Examples of Transferring Parties in a sentence
Pursuant to an agreement dated 9 December 2015 and entered into between the Company, Chong Choi Fu (acting as attorney for and on behalf of the Transferring Parties) and the Pledging Parties, (i) the Transferring Parties agreed to transfer the Goodwill Deposits to the Pledging Parties; and (ii) the Pledging Parties agreed and undertook to accept and assume the liabilities and obligations of the Transferring Parties to repay, the Goodwill Deposits.
The Acquiring Parties shall recognize each Designated Employee’s service with the Transferring Parties for the purposes of calculating all statutory entitlements and the Acquiring Parties shall assume liability for each Designated Employee’s accrued entitlement to annual leave, long service leave and personal leave.
In a timely manner, the Transferring Parties and the Acquiring Parties shall (a) make all required filings, prepare all required applications and conduct negotiations with each Governmental Body as to which such filings, applications or negotiations are necessary or appropriate for the consummation of the transactions contemplated hereby and (b) provide such information as each Party may reasonably request to make such filings, prepare such applications and conduct such negotiations.
If the Company and/or Remora Holdings decide to offer to purchase the ROFO Assets, the Company and Remora Holdings shall have 15 days following receipt of the ROFO Notice (the “ROFO Response Deadline”) to propose an offer to enter into the Proposed Transaction with such Transferring Party or Transferring Parties (the “ROFO Response”).
Substantially concurrently with, but immediately prior to, the closing of the IPO (the “Effective Time”), as consideration for the transfer to Pubco by each Transferring Party of the Interests held by such Transferring Party pursuant to the terms of this Agreement, Pubco will issue the Texas Wasatch Note to such Transferring Parties.
The Notice shall be accompanied by a copy of the offer from the Offerer to the Transferring Party or such other evidence of the offer that is reasonably satisfactory to the Transferring Parties.
Tenant, its successors and assigns, and all other parties referred to in this Paragraph 9 (specifically excluding Landlord and its successors and assigns) shall be referred to herein as the "Transferring Parties".
If the MLP Group decides to offer to purchase the ROFO Assets, the MLP Group shall have 30 days following receipt of the ROFO Notice (the “ROFO Response Deadline”) to propose an offer to enter into the Proposed Transaction with such Transferring Party or Transferring Parties (the “ROFO Response”).
Substantially concurrently with, but immediately prior to, the closing of the IPO (the “Effective Time”), as consideration for the transfer to Pubco by each Transferring Party of the Interests held by such Transferring Party pursuant to the terms of this Agreement, Pubco will issue the Goosehead Management Note to such Transferring Parties.
The reason is that the investor of 5th Beijing Ring Highway Project is the Beijing Municipal Government, which provided the implicit creditguarantee of loan for the project and thus involves the Beijing Municipal Government in the entire debt payment obligation.