Transfer Trigger definition

Transfer Trigger means the provision in that regard as set out in Schedule 6 and being the point in the time reached in the Development which the Affordable Housing so indicated will be duly transferred by the Owner in accordance with this Agreement.
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Examples of Transfer Trigger in a sentence

  • If the Custodian has not done so within 10 Business Days (or such longer period as the Trustee in its reasonable discretion permits) of the occurrence of the Custodian Transfer Event or Custodian Transfer Trigger the Trustee must (with assistance from the Manager) enter any premises where the Relevant Documents are kept, take possession of and remove the Relevant Documents and all other documents and records relating to the Relevant Documents.

  • In the event of any Transfer Trigger Event referenced in subsections (i) or (ii) of the definition thereof (but not subsection (iii) of the definition thereof), the Person that is Amylin’s counterparty to the transaction causing such Transfer Trigger Event, and any other Person that is an Affiliate of such counterparty (other than Amylin Pharmaceuticals, Inc.

  • If any such grant constitutes a Transfer Trigger Event, such Grantor shall comply with Sections 13.16 and 13.17 of the Settlement and Termination Agreement in connection therewith.

  • Except for a License Agreement that constitutes a Transfer Trigger Event, Lilly shall not have any Lien on any third party’s rights in such license, co-promotion, co-marketing or other collaboration right, non-assert covenant, option, rights of first refusal or negotiation or any other grant of rights (as opposed to the security interest granted to Lilly in the Grantor’s rights thereunder).

  • Except for any grant which constitutes a Transfer Trigger Event for which such Grantor has not complied with Sections 13.16 and 13.17 of the Settlement and Termination Agreement, Lilly hereby agrees that any foreclosure on the related Collateral shall be subject to the rights of any such third party so long as such third party consents (or such consent is not required) to the assignment of Grantor’s right thereunder in the foreclosure.

  • So long as the Transfer Trigger Requirements apply, Party A will at its own cost use commercially reasonable efforts to, as soon as reasonably practicable, either (A) procure an Eligible Guarantee in respect of all of Party A’s present and future obligations under this Agreement from a guarantor with a Qualifying Transfer Trigger Rating and or (B) transfer its rights and obligations under this Agreement in accordance with Part 5(q) (Transfers) below.

  • Each Shareholder must immediately notify the Company once it becomes aware that a Compulsory Transfer Trigger Event has occurred or is about to occur.

  • COPY So long as the Transfer Trigger Requirements apply, Party A will at its own cost use commercially reasonable efforts to, as soon as reasonably practicable, either (A) procure an Eligible Guarantee in respect of all of Party A’s present and future obligations under this Agreement from a guarantor with a Qualifying Transfer Trigger Rating and or (B) transfer its rights and obligations under this Agreement in accordance with Part 5(q) (Transfers) below.

  • For clarity, the Purchaser and/or its Affiliates, on the one hand, and any affected Asset Selling Entity, on the other, shall each bear fifty percent (50%) of the Indirect Taxes which are not able to be fully recovered or reclaimed only with respect to the Product Inventory (other than Supply Inventory) owned by any Asset Selling Entity at Closing and at the relevant Transfer Trigger Event.

  • Subject to the following sentence, any Deferred Closing shall occur on the first Business Day of the first calendar quarter that begins following expiry of ten (10) Business Days following the respective Deferred Transfer Trigger.