Transferor Party definition

Transferor Party has the meaning set forth in Section 2.04(b).

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Transferor Party means any of the Transferor, its parent and subsidiaries and any shareholder, director, officer, employee, agent or "controlling person" (as such term is used in the Securities Act) of any of the foregoing.

Transferor Party. The Party who immediately before the Relevant Transfer was the employer of a Post Holder whose contract of employment subject to Regulations 4(7) and 4(9) of TUPE, is subject to a Relevant Transfer or a of a Post Holder who contends that, subject to Regulations 4(7) and 4(9) of TUPE, his or her contract of employment is subject to a Relevant Transfer.

Examples of Transferor Party in a sentence

• Upon receipt of the Notice by a Transferor, Party B and Party C agree to promptly take any other required actions (including assisting in obtaining governmental approvals or execution of an updated document in the form of Exhibit B) to effect the transfer of the Purchased Interest to Party A and/or the Designated Persons.

• In addition, with respect to any Parent SEC Document that references a Transferor Party by name, Parent shall provide such Transferor Party and his, her or its counsel, with copies of any written comments, and shall inform them of any oral comments, that Parent or its counsel may receive from time to time from the SEC or its staff with respect to any Parent SEC Document promptly after receipt of such comments, and any written or oral responses thereto.

• With respect to any Parent SEC Document that references a Transferor Party by name, such Transferor Party and his, her or its counsel, shall be given a reasonable opportunity to review such Parent SEC Document before it is filed with the SEC, and Parent shall give due consideration to the reasonable additions, deletions or changes suggested thereto by such party.

• With respect to any Parent SEC Document that references a Transferor Party by name, such Transferor Party and his, her or its counsel, shall be given a reasonable opportunity to review any such written responses and Parent shall give due consideration to the reasonable additions, deletions or changes suggested thereto by such party.

• Each Transferor Party has timely paid all Taxes imposed on such Transferor Party when the same have become due.

More Definitions of Transferor Party

Transferor Party shall have the meaning ascribed to such term in Section 1.5(a) hereof.

Transferor Party has the meaning in Clause 32.1;

Transferor Party or “Transferor Parties” has the meaning set forth in the Preamble.

Transferor Party means each Transferor, each of their Affiliates, each of their respective successors and assigns, shareholders, members, partners, Subsidiaries, Affiliates, directors, servants, agents, and employees.

Transferor Party means (i) the Investors, if the Net Share Adjustment is in favour of the Major Shareholders, or (ii) the Major Shareholders if the Net Share Adjustment is in favour of the Investors;

Transferor Party has the meaning set forth in Section 8.5(b).

Transferor Party s sole discretion: (i) notify Transferee Party in writing that Transferor Party will eliminate the Additional Encumbrances before the Closing; or (ii) notify Transferee Party that unless Transferee Party waives its disapproval of the Additional Encumbrances within three (3) business days after receipt of Transferor Party's notice, Transferor Party shall cancel this Agreement; provided, however, that the Transferor must agree to remove any monetary liens or encumbrances voluntarily created or suffered by Transferor. If Transferor Party elects (i) above, Transferor Party shall eliminate the Additional Encumbrances prior to the Closing. If Transferor Party elects (ii) above, this Agreement shall automatically terminate upon the expiration of the 3-day period referenced therein unless Transferee Party notifies Transferor Party that it waives Transferee Party's disapproval of the Additional Encumbrances, in which case the Additional Encumbrances shall be deemed Permitted Exceptions and the Title Pro Forma identified on Exhibit L for the Property affected shall be deemed amended to incorporate the Amendment.