Negotiable Form Sample Clauses
The Negotiable Form clause defines the terms under which a document, such as a contract or financial instrument, can be transferred or assigned to another party. In practice, this clause specifies the requirements for endorsement, delivery, or other formalities needed to make the document negotiable, often allowing the holder to transfer rights or obligations to others. Its core function is to facilitate the smooth transfer of interests or claims, thereby increasing flexibility and liquidity in commercial transactions.
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Negotiable Form. Whenever any Shares are to be delivered or sold pursuant to this Agreement, the person selling such Shares shall deliver such certificates or other instruments duly endorsed or accompanied by appropriate stock powers or assignments separate from the certificate or instrument.
Negotiable Form. 56 9.4 Enforcement.....................................................56 9.5
Negotiable Form. All Collateral, at the time it becomes part of the Collateral, will be in negotiable form (either in bearer form, endorsed in blank, with endorsement guaranteed, or such other form satisfactory to the Bank, suitable for immediate transfer or registration to the Bank or its nominee or at its order).
Negotiable Form. 22 9.3. Enforcement ....................................... 22 9.4. Specific Performance .............................. 22 9.5. Transferees. ...................................... 22 9.6. Notices ........................................... 22 9.7. Binding Effect; Assignment. ....................... 24 9.8. Governing Law. .................................... 24 9.9. Severability ...................................... 24 9.10.Entire Agreement. ................................. 24 9.11.Counterparts. ..................................... 24 9.12.
Negotiable Form. The Grantor hereby represents and warrants that all assets deposited in, or thereafter held in, the Trust Account shall be in such form that the Beneficiary or the Trustee, upon direction by the Beneficiary, may whenever necessary negotiate any such assets, without consent or signature from the Grantor or any other person or entity. The Grantor shall, upon execution of this Agreement, and from time to time thereafter as required, execute assignments or endorsements in blank of all securities or other property standing in the Grantor’s name which are delivered to the Trustee to form a part of the Trust Account so that, whenever necessary, the Trustee can negotiate any such asset without the consent or signature of the Grantor or any person or entity; any assets received by the Trustee which the Trustee determines are not in such proper negotiable form shall not be accepted by the Trustee and shall be returned to the Grantor as unacceptable.
Negotiable Form. Whenever any Shares are to be delivered or --------------- sold pursuant to this Agreement, the person selling such Shares shall deliver such certificates or other instruments duly endorsed or accompanied by appropriate stock powers or assignments separate from the certificate or instrument.