Triggering Transfer definition

Triggering Transfer means Lessor’s intended sale or other transfer of Lessor’s direct right, title and entire interest in any individual Occupied Building, in either case to any party other than a Permitted Lessor Transferee; provided, however, that neither (x) a sale or other transfer of Lessor’s direct right, title or interest in the entirety of Levi’s Plaza, or (y) a sale or other transfer of Lessor’s indirect interest through any sale or transfer of anything less than the entirety of the beneficial interest in Lessor, shall be nor be deemed to be a Triggering Transfer, or (z) a sale or other transfer of all or any portion of Lessor’s interest in Levi’s Plaza (including, without limitation, all or any portion of any Occupied Building) to a Permitted Lessor Transferee.
View Source
Triggering Transfer shall have the meaning ascribed to such term in Subsection 9.4(b).
View Source
Triggering Transfer has the meaning given to it in paragraph 1.12 of schedule 4 (Secretary of State Transfers); and
View Source

Examples of Triggering Transfer in a sentence

  • Notwithstanding the foregoing, any Transfer of Partnership Interests in an IPO or any public offering after an IPO shall not constitute a Triggering Transfer.

  • Subject to the terms and conditions set forth in this Paragraph 17, upon a Triggering Transfer (as defined in Paragraph 17(a)(v) below), Lessee shall have a recurring right of first offer (“Purchase ROFO”) with respect to the applicable Offered Building (as defined Paragraph 17(b) below).

  • If the effect of any proposed bona fide arm's length Transfer of any Junior Capital to a third party by any Private Sector Shareholder (the "Selling Shareholder") would result TTT GSP – Shareholders Direct Agreement Schedule 4 – Secretary of State Transfers in granting such third party a Controlling Interest (the "Triggering Transfer"), the Selling Shareholder shall serve a Sale Notice in accordance with paragraph 1.13.

  • Further, if a Triggering Transfer described under Section 16.3 hereto with respect to the Managing Member occurs, the Investor Member shall, within ninety (90) days after such Triggering Transfer, be permitted to make a Buy-Sell Offer as provided in the preceding sentence.

  • The Put Notice shall contain (i) a certification that a Triggering Transfer has been consummated, (ii) a written statement that Owner Member is exercising the Put Option under this Section 11.2(c) and (iii) Owner Member’s determination of the fair market value of the Property and the calculation of the Put Price, accompanied by a statement showing the calculation thereof in reasonable detail.

  • The Regents, or its successor, shall provide at least ten (10) business days’ prior written notice to the Successor Agency and the Primary Developer prior to the effectiveness of any Triggering Use or Triggering Transfer.

  • Nothing in this Article 3, including, without limitation, the occurrence of a Triggering Use or Triggering Transfer shall void, nullify or otherwise have an effect on the releases granted to Current Owner under Paragraphs 1.3 and 2 hereof.

  • Notwithstanding the foregoing, leases, subleases, licenses or permits for any use that is not in furtherance of UCSF Purposes (other than customary retail uses incidental to the Regents’ other permitted uses, including, but not limited to, use as a pharmacy, for sale of sundries, or for casual dining establishments) shall be a Triggering Use or a Triggering Transfer as used in this Paragraph 3.2.

  • The Regents and the Successor Agency shall be subject to the provisions Sections 14.1, 14.2 and 14.7 of the South OPA in connection with any Triggering Transfer.


More Definitions of Triggering Transfer

Triggering Transfer has the meaning set forth in Section 16.3 hereof.
View Source

Related to Triggering Transfer

  • Non-Transfer Event means any event or other changes in circumstances other than a purported Transfer, including, without limitation, any change in the value of any Shares.

  • Servicing Transfer Event means any of the events specified in the Servicing Agreement, whereby the servicing of the Mortgage Loan is required to be transferred to the Special Servicer from the Master Servicer.

  • Transfer Restriction Event shall have the meaning specified in Section 2.11.

  • Resale Restriction Termination Date shall have the meaning specified in Section 2.05(c).

  • Subsequent Transfer Instrument: Each Subsequent Transfer Instrument, dated as of a Subsequent Transfer Date, executed by the Trustee and the Depositor substantially in the form attached hereto as Exhibit I, by which Subsequent Loans are transferred to the Trust Fund.