Timely Transfer Clause Samples
The Timely Transfer clause establishes the obligation for one party to transfer assets, funds, or documents to another party within a specified period. In practice, this clause sets clear deadlines for when the transfer must occur, such as delivering payment within 30 days of invoice receipt or transferring ownership of goods upon completion of certain milestones. Its core function is to ensure predictability and efficiency in transactions by preventing unnecessary delays and providing a clear timeline for the fulfillment of transfer-related obligations.
Timely Transfer. The successful candidate will be transferred to the posted position within thirty (30) working days of being awarded the position. If this cannot occur, the Company will notify the Union. Upon successful completion of the trial period, the candidate will be paid the wage increase that would have occurred had the employee been transferred at the thirty-day point, if applicable.
Timely Transfer. If the Company shall not exercise its first right of refusal as aforesaid, the Offering Shareholder shall be free to Transfer said Shares, however, such Transfer shall be made solely for the price, terms, or other consideration set forth in said notice and in accordance with the documents attached thereto. The Offering Shareholder shall provide reasonable evidence concerning the Transfer upon request, from time to time. If the Transfer is not so made, the Shares shall again be subject to all the restriction contained in this Agreement.