Definition of Transaction Sample Clauses

Definition of Transaction. It is agreed and understood that this Assignment is a general assignment for the benefit of all of Assignor’s creditors; and that this is a “general assignment for the benefit of creditors,” as set forth in, and defined in the California Code of Civil Procedure, Section 493.010, and all other laws of the State of California pertaining thereto. This general assignment for the benefit of creditors (s) (a) does constitute an assignment to Assignee of all assets of Assignor which are transferable and not exempt from enforcement of a money judgment; (b) is an assignment for the benefit of all of the creditors of the Assignor; and (c) does not create a preference of one creditor or class of creditors over any other creditor or class of creditors.
AutoNDA by SimpleDocs
Definition of Transaction. It is agreed and understood that this Assignment is a general assignment for the benefit of all of Assignor’s creditors; and that this is a “general assignment for the benefit of creditors,” as set forth in, and defined in the Delaware Code Title 10, Part IV, Chapter 73, Subchapter VI, and all other laws of the State of Delaware pertaining thereto. This general assignment for the benefit of creditors (s) (a) does constitute an assignment to Assignee of all assets of Assignor which are transferable and not exempt from enforcement of a money judgment; (b) is an assignment for the benefit of all of the creditors of the Assignor; and
Definition of Transaction. For the purpose of this Agreement, a "Transaction" shall mean and include any one of more of the following events; provided that, prior thereto, such event has been recommended or approved by a majority of the Board of Directors of the Corporation or of a duly authorized committee thereof:
Definition of Transaction. Completion of the query/ request /data submission by the user from front-end of the application in Data Center and providing the information to or from Data Center/Server back to Data Center will be considered as a transaction. For Example: Submitting Registration details in Xxxxxxxxxx is one transaction and check-in of the IP is another Transaction. However, for SLA purposes, only the processing time and execution time taken by the various servers (including storage) will be used for measurement. SLA Service Management Score Card
Definition of Transaction. It is agreed and understood that this Assignment is a general assignment for the benefit of all of Assignor’s creditors; and that this is a “general assignment for the benefit of creditors,” as set forth in, and defined in the Massachusetts Rules of Civil Procedure, and all other laws of the State of Massachusetts pertaining thereto. This general assignment for the benefit of creditors (s) (a) does constitute an assignment to Assignee of all assets of Assignor which are transferable and not exempt from enforcement of a money judgment;
Definition of Transaction. For purposes of this Agreement, “Transaction” means (i) the sale, exchange, disposition, or other transfer in single transaction or series of related transactions to any person, other than to an affiliate, of (1) the business of the Company and its subsidiaries; (2) all or substantially all of the assets of the Company and its subsidiaries; or (3) all or a majority of the outstanding equity securities in the Company, or (ii) the closing of the sale of equity securities of the Company (or a contribution of capital to the Company) in one or more transactions that results in net cash proceeds to the Company of not less than $150 million. The Board shall in good faith determine whether a Transaction has occurred and designate the Transaction Date.
Definition of Transaction. In this Section 8.4, “Transaction” means (1) any merger or consolidation of the Company with or into another entity as a result of which the Stock of the Company is converted into or exchanged for the right to receive cash, securities or other property or is cancelled, (2) any sale or exchange of all of the Stock of the Company for cash, securities or other property, (3) any sale, transfer, or other disposition of all or substantially all of the Company’s assets to one or more other persons in a single transaction or series of related transactions or (4) any liquidation or dissolution of the Company.
AutoNDA by SimpleDocs
Definition of Transaction. It is agreed and understood that this Assignment is a general assignment for the benefit of all of Assignor’s creditors; and that this is a “general assignment for the benefit of creditors,” as set forth in, and defined in the California Code of Civil 1 The term “Claim” for the purposes of this agreement shall mean a right to payment as defined in Section 101(5) of the Bankruptcy Code and the federal case law construing that statute. Procedure, Section 493.010, and all other laws of the State of California pertaining thereto. This general assignment for the benefit of creditors (a) does constitute an assignment to Assignee of all assets of Assignor which are transferable and not exempt from enforcement of a money judgment;
Definition of Transaction. It is agreed and understood that this Assignment is a general assignment for the benefit of all of Assignor’s creditors; and that this is a “general
Definition of Transaction. It is agreed and understood that this Assignment is a general assignment for the benefit of all of Assignor’s creditors; and that this is a “general assignment for the benefit of creditors,” as set forth in, and defined in the California Code of Civil Procedure, Section 493.010, and all other laws of the State of California pertaining thereto pertaining thereto. This general assignment for the benefit of creditors (s) (a) does constitute an assignment to Assignee of all assets of Assignor which are transferable and not exempt from enforcement of a money judgment; (b) is an assignment for the benefit of all of the creditors of the Assignor; and (c) does not create a preference of one creditor or class of creditors over any other creditor or class of creditors.
Time is Money Join Law Insider Premium to draft better contracts faster.