Examples of Transfer Notice in a sentence
However, it is not necessary under New York or English law to obtain an acknowledgement from the lessee of receipt of such a notice, and the typical confirmations required by secured creditors from lessees can, if agreed, instead be included in the lease agreement to be deemed given by the lessee on its receipt of a GATS Security Transfer Notice.
The GATS Platform will allow for any such requirements to be confirmed by the Lessee as being satisfied or waived electronically.GATS Transfer Effective Time means: (a) in respect of a GATS Beneficial Interest Transfer, the effective time and date of such GATS Beneficial Interest Transfer as identified in the corresponding GATS Transfer Notice; and (b) in respect of a GATS Security Transfer, the date of the GATS Security Transfer Notice relating to such GATS Security Transfer.
GATS Transfer Notice means a GATS Transfer Notice substantially in the form set forth in Schedule [●] (Form of GATS Transfer Notice).
The transaction shall be closed within forty-five (45) days following the date of the First Transfer Notice, the Second Transfer Notice, the Third Transfer Notice, the Fourth Transfer Notice, or the Fifth Transfer Notice, as the case may be, and the payment of the purchase price shall be made by wire transfer or check as directed by the Selling Shareholder.
The First Transfer Notice shall describe in reasonable detail the proposed Transfer including, without limitation, the number of ROFR Shares (or securities convertible into or exercisable for ROFR Shares) to be sold or transferred (the “Offered Shares”), the nature of such Transfer, the consideration to be paid, and the name and address of each prospective purchaser or transferee.