Transferable Asset definition

Transferable Asset has the meaning given in paragraph 1.1 of Part B of Schedule 8.5 (Exit);

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Transferable Asset has the meaning given in Paragraph 3.4.1 of Schedule 21 (Exit Management);

Transferable Asset has the meaning given in Clause 35.1;

Examples of Transferable Asset in a sentence

• It is clarified that where it has been agreed between the Parties that the right, title or interest in any such Transferor Transferable Asset should vest with the Transferee none of the above shall be applicable.

• It is clarified that where it has been agreed between the Parties that the right, title or interest in any such Transferee Transferable Asset should vest with the Transferor, none of the above shall be applicable.

• For a period of 12 months following the Closing Date, Seller will, at no cost to Purchaser, use commercially reasonable efforts to obtain the consent of such other Person to the assignment or transfer of any such Non- Transferable Asset to Purchaser in all cases in which such consent is required for such assignment or transfer.

• Personal (Transferable) Asset : The REP will receive ongoing commissions as long as the REP is current with their monthly Admin fees and has achieved "Active Status" as per section 2.1.1 above.

• For the period beginning on the Closing Date and not to exceed ninety (90) days after the Closing Date, to the extent permitted by Law and the terms of the Non- Transferable Asset, the Receiving Party shall be entitled to receive all of the benefits of the Transferring Party under the Non-Transferable Assets.

More Definitions of Transferable Asset

Transferable Asset has the meaning ascribed to it in the Term Sheet. "Transitional Services Agreement" means the transitional services agreement, the agreed form of which is set out in Schedule 11, to be entered between Lumetech and MSPL pursuant to which Lumetech and/or its Affiliates (which post-Completion shall include the Target Group) shall agree to provide certain global shared services to MSPL and/or its Affiliates, and vice versa. "TZE" means TCL Zhonghuan Renewable Energy Technology Co. Ltd. (Company Registration Number 911200001034137808), a company incorporated in People's Republic of China and having its registered office at ▇▇. ▇▇, ▇▇▇ ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇ (▇▇▇▇▇ ▇▇▇▇), ▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇, which is the holding company of the Purchasers. "Vendor Closing Deliverables" has the meaning ascribed to it in paragraph 1.1 of Schedule 3.

Transferable Asset has the meaning ascribed to it in the Term Sheet.

Transferable Asset shall have the meaning ascribed to it in Clause 5.6;