Approved Transfer definition
Examples of Approved Transfer in a sentence
The obligations of each Member with respect to the Approved Transfer of the Company are also subject to the satisfaction of the following conditions: (i) upon the consummation of the Approved Transfer of the Company, all of the Members shall receive the same form and amount of consideration for the Member Units and Interests as all other holders of the same class of Member Units and Interests, and (ii) the price per Member Unit and Interest shall be payable in cash or freely tradable securities.
Within ninety (90) days following the date on which the Company’s board of directors approves an Approved Transfer (the “Repurchase Period”), the Company may exercise the Repurchase Option by written notice delivered or mailed to the relevant Restricted Holder.
Contractor shall load Solid 338 Waste into Transfer trailers in a manner that reasonably minimizes the volume of traffic between the 339 Approved Transfer Facility and Landfill or Approved Processing Facility.
The Extension Rights are personal to Tenant and are not assignable separate and apart from this Lease, except that they may be assigned in connection with any Approved Transfer, as defined in Section 22 of this Lease.
Following any Permitted Transfer under clause (ii) of Section 22.2 below, any Approved Transfer, or any Assignment consented to by Lessor pursuant to this Section 22.1, the assignor thereunder shall be released from liability under this Lease, the Path of Travel License, and the Parking License.