Event of Transfer definition

Event of Transfer means the completion of any Transfer, as that term is defined herein.
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Event of Transfer means and refer to any transfer of title to the Resort resulting from a judicial or non-judicial foreclosure or conveyance in lieu of foreclosure or any transfer resulting from Lender’s exercise of its rights under Section 14.3 of the Loan Agreement.
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Event of Transfer means a transaction or series of related transactions that, directly or indirectly, voluntarily or by operation of law: (i) r:esult in the sale, assignment, transfer, pledge, gift, encumbrance or alienation of any interest in this Agreement or the right to use Southern Hospitality System or any portion or components or any of Southern Hospitality Licensed Marks, (ii) involves the offer to sell securities of a Franchisee that is Business Entity pursuant to a transaction subject to registration under federal or state securities laws or by private placement pursuant to a written offering memorandum; (iii) results in a Change of Control. For purposes of illustration, an Event of Transfer includes, without limitation: (a) an order dissolving the marriage of a Franchisee that is an individual; (b) the issuance of additional equity or voting interests of a Business Entity resulting in a Change of Control; (c) a financial restructuring or recapitalization that is secured by a sufficient number of equity or voting interests of a Business Entity such that, if foreclosed upon, would result in a Change of Control; or (d) the death of Franchisee if an individual or any person owning enough equity or voting interests of a Business Entity to result in a Change of Control.
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Examples of Event of Transfer in a sentence

  • As above-mentioned, in the EU countries transfer of staff is in principle simple, because the directive of “Safeguarding of Employees’ Right in the Event of Transfer of Undertakings, Business and parts of Business” will secure that the employees maintain their working conditions and other benefits.

  • The Community also reserves the right, at any time, upon thirty (30) days prior written notice, to adjust the Monthly Service Fee to reflect any unanticipated increases in operating or capital costs.10.2. Monthly Service Fee in the Event of Transfer to Another Independent Living ResidenceYou may elect to move to another Independent Living Residence in the Community, subject to availability, and subject to approval by the CEO.

  • The Maintenance and Safeguarding of the Employees’ Rights in the Event of Transfer of Undertakings, Businesses, or Parts Thereof, Laws of 2000 (principal Law) and 2003 (amendment Law), came into operation on 7.7.2000 and 2.5.2003, respectively.

  • If a Member discontinues being employed by the Company or Member’s (the “Transferring Member”) interest is transferred other than as provided in Section 8.11 of this Agreement (the “Event of Transfer”), the Company shall have the option for six (6) months after the Event of Transfer to purchase all or any part of the Company interest owned at any time during such six (6) month period by the Transferring Member.

  • The relevant directive from 1977 is called “Safeguarding of Employees’ Right in the Event of Transfer of Undertakings, Business and parts of Business” (directive No. 77/187/EEC), which was amended in 1998 (directive No. 98/50/EC).

  • On transfer of undertakings, it is important to note that PE takeovers, as share transactions, are not viewed as a change of control which triggers employee rights to information and employment protection under the EU Directive on Safeguarding Employee Rights in the Event of Transfer of Undertakings (TUPE).

  • CONDITIONS APPLICABLE TO TAXI AND RAMP TAXI MEDALLIONS.* * * *(d) Corporate Medallion Holders.(1) Permits Void in Event of Transfer or Sale of Permit Holder.

  • In the event that a Member discontinues being employed by the Company or Member’s (hereinafter referred to as the “Transferring Member”) interest is transferred other than as provided in Sub Article 8.11 of this Agreement (hereinafter referred to as the “Event of Transfer”), the Company shall have the option for a period of six (6) months after the date of the Event of Transfer to purchase all or any part of the Company interest owned at any time during such six (6) month period by the Transferring Member.

  • In the event that a Member discontinues being employed by the Company, or Member's (hereinafter referred to as the "Transferring Member") interest is transferred other than as provided in Sub Article 9.4 of this Agreement (hereinafter referred to as the "Event of Transfer"), the Company shall have the option for a period of six (6) months after the date of the Event of Transfer to purchase all or any part of the Company interest owned at any time during such six (6) month period by the Transferring Member.

  • Section 4.04 Code Section 704 (c)(1)(A).Section 4.05 Certain Definitions.Section 4.06 Determination of Interest in Event of Transfer.


More Definitions of Event of Transfer

Event of Transfer means a transaction or series of related transactions that, directly or indirectly, voluntarily or by operation of law that results in a Change of Control.
Sample 1
Event of Transfer means a transaction or series of related transactions that, directly or indirectly, voluntarily or by operation of law: (i) result in the sale, assignment, transfer, pledge, gift, encumbrance or alienation of any interest in this Agreement or the right to use the uWink(TM) System or any portion or components; (ii) involves the offer to sell securities of a Franchisee that is a Business Entity pursuant to a transaction subject to registration under federal or state securities laws or by private placement pursuant to a written offering memorandum; or (iii) results in a Change of Control. For purposes of illustration, an Event of Transfer includes, without limitation: (a) an order dissolving the marriage of a Franchisee that is an individual; (b) the issuance of additional equity or voting interests of a Business Entity resulting in a Change of Control; (c) a financial restructuring or recapitalization that is secured by a sufficient number of equity or voting interests of a Business Entity such that, if foreclosed upon, would result in a Change of Control; or (d) the death of Franchisee if an individual or any person owning enough equity or voting interests of a Business Entity to result in a Change of Control.
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Event of Transfer means any event or condition specified in Section 7.01.
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Event of Transfer means any transaction by Franchisee that results In the sale, assignment, transfer, pledge, gift, encumbrance or alienation of any interest in this Agreement or the right to use the Southern Hospitality System or any portion or components or any of Southern Hospitality Licensed Marks. In the Confidentiality, Non-Disclosure and Non-Competition Agreement referenced in the FA, Sections 4 (Agreements Regarding Competition) and 6 (Interference) are deleted in their entirety. As consideration for the reduced Royalty Payments herein contained, Company Is released of any obligation and/or deliverables which may be contained in the FA. Company shall perform any such obligations and/or deliverables as Company, in its sole discretion, may determine. In the Confidentiality Agreement referenced in the FA, Section 4 (Interference) is deleted in its entirety. Other than as specifically set forth herein, the FA shall, in all other respects, remain in full force and effect.
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Event of Transfer means any actual or attempted transaction or series of related transactions that, directly or indirectly, voluntarily or by operation of law that results or, if completed would result, in (i) the sale, assignment, transfer, pledge, gift, encumbrance or alienation of any interest in this Agreement or the right to use the BC System or any portion or components; (ii) the offer to sell or sale of securities of a Franchisee that is a Business Entity pursuant to a transaction subject to registration under federal or state securities laws or by private placement pursuant to a written offering memorandum; or (iii) a Change of Control. For purposes of illustration, an Event of Transfer includes, without limitation: (a) an order dissolving the marriage of a Franchisee that is an individual; (b) the issuance of additional equity or voting interests of a Business Entity resulting in a Change of Control; (c) a financial restructuring or recapitalization that is secured by a sufficient number of equity or voting interests of a Business Entity such that, if foreclosed upon, would result in a Change of Control; or (d) the death or Incapacity of Franchisee if an individual or any person owning enough equity or voting interests of a Business Entity to result in a Change of Control.
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Related to Event of Transfer

  • Notice of Transfer With regard to Distressed Mortgage Loans that will become Transferred Mortgage Loans, the notice given by the related Prior Servicer (if such Prior Servicer is Aurora) to the Master Servicer, the applicable Custodian, the Trustee and the Special Servicer or by the Master Servicer (if the related Prior Servicer(s) are not Aurora) to the Prior Servicer(s), the applicable Custodian, the Trustee and the Special Servicer, in each case substantially in the form of Exhibit A hereto.

  • Date of Transfer means the date of registration of transfer of the Property into the name of the Purchaser in the Deeds Registry in Pietermaritzburg;

  • Deed of Transfer means the notarial deed of transfer for the Shares, substantially in the form as attached hereto as Schedule 3;

  • Termination of Trading means that the Common Stock or other securities into which the Securities are convertible is neither listed for trading on a U.S. national securities exchange nor approved for trading on an established automated over-the-counter trading market in the United States.

  • Letter of Transmittal means the letter of transmittal to be prepared by the Company and sent to all Holders of the Notes for use by such Holders in connection with the Exchange Offer.

  • Spin-Off Transaction means a distribution by the Company to its shareholders of all or any portion of the securities of any Subsidiary of the Company.

  • Institutional Accredited Investor Certificate means a certificate substantially in the form of Exhibit G hereto.

  • Certificate re Non-Bank Status means a certificate substantially in the form of Exhibit F.

  • Cooperative Stock Certificate With respect to a Cooperative Loan, the stock certificate or other instrument evidencing the related Cooperative Stock.

  • Seller Certificate means a certificate of transfer delivered in connection with the transfer of a Trust Certificate pursuant to Section 3.04(a), substantially in the form of Exhibit B.

  • Letter of Transmittal and Election Form means the letter of transmittal and election form(s) to be delivered by Company to the Company Shareholders and Company RSU Holders and providing for the Company Shareholder’s and Company RSU Holders election with respect to the Consideration;

  • Non-Bank Certificate has the meaning specified in Section 3.01(b).

  • Pass-Through Transfer The sale or transfer of some or all of the Mortgage Loans to a trust to be formed as part of a publicly-issued and/or privately placed, rated or unrated, mortgage pass-through transaction, retaining the Company as "servicer" (with or without a master servicer) thereunder.

  • Transfer Payment Either or both of a Transfer Payment Made or a Transfer Payment Received.

  • means of transport means rail transport, road freight transport, inland waterway transport, maritime transport, air transport, and intermodal transport;

  • Certificate Depository Agreement means the agreement among the Trust, the Depositor and The Depository Trust Company, as the initial Clearing Agency, dated as of the Closing Date, relating to the Trust Securities Certificates, substantially in the form attached as Exhibit B, as the same may be amended and supplemented from time to time.

  • Regulation S Certificate means a certificate substantially in the form of Exhibit E hereto.

  • Individual Certificate Any Private Certificate registered in the name of the Holder other than the Depository or its nominee.

  • Tool of Trade means:a Vehicle that has tools, implements, machinery or plant attached to or towed by the Vehicle and is being used by You at Your premises or on any Worksite. Tool of Trade does not include any Vehicle whilst travelling to or from a Worksite or Vehicles that are used to carry goods to or from any premises.

  • Stock Certificate With respect to a Cooperative Loan, a certificate evidencing ownership of the Cooperative Shares issued by the Cooperative.

  • Custody transfer means the transfer of produced crude oil and/or condensate, after processing and/or treating in the producing operations, from storage tanks or automatic transfer facilities to pipelines or any other forms of transportation.

  • Final Certificate means the final certificate issued by the Engineer-in-Charge in accordance with the provisions hereof.

  • Data Transfer means the copying or transmission of electronic information that does not alter the content, context, or structure of a record from 1 medium to another medium.