Secondary Transfer definition

Secondary Transfer means, as of the date hereof, including, and at any time without limitation, any direct or indirect sale, transfer, assignment (including preemptive right), promise, transmission, granting of put option, exchange or any other form of trading or disposal, in the aggregate or partially, of Shares, equity interest issued by any of other entities of the Economic Group of the Company or political and/or economic rights pertaining to the Shares and/or to other entities of the Economic Group of the Company, including as a result of corporate reorganization, consolidation, spin-off, merger, merger of shares.
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Secondary Transfer means the sale of a Unit by an Owner to a third party, but excluding: (i) sales by Silver Carolina to a developer or Builder and the initial sale by a developer or Builder to a third party, and (ii) any transfer resulting from foreclosure or a deed in lieu of foreclosure.
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Examples of Secondary Transfer in a sentence

  • Any Secondary Transfer shall be null and void on a failure to pay the Secondary Transaction Share as set out herein.

  • PRC further agrees to provide ▇▇▇▇ with a copy of its New Jersey Spill Compensation and Control Secondary Transfer Certificate upon Aron’s request.

  • The council requires pupil level data to be submitted for the reasons set out below; Schools are required to co-ordinate admissions with the council at either Bulk admissions at reception (Junior) or Secondary Transfer stages.

  • Except pursuant to the Credit Documents or in connection with any Securitization Transaction or Secondary Transfer Transaction in accordance with the terms hereof the Borrower shall not enter into any Contractual Obligation prohibiting the creation or assumption of any Lien upon any of its properties or assets, whether now owned or hereafter acquired.

  • The Borrower shall not form, create, organize, incorporate or otherwise have any Subsidiaries other than as may be required to complete any Securitization Transaction or Secondary Transfer Transaction.

  • For avoidance of doubt, any Preferred Shareholder who fails to so notify within ten (10) Business Days after receipt of the Secondary Transfer Notice should be deemed to have forfeited the right hereunder to purchase any Offered Shares.

  • The Borrower or its Affiliates may from time to time execute one or more Securitization Transactions or Secondary Transfer Transactions in connection with which the Borrower proposes to create a Lien and/or assign to the Seller or to another Person, as the case may be, all or part of the Loan Assets that are the subject of the Collateral (“Financing Transaction Release”).

  • The Class A Ordinary Shares to be subscribed for by the Investor under the Share Subscription Agreement, together with the Class A Ordinary Shares purchased by the Investor from the Existing Shareholder pursuant to the Secondary Transfer Agreement, are collectively referred to hereunder as the “Subject Securities”.

  • For avoidance of doubt, any Preferred Holder who fails to so notify within ten (10) Business Days after receipt of the Secondary Transfer Notice should be deemed to have forfeited the right hereunder to purchase any Offered Shares.

  • Step Date Responsibility Task 1 By 19/09/19 Local Authority To advise parents of all known eligible children of the Secondary Transfer application process and to check their catchment Academies/Schools via “Find A School” on the GCC website.