Transfer Assets definition

Transfer Assets means (a) when referring to the Company, the conveyance, transfer, lease or other disposition (whether in one transaction or in a series of transactions) of all or substantially all of the assets of the Company or of the Company and its Subsidiaries taken as a whole, and (b) when referring to a Subsidiary, the conveyance, transfer, lease or other disposition (whether in one transaction or in a series of transactions) of all or substantially all of the assets of such Subsidiary.
Transfer Assets. Means the assets of the Company which the WFOE has the right to request the Company to transfer to it and/or its designated entity and/or individual when the WFOE exercises the Asset Purchase Option according to Article 3 hereof, which may be part or all of the assets of the Company and will be determined by the WFOE in its sole discretion according to the current PRC Laws and its own business consideration.

Examples of Transfer Assets in a sentence

  • The subject of this BRI National Technical Assessment is the Ultra dB system (product type designation) of polypropylene (PP) pipes and fittings for indoor low-noise sewage systems.The pipes and fittings of Ultra dB system are manufactured by: Magnaplast Sp. z o.o., Sieniawa Żarska 69, 68-213 Lipinki Łużyckie, Gebr.

  • In the event of any such liability being assumed or transferred to Concessioning Authority or its nominee or any Encumbrance existing on any of the Transfer Assets, the quantum of such liability and / or amount corresponding to such Encumbrance, shall be compensated by Concessionaire to Concessioning Authority.

  • Each of the parties hereto agrees that the Delayed Transfer Assets will be assigned, transferred, conveyed and delivered, and the Delayed Transfer Liabilities will be assumed, in accordance with the terms of the agreements that provide for such assignment, transfer, conveyance and delivery, or such assumption, after the date of this Agreement or as otherwise set forth on Schedule 1.1(c).

  • Enter upon and take possession and control of the Project Facility and Project Site forthwith as per the provisions of Clause 7.6 (Hand back of Transfer Assets) of this Agreement.

  • The Parties understand that the sell and purchase of the Transfer Assets under this Agreement shall for the interest of the Parties; and the Parties acknowledge that the consideration, which is full, non-gratuitous and made with good faith, for the execution and the performance of this Agreement, has been accepted by the Parties.


More Definitions of Transfer Assets

Transfer Assets. Not, after the date hereof, sell, contract for sale, convey, transfer, assign, lease or sublet, any of its assets (including, but not limited to, the Collateral) except in the Ordinary Course of Business and, then, only for full, fair and reasonable consideration.
Transfer Assets means when the WFOE exercises its Assets Purchase Option, it is entitled to require the Company to transfer the assets of the Company to it and/or its designated entity and/or individual in accordance with the provisions of Section 3 of this Agreement. It may be all or part of the Company Assets, and shall be freely determined by the WFOE in accordance with the PRC laws and its own commercial considerations.
Transfer Assets means the sale or assignment to another person of any of the interest in an asset or assets. It does not include the transfer of pension plan or other retirement assets done to facilitate a change in the management of such assets.
Transfer Assets. Except for an amount not exceeding in the aggregate $100,000 in any fiscal year, not, after the date hereof, sell, contract for sale, convey, transfer, assign, lease or sublet, any of its assets (including, but not limited to, the Collateral) except in the ordinary course of business as presently conducted by the Borrower and, then, only for fair and reasonable consideration and (i) sales of inventory in the ordinary course of business, (ii) transfer of assets in the ordinary course of business that have become worn out or obsolete or that are promptly being replaced, (iii) transfers of non-exclusive licenses and similar arrangements for the use of property of Borrower made in the ordinary course of business, and (iv) transfers which constitute liquidation of permitted investments.
Transfer Assets shall be as defined in Section 2(c) of this Agreement.