Attempted Transfer Without Consent; Frequency of Transfers Sample Clauses

Attempted Transfer Without Consent; Frequency of Transfers. Any attempted Transfer without the consent of the PSL Agent, other than a Permitted Transfer, will give the PSL Agent the right, at its sole option (and acting as agent of the Authority), to terminate this License Agreement. If the PSL Agent terminates this License Agreement, the PSL Agent may sell a new PSL(s) associated with the Seat(s) on terms and conditions established by the PSL Agent and without any compensation to the Licensee. The Licensee acknowledges and agrees that any subsequent sale by the PSL Agent of a PSL(s) associated with the Seat(s) identified in this License Agreement following the termination of this License Agreement is not a resale of such PSL(s), but is instead the creation of one or more new PSLs for the benefit of a different licensee. If the PSL Agent does not exercise its right to terminate the PSL(s), the PSL Agent may elect to record the Transfer of the PSL(s) to the intended transferee upon receipt of the applicable transfer fee and acceptance of the executed transfer form required by the PSL Agent. It shall not be unreasonable for the PSL Agent (acting as agent of the Authority) to withhold approval of any proposed Transfer prior to the date which is one (1) year after the date of the first Team Game played at the Stadium for which Licensee purchases Raiders Season Tickets pursuant to Exhibit D, if any PSL has been previously transferred in previous 365 days, or if the PSL Agent reasonably determines the proposed transferee will not comply with the terms and conditions of this License Agreement, including but not limited to Section 13 of this Exhibit C.
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Attempted Transfer Without Consent; Frequency of Transfers. Any attempted Transfer without the consent of XxxxXx and the GWCCA, other than a Permitted Transfer, will give StadCo the right, at its sole option (and acting as agent of the GWCCA), to terminate this License Agreement. If StadCo terminates this License Agreement, StadCo may sell a new PSL(s) associated with the Seat(s) on terms and conditions established by StadCo in its sole discretion and without any compensation to Licensee. Licensee acknowledges and agrees that any subsequent sale by XxxxXx of a PSL(s) associated with the Seat(s) identified in this License Agreement following the termination hereof is not a resale of such PSL(s), but is instead the creation of one or more new PSLs for the benefit of a different licensee. If StadCo does not exercise its right to terminate the PSL(s), StadCo may elect to record the Transfer of the PSL(s) to the intended transferee upon receipt of the applicable transfer fee and acceptance of the executed transfer form required by XxxxXx. It shall not be unreasonable for StadCo and the GWCCA to withhold approval of any proposed transfer prior to March 31, 2017 or if the PSL has been previously transferred in the same calendar year, unless such Transfer is a Permitted Transfer.
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Related to Attempted Transfer Without Consent; Frequency of Transfers

  • Frequency of Transfers We do not limit the number of funds transfers you may make; however, you may not make funds transfers in excess of the number of funds transfers allowed by the rules governing the applicable Accounts. We may from time to time for security and risk management reasons modify the limit, the frequency and the dollar amount of transfers you can make using our Service.

  • Permitted Transfers The provisions of Section 8.1 shall not apply to (a) a transfer or an assignment of this Lease in connection with the sale of substantially all the original Tenant’s assets if: (I) such sale of assets occurs on an arms’-length basis, to an unrelated third party, and is for a bona fide business purpose and not primarily to transfer Tenant’s interest in this Lease; and (II) upon the consummation of the transfer or assignment, the transferee or assignee is, in the sole, but reasonable determination of Landlord (and its lender, if applicable), capable of satisfying all of Tenant’s obligations hereunder; (b) an assignment of this Lease to a successor to Tenant by merger, consolidation, reorganization or similar corporate restructuring or to an entity that controls, is controlled by, or is under common control with, Tenant; or (c) a subletting of the Premises or any part thereof. In the case of an assignment or sublease that is expressly permitted pursuant to (a) or (c) of this Section 8.3, Tenant shall nevertheless be required to provide Landlord with notice of such assignment or sublease and a true and complete copy of the fully-executed documentation pursuant to which the assignment or sublease, as applicable, has been effectuated within ten (10) business days after the effective date of such assignment or sublease. Any permitted transferee under (a) of this Section 8.3 shall execute and deliver to Landlord any and all documentation reasonably required by Landlord in order to evidence assignee’s assumption of all obligations of Tenant hereunder and to evidence the assignee’s compliance (or ability to comply) with (a)(II) above. Notwithstanding anything to the contrary contained in this Section 8.3, in no event may Tenant assign, mortgage, transfer, pledge or sublease this Lease to any entity whatsoever if, at the time of such assignment, mortgage, transfer, pledge or sublease, a Default has occurred and remains continuing under this Lease.

  • PERMITTED TRANSACTIONS The Member is free to engage in any activity on its own or by the means of any entity. The Member’s fiduciary duty of loyalty, as it applies to outside business activities and opportunities, and the “corporate opportunity doctrine,” as such doctrine may be described under general corporation law, is hereby eliminated to the maximum extent allowed by the Act.

  • Settlement of Transactions 1. The Company shall proceed to a settlement of all transactions upon execution of such transactions.

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