Completion of the Transfer Sample Clauses

Completion of the Transfer. 7.1 The Parties agree that after all preparation work for the Transfer has been set forth in Section 6.3 of this Agreement has been completed they will establish a “transfer team” ("Transfer Team") jointly to deliver the Target Company (including Target Company, Subsidiary Companies and its Related Companies listed in Annex II) within 3 working days. The day when Transfer Team is established is the Commencement Day of Handover. 7.2 The Transferor shall prepare a list of transfer for the Transfer Team. The list shall show all the assets, corporate books required by the law, account books, documents, agreements, and contracts and so on of Target Company, Subsidiary Companies and its Related Companies listed in Annex II. 7.3 If the Transferor provide reports or data of the Target Company, Subsidiary Companies and its Related Companies listed in Annex II which are materially different from actual facts, the Transferor shall be considered as in breach of this Agreement, the Transferee is entitled to terminate this Agreement (whereupon Transferor will be entitled to a refund of the purchase price paid by the Transferor) and require the Transferor to compensate relevant damages and losses. The Transferee is entitled to decide to waive such rights partially or entirely at its sole discretion. 7.4 To facilitate the Completion of the Transfer, the Transferor shall submit the following documents to the Transferee: (1 Permits and approvals in writing for the alteration registration of equity transfer of the Target Company, Subsidiary Companies and its Related Companies listed in Annex II (if any) from Committees of Foreign Trade and Economic Cooperation and AIC; (2 Certificates of ownership of the Transferred Equity (including register of shareholders of the Target Company, Subsidiary Companies and its Related Companies listed in Annex II); (3 Certificates or documents which proves that Subsidiary Companies of Target Company and its Related Companies of Target Company listed in Annex II have legally and validly owned the operation right of gas pipeline, the qualification of gas operation and the charging right of gas. The certificates or documents include but not limited to the agreement of operation right of gas pipeline entered into by and between the local government or authority of the local government, administrative permit of the qualification of gas enterprise, certificate of gas charging. (4 The true, necessary and sufficient certificates or documents which pr...
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Completion of the Transfer. The Parties agree that the satisfaction day of the payment precondition set forth in Article 3.2 is the Completion Day of the Transfer.
Completion of the Transfer. On the Second Closing Date, the Minority Holdings will be transferred to the Purchaser and the Purchase Price will be paid to the Sellers. Quiksilver undertakes to pay the Purchase Price on behalf of the Purchaser on the Second Closing Date. The Purchaser hereby acknowledges that this payment will give rise to a claim by Quiksilver against the Purchaser in the amount of the Purchase Price. The Sellers acknowledge having been informed that the Purchase Price will be paid by Quiksilver and they hereby consent to receive this payment from Quiksilver. Consequently, they waive in advance any right or claim against the Purchaser for payment of the Purchase Price. The Sellers will present to Quiksilver and send to the Purchaser all documents establishing their property title to the Minority Holdings and furthering the successful outcome of the Transfer of the Minority Holdings. Except in the case of a written waiver from Quiksilver upon presentation of a document or from the Purchaser upon the remittance of a document, any transactions to be completed by the Second Closing Date will be deemed as taking place subject to the completion of all of them, such that no transaction or remittance of documents, and no transfer of ownership nor payment obligation will be deemed as final until all transactions and remittances are complete. The Parties undertake to complete all formalities and to take all measures that might be necessary for the transactions to be successfully completed by the Second Closing Date under this Agreement, including under Article 5, and to inform Quiksilver on a regular basis of their progress.
Completion of the Transfer. DOCUMENTS TO BE DELIVERED BY THE SELLERS AND BY THE BUYER - INSURANCE
Completion of the Transfer or assignment of a Property is conditional on every Licence required under the relevant Lease.
Completion of the Transfer of the Shares shall take place: (i) in relation to a Right of First Refusal in accordance with Clause 7.1.1, twenty (20) Business Days after the date when a party gives notice of its intention to exercise the Right of First Refusal; and (ii) in relation to a Drag Along in accordance with Clause 7.3 or a Tag Along in accordance with Clause 7.4, on the date of closing of the transaction triggering the Drag Along, or Tag Along; in each case the “Transfer Date” and at such time and place as mutually decided by the relevant parties, provided that where the Fair Market Value has not been determined by the relevant Transfer Date, then the Transfer Date shall be postponed until the fifth (5th) Business Day after the Fair Market Value has been determined.
Completion of the Transfer. Completion shall take place on the date of the change of business registration necessary for the Transfer. As a result of Completion, Xxxxxxxxx Xxxx will be held as to 99.99% by Purchaser A and 0.01% by Purchaser B. Upon Completion, Yingshang Xxxx will cease to be a wholly-owned subsidiary of the Company and its financial statements will no longer be consolidated to the Group’s financial statements. As at the date of this announcement, the Group is one of the general partners and has invested in 5.85% interest in Purchaser A, and Purchaser A is a joint venture of the Group. As a result of Completion, Xxxxxxxxx Xxxx will be accounted for as a joint venture of the Company.
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Completion of the Transfer. The transfer is hereby completed at the date hereof (hereinafter the "Transfer Date"), the parties hereby acknowledging that the following conditions have been fulfilled at the date hereof. (a) The divestment by C & D of the following operating subsidiaries and/or affiliates and/or operating divisions thereof, including all assets, liabilities and obligations of every kind related thereto: (i) Planete Magique, a societe anonyme, with a capital of FRF 250,000, --------------- whose registered office is at 0, Xxx Xxxx Xxxxxxx, 94250 Gentilly, registered with the Registry of Trade and Companies of Creteil under number B 344 886 395, this divestment occurring at the date hereof, by payment by the Purchaser for the shares of this company to C & D of the price of one franc; (ii) Societe d'Exploitation de la Gaite Lyrique, a societe anonyme with a --------------- capital of FRF 52,623,800, whose registered office is at 0 xxx, Xxx Xxxxx, 75003 Paris, registered with the Registry of Trade and Companies of Paris, under number B 000 000 000, this divestment occurring at the date hereof, by means of payment by the Purchaser for the shares of this company to C & D of the price of one franc; and (iii) The lamp business, as described in and according to the terms of the draft sale agreement attached hereto in Annex 1 (hereafter the "Lamp Business") the divestment thereof occurring concurrently with the transfer herein. The payment of the price of the transfer of the fonds (business) shall not take place until after a maximum time ----- period of 10 days after the signature of the corresponding document. The purchaser of the Lamp Business may use "C & D Lamps" as a trade name. (iv) KK C & D, a company organized under Japanese law, with a capital of Yen 10,000,000 whose registered office is at Xxxxxxxx, XX Xxxxxxxx, 0-0-00 Xxxxxx, Xxxxxx-Xx. This divestment occurred on 28 December by means of payment by the purchaser of the Shares of the company to C & D of the price of one US dollar; and. By means of an extraordinary general resolution of the shareholders of KK C & D of 21 March 1996, the corporate name was changed to KK Asianimation. As a result thereof, all of the rights to the name C & D revert to C & D except with respect to the purchaser of the Lamp Business who shall have the right to use the trade name "C & D Lamps". (b) Signature by the Purchaser and Mr. Xxxx Xxxxxxxx of a Representation and Warranty Agreement in the form of the draft attached hereto in Annex (Ann...
Completion of the Transfer 

Related to Completion of the Transfer

  • Description of the Transfer The details of the transfer and of the personal data are specified in Annex B. The parties agree that Annex B may contain confidential business information which they will not disclose to third parties, except as required by law or in response to a competent regulatory or government agency, or as required under clause I(e). The parties may execute additional annexes to cover additional transfers, which will be submitted to the authority where required. Annex B may, in the alternative, be drafted to cover multiple transfers.

  • Completion of the Work The Contractor must obtain Material Completion as defined in Section 6.1.2 below prior to any occupancy of the Project.

  • Completion of the Project The Participating County acknowledges it is obligated to undertake and complete the design and construction of the Project in compliance with all of the applicable terms and conditions of the Project Documents and the Participating County agrees to use its best efforts to cause the completion of design and construction of the Project in compliance with the applicable terms and conditions of such documents. The Participating County agrees to complete the Project in accordance with this Agreement and consistent with the scope, cost and schedule established by the Board and attached hereto in Exhibit A, as such scope, cost and schedule may be modified with the approval of Finance and the recognition of the Board.

  • Details of the transfer The details of the transfer and in particular the special categories of personal data where applicable are specified in Appendix 1 which forms an integral part of the Clauses.

  • Completion of Repairs Borrower will commence any Repairs as soon as practicable after the date of this Loan Agreement and will diligently proceed with and complete such Repairs on or before the Completion Date. All Repairs and Capital Replacements will be completed in a good and workmanlike manner, with suitable materials, and in accordance with good building practices and all applicable laws, ordinances, rules, regulations, building setback lines and restrictions applicable to the Mortgaged Property. Borrower agrees to cause the replacement of any material or work that is defective, unworkmanlike or that does not comply with the requirements of this Loan Agreement, as determined by Lender.

  • Upon completion of the Project the Recipient shall make a full and complete accounting to the OPWC of the Eligible Project Cost.

  • COMMENCEMENT AND COMPLETION OF THE PROJECT Section 3.01 The Project (a) The Company intends and expects, together with any Sponsor Affiliate, to (i) construct and acquire the Project, and (ii) meet the Contract Minimum Investment Requirement within the Investment Period. The Company anticipates that the first Phase of the Project will be placed in service during the calendar year ending December 31, 2020. (b) Pursuant to the FILOT Act and subject to Section 4.03 hereof, the Company and the County hereby agree that the Company and any Sponsor Affiliates shall identify annually those assets which are eligible for FILOT payments under the FILOT Act and which the Company or any Sponsor Affiliate selects for such treatment by listing such assets in its annual PT-300S form (or comparable form) to be filed with the Department (as such may be amended from time to time) and that by listing such assets, such assets shall automatically become Economic Development Property and therefore be exempt from all ad valorem taxation during the Exemption Period. Anything contained in this Fee Agreement to the contrary notwithstanding, the Company and any Sponsor Affiliates shall not be obligated to complete the acquisition of the Project. However, if the Company, together with any Sponsor Affiliates, does not meet the Contract Minimum Investment Requirement within the Investment Period, the provisions of Section 4.03 hereof shall control. (c) The Company may add to the Land such real property, located in the same taxing District in the County as the original Land, as the Company, in its discretion, deems useful or desirable. In such event, the Company, at its expense, shall deliver an appropriately revised Exhibit A to this Fee Agreement, in form reasonably acceptable to the County.

  • Completion of Project This Grant Agreement shall terminate upon completion of the project and payment of the last invoice.

  • Execution of the Project (a) The Recipient declares its commitment to the objectives of the Project as set forth in Schedule 2 to this Agreement, and, to this end, shall carry out the Project through its MoE with due diligence and efficiency and in conformity with appropriate financial, economic, environmental and administrative practices, and shall provide, promptly as needed, the funds, facilities, services and other resources required for the Project. (b) Without limitation upon the provisions of paragraph (a) of this Section and except as the Recipient and the Association shall otherwise agree, the Recipient shall carry out the Project in accordance with the Implementation Program set forth in Schedule 4 to this Agreement. (a) Except as the Association shall otherwise agree, procurement of the goods, works and consultants’ services required for the Project and to be financed out of the proceeds of the Grant shall be governed by the provisions of Schedule 3 to this Agreement, as said provisions may be further elaborated in the Procurement Plan. (b) The Recipient shall update the Procurement Plan in accordance with terms of reference acceptable to the Association, and furnish such update to the Association not later than twelve (12) months after the date of the preceding Procurement Plan, for the Association’s approval. Section 3.03. Without limitation upon any of its obligations under paragraph (a) of Section 3.01 of this Agreement and except as the Recipient and the Association shall otherwise agree, the Recipient shall: (i) not later than by the effectiveness of this Agreement open a separate project account (the Project Account) in a commercial bank acceptable to the Association; (ii) thereafter maintain the Project Account during the entire Project implementation period, and replenish said Account regularly with funds sufficient to ensure the Recipient’s Project co-financing obligations; and (iii) use the amount in the Project Account exclusively for financing the Recipient’s contribution to Project expenditures. Section 3.04. For the purposes of Section 6.09 of the General Conditions and without limitation thereto, the Recipient shall: (a) prepare, on the basis of guidelines acceptable to the Association, and furnish to the Association not later than six (6) months after the Closing Date or such later date as may be agreed for this purpose between the Recipient and the Association, a plan designed to ensure the continued achievement of the Project’s objectives; and (b) afford the Association a reasonable opportunity to exchange views with the Recipient on said plan.

  • Construction of the Project The Allottee has seen the proposed layout plan, specifications, amenities and facilities of the Apartment/ Plot and accepted the floor plan, payment plan and the specification, amenities and facilities annexed along with this Agreement which has been approved by the competent authority, as represented by the Promoter. The Promoter shall develop the Project in accordance with the said layout plans, floor plans and specifications, amenities and facilities. Subject to the terms in this Agreement, the Promoter undertakes to strictly abide by such plans approved by the competent authorities and shall also strictly abide by the bye-laws, FAR, and density norms and provisions prescribed by the relevant building bye-laws and shall not have an option to make any variation/ alteration/ modification in such plans, other than in the manner provided under the Act, and breach of this term by the Promoter shall constitute a material breach of this Agreement.

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