Transfer of Ownership definition

Transfer of Ownership. Includes, but is not limited to, the conveyance of a Mortgaged Property, whether legal or equitable, voluntary or involuntary, by any of the following methods:
Transfer of Ownership means a change of substantial, or controlling interest, in the ownership of a facility. A change of less than five percent (5%) of the interest of the owner does not constitute a transfer of ownership unless it also results in a change of control of the owner.
Transfer of Ownership means a voluntary or involuntary conveyance of an interest in a vessel.

Examples of Transfer of Ownership in a sentence

  • Transfer of ownership to the Products takes place on the date of the Seller receipt of full payment, including possible interest on overdue payment unless otherwise agreed upon.

  • CHAPTER 12 Transfer of ownership of certain national monuments Minister, etc., may transfer ownership of national monuments owned by Minister, etc.

  • Transfer of ownership and drawdown of the GP Sustainability Loan can happen simultaneously on the date of drawdown.

  • Where such establishment is a convenience store/supermarket or variety store a Special Permit is required where the hours of operation are in excess of 7:00 a.m. to 10:00 p.m. Transfer of ownership shall require City Council approval.

  • Transfer of ownership of the outgoing engine or component (the exchange asset) remains subject to the prior performance by the CUSTOMER of its obligations including the return of the CUSTOMER core unit and the full payment of the exchange and interests, if any.


More Definitions of Transfer of Ownership

Transfer of Ownership means to change legal ownership of a public water system from one person to another.
Transfer of Ownership means the conveyance of title to or a present interest in property, including the beneficial use of the property, the value of which is substantially equal to the value of the fee interest."
Transfer of Ownership of a medical cannabis license means the transfer of a controlling ownership interest in the license. The Commission considers the following to constitute transfer of ownership:
Transfer of Ownership means the transfer defined in Article 2, Subsection 113.2 of this Agreement.
Transfer of Ownership means a transfer that impacts or changes the governance or controlling body of a health care facility, institution or large group practice, including, but not limited to, all affiliations, mergers or any sale or transfer of net assets of a health care facility.
Transfer of Ownership means a change in the ownership of a facility.
Transfer of Ownership means a voluntary or involuntary conveyance of an interest in a watercraft.