Initial Transfer. Concurrently with the execution and delivery of this Agreement, the Depositor hereby transfers to the Trust without recourse (subject to Sections 2.02 and 2.04) all of its right, title, and interest in
Initial Transfer. Within thirty (30) days of the Land Code coming into force, Canada shall transfer to the First Nation all revenue moneys collected, received or held by Canada for the use and benefit of the First Nation or its members.
Initial Transfer. The Depository hereby transfers to the Custodian, on behalf of the Public Depositor, subject to the security interest granted to the Public Depositors under 20 NCAC 07, the collateral described in Collateral Form 95, Collateral Form 96, and the Escrow Agent’s report/summary, which are all incorporated herein by reference as amended from time to time (the “Collateral”). The Depository certifies that the Collateral is Eligible Security, subject to the requirements of the Security Agreement between the Public Depositor and the Depository, and North Carolina General Statute §§ 147-79, 147- 69, and 20 NCAC 07 adopted pursuant thereto (together, the “Public Deposits Act”).
Initial Transfer. On the date hereof, Harco Leasing hereby:
Initial Transfer. The Public Depository hereby transfers to the Custodian, on behalf of the Commissioner, subject to the security interest granted to public depositors under Chapter 665a of the Connecticut General Statutes, the collateral described in Schedule 1 attached hereto (the "Collateral"). The Public Depository certifies that the Collateral is Eligible Collateral, subject to the requirements of Chapter 665a of the Connecticut General Statutes and regulations adopted pursuant thereto (together, the "Public Deposits Act").
Initial Transfer. Promptly following the Effective Date, Company will transfer to Vertex a copy of all Licensed Know-How [***] for Vertex to perform its Research Activities under the Research Plan, including any documentation (whether held in paper or electronic format and including copies of standard operating procedures or technical specifications), materials and other embodiments of Licensed Know-How.
Initial Transfer. On or prior to the Distribution Date, with the assistance of the MI Actuary, MI shall establish and communicate to B&W an amount equal to 90% of the estimated asset transfer amount attributable to the Transferred Benefit, calculated as of the Initial Transfer Date in accordance with Code Section 414(l) but based on January 1, 2009 census data and trust assets as of the last business day of the month immediately preceding the month in which the Initial Transfer Date occurs, as estimated in good faith by MI (the “Initial Transfer Amount”). Following the determination of the Initial Transfer Amount by MI, MI shall cause to be transferred from the XxXxxxxxx Pension Plan to the B&W Transferee Plan assets having an aggregate Value (as defined below) equal to the Initial Transfer Amount. As of June 1, 2010, the B&W Transferee Plan shall commence making the required benefit payments. Effective as of the Initial Transfer Date, B&W shall assume all liabilities with respect to the payment of benefits previously accrued under the XxXxxxxxx Pension Plan by the B&W Pension Beneficiaries.
Initial Transfer. On the Effective Date, the Ceding Company shall:
Initial Transfer. Notwithstanding the transfer restrictions set forth in Section 6.1(a) above, the initial Owner Participant may make one or more transfers at any time of all or any portion of its Beneficial Interest (any such transfer, an "Initial Transfer") upon the satisfaction of each of the following conditions: (i) each of the transfer conditions set forth in clauses (i), (iii), (iv), (v), (x), (xi), (xiii) of Section 6.1(a) shall have been satisfied, (ii) the transferee of the Beneficial Interest (or such portion there of) shall not be the Lessee or an Affiliate of the Lessee and (iii) the Lessee shall pay all expenses of any party to this Agreement (and any Other Owner Participant) in connection with the Initial Transfer, including but not limited to reasonable attorneys' fees; provided, however, that in the event that the initial Owner Participant elects to recalculate the payments or amounts, as the case may be, of Basic Rent, Stipulated Loss Values, Stipulated Loss Amounts, Termination Values, Termination Amounts or Early Purchase Price pursuant to Section 2.6(a) (a "Repricing"), the following additional conditions shall apply to any such Initial Transfer: (i) the Lessor, the Lessee, the Indenture Trustee at the direction of the Control Party (so long as it is the Policy Provider), the Pass-Through Trustee, the Owner Trustee, the Policy Provider shall have consented to such Initial Transfer (such consents not to be unreasonably withheld) and the Other Owner Participants shall have consented to such Repricing (such consent to be granted or withheld in the Owner Participants' respective sole discretion), (ii) such Repricing complies with Section 2.6 (as applicable) and (iii) a Rating Agency Confirmation shall have been received prior to or concurrently with such Initial Transfer. Notwithstanding anything in this Agreement or the Operative Agreements to the contrary, in connection with the Initial Transfer, the Lessor, the Lessee, the Indenture Trustee, the Pass-Through Trustee, the Owner Trustee and the Policy Provider agree to provide reasonable estoppel letters or further assurances and each of them agree to effect changes and amendments to the Operative Documents to the extent reasonably required by a purchaser(s) of the Beneficial Interest of the initial Owner Participant, including, without limitation, any changes requested in order to properly reference and reflect the execution and delivery of a tax indemnity agreement in favor of such purchaser(s); provided...
Initial Transfer. Not later than ten (10) Business Days following the Closing Date (or such later time as mutually agreed by Entergy and ITC), Entergy and ITC shall cooperate in good faith to cause an initial transfer of Assets (as determined by Entergy in its discretion, in either (x) cash or (y) in kind, with AA-rated or better cash-like securities or other cash equivalents) from the Entergy VEBA to the ITC VEBA in an amount equal (as determined in the discretion of Entergy) to not less than ninety percent (90%) and not more than ninety-five percent (95%) of the Estimated Entergy VEBA Transfer Amount (such amount, the “Initial ITC VEBA Transfer Amount”).
