Transfer of Interest definition

Transfer of Interest any legal operation which leads to the transfer between the Parties or to any entity other than a Party of all or part of the rights and obligations arising under the Contract.
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Transfer of Interest means the transfer to a Utility by a Party of its interest as an Owner in accordance with this Agreement.”
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Transfer of Interest. Either party may transfer the whole or part of its interest in this Agreement to any third party. 6. Schedule for the Establish of the Joint Venture: 1) Party A and Party B shall each complete a feasibility study report on high purity graphite and expandable graphite, and will jointly submit a feasibility study report based on Party A's report to the government department for approval and acceptance by the end of October, 1997. The parties shall complete feasibility study report on graphite paper by the end of December, 1997. Party B shall supply Party A by the end of November, 1997 the production program and the market price in relation to graphite paper. 2) By the end of November, 1997, the parties shall sign the Agreement to Establish an Equity Joint Venture in Jixi, Heilongjiang, conduct the first Directors' meeting and adopt the Articles of Association. Party A shall, for this purpose, complete the drafting of the Agreement and Articles of Association to be delivered to Party B for comments and revisions and then to be submitted to the Board of Directors. 3) By the end of January, 1998, the joint venture shall commence the registration procedure of China. At the same time, the parties shall send people to the country that will supply the equipment and sign the purchase agreement for equipment. 4) By the end of March, 1998, the design for the high purity graphite project shall be completed and the construction shall commence in April. 5) By the end of April, 1998, the design for expandable graphite project shall be completed and the construction shall commence in May. 6) By the end of June, 1998, the design for the graphite paper project shall have been completed and the construction shall commence in July. 7. The cost for the approval and acceptance of the project, completion of the feasibility study report and the review and examination of the feasibility study report shall be 250,000 Yan. The cost shall be deemed the cost of the joint venture. 8. The parties agree to continue consultation and discussions on matter not covered in this Agreement. 9. This Agreement shall expire December 31, 1997. 10. This Agreement shall be submitted to Heilongjiang Provincial Foreign Investment Administration Bureau for filing. Party A: Xxxx Xxxxxx Graphite Mine Party B: Xx-Xxxx Resources, Inc. Representative: Xx, Xxxx Representative: Xxxxx Xxxxxxx Dated: September 9, 1997 [Letterhead of Heilongjiang Foreign Investment Administration Bureau] Canadian Xx-Xxxx Resources...
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Examples of Transfer of Interest in a sentence

  • OK Transfer of Interest (Funds 10 thru 90 - Acct 7140 - Cells C30:K30), must equal (Funds 10 thru 60, & 80 - Acct 8140 - Cells C53:H53, J53).

  • OK Transfer of Interest (Funds 10 thru 90 ‐ Acct 7140 ‐ Cells C30:K30), must equal (Funds 10 thru 60, & 80 ‐ Acct 8140 ‐ Cells C53:H53, J53).

  • Endorsement 14: Transfer of Interest In consideration of the additional premium that You paid Us for this endorsement, We agree to transfer the interest in this Policy on [state date] to[state name of transferee and NRIC No. / Business Registration No.] of [state address] carrying on or engaging in the business or profession ofwhose proposal and declaration dated [state date] shall be the basis of this contract.

  • Transfer of Interest (Funds 10 thru 90 - Acct 7140 - Cells C30:K30), must equal (Funds 10 thru 60, & 80 - Acct 8140 - Cells C53:H53, J53).

  • If a party becomes incompetent, the court, upon motion filed and served as provided in subdivision (a) of this rule, may allow the action to be continued by or against that person’s representative.(c) Transfer of Interest.

  • Transfer of Interest If at the time of any insured Damage to any Buildings covered by this Insurance You shall have contracted to sell Your interest in such Buildings and the purchase is subsequently completed the purchaser shall be entitled on completion of the purchase to the benefit of this Insurance in respect of such Damage.

  • This provision should not be interpreted to permit any other Transfer, reorganization or change of Control as contemplated in Sections 11(A) (Transfer of Interest) and 11(B) (Transfer of Control of Stock) of this Franchise Agreement.

  • Transfer of Interest No interest in this Policy can be transferred without Our written consent.

  • IMT.3. Transfer of Interest It is hereby understood and agreed that as from …/…/…….

  • Endorsement 14: Transfer of Interest In consideration of the additional premium that You paid Us for this endorsement, We agree to transfer the interest in this Policy on [state date] to [state name of transferee and NRIC No. / Business Registration No.] of [state address] carrying on or engaging in the business or profession of whose proposal and declaration dated [state date] shall be the basis of this contract.


More Definitions of Transfer of Interest

Transfer of Interest. All coverage provided by us will terminate upon the sale, assignment, transfer or pledge of the Insured Vessel or of this policy unless prior written consent has been obtained from us. GENERAL PROVISIONS IN THE EVENT OF LOSS
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Transfer of Interest. Each party has the right from time to time to transfer all or part of its Participation Interest with the consent of the other parties, except with respect to transfers to Affiliates. DISTRIBUTIONS SCHEDULE The Indirect Participation Interest (“IPI”) shall entitle PNGEI to Distributions in accordance with its IPI Percentage at the time of any Distribution. InterOil or its nominated Affiliate shall make quarterly Distribution payments to PNGEI as soon as is reasonably practical. PNGEI will have the right to have the information audited by itself or a qualified agent. Distributions to PNGEI in accordance with its IPI shall be calculated as follows: + Any and all proceeds associated with the Participation Area, including (if applicable) any and all funds borrowed using as security the rights to the Participation Area, but not used for expenditures related to the Participation Area - Operator’s Direct Charges, calculated in accordance with the Accounting Procedures in the JVOA, and including InterOils actual direct costs to produce, stabilize, separate, transport and sell Petroleum, including repayment of any and all borrowings (principal interest, and fees etc.) secured by the rights to the Participation Area - Operator’s Indirect Charges, calculated in accordance with the Accounting Procedures in the JVOA, including transportation costs, and third party costs, insurances, etc - US$0.45 per barrel infrastructure fee for Petroleum produced and transported to InterOil’s Refinery or Marine Terminal - State royalties and other State imposts and levies of whatever kind including income tax, value added or goods and services taxes or dividend withholding taxes (providing that InterOil and PNGEI shall cooperate to ensure the correct amounts are paid for each parties respective interest) = Sub-total x PNGEI’sIPI% = PNGEI’s Sub-total - Non-Consent Penalty outstanding, (if any) - PNGEI’s IPI% share of Abandonment Security funding (if any) = Distribution to PNGEI ANNEXURE I PARTICIPATION NOTICE AND SIGNATURE PAGE FOR INDIRECT PARTICIPATION INTEREST AGREEMENT FOR [NAME OF ELECTION WELL], EXPLORATION WELL #[ ] Offer of Participation Notice As of the day of 20 (the “Offer of Participation Notice Date”), InterOil Corp. (“InterOil”), in accordance with the Amended Indirect Participation Interest Agreement dated May 12, 2004 (the “Amended IPI Agreement”), hereby gives notice to PNG Energy Investors, LLC (“PNGEI”) that InterOil will perform drilling operations on a reasonable ...
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Transfer of Interest means that (a) any person, entity or -------------------- group (within the meaning of Section 13(d)(3) or 14(d)(2) of the Securities Exchange Act of 1934, as amended), as if the Company were a public company, acquires on or after January 1, 1999, as beneficial owner, directly or indirectly, other than pursuant to the Plan or the Company's 1998 Stock Option Plan, any securities of the Company (whether then-outstanding or newly-issued), (b) a sale, lease, exchange or transfer of all or substantially all of the Company's assets has occurred, (c) the Company directly or indirectly redeems or otherwise acquires any of its then-outstanding securities or (d) the Company's directors and/or stockholders approve, implement or attempt to implement a transaction (including, without limitation, any plan of reorganization, merger, consolidation or liquidation) which has or may have the effect of transferring (i) any right to control some or all of the material business operations of the Company or (ii) any material economic participation right in the business operations of the Company, in each case to any person or entity other than the Existing Stockholders, the Participants and/or persons participating in the Company's 1998 Stock Option Plan.
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Transfer of Interest means (a) any conveyance, assignment, transfer, exchange or other disposition of all or substantially all of the assets of Align and its controlled Affiliates as a whole or (b) a Change of Control of Align.
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Transfer of Interest has the meaning ascribed to it in Article 13.2.1 (Assignment by Producer).
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Related to Transfer of Interest

  • Transfer of ownership Includes, but is not limited to, the conveyance of a Mortgaged Property, whether legal or equitable, voluntary or involuntary, by any of the following methods:

  • transfer of funds means any transaction at least partially carried out by electronic means on behalf of a payer through a payment service provider, with a view to making funds available to a payee through a payment service provider, irrespective of whether the payer and the payee are the same person and irrespective of whether the payment service provider of the payer and that of the payee are one and the same, including:

  • Membership Interest means a Member’s entire interest in the Company including such Member’s right to receive allocations and distributions pursuant to this Agreement and the right to participate in the management of the business and affairs of the Company in accordance with this Agreement, including the right to vote on, consent to, or otherwise participate in any decision or action of or by the Members granted pursuant to this Agreement.

  • Member Interest means an equity interest of a Member in the Company and includes any and all benefits to which such Member is entitled as provided in this Agreement, together with all obligations of such Member pursuant to the terms and provisions of this Agreement.

  • Permitted Transfer has the meaning set forth in Section 10.02.

  • Permitted Transfers has the meaning set forth in Section 4.2.17(d).

  • Deportation or forcible transfer of population means forced displacement of the persons concerned by expulsion or other coercive acts from the area in which they are lawfully present, without grounds permitted under international law;

  • Transfer of Control means, with respect to an eNote, a MERS eRegistry transfer transaction used to request a change to the current Controller of such eNote.

  • Beneficial Interest means the opportunity, directly or indirectly, through any contract, arrangement, understanding, relationship or otherwise, to profit, or share in any profit derived from, a transaction in the subject Securities. A Covered Person is deemed to have a Beneficial Interest in Securities owned by members of his or her Immediate Family. Common examples of Beneficial Interest include joint accounts, spousal accounts, UTMA accounts, partnerships, trusts and controlling interests in corporations. Any uncertainty as to whether a Covered Person has a Beneficial Interest in a Security should be brought to the attention of the Compliance Officer. Such questions will be resolved in accordance with, and this definition shall be subject to, the definition of “beneficial owner” found in Rules 16a-1(a)(2) and (5) promulgated under the Securities Exchange Act of 1934.

  • Existing Transfer Restrictions means Transfer Restrictions existing with respect to any securities by virtue of the fact that Counterparty may be an “affiliate” of the Issuer (as such term is defined in Rule 144 under the Securities Act).

  • Applicable Ownership Interest means, with respect to the Treasury portfolio,

  • Beneficial Ownership Interest means the right to receive payments and notices with respect to the Bonds held in a Book Entry System.

  • Transferred Interest means, at any time of determination, an undivided percentage ownership interest in (i) each and every then outstanding Receivable, (ii) all Related Security with respect to each such Receivable, (iii) all Collections with respect thereto, and (iv) other Proceeds of the foregoing, which undivided ownership interest shall be equal to the Aggregate Percentage Factor at such time, and only at such time (without regard to prior calculations). The Transferred Interest in each Receivable, together with Related Security, Collections and Proceeds with respect thereto, shall at all times be equal to the Transferred Interest in each other Receivable, together with Related Security, Collections and Proceeds with respect thereto. To the extent that the Transferred Interest shall decrease as a result of a recalculation of the Aggregate Percentage Factor, the Administrative Agent on behalf of the applicable Class Investors shall be considered to have reconveyed to the Transferor an undivided percentage ownership interest in each Receivable, together with Related Security, Collections and Proceeds with respect thereto, in an amount equal to such decrease such that in each case the Transferred Interest in each Receivable shall be equal to the Transferred Interest in each other Receivable.

  • Transfer-Restricted Security means any Security that constitutes a “restricted security” (as defined in Rule 144); provided, however, that such Security will cease to be a Transfer-Restricted Security upon the earliest to occur of the following events:

  • Restricted Global Certificate Has the meaning specified in Section 3.01(c).

  • Partnership Interest means an ownership interest in the Partnership held by either a Limited Partner or the General Partner and includes any and all benefits to which the holder of such a Partnership Interest may be entitled as provided in this Agreement, together with all obligations of such Person to comply with the terms and provisions of this Agreement.

  • Transfer Restriction means any condition to or restriction on the ability of the Subscriber to pledge, sell, assign or otherwise transfer the Shares under any organizational document, policy or agreement of, by or with the Company, but excluding the restrictions on transfer described in paragraph 6(c) of this Subscription Agreement with respect to the status of the Shares as “restricted securities” pending their registration for resale or transfer under the Securities Act in accordance with the terms of this Subscription Agreement.

  • Regulation S Note As defined in Section 5.2(c)(ii).

  • Transfer Restricted Note means any Note that bears or is required to bear the Restricted Notes Legend.

  • Restricted Transfer a transfer of Personal Data which is undergoing processing or which is intended to be processed after transfer, to a country or territory to which such transfer is prohibited or subject to any requirement to take additional steps to adequately protect the Personal Data processed under this Agreement for the transfer to be lawful under the Data Protection Legislation;

  • Transfer Restriction Event shall have the meaning specified in Section 2.11.

  • L/C Interest shall have the meaning ascribed to such term in Section 3.6 hereof.

  • Economic Interest means a Person’s right to share in the income, gains, losses, deductions, credits, or similar items of the Company, and to receive Distributions from the Company, but excluding any other rights of a Member, including the right to vote or to participate in management, or, except as may be provided in the Act, any right to information concerning the business and affairs of the Company.