Transferring Owner definition

Transferring Owner is defined in Section 4.2(a).
Sample 1Sample 2Sample 3
Transferring Owner as defined in subsection 2.1.
Sample 1Sample 2
Transferring Owner means an Equity Owner who desires to make, or makes, a Transfer.
Sample 1

Examples of Transferring Owner in a sentence

  • The provisions of Section 3.1 and Section 3.2 shall not apply to a Transfer of Equity Interests by an Owner to an Affiliate of such Owner; provided that a Transferring Owner shall provide the other Owners with sixty (60) days prior written notice of a Transfer to an Affiliate and the Transferring Owner shall pay any applicable transfer taxes (if any).

  • In the event that the User transfers ownership of the NJ2009 Unit to another party, this agreement shall automatically terminate and such New Owner shall be required to execute a new Station Participation Agreement on the same terms and conditions as contained in the Agreement between the Transferring Owner and Parsons (and have an approved station license with the MVC) in order to participate in the NJMVIS.

  • The Transferring Owner shall pay Parsons for all services rendered to the Transferring Owner prior to Parsons being notified in writing of the transfer of ownership of the NJ2009 Unit.

  • The Transferring Owner shall pay all expenses incurred by the Company in connection with a Transfer pursuant to this Article III.

  • If the Transfer occurs on any Option, and the Transfer is mandatory to the Transferring Owner, then the date of exercise of the Option.

  • The ROFO Notice shall include any material terms, conditions and details that would be necessary for the Partnership to make a responsive offer to enter into the Proposed Transaction with such Transferring Owner, which terms, conditions and details shall at a minimum include any terms, conditions or details that such Transferring Owner would propose to provide to non-Affiliates in connection with the Proposed Transaction.

  • The Partnership shall have 60 days following receipt of the ROFO Notice (the “ROFO Review Period”) to propose an offer to enter into the Proposed Transaction with the Transferring Owner (the “ROFO Response”).

  • Upon a complete Transfer of Interests of an Owner, the income, deductions, credits and other tax attributes of the Entity for the entire tax year shall be allocated between the Owners, including the Transferring Owner, on a pro rata basis, based on the portion of the tax year ending on the Effective Date of Transfer.

  • The Transferring Owner shall indemnify and hold harmless the other Owners with respect to the Transferring Owner’s pro rata share of the tax liabilities that may have accrued during the time that the Transferring Owner held Interests.

  • The Owner who is exercising the Refusal Option shall have an affirmative duty to turn over a copy of the appraisal, and to make his business appraiser available, together with his work papers, to the Transferring Owner.


More Definitions of Transferring Owner

Transferring Owner means any Owner who is Transferring Interests.
Sample 1
Transferring Owner has the meaning set forth in Section 3.2(a).
Sample 1
Transferring Owner has the meaning ascribed thereto in Section 16.02(a).
Sample 1
Transferring Owner. Shall have the meaning given to such term in Section 5.03(a).
Sample 1

Related to Transferring Owner

  • Transferring Member has the meaning set forth in Section 9.4.

  • Transferring Party has the meaning given such term in Section 5.2(b).

  • Transferring Shareholder has the meaning set forth in Section 5.2(a).

  • Transferring Stockholder has the meaning assigned to such term in Section 3.4(a).

  • Existing Owner means (a) with respect to and for the purpose of dealing with the Auction Agent in connection with an Auction, a Person who is a Broker-Dealer listed in the Existing Owner Registry at the close of business on the Business Day immediately preceding the Auction Date for such Auction and (b) with respect to and for the purpose of dealing with the Broker-Dealer in connection with an Auction, a Person who is a beneficial owner of Auction Rate Notes.

  • Disposing Member is defined in Section 4.1.

  • Selling Member has the meaning set forth in Section 10.5(a).

  • Building Owner means the owner of record of a building. In the case of a building held in cooperative or condominium form of ownership, the term “Building Owner” shall refer to the board of managers, board of directors, homeowners association, or other representative body of the jointly-owned building with authority to make decisions about building assessments and alterations.

  • Proposed Transferee has the meaning set forth in Section 2.4(a).

  • Transferring Employee means an employee at the airport who timely transfers to the regional authority by the transfer date.

  • Purchasing Member has the meaning set forth in Section 9.2(c).

  • Controlling ownership interest means ownership of or entitlement to more than twenty-five percent of shares or capital or profits of the company;

  • Initiating Member shall have the meaning provided in Section 15.2(a).

  • Qualifying Owners means GIP and its Subsidiaries.

  • Participating member means an eligible employee who elects to participate in the defined contribution retirement plan established under this chapter.

  • Bona fide member means an individual who participates in activities of a qualified organization

  • Founding Member means any individual who is either:

  • Tendering Partner shall have the meaning set forth in Section 8.6.A.

  • Transfer Shares has the meaning ascribed to such term in Section 6.2(a)

  • Transferring applicant means a person transferring from another health insurer.

  • Record shareholder means the person in whose name shares are registered in the records of a corporation or the beneficial owner of shares to the extent of the rights granted by a nominee certificate on file with a corporation.

  • Other Member means a Voting Member who is not an Eligible Account Holder or a Supplemental Eligible Account Holder.

  • Tag or “RFID tag” means the unique identification number or Radio Frequency Identification (RFID) issued to a licensee by the agency for tracking, identifying and verifying marihuana plants, marihuana products, and packages of marihuana product in the statewide monitoring system.

  • 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.

  • Controlling ownership interested means ownership of or entitlement to more than twenty five percent of shares or capital or profits of the Company;

  • Participating Entity Any Subcontractor or Subservicer which is “participating in the servicing function” within the meaning of Item 1122 of Regulation AB; provided, further, for the purposes of the third paragraph of Section 7.04(c), that a “Participating Entity” shall be determined without respect to any threshold limitations in Instruction 2. to Item 1122 of Regulation AB. Person: Any individual, corporation, partnership, limited liability company, joint venture, association, joint-stock company, trust, unincorporated organization, government or any agency or political subdivision thereof.