Requirement for Transfer Sample Clauses

Requirement for Transfer. In the event that Tenant proposes any Transfer of the Demised Premises or the Lease, whether by assignment, subletting or otherwise (each a “Transfer”) Tenant shall notify Landlord in writing by certified mail at least sixty (60) days before the date on which the Transfer is to be effective and include with such notice (a) the name of the entity receiving a Transfer (the “Transferee”); (b) a detailed description of the business of the Transferee; (c) audited financial statements of the Transferee; (d) all written agreements governing the Transfer; (e) any information reasonably requested by Landlord with respect to the Transfer or the Transferee; and (f) a review and administration fee of Three Thousand and No/100 Dollars ($3,000.00). No such consent by Landlord to the proposed Transfer, and no such transfer, assignment or sublease shall relieve Tenant of its obligations under this Lease.
Sample 1
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Requirement for Transfer. Except as otherwise provided in Sections 11.2(b), 11.3 and 11.4, a Limited Partner or the transferee of a Limited Partner may transfer all or part of his Interests, provided, unless otherwise consented to by the General Partner, (i) that the transferee, if an individual, is at least 21 years of age, (ii) that the transferee executes an instrument reasonably satisfactory to the General Partner accepting and adopting the provisions and agreements set forth herein, and (iii) the General Partner shall consent to such Transfer, which consent may be given or withheld in the General Partner' sole discretion, provided, however, that such consent shall be withheld if the transferor Limited Partner (other than a transferor Limited Partner who is also a General Partner) does not obtain a legal opinion, acceptable to counsel for the Partnership, that (1) such Transfer would not result in the close of the Partnership's taxable year with respect to all Partners, impair the ability of the Partnership to be taxed as a partnership, cause the termination of the Partnership within the meaning of Section 708(b) of the Code, or cause the termination of its status as a partnership under the Code, and (2) such Transfer does not violate any provision of any Federal or state securities law.
Sample 1
Requirement for Transfer. In the event that Tenant proposes any Transfer, Tenant shall request Landlord's approval in writing at least thirty (30) days before the date on which the Transfer is to be effective and include with such notice (a) the name of the entity receiving a Transfer (the “Transferee”); (b) a detailed description of the business of the Transferee; (c) certified financial statements of the Transferee; (d) all written agreements governing the Transfer; (e) any information reasonably requested by Landlord with respect to the Transfer or the Transferee; and (f) a review and administration fee of Two Thousand and No/100 Dollars ($2,000.00). No such consent by Landlord to the proposed Transfer, and no such Transfer shall relieve Tenant of its obligations under this Lease. From and after a Transfer of this Lease, Landlord shall provide a copy of any notices of default thereafter given to a Transferee to the original named Tenant, and Landlord shall permit the original named Tenant to cure such default within the applicable cure period (it being understood that as to the original named Tenant, such cure period shall commence upon delivery of a copy of the default notice to such original named Tenant, provided that Tenant shall not have any additional time for such cure as a result thereof).
Sample 1
Requirement for Transfer. Except as otherwise provided in this Agreement, a Member or the transferee of a Member may Transfer all or part of his Membership Interest only with the consent of the other Members, provided that, unless otherwise consented to by the Manager(s), (i) the transferee, if an individual, is at least 21 years of age, (ii) the transferee executes an instrument reasonably satisfactory to the Manager(s) accepting and adopting the provisions and agreements set forth herein, and (iii) the Manager(s) shall consent to such Transfer, which consent may be given or withheld in the Manager(s)'s sole discretion; provided, further, that such consent shall be withheld if the transferor Member does not obtain a legal opinion, acceptable to counsel for the Company, that (1) such Transfer would not result in the close of the Company's taxable year with respect to all Members, impair the ability of the Company to be taxed as a partnership, cause the termination of the Company within the meaning of Section 708(b) of the Code, or cause the termination of its status as a partnership under the Code, and (2) such Transfer does not violate any provision of any Federal or state securities law. The foregoing transfer restrictions shall not apply to the assignment and transfer of all of the issued and outstanding Membership Interests in the Company to Impac or an Affiliate thereof pursuant to the Buyout Agreement.
Sample 1
Requirement for Transfer. The Limited Partner shall have no right, without the prior written consent of the Management Committee, which may be granted or withheld in its sole discretion and which need not be exercised in a reasonable manner to Transfer its Interest or to substitute a new person or entity as a limited partner in its stead. Subject to any restrictions on transferability required by law or contained in this Agreement, any Transfer or assignment to which the Management Committee shall consent must be effected through a written instrument, in a form acceptable to the Management Committee. No consent to a Transfer given by the Management Committee shall be deemed or considered a release or novation of the transfer or as to any obligations of the transferor to the Partnership arising under this Agreement otherwise.
Sample 1
Requirement for Transfer. Except as otherwise provided in this Agreement, a Member or the transferee of a Member may Transfer all or part of his Membership Interest only with the consent of the other Members, provided that, unless otherwise consented to by the Manager, (i) the transferee, if an individual, is at least 21 years of age, (ii) the transferee executes an instrument reasonably satisfactory to the Manager accepting and adopting the provisions and agreements set forth herein, and (iii) the Manager shall consent to such Transfer, which consent may be given or withheld in the Manager's sole discretion; provided, further, that such consent shall be withheld if the transferor Member does not obtain a legal opinion, acceptable to counsel for the Company, that (1) such Transfer would not result in the close of the Company's taxable year with respect to all Members, impair the ability of the Company to be taxed as a partnership, cause the termination of the Company within the meaning of Section 708(b) of the Code, or cause the termination of its status as a partnership under the Code, and (2) such Transfer does not violate any provision of any Federal or state securities law.
Sample 1

Related to Requirement for Transfer

  • Requirements for Transfer (a) This Warrant and the Warrant Shares shall not be sold or transferred unless either (i) they first shall have been registered under the Securities Act of 1933, as amended (the "Act"), or (ii) the Company first shall have been furnished with an opinion of legal counsel, reasonably satisfactory to the Company, to the effect that such sale or transfer is exempt from the registration requirements of the Act.

  • Consideration for Transfer Notwithstanding anything to the contrary herein contained, except as may be required by Section 5 hereof, where a Transfer is made for consideration, in no event shall any such Transfer by Executive of Executive Securities be made under Section 6(c) or offered to be made under Section 6(b) for any consideration other than United States dollars payable in full upon consummation of such Transfer.

  • Notice Requirement for Termination No termination of this Agreement will be effective unless and until the Party terminating this Agreement gives prior written notice to the other Party to this Agreement of its intent to terminate, and such notice shall set forth the basis for such termination. Furthermore:

  • Procedure for transfer (a) Subject to the conditions set out in Clause 25.2 (Conditions of assignment or transfer) a transfer is effected in accordance with paragraph (c) below when the Agent executes an otherwise duly completed Transfer Certificate delivered to it by the Existing Lender and the New Lender. The Agent shall, subject to paragraph (b) below, as soon as reasonably practicable after receipt by it of a duly completed Transfer Certificate appearing on its face to comply with the terms of this Agreement and delivered in accordance with the terms of this Agreement, execute that Transfer Certificate.

  • Payment for Securities Sold, etc In its sole discretion and from time to time, the Custodian may credit the Fund Custody Account, prior to actual receipt of final payment thereof, with (i) proceeds from the sale of Securities which it has been instructed to deliver against payment, (ii) proceeds from the redemption of Securities or other assets of the Fund, and (iii) income from cash, Securities or other assets of the Fund. Any such credit shall be conditional upon actual receipt by Custodian of final payment and may be reversed if final payment is not actually received in full. The Custodian may, in its sole discretion and from time to time, permit the Fund to use funds so credited to the Fund Custody Account in anticipation of actual receipt of final payment. Any such funds shall be repayable immediately upon demand made by the Custodian at any time prior to the actual receipt of all final payments in anticipation of which funds were credited to the Fund Custody Account.

  • Payment for Securities Sold In its sole discretion and from time to time, the Custodian may credit the Fund Custody Account, prior to actual receipt of final payment thereof, with (i) proceeds from the sale of Securities which it has been instructed to deliver against payment, (ii) proceeds from the redemption of Securities or other assets of the Fund, and (iii) income from cash, Securities or other assets of the Fund. Any such credit shall be conditional upon actual receipt by Custodian of final payment and may be reversed if final payment is not actually received in full. The Custodian may, in its sole discretion and from time to time, permit the Fund to use funds so credited to the Fund Custody Account in anticipation of actual receipt of final payment. Any such funds shall be repayable immediately upon demand made by the Custodian at any time prior to the actual receipt of all final payments in anticipation of which funds were credited to the Fund Custody Account.

  • Payment for Securities (a) Payment for the Securities in the amount of the Subscription Amount (less any amounts that the Subscriber elects to net against such amount pursuant to the terms of the Side Letter, dated as of the date of the Closing, between the Company, the Subscriber and the other parties thereto) shall be received by the Company from the Subscriber by wire transfer of immediately available funds to the account below prior to the Closing (such account, the “Company Account”). Such payment shall be received into the Company Account no later than December 22, 2011, or such other date thereafter as the Company may designate in writing. Wire Instructions: Bank: HSBC Bank USA 000 0xx Xxxxxx Xxx Xxxx, XX 00000 X.X.X. Swift Address: MRMD US33 Further Credit: HSBC Bank Bermuda Limited Head Office, Front Street Xxxxxxxx XX 11 Bermuda SWIFT: BBDA BMHM Final Credit: Third Point Reinsurance Ltd. Account No.: 000-000000-000 USD

  • Address for Transfers Party A: To be notified to Party B by Party A at the time of the request for the transfer. Party B: To be notified to Party A by Party B upon request by Party A.

  • Stop Transfer The Securities are restricted securities as of the date of this Agreement. Neither the Company nor any of its Subsidiaries will issue any stop transfer order or other order impeding the sale and delivery of any of the Securities at such time as the Securities are registered for public sale or an exemption from registration is available, except as required by state and federal securities laws.

  • Payment for the Purchases (a) The Purchase Price for the Purchase of Receivables in existence on the close of business on the Business Day immediately preceding the date hereof (the “Initial Cutoff Date”) shall be payable in full by Buyer to Originator on the date hereof, and shall be paid to Originator in the following manner:

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