Consensual Transfer definition

Consensual Transfer means a Transfer of the Property or any of its rights or obligations hereunder by the Developer that requires written consent of the City, as set forth in Article 8 of this Agreement.
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Consensual Transfer means a Transfer that a Member willingly initiates or desires to make of the Member’s Interest in the Company.
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Examples of Consensual Transfer in a sentence

  • This Consensual Transfer Agreement and all rights and duties of the parties hereunder shall be governed by and construed in accordance with the laws of the Commonwealth of Pennsylvania.

  • Wage data used by the Employer and/or Union in identifying such classifications shall be data reflecting prevailing wage rates in the proximate area for similarly situated job classifications.

  • This Consensual Transfer Agreement requires no parol evidence in order to reflect the intention of the parties, and the parties intend the literal words of this Consensual Transfer Agreement to govern the transfers and transactions described herein.

  • Time is of the essence in every provision of this Consensual Transfer Agreement and each of the Transfer Documents.

  • NCHP intends this Consensual Transfer Agreement to have the meaning and effect as provided by its express terms, rather than some other effect not stated herein.

  • This Consensual Transfer Agreement is made and entered into for the protection and benefit of the parties hereto and their successors and assigns, and no other person or entity shall be a direct or indirect beneficiary of or have any direct or indirect cause of action or claim in connection with this Consensual Transfer Agreement or any Transfer Document.

  • Each of the parties hereto represents and warrants that there are no side deals or arrangements, agreements, whether providing for compensation or otherwise, connected with the transfer and transactions contemplated herein, other than those agreements which are specifically set forth in this Consensual Transfer Agreement and the Transfer Documents (as hereafter defined).

  • To the extent that Buyer is provided the benefits pursuant to this Section 8.1 of any Contract, Buyer shall perform for the benefit of the other parties thereto the obligations of Seller or a Subsidiary of Seller, as the case may be, thereunder and pay, discharge and satisfy any related Liabilities that, but for the lack of a Consensual Transfer, would be Assumed Liabilities.

  • This Consensual Transfer Agreement may be executed in counterparts, with each counterpart constituting an original document, and all counterparts constituting one Consensual Transfer Agreement.

  • As a consequence of each of the transfers and transactions described in this Consensual Transfer Agreement, KBA must file with the Internal Revenue Service ("IRS") a Form 1099-Acquisition or Abandonment of Secured Property, which (among other things) requires KBA to state the actual fair market value of the Property and Assets, which will be significantly less than the amount of indebtedness under the Notes which indebtedness is to be satisfied by such transfers and transactions.

Related to Consensual Transfer

  • Lateral transfer or "transfer" - refers to the movement of an employee from one position to another which does not constitute a demotion or promotion;

  • Signal Transfer Point (STP) performs a packet switching function that routes signaling messages among Service Switching Points (SSP), Service Control Points (SCP), Signaling Points (SP), and other STPs in order to set up calls and to query databases for Advanced Services.

  • Transfer Event means (i) a transfer of the ownership of a project, (ii) the sale or assignment of a partnership interest in a project owner and/or (iii) the refinancing of secured debt on a project. The following shall not be deemed a Transfer Event: (i) the transfer of the project or a partnership or membership interest in a project owner in which reserves remain with the project and the debt encumbering the project is not increased, refinanced or otherwise modified, (ii) the refinancing of project debt which does not increase the outstanding principal balance of the debt other than in the amount of the closing costs and fees paid to the project lender and third parties as transaction

  • Non-Transfer Event means any event or other changes in circumstances other than a purported Transfer, including, without limitation, any change in the value of any Shares.

  • Transfer of Control means, with respect to an eNote, a MERS eRegistry transfer transaction used to request a change to the current Controller of such eNote.