Transaction Interest definition

Transaction Interest means a Participating Interest of up to 20% Participating Interest of the Farmor interest, or less than 20% pursuant to the Article 13.4 of this Agreement , rights and obligations in the Contract, the JOA and other Documents.
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Transaction Interest means a legal, beneficial or economic interest acquired or to be acquired expressly and specifically in or in relation to the financing of the Project, whether as initial lender/investor/participant or any other party with an interest in the Project by way of assignment, transfer, novation or any other similar method.
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Examples of Transaction Interest in a sentence

  • Each Seller shall execute and deliver such further instruments of conveyance and transfer and take such additional action as Buyer may reasonably request to effect, consummate, confirm or evidence the transfer to Buyer of the Transaction Interest, and any other transactions contemplated hereby.

  • Sellers are holder of the Transaction Interest as set forth in the Recitals, and at the Closing Sellers will transfer to Buyer, valid and marketable title to such interests, in each case free and clear of any Liens.

  • If executed, such capitalization shall be completed before Closing and any all shares issued in favor of Sellers shall be included in the Transaction Interest and therefore, transferred in favor of Buyer on Closing.

  • The Company agrees that it will immediately cease and cause to be terminated any existing activities, discussions or negotiations with any parties conducted heretofore with respect to any Extraordinary Transaction Interest.

  • Subject to the terms and conditions set forth in this Agreement, Buyer desires to buy and acquire from Sellers, and Sellers desire to sell and transfer to Buyer: (i) the Transaction Interest, so that following such transfers, the entire interest owned by Sellers in the Company will be owned by Buyer; and (ii) the Subsidiaries’ Interest, so that following the Transaction Interest’ transfer, the entire interest owned by the Company in its Subsidiaries will be indirectly owned by Buyer.

  • The relationship between parties, the assignment and the transfer of the Transaction Interest shall take place pursuant to the Colombian law and this farmout agreement.

  • The Assignment of such Transaction Interest shall be executed within 30 days after the satisfaction of the Consideration for such Transaction Interest by the Farmee, and Farmor shall deliver the Assignment within 15 days to the Government for approval.

  • At the time of the conclusion of the present Contract, the following shall be payable on the overdue principal debt: Transaction Interest + 8.0 %/annum, and on all other debts: the prevailing base rate of the Central Bank of Hungary + 8% per annum.

  • Interest based on the Transaction Rate Option will be fixed for periods of N/A (each a "Transaction Interest Period").

  • Type Of Transaction: Interest Rate Swap Notional Amount: USD 100,000,000.00 and then adjusting in accordance with Section 2.5 of the Credit Agreement.