Note Transfers Sample Clauses
The Note Transfers clause governs the conditions under which a promissory note or similar debt instrument can be transferred from one party to another. Typically, it outlines the requirements for a valid transfer, such as the need for written consent, proper endorsement, or notification to the issuer. This clause ensures that all parties are aware of and agree to the transfer, thereby maintaining clear records of ownership and preventing unauthorized or disputed assignments.
Note Transfers. This Note may be transferred or exchanged only in compliance with applicable federal and state securities laws and regulations.
Note Transfers. On the terms and subject to the conditions set forth herein, on the Closing Date, the Type 3 Noteholder and the Type 4 Noteholder shall each sell, assign, convey, deliver and transfer to Buyer, and Buyer shall purchase from the Type 3 Noteholder and the Type 4 Noteholder, free and clear of all Claims, the Type 3 Note and the Type 4 Notes, respectively; provided that the Noteholders shall not sell to Buyer their rights to receive the amounts payable to them under the Settlement Agreement (the sale, transfer and conveyance of the Type 3 Note and the Type 4 Notes being hereinafter collectively referred to as the "Note Transfers" and individually as a "Note Transfer"). As consideration for the Note Transfers, Buyer shall, upon the terms and subject to the conditions set forth in Article VII hereof, pay to the Type 3 Noteholder and the Type 4 Noteholder the Exchange Value of the Type 3 Note and Type 4 Notes, respectively, plus the Contingent Payment allocable to such Type 3 Note or Type 4 Notes under Article IV.
Note Transfers. 11 Section 3.2 Conveyance of Type 5 Assets............................11 Section 3.3 Conveyance of Black Hawk Stock........................11 Section 3.4 Conveyance of TOGCO Stock.............................12 Section 3.5