Transfers of Assets Sample Clauses

Transfers of Assets. (1) For the term of this Loan the Borrower shall not, and the Guarantor shall ensure that no Subsidiary will do not, sell any Material Portion of Business Operations or Assets (including, for the avoidance of doubt, any direct or indirect shareholdings in Subsidiaries that constitute a Material Portion of Business Operations or Assets) in whole or in part to any third party outside the Group, other than, the disposal or transfer with proceeds equaling to the market value of the business portion or the assets remains in the Group or will be used for the purchase of assets or retire senior Indebtedness of the Guarantor and/or a Subsidiary. (2) Paragraph (1) shall not apply to any sale, lease, transfer or other disposal: (a) of minority shareholdings, (b) made in the ordinary course of trading of the disposing entity, (c) on normal commercial terms of obsolete assets or assets no longer required for the purpose of the business or operations of the relevant member of the Group, (d) assets sold pursuant to any securitisation transaction, (e) made within 365 days following the acquisition or completion of construction of such property by the Guarantor or its Subsidiaries if the Guarantor or such Subsidiary shall concurrently with such sale, lease such property, as lessee.
Transfers of Assets. Holdings will not permit any Subsidiary in the Priority Guarantor Group to, convey, sell, lease, sell and leaseback, assign, transfer or otherwise dispose of any Covered Assets, whether now owned or hereafter acquired, with a Rig Value in excess of (a) $10,000,000, for any individual transaction or series of related transactions or (b) $50,000,000 in the aggregate for all such transactions in a fiscal year, to any Subsidiary that is not in the Priority Guarantor Group, unless such Subsidiary, prior to or concurrent with such transaction, delivers Guarantor Joinder Documents to the Administrative Agent in form and substance reasonably satisfactory to the Administrative Agent; provided that no Subsidiary that is a Transitory Subsidiary Owner shall be required to deliver Guarantor Joinder Documents for so long as such Subsidiary is a Transitory Subsidiary Owner.
Transfers of Assets. The Custodian may accept a direct transfer of assets to the Account on behalf of the Participant from another custodial account or an annuity contract described in Section 403(b) of the Code to the extent permitted by the Code, the rulings thereunder, and any Employer sponsored employee benefit plan that covers the Participant or the Plan Document, if any. All transfers of assets shall be made in a manner acceptable to the Custodian and, in accordance with any rules and procedures approved by the Plan Administrator. Neither the Master Custodial Administration Agreement Administrator nor the Custodian shall be responsible for determining whether any transfer is proper.
Transfers of Assets. Section 11.08. Subject to applicable Federal and state law, the Trustees may without the vote or consent of Shareholders merge the assets of any Series of the Trust into another Series of the Trust (hereinafter a "Transfer of Assets); provided, (1) at the time of its establishment pursuant to Section 2.06, or subsequent thereto and prior to the issuance of Shares, such Series is designated by the Trustees as exempt from the requirement of a Majority Shareholder Vote as a condition precedent to a Transfer of Assets, (2) at the time of the commencement of the public offering of such Shares, the registration statement for such Shares discloses that a Transfer of Assets may take place without a Majority Shareholder Vote of the Series or Trust, or (3) the Series is one of the following Series of the Trust: Fidelity Freedom 2030 Fund, Fidelity Freedom 2020 Fund, Fidelity Freedom 2010 Fund, or Fidelity Freedom 2000 Fund. FILING OF COPIES, REFERENCES, HEADINGS
Transfers of Assets. Holdings will not permit any Subsidiary in the Priority Guarantor Group to, convey, sell, lease, sell and leaseback, assign, transfer or otherwise dispose of any Covered Assets, whether now owned or hereafter acquired, with a Rig Value in excess of (a) $10,000,000, for any individual transaction or series of related transactions or (b) $50,000,000 in the aggregate for all such transactions in a fiscal year, to any Subsidiary that is not in the Priority Guarantor Group, unless such Subsidiary, prior to or concurrent with such transaction, delivers Guarantor Joinder Documents to the Canadian Lender in form and substance reasonably satisfactory to the Canadian Lender; provided that no Subsidiary that is a Transitory Subsidiary Owner shall be required to deliver Guarantor Joinder Documents for so long as such Subsidiary is a Transitory Subsidiary Owner. 138