Transferred Interest. If a portion of a Partnership Interest is transferred in accordance with the terms of this Agreement, any Available Cash with respect to such transferred Partnership Interest for the period up to the date on which the Partnership Interest was transferred shall be distributed to the Person who owned such interest or partial interest immediately prior to such transfer.
Transferred Interest. See § 18.9.
Transferred Interest. (a) On or after January 1, 2014, but in no event later than January 15, 2014 (the “Transfer Date”), NewCo will transfer all of its right, title and interest in Leasing LLC to the Company (the “Transferred Interest”). The fair market value of the Transferred Interest on the Transfer Date shall be equal to or greater than the Agreed Value. The Company shall credit Newco’s Capital Account by the fair market value of the Transferred Interest.
Transferred Interest. The term “Transferred Interest” has the meaning set forth in Section 1.02(a).
Transferred Interest. 8 2.2 Charlotte Loan ................................................ 8 2.3 Instruments of Conveyance, Transfer and Assumption and Release ..................................................... 8 (a) Instruments of Conveyance and Transfer ................ 8 (b)
Transferred Interest. Subject to the terms and conditions of this Agreement, at the Closing, the Blockbuster Subsidiary shall assign, sell, transfer, convey and deliver to the PACE Subsidiary, and the PACE Subsidiary shall purchase, acquire and accept from the Blockbuster Subsidiary, the Transferred Interest, free and clear of all Encumbrances other than any Permitted Encumbrances. Upon consummation of the transactions contemplated by this Agreement, the Blockbuster Subsidiary will not own any rights or interests, directly or indirectly, in the Transferred Interest, or to any other securities or interests of Pavilion Partnership or Sony/Block Partnership or have any option, warrant or other right to acquire any such interests or securities.
Transferred Interest. 86 SECTION 13.1. Performance of Basic Documents..........................................................86 SECTION 13.2. Location of Records, etc................................................................86 SECTION 13.3. Further Assurances......................................................................87 SECTION 13.4. Notice of Defaults under Basic Documents................................................87
Transferred Interest. This Agreement, together with the filing of -------------------- the UCC-1s provided for in Section 4.1(i) and such further action as is required -------------- under the UCC to perfect the security interest of the Administrative Agent in the portion of the Transferred Interest consisting of money, securities or instruments, is effective to create in favor of the Administrative Agent for the ratable benefit of the Purchasers, a valid, perfected security interest in the Transferred Interest, other than any True Lease Equipment, free and clear of all Liens, except for the Liens and security interests granted pursuant to the Basic Documents, and is enforceable as such against creditors of and purchasers from the Transferor, except to the extent enforceability of such Lien may be limited by applicable bankruptcy, insolvency, moratorium or other similar laws affecting creditors' rights generally.
Transferred Interest. A Permitted Transferee shall be entitled to become a substituted Member in Chaparral in respect of the applicable Transferred Interest without any further act on the part of any other Member or the Managing Member being required. Any Permitted Transferee of 100% of the Primary Class B Member's Interest shall become the successor Managing Member hereunder without any further act on the part of any other Member being required.
Transferred Interest. The foregoing definition and the other provisions of this Agreement relating to the maintenance of Capital Accounts are intended to comply with Treasury Regulations Section 1.704-1(b), as amended or any successor thereto, and shall be interpreted and applied in a manner consistent with such Treasury Regulations.
