Multiple Transfers Clause Samples
The Multiple Transfers clause governs situations where more than one transfer of rights, assets, or obligations occurs under an agreement. It typically outlines the conditions under which multiple transfers can be executed, such as requiring notification, approval, or adherence to specific procedures for each transfer. For example, it may allow a party to transfer portions of a contract to different entities or at different times, provided certain criteria are met. The core function of this clause is to provide a clear framework for handling multiple transfers, thereby reducing ambiguity and ensuring that all parties understand their rights and responsibilities in such scenarios.
Multiple Transfers. 3 NET TANGIBLE BOOK VALUE OF THE BUSINESS..........................................10 NON-U.S. AGREEMENTS...............................................................6
Multiple Transfers. The provisions for a force giving backdated service credit under paragraph 2.1 or 2.2 above also apply to cases where an officer has since made one or more further transfers between an HD Force and the BTPF, provided such transfers were without a break in service.
Multiple Transfers. Clause XXIV Calculations and Evidence of Debt
24.1 Basis of Accrual 24.2 Quotations 24.3 Evidence of Debt 24.4 Control Accounts
Multiple Transfers. 23.8.1 In the event the Bank wishes to transfer by novation a portion of its rights, benefits and obligations under the Loan Agreement to more than one Bank, then (i) each Transferee shall be deemed a Bank hereunder to the extent of its pro rata transfer and shall be entitled to all of the benefits of the Bank under the Loan Agreement and (ii) each of the Agent, the Bank, the Borrower and each Transferee agree that the term Bank as used herein shall be interpreted to refer collectively to all such Banks or to each Bank individually, as the context shall require, as determined by the Agent in its sole discretion.
23.8.2 If at any time there are two or more Banks party to this Loan Agreement, the Borrower shall pay to the Agent for its own account an agency fee in the amount agreed between the Borrower and the Agent. The first such payment shall be made on the first date on which there are two or more Banks party to this Loan Agreement and each subsequent payment shall be made on each anniversary of such date (or, if not a Business Day, the immediately subsequent Business Day).
Multiple Transfers. Except where the transfer is in accordance with rule 12.11 and provided the contract so permits, a member may elect under this rule for different parts of the member’s fund to be transferred as described above to different schemes, provided all the member’s fund is being transferred from the arrangement.
Multiple Transfers. If less than all of the Registrable ------------------- Securities owned by Holder are transferred such that more than one Holder exists and has rights hereunder by virtue of its ownership of such Registrable Securities, then all Holders of Registrable Securities must exercise their rights hereunder jointly through Silicon Valley Bank or an affiliate of Silicon Valley Bank.