Transfer Dates Sample Clauses
Transfer Dates. (a) Subject to the conditions and terms set forth herein and in Section 2.06 of the Sale and Servicing Agreement with respect to each Transfer Date, the Issuer may request, and the Purchaser agrees to purchase Additional Note Principal Balances from the Issuer from time to time in accordance with, and upon the satisfaction, as of the applicable Transfer Date, of each of the following additional conditions:
(i) With respect to each Transfer Date, each condition set forth in Section 2.6 of the Sale and Servicing Agreement shall have been satisfied;
(ii) Each of the representations and warranties of the Issuer, the Servicer, the Loan Originator and the Depositor made in the Basic Documents shall be true and correct in all material respects as of such date (except to the extent they expressly relate to an earlier or later time);
(iii) The Issuer, the Servicer, the Loan Originator and the Depositor shall be in material compliance with all of their respective covenants contained in the Basic Documents and the Purchased Note; occurring;
(iv) No Event of Default and no Default shall have occurred or shall be
(v) With respect to each Transfer Date, the Purchaser shall have received evidence reasonably satisfactory to it of the completion of all recordings, registrations, and filings as may be necessary or, in the reasonable opinion of the Purchaser, desirable to perfect or evidence the assignments required to be effected on such Transfer Date in accordance with the Sale and Servicing Agreement including, without limitation, the assignment of the Loans and the proceeds thereof required to be assigned pursuant to the related LPA Assignment, S&SA Assignment and the Indenture;
(vi) Each Loan (i) has been originated in accordance with the Underwriting Guidelines and (ii) is not “abusive” or “predatory”; and
(vii) With respect to the first Transfer Date, the Purchaser shall have completed its initial due diligence review with respect to the Loans and the Loan Originator and determined, in the Purchaser’s sole discretion, that both the Loans and the origination, servicing and business practices of the Loan Originator are reasonably acceptable to the Purchaser. Unless otherwise agreed by the parties, the Purchaser shall make such determination, and shall deliver written notice of such determination to the Loan Originator, by the close of business on November 21, 2003. Should the Purchaser fail to deliver such notice to the Loan Originator by the close of business on Novemb...
Transfer Dates. The employment of Transferred Employees with Buyer or one of its Affiliates (including the Transferred Entities), as applicable, shall be effective as of 12:01 a.m., New York City time, on the Closing Date; provided, that, notwithstanding the foregoing, the employment of Leave Recipients will become effective as provided in Section 9.01(d) above. The date on which a Transferred Employee’s employment with Buyer or one of its Affiliates, as applicable, becomes effective is hereafter referred to as that Transferred Employee’s “Transfer Date.”
Transfer Dates. Assignor shall deliver the Second Floor Space and Third Floor Space to Assignee according to the following schedule:
Transfer Dates. 4 ARTICLE IV CONDITIONS PRECEDENT TO EFFECTIVENESS OF COMMITMENT .......... 6 SECTION 4.01 Subject to Conditions Precedent ......................... 6
Transfer Dates. Where an employee has been selected to fill another position, the supervisor concerned shall release the employee as expeditiously as possible after being notified of the transfer by the Human Resources Department. Notwithstanding the above, if after six (6) weeks from date of notification the employee has not moved to his new job because of delay ascribable to the Company he will be paid as if he were in the new position. The Company will also reimburse the employee for reasonable out-of-pocket expenses incurred as a direct result of the Company re-scheduling the date of transfer. Eligibility for length-of-service progression on the new job shall be determined from the date of acceptance for the new job.
Transfer Dates. When an employee is awarded an advertised job and transfer is necessary, the supervisor shall decide the date of transfer from one job to another so that all positions will be adequately filled. This transfer shall occur within ten (10) working days of the successful bid. Any person not so transferred within ten (10) working days (unless held for training purposes) shall be paid at one and one-half (1-1/2) times the present rate until transferred.
Transfer Dates. 2.1. The Parties agree that 225 shares representing 90% of the share capital and voting rights of CDI (hereafter the "Shares") will be transferred within eight (8) working days following the fulfillment of the last of the conditions precedent set forth in Article 4 hereafter (hereafter referred to as the "Transfer Date"). The Shares are sold with effect as at the Transfer Date, that is, the Purchaser shall be entitled to receive all dividends and distributions attached to the Shares not paid prior to the Transfer Date, which shall include any dividend and/or distributions attached to the Shares with respect to the fiscal year 1994 and to previous fiscal years.
2.2. The Parties agree that the Remaining Shares will be transferred to the Purchaser on the fifth anniversary of the Transfer Date (hereafter the "Remaining Shares Transfer Date").
2.3. On the Transfer Date, the Seller shall deliver to the Purchaser:
(i) one or more transfer orders (ordres de mouvement) in respect of the Shares, duly signed by the Seller in favor of the Purchaser and/or its assignees, if any;
(ii) a certified copy of CDI's directors' resignation letters;
(iii) the minutes of the board of directors' meeting of CESIA and of CDI approving and authorizing the present sale and purchase to the Purchaser in accordance with Article II of CDI's by-laws;
(iv) a certified copy of any document assessing that the conditions precedent set forth in Section 4.1 (i) and (ii) hereafter have been satisfied;
(v) a duly signed copy of the Representations and Warranties, the terms and conditions of which are set forth in the draft attached hereto as APPENDIX 4 accurate at the present date as well as on the Transfer Date; this being an essential condition without which the Purchaser would not have undertaken to acquire the CDI Shares;
2.4. On the Transfer Date, the Purchaser shall deliver to the Seller:
(i) a copy of the minutes of the board of directors of the Purchaser authorizing the transaction as contemplated in this Agreement.
(ii) the part of the Purchase Price defined in Section 3.2 hereunder by means of a check.
2.5. On the Remaining Shares Transfer Date, the Seller shall deliver to the Purchaser: - one or more transfer orders (ordres de mouvement) in respect of the Remaining Shares, duly signed by the Seller in favor of the Purchaser and/or its assignee if any.
2.6. On the Remaining Shares Transfer Date, the Purchaser shall deliver to the Seller: - The part of the Purchase Price as defined in Ar...
Transfer Dates. 4 SECTION 3.02. Funding Dates............................................. 5 ARTICLE IV CONDITIONS PRECEDENT TO EFFECTIVENESS OF COMMITMENT SECTION 4.01. Closing Subject to Conditions Precedent................... 6
Transfer Dates. The employment of Transferred Employees with Buyer or one of its Subsidiaries (including the Transferred Entities), as applicable, shall be effective as of the Closing Date, except that in the case of a Non-Transferred Business Employee, such employment shall be effective on the date such employee commences employment with the Buyer or one of its Subsidiaries. The date on which a Transferred Employee’s employment with Buyer or one of its Subsidiaries, as applicable, becomes effective is hereafter referred to as that Transferred Employee’s “Transfer Date.”
Transfer Dates. The Hospital agrees to endeavour to transfer successful applicants to job postings to their new positions within thirty (30) days of being awarded such positions. It is further agreed that such positions will be awarded within forty-five (45) days of the posting expiring. The Union chairperson will be notified of any delay if the successful applicant is not transferred within thirty (30) days. Part -time employees who are successful applicants to full-time job postings and are not transferred within thirty (30) days of having being awarded a full-time position will be considered to have full-time status for the purposes of subsequent job postings only.