Transfer of Ownership definition

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 Ownership means a change of substantial, or controlling interest, in the ownership of a facility. A change of less than five percent (5%) of the interest of the owner does not constitute a transfer of ownership unless it also results in a change of control of the owner.
Transfer of Ownership means a voluntary or involuntary conveyance of an interest in a vessel.

Examples of Transfer of Ownership in a sentence

  • Annex A Pricing Sheet Standard Rate: 15 USD /hour Rush Rate: 25 USD /hour Transfer of ownership fee: 50 USD HOSTING (Additional Email Accounts + Storage Space) 25 Email Accounts + 750MB Storage Space + 750MB Monthly Web Traffic = 5 USD more on Package Monthly instalment.


More Definitions of Transfer of Ownership

Transfer of Ownership means to change legal ownership of a public water system from one person to another.
Transfer of Ownership means the conveyance of title to or a present interest in property, including the beneficial use of the property, the value of which is substantially equal to the value of the fee interest."
Transfer of Ownership of a medical cannabis license means the transfer of a controlling ownership interest in the license. The Commission considers the following to constitute transfer of ownership:
Transfer of Ownership means the transfer defined in Article 2, Subsection 113.2 of this Agreement.
Transfer of Ownership means a transfer that impacts or changes the governance or controlling body of a health care facility, institution or large group practice, including, but not limited to, all affiliations, mergers or any sale or transfer of net assets of a health care facility.
Transfer of Ownership means a voluntary or involuntary conveyance of an interest in a watercraft.
Transfer of Ownership means a change in the ownership of a facility.