TRANSFER OF APARTMENTS Clause Samples

TRANSFER OF APARTMENTS. If you have requested to transfer from your current Apartment (“Original Apartment”) to a New Apartment and Landlord approves such transfer, you agree to remit the Transfer Fee required under the Lease Agreement prior to taking occupancy of the New Apartment. Effective on the Transfer Date (i) you shall surrender possession and turn in all keys and access devices for the Original Apartment, and any items left in the Original Apartment after the Transfer Date shall be considered abandoned and Manager may dispose of these items, pursuant to state law (ii) all references to the Premises, Bedroom, Unit No. and Apartment in the Lease Agreement and Unit Assignment Addendum shall be deemed to refer to the New Apartment. You are liable for all money owed on the Original Apartment and any damages to the Original Apartment beyond normal wear and tear, as determined solely by Manager, incurred on or before the Transfer Date. If you transfer during the Lease Term or at the start of a new Lease Term, you acknowledge that there may be a window of time when the Premises is being made ready and you agree to remain in the Original Apartment during this time until Landlord provides notice that the New Apartment is ready and assigns the Transfer Date. You agree to be available to fully vacate the Original Apartment and move into the New Apartment, and remove all items from the Original Apartment within two (2) hours’ notice that the New Apartment is ready for occupancy.
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Related to TRANSFER OF APARTMENTS

  • Transfer of Interests The Member may sell, assign, pledge, encumber, dispose of or otherwise transfer all or any part of the economic or other rights that comprise its Interest. The transferee shall have the right to be substituted for the Member under this Agreement for the transferor if so determined by the Member. No Member may withdraw or resign as Member except as a result of a transfer pursuant to this Section 7 in which the transferee is substituted for the Member. None of the events described in Section 18-304 of the Act shall cause the Member to cease to be a Member of the Company.

  • Transfer of Membership Interests (a) The Member may transfer its Membership Interest, in whole but not in part, but the transferee shall not be admitted as a Member except in accordance with Section 6.07. Until the transferee is admitted as a Member, the Member shall continue to be the sole member of the Company (subject to Section 1.02) and to be entitled to exercise any rights or powers of a Member of the Company with respect to the Membership Interest transferred. (b) To the fullest extent permitted by law, any purported transfer of any Membership Interest in violation of the provisions of this LLC Agreement shall be wholly void and shall not effectuate the transfer contemplated thereby. Notwithstanding anything contained herein to the contrary and to the fullest extent permitted by law, the Member may not transfer any Membership Interest in violation of any provision of this LLC Agreement or in violation of any applicable federal or state securities laws.

  • Transfer of Agreement Without prior written consent of the WFOE, the Existing Shareholders or the Domestic Company may not assign its rights and obligations hereunder to any third party.

  • Transfer of the Property Any sale, lease, conveyance, assignment, pledge, encumbrance, or transfer of all or any part of the Property or any interest therein, voluntarily or involuntarily, whether by operation of law or otherwise, except: (i) sales or transfers of items of the Accessories which have become obsolete or worn beyond practical use and which have been replaced by adequate substitutes, owned by Mortgagor, having a value equal to or greater than the replaced items when new; and (ii) the grant, in the ordinary course of business, of a leasehold interest in a part of the Improvements to a tenant for occupancy, not containing a right or option to purchase and not in contravention of any provision of this Mortgage or of any other Loan Document. Mortgagee may, in its sole discretion, waive a default under this paragraph, but it shall have no obligation to do so, and any waiver may be conditioned upon such one or more of the following (if any) which Mortgagee may require: the grantee’s integrity, reputation, character, creditworthiness and management ability being satisfactory to Mortgagee in its sole judgment and grantee executing, prior to such sale or transfer, a written assumption agreement containing such terms as Mortgagee may require, a principal paydown on the Note, an increase in the rate of interest payable under the Note, a transfer fee, a modification of the term of the Note, and any other modification of the Loan Documents which Mortgagee may require. NOTICE - THE DEBT SECURED HEREBY IS SUBJECT TO CALL IN FULL IN THE EVENT OF SALE OR CONVEYANCE OF THE PROPERTY CONVEYED.

  • Transfer of Funds From such funds as may be available for the purpose in the relevant Fund Custody Account, and upon receipt of Proper Instructions specifying that the funds are required to redeem Shares of the Fund, the Custodian shall wire each amount specified in such Proper Instructions to or through such bank or broker-dealer as the Trust may designate.