Transfer Timing definition

Transfer Timing. The terms of Paragraph 4(b) are deleted and the following substituted therefor: “Subject to Paragraphs 4(a) and 5, and unless otherwise specified, in the case of (i) a Transfer obligation of the Pledgor under Paragraph 3(a) or (ii) or an entitlement of the Pledgor to direct the Collateral Manager to Transfer Posted Collateral from the Account under Section 3(b), if on any Local Business Day a Margin Call under Clause 2.4(b) Schedule 1 to the Control Agreement or an instruction to redeliver Collateral under Clause 2.4(c) of Schedule 1 to the Control Agreement results in a Delivery Amount or Return Amount being due, the relevant Transfer of Eligible Collateral or Posted Collateral to or from the Account will be made not later than the close of business (New York time) on such Local Business Day or (ii) if and to the extent that any of the events described in any of clauses (I), (II), (III) and (IV) of Paragraph 5 occur on such Business Day, then the relevant Transfer of Eligible Collateral or Posted Collateral to or from the Account will be made not later than the close of business (New York time) on the following Business Day”
Sample 1

Examples of Transfer Timing in a sentence

  • Valuation Time: 5:00 PM EST Notification Time: 10 a.m. on the next Local Business Day after the relevant Valuation Date Transfer Timing: Section 4(b) of the CSA is hereby amended by deleting the phrase “the next” on the third line thereof and replacing it with the word “such” and by deleting the word “second” in the last line thereof and replacing it with the word “next”.

  • This Final Refinery and Terminal Inventory Price will be determined within 23 days of the Inventory Transfer Timing.

  • From the date of the Original Transaction Agreement until the Closing, each of Logistics and LG shall cause the Company Group to use commercially reasonable efforts to reduce the amount of Purchased Inventory to 20,000 barrels at or prior to the Inventory Transfer Timing.

  • The fifth paragraph in Section A of Attachment XII-A of the SPA is hereby amended and restated as follows: The Final Refinery and Terminal Inventory Sale Price will be determined based on Final Refinery and Terminal Inventory as of midnight between May 15 and May 16 or the midnight between the Closing date and the next day if the Closing of the Refinery and Terminal takes place on a day other than May 15th (hereinafter referred to as the "Inventory Transfer Timing").

  • B)no Early Termination Date for which any unsatisfied payment obligations exist has occurred or been designated as the result of an Event of Default or Specified Condition with respect to the other party.(ii) Transfer Timing.

Related to Transfer Timing

  • Transfer Time has the meaning set forth in Section 4.3(a).

  • Transferred Technology has the meaning set forth in Section 2.3(a).

  • Transferred Assets means the assets, rights and properties of the Sellers that the Purchasers shall acquire as of the Closing.

  • Transferred Property shall have the meaning specified in Section 2.1(a) hereof.

  • Transferred Trademarks means all Trademarks used in or held for use in, or arising from the Transferred Business and owned by Transferor or its Subsidiaries other than Trademarks bearing the “International Paper” or “IP” names or logos.

  • Transferred Asset means each asset, including any Loan Asset and Substitute Loan Asset (including, if any, the Participation thereof), Conveyed by the Seller to the Purchaser hereunder, including with respect to each such asset, all Related Property; provided that the foregoing will exclude the Retained Interest and the Excluded Amounts.

  • SpinCo Assets shall have the meaning set forth in Section 2.2(a).

  • Transferred Employees has the meaning set forth in Section 6.4(a).

  • Transferred Shares means all or any portion of a Member’s Shares that the Member seeks to Transfer.

  • Transferred Equity means the equity interest in the Company which the WFOE has the right to request either of the Company Shareholders to transfer to it or its designated entity or individual in accordance with Article 3 hereof when the WFOE exercises its Equity Transfer Option, the quantity of which may be all or part of the Option Equity and the specific amount of which shall be determined by the WFOE at its sole discretion in accordance with the then-effective PRC Law and based on its commercial consideration.

  • Remainco Group means RemainCo and its Subsidiaries, other than the SpinCo Group.

  • Transferring Employees means employees of the Incumbent Contractor who are wholly or mainly assigned to work in the provision of the Service and who are subject of a Relevant Transfer to the Contractor by virtue of the application of the TUPE Regulations.

  • Transferred Interests has the meaning set forth in the Recitals.

  • Transferred IP means the intellectual property rights set out in the Asset List.

  • Transferred Account means each account into which an Account is transferred, provided that (i) such transfer is made in accordance with the Credit Card Guidelines and (ii) such account can be traced or identified as an account into which an Account has been transferred.

  • Company Service means the Company's email, Internet, security management services provided to End Users for the purposes of conducting Company's internal business.

  • Transferred Entities means the entities set forth on Schedule 1.5.

  • Transferred Intellectual Property means (a) all Owned Intellectual Property, (b) all Intellectual Property Licenses, and (c) all Technology owned by or licensed to Sellers that is exclusively used in connection with the conduct of the Business as currently conducted (the foregoing constituting the “Transferred Technology”).

  • 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 day means Monday – Friday, to 7:00 p.m., Central Time. Holidays are not included.

  • Masterworks Shares has the meaning set forth in Section 2.8(c).

  • Employee Transfer Date means in respect of any particular Transferring Employee the date on which the part of the Services to which they are assigned transfers from the Previous Contractor to the Contractor;

  • Transferred Employee has the meaning set forth in Section 6.01(a).