Transferor definition

Transferor. Any Person who is disposing by Transfer of any Ownership Interest in a Certificate.

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Transferor and “Transferee” mean a Person who makes or receives a Transfer, respectively.

Transferor means [full name] of [lending office]; and

Examples of Transferor in a sentence

• The parties acknowledge that if a Member transfers some, but not all of its territories under a CBA in a CBA Permitted Transfer, then the Transferor may Transfer the portion of its Membership Interest attributable to the transferred territory, and retain the remainder of its Membership Interest attributable to retained territories.

• The parties further acknowledge that a Member may Transfer its Membership Interest to an Affiliate of that Member, so long as the Transferee Affiliate agrees in writing to be bound by the terms of this Agreement; provided however, that such Transfer will not relieve the Transferor from any of its obligations under this Agreement, including its obligations with respect to its Capital Contribution Commitment.

• Upon satisfaction of these conditions, such Person shall become a Substituted Member entitled to all the rights of a Member with respect to such Membership Interest, and the Schedule of Members shall be amended to reflect the name, address, and Percentage Interest of such Substituted Member and to eliminate, as applicable, the name and address of, and other information relating to, the Transferor with regard to the Transferred Membership Interest.

• If such Purchased Asset was acquired by Seller or such Affiliate of Seller via a Purchase Agreement and the related Transferor has therein granted a security interest in each such Purchased Asset to either Seller or such Affiliate, then Seller or such Affiliate has filed one or more UCC financing statements against the Transferor to perfect such security interest, assigned such financing statements in blank and delivered such blank assignments to Buyer or Custodian.

• The Transferor and Transferee of any Membership Interest or other interest in the Company shall be jointly and severally obligated to reimburse the Company for all reasonable expenses (including attorneys’ fees and expenses) incurred on behalf of the Company in connection with any Transfer or proposed Transfer, whether or not consummated.

More Definitions of Transferor

Transferor means, in relation to a Transferee, the other party.

Transferor as used in this Annex means only Party A; (c) only Party A will be required to make transfers of Eligible Credit Support under Paragraph 2(a); and (d) in the calculation of any Credit Support Amount under Paragraph 2(a), where the Transferee’s Exposure would be expressed as a negative number, such Exposure shall be deemed to be zero.

Transferor means initially, BMW Auto Leasing LLC, a Delaware limited liability company.

Transferor means a transferor as defined by TUPE

Transferor. Each seller of Mortgage Loans to ▇▇▇▇▇▇ Holdings pursuant to a Transfer Agreement.

Transferor means any Partner that has Transferred all or a portion of its Partnership Interests in accordance with the provisions of this Agreement.

Transferor and “Transferee” have correlative meanings.