Second Transfer definition
Second Transfer means that number of shares of AMSC Common Stock equal to 8,614,244 minus the number of shares of AMSC Common Stock in the First Transfer.
Second Transfer has the meaning set forth in Section 5.4 of the Disclosure Letter;
Second Transfer the conveyance of the J▇▇▇▇▇▇ Project 2 Farm-out Interests from 80 Mile to March GL in accordance with the terms and conditions of this Agreement.
Examples of Second Transfer in a sentence
As consideration for the Second Transfer to March GL, March GL shall (to the extent it has not done so already), fund all costs and expenses incurred or to be incurred in respect of the J▇▇▇▇▇▇ Project 2 and/or J▇▇▇▇▇▇ Project 2 Farm-out Interests (including but not limited to those incurred or to be incurred in respect of satisfying the Second Conditions).
Completion Documents: such documents, in agreed form, as are necessary to effect the First Transfer and Second Transfer (to the extent applicable).
Each Party acknowledges that, other than the Warranties set out in therein, neither Party makes any other warranties or representations of any nature whatsoever in relation to the First Transfer and/or the Second Transfer (as applicable).
More Definitions of Second Transfer
Second Transfer. The Seller will then transfer 100% of the HK SPV to the Buyer for a price equal to US$ equivalent to RMB600 million. Upon completion of the second transfer, the Buyer will hold the 26% interest in the Target through the HK SPV. (Chart 1: Transaction Steps)
Second Transfer has the meaning set forth in Section 2.1(a).