Charge / Transfer Sample Clauses

The Charge / Transfer clause establishes the conditions under which rights or interests under an agreement may be assigned, transferred, or otherwise encumbered by one party to another. Typically, this clause outlines whether prior written consent is required for such actions, and may specify exceptions or limitations, such as transfers to affiliates or in connection with a merger. Its core practical function is to control and restrict the movement of contractual rights and obligations, thereby protecting the interests of the parties and ensuring that only approved entities can assume responsibilities or benefits under the contract.
Charge / Transfer. If the separate document of title or strata title for the Property has been issued whether before on or after the date of auction sale, the Assignee shall not be required to procure a Memorandum of Transfer nor to register its charge as prescribed by the National Land Code 1965 or Sarawak Land Code or the Land Ordinance Cap. 68 of the Laws of Sabah (where applicable) in favour of the Purchaser from the Developer and/or Proprietor (as the case may be).
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Charge / Transfer. (a) If the separate document of title or strata title for the Property has been issued whether before, on or after the date of auction sale, the Assignee/Bank shall not be required to procure a transfer nor to register its charge as prescribed by the National Land Code 1965 or Sarawak Land Code (Cap. 81) or the Sabah Land Ordinance (Cap. 68) (as the case may be) in favour of the Purchaser from the Developer and/or Proprietor (as the case may be). (b) The transfer of the Property from the Developer and/or Proprietor to the Assignor or, if the Assignor is not the original purchaser, the transfer of the Property from the Developer and/or Proprietor to the original purchaser(s), the transfer of the Property from the original purchaser(s) to the Assignor and the transfer of the Property from the Assignor to the Purchaser shall be prepared and procured by the Purchaser at the Purchaser's own costs and expenses (including costs of transfer from the Developer and/or Proprietor to the Assignor or, if the Assignor is not the original purchaser, costs of transfer from the Developer and/or Proprietor to the original purchaser(s), costs of transfer from the original purchaser(s) to the Assignor and costs of transfer from the Assignor to the Purchaser) and the Purchaser undertakes to pay such sums and comply with the conditions (if any) imposed by the Developer and/or Proprietor and/or State Authorities and/or other relevant bodies pertaining to the registration of such transfer(s) of the Property. The Purchaser shall, if such separate document of title or strata title is issued before or on the date of auction sale, within thirty (30) days after the full payment of the Balance Sum or, if such separate document of title or strata title is issued after the date of auction sale, forty- five (45) days after the issuance of such separate document of title or strata title, execute and procure the execution of the Memorandum or Memoranda of Transfer in respect thereof and attend to the stamping and presentation of such Memorandum or Memoranda of Transfer for registration at the relevant authorities, failing which the Purchaser shall pay to the Assignee/Bank interest at such rate as the Assignee/Bank shall determine and to be calculated on a daily basis from the day immediately following the expiry of the said forty- five (45) day- period to the day such execution, stamping and presentation are completed. (c) The Purchaser shall be liable to all costs and expenses (including, ...
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Charge / Transfer. (a) If the separate document of title or strata title for the Property has been issued whether before, on or after the date of auction sale, the Assignee shall not be required to procure a transfer nor to register its charge as prescribed by the National Land Code 1965 or Sarawak Land Code (Cap.
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Charge / Transfer. In the event of termination of the agreement, before the agreement ceases to subsist, THE SECOND PARTY shall transfer the charge in such manner as may be prescribed by THE FIRST PARTY specifically or generally, and including, inter alia, (i) surrender, submit and transfer to THE FIRST PARTY all the papers or electronic documents, databases, software, diagrams, currency or other amounts, equipment etc. which is/was or are/were kept in the custody of THE SECOND PARTY in relation to or as an incidence of the employment of THE SECOND PARTY under this agreement, along with a written and signed statement listing the same and obtain a receipt verified by THE FIRST PARTY; (ii) make a written and signed Charge Transfer Report indicating the status of various ongoing projects with which THE SECOND PARTY is then associated with and the activities or decisions that may be reasonably expected to be undertaken by THE FIRST PARTY over the next three months; and (iii) listing, accounting for and surrendering to THE FIRST PARTY in proper manner all instruments, devices etc., including password[s], mailboxes, identity cards, biometric access right[s], access rights on various computer system[s], credit card[s], debit card[s], smart card[s], digital signature certificate[s] and the like, and any other item or instrument or document that provide THE SECOND PARTY physical or electronic access to the office[s], property, intellectual property, computer systems, databases etc. of THE FIRST PARTY, or being in the care or custody of THE FIRST PARTY or its client[s], and which have been acquired by THE SECOND PARTY in relation to or as an incidence of the employment of THE SECOND PARTY under this agreement,. In the event of any consequent cost[s], damage[s] or liability arising either from failure to transfer charge as indicated in this article, or from any act of omission or commission for which various liability devolves from THE SECOND PARTY on THE FIRST PARTY under law or under Article 17 hereof, THE SECOND PARTY indemnifies THE FIRST PARTY against the same to compensate any loss suffered by THE FIRST PARTY. THE SECOND PARTY shall effect the aforesaid Charge Transfer by the date on which the agreement would cease to subsist, either on expiration of its term of subsistence or on expiration of the notice period failing which THE SECOND PARTY shall be liable to pay THE FIRST PARTY a sum equal to two months' emoluments without prejudice to the provisions of the immediately precedin...
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Related to Charge / Transfer

  • Share Transfer 2.1 Party A shall enter into a Share Transfer Agreement (“Share Transfer Agreement”) with Party B, in accordance with the content and form of Appendix II hereto, within thirty (30) days after receiving exercise notice from Party D (“Appendix I”), in accordance with Article 2.3 of the Purchase Option Agreement, and other documents required to make change registrations at industrial and commerce authorities

  • Title Transfer For the above consideration, Seller (s) agrees to give a good and merchantable title by ▇▇▇▇, free and clear of all encumbrances except: NONE. Title to be conveyed subject to all prior restrictions, easements, conditions, encumbrances, condemnation, right of ways, joint permanent easements, covenants or restrictions of record, zoning ordinances or laws of any government authority, status of mineral rights, status of oil and gas rights, or any type leases or assignments, taxes of any type, properties in FEMA flood zone, and other matters recorded or unrecorded, known or unknown. Mobile Homes Are Sold WITHOUT TITLE. Buyer shall pay, but not limited to: HOA requirements, Buyers Occurred expense, ALL Transfer Fees and or Membership Fees, if applicable.

  • Stop Transfer The Securities are restricted securities as of the date of this Agreement. Neither the Company nor any of its Subsidiaries will issue any stop transfer order or other order impeding the sale and delivery of any of the Securities at such time as the Securities are registered for public sale or an exemption from registration is available, except as required by state and federal securities laws.

  • Servicing Transfer In the event that a successor Master Servicer is appointed pursuant to the Pooling and Servicing Agreement, from and after the effective date of such transfer of servicing, the successor Master Servicer appointed pursuant to the Pooling and Servicing Agreement, and not the former Master Servicer, shall (a) be responsible for the performance of all servicing functions to be performed from and after such date, (b) agree to be bound by the terms, covenants and conditions contained herein applicable to the Master Servicer and be subject to the duties and obligations of the Master Servicer hereunder, and (c) agree to indemnify and hold harmless the Credit Enhancement Provider from and against any and all claims, damages, losses, liabilities, costs or expenses whatsoever which the Credit Enhancement Provider may incur (or which may be claimed against the Credit Enhancement Provider) by reason of the gross negligence or willful misconduct of the successor Master Servicer in exercising its powers and carrying out its obligations under the Pooling and Servicing Agreement and the Series Supplement. Such transfer of servicing shall not affect any rights or obligations of the former Master Servicer under this Agreement that arose prior to the effective date of the transfer of servicing, except that such former Master Servicer shall have no obligation to indemnify the Credit Enhancement Provider as a result of any act or failure to act of any successor Master Servicer in the performance of the servicing functions.

  • Charge Nurse A charge nurse is an experienced nurse who is assigned the responsibility for the nursing activity and patient care on a single nursing unit for one (1) or more shifts. Nurses assigned charge responsibilities will have these additional responsibilities considered in their direct patient care assignments.