OBJECT OF THE TRANSACTION Sample Clauses

The "Object of the Transaction" clause defines the specific subject matter or asset that is being bought, sold, transferred, or otherwise dealt with under the agreement. This clause typically outlines what is included or excluded from the transaction, such as particular goods, services, intellectual property, or real estate, and may reference detailed descriptions or schedules attached to the contract. By clearly identifying what is being transacted, this clause ensures both parties have a mutual understanding of the deal's scope, thereby reducing the risk of disputes over what is covered by the agreement.
OBJECT OF THE TRANSACTION. For B& D, with qualification above, the object of the transaction will be acquisition of 60% (sixty percent) of the participation in the social capital of the GLOBAL MILK.
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OBJECT OF THE TRANSACTION. Upon the terms and subject to the conditions set forth herein, and in reliance upon the representations, warranties, assurances and undertakings made herein by each Party to the other Party, the Sellers hereby agree to sell and the Purchaser hereby agrees to purchase the Shares as of the Closing Date.
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OBJECT OF THE TRANSACTION. On the Closing Date and upon the terms and subject to the conditions set forth herein, each of the Sellers shall sell and Purchaser shall purchase the Shares and Stock Options as are set forth opposite the name of such Seller on Schedule 4.1 (hereinafter referred to as the “Transaction”).
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OBJECT OF THE TRANSACTION. The Seller hereby agrees to sell and the Buyer hereby agrees to buy the Shares, consisting of 15,000 ordinary shares of capital stock of the Company, currently held by the Seller, on the terms and conditions herein set forth.
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OBJECT OF THE TRANSACTION. 2.1 Nokia hereby transfers to the Transferee, and the Transferee acquires from Nokia, for the term of this Agreement a sole, non-exclusive, non-transferable (except as described in Clause 14.2), worldwide, limited right, with no right to grant further rights or licenses, to use the Transferred Material to develop and reproduce the Transferee Product and to make Improvements or Additions to the Transferred Material and a sole, non-exclusive, non?transferable (except as described in Clause 14.2), worldwide, limited right to make, have made, use and sell the Transferee Product and Improvements and Additions to the Transferee Product. There are no implied rights included other that those expressly described in this Agreement. 2.2 Transferee hereby grants to Nokia a perpetual and unlimited license to the modifications and Additions, with rights to sublicense, use, copy and modify and with mutually accepted terms and conditions similar to this Agreement. The Transferee agrees to deliver any modification or Addition in source code format to Nokia no later than thirty (30) days after completion of any modification or Addition provided that the terms and conditions have been mutually agreed. The foregoing license is subject to the following: Nokia shall not, either directly or through any of its Affiliates, use or sublicense to a third party the modifications or Additions or Error corrections to develop, market or distribute Similar Products. 2.3 Transferee hereby grants to Nokia a royalty-free, perpetual and unlimited license to the Error corrections, with rights to sublicense, use, copy and modify and with mutually accepted terms and conditions similar to this Agreement. The Transferee agrees to deliver any Error corrections in source code format to Nokia no later than thirty (30) days after completion of any Error correction. The foregoing license is subject to the following: Nokia shall not, either directly or through any of its Affiliates, use or sublicense to a third party the modifications or Additions or Error corrections to develop, market or distribute Similar Products. 2.4 Nokia has the right (but not an obligation) to perform testing on the Transferee Product, which incorporates the Transferred Material. 2.5 The fixed assets defined in Appendix 6 will be transferred to the ownership of the Transferee on the Closing Date. 2.6 For the avoidance of doubt, both parties acknowledge that Nokia will not continue making Similar Product to Transferee Product as ...
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OBJECT OF THE TRANSACTION. The Object of the Transaction is the syndicated loan and syndicated financing facility for a sum of Rp6,002,760,000 (six billion two million seven hundred sixty thousand Rupiah) entered into by WSP and PT Bank Mandiri (Persero) Tbk; PT Bank Pembangunan Daerah Jawa Tengah; PT Bank Pembangunan Daerah Papua; PT Bank Pembangunan Daerah Sumatera Utara; PT Bank Pembangunan Daerah Jawa ▇▇▇▇▇ ▇▇▇ Banten Tbk; PT Bank Pembangunan Daerah Sulawesi Selatan ▇▇▇ Sulawesi Barat; PT Bank Syariah Indonesia Tbk; PT Sarana Multi Infrasturktur Syariah; PT Bank Aceh Syariah; PT Bank Panin Dubai Syariah Tbk; and, PT Bank Sumut Syariah.
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Related to OBJECT OF THE TRANSACTION

  • The Transactions (a) Subject to the terms and conditions of the Program Documents, Buyer hereby agrees to enter into Transactions with an aggregate Purchase Price for all Purchased Loans acquired by Buyer not to exceed the Maximum Aggregate Purchase Price. Unless otherwise agreed, Seller shall give Buyer and Custodian notice of any proposed purchase, with respect to all Mortgage Loans, prior to 5:00 p.m. (New York City time) one (1) Business Day prior to the proposed Purchase Date (the date on which any such notice is so given, the “Notice Date”), (ii) deliver a Mortgage Loan Schedule and a Mortgage Loan Transmission to Buyer and Custodian on such Notice Date, and, (iii) with respect to all Mortgage Loans other than Wet Loans, deliver the Mortgage File to Custodian in accordance with the Custodial Agreement. (b) Seller shall repurchase Purchased Loans from Buyer on each related Repurchase Date. Each obligation to repurchase exists without regard to any prior or intervening liquidation or foreclosure with respect to any Purchased Loan. Seller is obligated to obtain the Purchased Loans from Buyer or its designee (including the Custodian) at Seller’s expense on (or after) the related Repurchase Date. (c) Provided that the applicable conditions in Sections 10(a) and (b) have been satisfied, each Purchased Loan that is repurchased by the Seller on the Repurchase Date shall automatically become subject to a new Transaction unless Buyer is otherwise notified by the Seller at least one (1) Business Day prior to any such Repurchase Date; provided that if the Repurchase Date so determined is later than the Termination Date, the Repurchase Date for such Transaction shall automatically reset to the Termination Date, and the provisions of this sentence as it might relate to a new Transaction shall expire on such date. For each new Transaction, unless otherwise agreed, (y) the accrued and unpaid Price Differential shall be settled in cash on each related Repurchase Date, and (z) the Pricing Rate shall be as set forth in the Pricing Side Letter. (d) If Seller repurchases Purchased Loans on any day which is not a Repurchase Date for such Purchased Loans, Seller shall indemnify Buyer and hold Buyer harmless from any losses, costs and/or expenses which Buyer may sustain or incur arising from the reemployment of funds obtained by Buyer hereunder or from fees payable to terminate the deposits from which such funds were obtained (“Breakage Costs”), in each case for the remainder of the applicable 30 day period. Buyer shall deliver to Seller a statement setting forth the amount and basis of determination of any Breakage Costs in such detail as determined in good faith by Buyer to be adequate, it being agreed that such statement and the method of its calculation shall be adequate and shall be conclusive and binding upon Seller, absent manifest error. The provisions of this Section 3(d) shall survive termination of this Agreement and the repurchase of all Purchased Loans subject to Transactions hereunder.

  • Conditions to the Transaction 7.1 Conditions to Obligations of Each Party to Effect the Transaction. The respective obligations of each party to this Agreement to effect the Transaction shall be subject to the satisfaction at or prior to the Closing Date of the following conditions:

  • Contemplated Transactions “Contemplated Transactions” shall mean the Merger and the other transactions contemplated by the Agreement.

  • Transactions identified under Section 2 of this Agreement shall be deemed exception services ("Exception Services") when such transactions: (a) Require the Transfer Agent to use methods and procedures other than those usually employed by the Transfer Agent to perform services under Section 1 of this Agreement; (b) Involve the provision of information to the Transfer Agent after the commencement of the nightly processing cycle of the TA2000 System; or (c) Require more manual intervention by the Transfer Agent, either in the entry of data or in the modification or amendment of reports generated by the TA2000 System than is usually required by non-retirement plan and pre-nightly transactions.

  • Transaction (1) The present Settlement Agreement constitutes a transaction in accordance with Articles 2631 and following of the Civil Code of Quebec, and the Parties are hereby renouncing any errors of fact, of law and/or of calculation.