Change in Control and Transfer Sample Clauses

Change in Control and Transfer. Any change in the Control of the Purchaser and/ or any transfer of the Specified End Use Plant along with the rights in relation to the Annual Contracted Quantity (each such event being individually referred to as a “Transfer Event”) shall be permissible with prior approval of the Seller if:
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Change in Control and Transfer. Change in Control The Recipient must obtain the prior written consent of the Departments for any Change in Control of the Recipient during the term of this Funding Agreement. The Departments must not unreasonably withhold their consent under clause 16.1(a). For purposes of clause 16.1(b) and without limitation, it will be deemed reasonable to withhold consent where the Departments have formed the view, acting reasonably, that: the Change in Control would be inconsistent with the basis upon which the Departments formed a view that the Recipient: was eligible to receive the funds; or capable to undertake the Project; or met the Merit Criteria, at the time its Application was assessed by the Departments; the Change in Control would have a material adverse effect on competition in the market for hydrogen refuelling infrastructure and hydrogen vehicles in NSW or Victoria; the Change in Control would result in the transferee not having the financial, technical or commercial capability to develop, construct, implement or operate the Project or perform the obligations under this Funding Agreement; or the Change in Control would materially reduce the likelihood of the Project achieving the Outcomes. The Recipient must provide the Departments with any information about the Change in Control reasonably requested by either or both of the Departments to allow the Departments to assess whether to provide its consent, including any information relating to the matters set out in clause 16.1(c). The Departments may require as a condition to its consent, that any person acquiring control of the Project or the Recipient (Acquiring Party, as defined in the definition of Change in Control) enters into a deed, with the form and substance acceptable to the Departments, undertaking that the Acquiring Party will ensure that the Recipient (or the new owner of the Project, as applicable) complies and will continue to comply with the Recipient’s obligations under this Funding Agreement.
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Change in Control and Transfer. 6.1 Change in Control of the Successful Bidder or any transfer of the Eligible Gas Based Plant along with the rights in relation to the PSDF Support and Allocated e-bid RLNG, shall require the prior approval of the Nodal Authority.
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Change in Control and Transfer 
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Related to Change in Control and Transfer

  • Assignment; Change in Control 19.1 Neither Party may assign, delegate, or otherwise transfer this Agreement, or any rights, remedies, or obligations under this Agreement, (including by forward or reverse merger, consolidation, dissolution, or operation of law, and whether voluntarily or by a governmental authority’s action or order) without the prior written consent of the other Party, which consent shall not be unreasonably withheld, except that either Party may assign, delegate, or otherwise transfer this Agreement or any rights, remedies, or obligations under this Agreement without the other Party’s consent to: (i) an Affiliate; or (ii) an acquirer of all or substantially all of the equity interests, assets, or business to which this Agreement relates of the assigning Party (including by a merger, consolidation, or operation of law). Any purported assignment, delegation or other transfer in violation of this Clause 19.1 is void. You acknowledge that your assignment, delegation, or other transfer of this Agreement will not relieve you of your obligations under this Agreement. This Agreement binds and inures to the benefit of the Parties and their respective permitted assignees and successors.

  • Payment and Transfer Unless otherwise mutually agreed, all transfers of funds hereunder shall be in immediately available funds. All Securities transferred by one party hereto to the other party (i) shall be in suitable form for transfer or shall be accompanied by duly executed instruments of transfer or assignment in blank and such other documentation as the party receiving possession may reasonably request, (ii) shall be transferred on the book-entry system of a Federal Reserve Bank, or (iii) shall be transferred by any other method mutually acceptable to Seller and Buyer.

  • Change in Control For purposes of this Agreement, a "Change in Control" shall mean any of the following events:

  • Repatriation and Transfer 1. Upon fulfillment of all tax obligations, each Contracting Party shall permit in good faith all transfers related to an investment to be made freely and without delay into and out of its territory. Such transfers include:

  • Payment and Transfer of Interest Buyer shall pay interest on cash held as Performance Assurance, at the Interest Rate and on the Interest Payment Date. Buyer will transfer to Seller all accrued Interest Amount on the unused cash Performance Assurance in the form of cash by wire transfer to the bank account specified under “Wire Transfer” in Appendix X (Notices).

  • CHANGE IN CONTROL OF SELLER Prior to a potential change of control of SELLER and at least ninety (90) days prior to the proposed effectiveness of such change of control, SELLER will promptly notify LOCKHEED XXXXXX in writing thereof, and provide the identity of the potential new controlling party and information on such party and the transaction as LOCKHEED XXXXXX may request, consistent with applicable law and confidentiality restrictions.

  • Change of Control There occurs any Change of Control; or

  • Change in Ownership Any change in ownership of twenty-five percent (25%) or more of the common stock of Borrower.

  • ASSIGNMENT AND CHANGE OF CONTROL a. Seller shall not and shall cause its affiliates not to, directly, indirectly, voluntarily or involuntarily, in each case, whether by transfer, operation of law, Change of Control (as defined in subparagraph b below) or otherwise assign this Contract, assign any of its rights or interest in this Contract, delegate any of its obligations under this Contract, or subcontract for all or substantially all of its performance of this Contract (each, an “Assignment”), without Buyer’s prior written consent after advance written notice by Seller. No purported Assignment, with or without Buyer’s consent, shall relieve Seller of any of its obligations under this Contract or prejudice any rights or claims that Buyer may have against Seller, whether such obligations, rights or claims, as the case may be, arise before or after the date of any purported Assignment; provided however, that Seller may assign its right to monies due or to become due under this Contract, and this Article does not limit Seller’s ability to purchase standard commercial supplies or raw material in connection with its performance of this Contract.

  • Obligations relating to Change in Ownership 5.3.1 The Concessionaire shall not undertake or permit any Change in Ownership, except with the prior approval of the Authority.

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