining properties encroach upon the Mortgaged Property. No improvement located on or being part of the Mortgaged Property is in violation of any applicable zoning law or regulation;

  • Project or Building Name and Signage Landlord shall have the right at any time to change the name of the Project or Building and to install, affix and maintain any and all signs on the exterior and on the interior of the Project or Building as Landlord may, in Landlord’s sole discretion, desire. Tenant shall not use the name of the Project or Building or use pictures or illustrations of the Project or Building in advertising or other publicity or for any purpose other than as the address of the business to be conducted by Tenant in the Premises, without the prior written consent of Landlord.

  • Foreign-Owned Companies in Connection with Critical Infrastructure If Texas Government Code, Section 2274.0102(a)(1) (relating to prohibition on contracts with certain foreign-owned companies in connection with critical infrastructure) is applicable to this Contract, pursuant to Government Code Section 2274.0102, Contractor certifies that neither it nor its parent company, nor any affiliate of Contractor or its parent company, is: (1) majority owned or controlled by citizens or governmental entities of China, Iran, North Korea, Russia, or any other country designated by the Governor under Government Code Section 2274.0103, or (2) headquartered in any of those countries.

  • Protection of Site from encroachments During the Concession Period, the Concessionaire shall protect the Site from any and all occupations, encroachments or Encumbrances, and shall not place or create nor permit any Contractor or other person claiming through or under the Concessionaire to place or create any Encumbrance or security interest over all or any part of the Site or the Project Assets, or on any rights of the Concessionaire therein or under this Agreement, save and except as otherwise expressly set forth in this Agreement.

  • Selection of Subcontractors, Procurement of Materials and Leasing of Equipment The contractor shall not discriminate on the grounds of race, color, religion, sex, national origin, age or disability in the selection and retention of subcontractors, including procurement of materials and leases of equipment. The contractor shall take all necessary and reasonable steps to ensure nondiscrimination in the administration of this contract.

  • LOCATION AND DESCRIPTION OF THE PROPERTY The subject property is a service apartment unit bearing postal address of No. B-04-09, Block B, Apartment Dwi Danga, Xxxxx Xxxxxx, Xxxxxxx Xxxxxx Xxxxx, 00000 Xxxxx Xxxxx, Xxxxx Xxxxx Xxxxxx.

  • Possession of Intellectual Property The Company and its subsidiaries own or possess, or can acquire on reasonable terms, adequate patents, patent rights, licenses, inventions, copyrights, know-how (including trade secrets and other unpatented and/or unpatentable proprietary or confidential information, systems or procedures), trademarks, service marks, trade names or other intellectual property (collectively, “Intellectual Property”) necessary to carry on the business now operated by them, and neither the Company nor any of its subsidiaries has received any notice or is otherwise aware of any infringement of or conflict with asserted rights of others with respect to any Intellectual Property or of any facts or circumstances which would render any Intellectual Property invalid or inadequate to protect the interest of the Company or any of its subsidiaries therein, and which infringement or conflict (if the subject of any unfavorable decision, ruling or finding) or invalidity or inadequacy, singly or in the aggregate, would result in a Material Adverse Effect.

  • Title to Company Property All property owned by the Company, whether real or personal, tangible or intangible, shall be deemed to be owned by the Company as an entity, and no Member, individually, shall have any ownership of such property. The Company may hold its property in its own name or in the name of a nominee which may be the Board or any of its Affiliates or any trustee or agent designated by it.

  • DESCRIPTION OF THE PROPERTY 13.1 The Property as referred to in the Proclamation of Sale shall be deemed to have been correctly and sufficiently described.

  • DESCRIPTION OF QUALIFIED PROPERTY The Qualified Property that is subject to the Tax Limitation Amount is described in EXHIBIT 4, which is attached hereto and incorporated herein by reference for all purposes. Property which is not specifically described in EXHIBIT 4 shall not be considered by the District or the Appraisal District to be part of the Applicant’s Qualified Property for purposes of this Agreement, unless by official action the Board of Trustees provides that such other property is a part of the Applicant’s Qualified Property for purposes of this Agreement in compliance with Section 313.027(e) of the TEXAS TAX CODE, the Comptroller’s Rules, and Section 10.2 of this Agreement.

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