Transfer to definition
Examples of Transfer to in a sentence
With respect to any Transfers pursuant to (i) or (ii) above (except with respect to a Transfer to a Securitization Trust) such transferee must (x) assume in writing the obligations of the transferring Noteholder hereunder and agree to be bound by the terms and provisions of this Agreement and, if applicable, the Servicing Agreement and (y) remake each of the representations and warranties contained herein for the benefit of the other Noteholders.
Promptly after the Transfer (other than a Transfer to a Securitization Trust), the non-transferring Note Holder(s) shall be provided with (x) a representation from a transferee or the applicable Note Holder certifying that such transferee is a Qualified Institutional Lender (except in the case of a Transfer in accordance with the immediately following sentence) and (y) a copy of the assignment and assumption agreement referred to in Section 15.
The offering Member shall deliver a written notice of the proposed Transfer to the other Member and shall provide a copy of such notice to the Board.
Each Member agrees that, except as provided in Section 16.3 and other than changes in ownership of its Parent, such Member will not, directly or indirectly, Transfer or suffer the Transfer to any third party of its Nevada JV Interests, whether now owned or hereafter acquired, or whether by sale or otherwise, and whether voluntary or involuntary, until and unless such Member shall have first made the offer to sell as set forth in this Section 16.2.
The General Partner may require, as a condition of any Transfer to which it consents, that the transferor assume all costs incurred by the Partnership in connection therewith.
If such Transfer to the third party transferee is not made within 90 days following the termination of the 60-day period provided for in Section 16.2(c), then a new offer must be made pursuant to the provisions of Section 16.2(a) before the offering Member can Transfer its Nevada JV Interests and the provisions of this Section 16.2 shall again apply to such Transfer.
Notwithstanding anything in this Agreement to the contrary (but subject to the immediately preceding sentence prohibiting a Transfer to a G-III Specified Party or WHP Specified Party absent the prior written consent of the applicable Member), unless the WHP Member and the G-III Member otherwise agree in writing, no Member shall Transfer any Units during the Lock-Up Period, other than Transfers to Permitted Transferees.
Following the Lock-Up Period, any Transfer by a Member (other than a Transfer to a Permitted Transferee) shall be subject to the Purchase Offer provisions set forth in Section 9.5 and the Tag-Along Rights set forth in Section 9.6.
The Borrower shall account for the Transfer to it from the Transferor of the Loan Asset under each Loan Asset Assignment as a transfer of such Loan Asset in its books and records.
Mortgagor shall not permit any Transfer or cause any Transfer to occur other than a Permitted Transfer, as defined in Section 8.03 of this Mortgage.