Management Transfer definition

Management Transfer means the appointment of a new Manager in accordance with clause 20.
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Management Transfer has the meaning ascribed to it in Section 8.02(f) of this Agreement;
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Management Transfer means transfer of management responsibility of Project schemes for whole or part of the system to the WMOs (as hereinafter defined);
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Examples of Management Transfer in a sentence

  • Notwithstanding anything in this Agreement to the contrary, L Brands shall be allocated any and all Cash Management Transfer Taxes.

  • Subject to the Management Transfer (as defined below) required pursuant to Section 3(b) below, the initial allocation of such shares of Common Stock among the Members shall be as set forth on Exhibit F, and the Members confirm and agree to such initial allocation.

  • As of the Date of Management Transfer, the following circumstances are exceptions: the Target Company’s subsidiaries, branches and schools have not obtained relevant training qualification and the Target Company’s Shanghai subsidiaries are subject to administrative penalty by relevant competent authorities and are ordered to make additional payment as the educational consultation business had not been included in their business license.

  • Establish a partnership to cooperatively manage the public land resources in the Snake River Corridor (SRC) between the south line of the Grand Teton National Park and the South Park Bridge (see attached planning area map) for public recreation access and wildlife habitat as guided by the 2008 Snake River Ownership / Management Transfer Plan (SROMTP).

  • Other than as contemplated herein, the Vendor is not required to obtain the consent of, or make any registration, declaration or fili ng with, any governmental entity (other than filings under the Foreign Exchange Management (Transfer or Issue of Security by a Person Resident Outside India) Regulations, 2000) in connection with the execution and delivery of this Agreement or the performance by it of its obligations hereunder.

  • The terms and conditions of the transfer of H/SIC's management of the H/SIC Properties to Royale are set forth on Exhibit "H/SIC Management Transfer" attached hereto.

  • The main objectives of the Irrigation Management Transfer Sub-Activity are: (A) establishment of fully-functional WUAs with the capacity to effectively manage and maintain the rehabilitated systems; and (B) legal transfer of management responsibilities from the Government to those WUAs through management transfer agreements (“MTAs”).

  • The transfer of the Other Sale Shares to the Acquirer are in accordance with Applicable Laws, including but without limitation, the Applicable Laws governing or regulating foreign direct investment in Indian companies, and is under the ‘automatic route’ for foreign investments under the extant foreign investment policy of the Government of India read with Foreign Exchange Management (Transfer or Issue of Security by a Person Resident Outside India) Regulations, 2000.

  • The target of the Target Equity held by Party B transferred to Party A shall include all liabilities and contingent liabilities of the Target Company and its subsidiaries, branches and schools up to the Date of Management Transfer, but excluding the potential administrative penalties, litigations and arbitrations under Article 7 of this Agreement.

  • The Subsidiary is required to prepare and file an Annual Return in the prescribed format, in terms of the Foreign Exchange Management (Transfer or issue of any foreign security) Regulations, 2004, to the Reserve Bank of India vide the authorized dealer bank.


More Definitions of Management Transfer

Management Transfer means any transaction or series of transactions, by operation of law or otherwise, with the result that (I) Hotel Manager has conveyed a greater than fifty percent (50%) ownership interest in the Management Agreement to a Person who is not a Closely Held Affiliate of Hotel Manager or (2) a Controlling Interest of the Hotel Manager is conveyed to a Person who is not a Closely Held Affiliate of the Hotel Manager. The term “Management Transfer- shall not, however, include (i) the transfer of stock of a Public Company on a stock exchange or equivalent (e.g., NASDAQ) in the ordinary course of business or (ii) the merger of one Public Company into another Public Company, provided that (A) the surviving entity is a Public Company and a Permitted Operator and (B) this sentence is subject to and shall not limit the provisions of Section 4.2(a) hereof. In addition, the term “Management Transfer” shall not include (i) a transfer of all of the stock of the ultimate parent company of the Hotel Manager to another Person or (ii) the transfer of all of the assets of the ultimate parent company of the Hotel Manager to another Person; provided, that (A) in the case of the event described in the preceding clause (i), such parent company continues to be operated as a separate entity and remains a Permitted Operator, (13) in the case of the event described in the preceding clause (ii), the transferee organizes all of such transferred assets into a separate entity which remains a Permitted Operator, and (C) in either case, this sentence is subject to and shall not limit the provisions of Section 4.2(a) hereof.
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Management Transfer status means that a household is awarded the highest priority for rehousing and would be offered a suitable alternative home as soon as one became available. This is outside the usual choice-based lettings system, meaning the household does not have to place bids and compete with other households for available properties.
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Related to Management Transfer

  • Document Transfer Event As defined in the Pooling and Servicing Agreement.

  • Replacement Transaction means, with respect to any Terminated Transaction or group of Terminated Transactions, a transaction or group of transactions that (i) would have the effect of preserving for Party B the economic equivalent of any payment or delivery (whether the underlying obligation was absolute or contingent and assuming the satisfaction of each applicable condition precedent) by the parties under Section 2(a)(i) in respect of such Terminated Transaction or group of Terminated Transactions that would, but for the occurrence of the relevant Early Termination Date, have been required after that Date, and (ii) has terms which are substantially the same as this Agreement, including, without limitation, rating triggers, Regulation AB compliance, and credit support documentation, save for the exclusion of provisions relating to Transactions that are not Terminated Transaction, as determined by Party B in its sole discretion, acting in a commercially reasonable manner.

  • Subsequent Transfer Instrument: Each Subsequent Transfer Instrument, dated as of a Subsequent Transfer Date, executed by the Trustee and the Depositor substantially in the form attached hereto as Exhibit I, by which Subsequent Loans are transferred to the Trust Fund.

  • Payment Transaction means an act, initiated by the payer or on his behalf or by the payee, of placing, transferring or withdrawing funds, irrespective of any underlying obligations between the payer and the payee;

  • Post-Event Transferee shall have the meaning set forth in Section 7(e) hereof.