Allowed Transfers Clause Samples
The Allowed Transfers clause defines the circumstances under which a party may transfer its rights or obligations under an agreement to another entity. Typically, this clause outlines specific conditions or approvals required for such transfers, such as allowing assignments to affiliates or in connection with a merger or sale of the business. Its core practical function is to provide flexibility for parties to restructure or reorganize without breaching the contract, while also protecting the interests of the non-transferring party by restricting unauthorized or undesirable transfers.
Allowed Transfers. Until the expiration of the provisions of this Section 3, no Management Stockholder shall Transfer any of such Management Stockholder’s Shares to any other Person except as follows:
Allowed Transfers. Until the expiration of the provisions of this Section 3, no Shareholder shall Transfer any of such Shareholder’s Shares to any other Person except as follows:
Allowed Transfers. The provisions of Section 5.1(a)(i) shall not apply to either any transfer by a Limited Partner to himself under declaration of trust, to a family member by outright gift, testamentary disposition or under declaration of trust, or to a transfer from a Partner which is a trust to the beneficiaries of that trust.
Allowed Transfers. You may transfer your domain name to another domain name registrar at any time after sixty (60) days from the effective date of your initial registration of your domain name with us. You acknowledge that we may deny your transfer in certain instances as listed in the Transfer Policy. To start a transfer to us please visit our Transfer page. You may transfer your domain name to a third party of your choice, provided that the third party agrees to the terms of this Agreement.