Consideration for Transfer Sample Clauses

Consideration for Transfer. Notwithstanding anything to the contrary herein contained, except as may be required by Section 5 hereof, where a Transfer is made for consideration, in no event shall any such Transfer by Executive of Executive Securities be made under Section 6(c) or offered to be made under Section 6(b) for any consideration other than United States dollars payable in full upon consummation of such Transfer.
AutoNDA by SimpleDocs
Consideration for Transfer. Pursuant to the terms and provisions of this Agreement, in consideration for the transfer of the limited partner units in FFP Properties, the Partnership is issuing and delivering to the REIT certificates evidencing 37,794 units of limited partner interest in the Partnership.
Consideration for Transfer. 5.1 The consideration for the transfer of any part or all of the Equity Interest by the Shareholder(s) to Newegg and/or its designee(s) shall be payment by Newegg to the Shareholder(s) of the value of the portion of the Equity Interest in question, the purchase price of which shall be the minimum consideration permitted by applicable PRC laws and regulations. 5.2 The method of payment shall be determined by consultation among the Parties and in accordance with applicable PRC law. To the extent permitted by PRC law, one such method shall be the cancellation by Newegg of a corresponding portion of the Indebtedness. 5.3 To the extent permitted by applicable PRC law, the Shareholder(s) shall use any and all proceeds obtained in connection with the transfer of any part or all of the Equity Interest by the Shareholder(s) according to Section 5.1 and Section 5.2 above for the repayment of the Indebtedness.
Consideration for Transfer. Pursuant to the terms and provisions of this Agreement, in consideration for the transfer of such interest in the Operating Partnership FFP Marketing is issuing and delivering to the Partnership certificates evidencing 3,741,621 shares of stock of the FFP Marketing.
Consideration for Transfer. Pursuant to the terms and provisions of this Agreement, in consideration for the transfer of the one percent (1%) interest in the Operating Partnership, FFP Financial Services, L.P. and FFP Transportation, L.L.C., and the one hundred percent (100%) interest in Direct Fuels Management Company, Inc., FFPLLC is issuing and delivering to FFPMC, certificates evidencing 1,000 shares of stock of FFPLLC.
Consideration for Transfer. 4 2.1 Consideration.....................................................4 2.2
Consideration for Transfer. Pursuant to the terms and provisions of this Agreement, in consideration for the transfer of the limited partner interest in the Partnership, the Partnership is transferring, assigning and conveying to the members of the Harvison Family certificates evidencing 1,469,943 units of limixxx xxxtner interest of FFP Properties in the same proportion as their prior holdings of the limited partner interest in the Partnership.
AutoNDA by SimpleDocs
Consideration for Transfer. In exchange for the number of shares transferred by the Shareholders pursuant to Paragraph 1.01, Purchaser will issue and cause to be delivered to the Shareholders, on the Closing Date, a total of 10,000,000 shares of Purchaser Common Stock, as follows: No. of Shares of Purchaser Name of Shareholder Common Stock to be Issued Pexxx Xxxx 8,000,000 shares Asxxxx X. Xxxxxx 2,000,000 shares Total Shares to be Issued
Consideration for Transfer. Sixty percent (60%) of all (i) consideration paid or payable by Transferee to Tenant as consideration for any such Transfer, and (ii) rents received in connection with the Transfer by Tenant from Transferee in excess of Base Rent, Operating Expenses and Real Property Taxes payable by Tenant to Landlord under this Lease (“Profits”) shall be paid by Tenant to Landlord immediately upon receipt thereof by Tenant; provided that Tenant may first recover its reasonable expenses incurred in connection with such Transfer for reasonable brokers’ commissions and legal fees not in excess of then prevailing market rates, tenant improvement allowances actually paid and tenant improvement costs to the extent such tenant improvements shall have been approved by Landlord as required under Paragraph 10 (“Transaction Costs”). If there is more than one sublease under this Lease, the amounts (if any) to be paid by Tenant to Landlord pursuant to the preceding sentence shall be separately calculated for each sublease and amounts due Landlord with regard to any one sublease may not be offset against rent and other consideration pertaining to or due under any other sublease. If this Lease is assigned, whether or not in violation of the terms of this Lease, Landlord may collect rent from the assignee, provided that, in the absence of an Event of Default, Tenant has recovered all of Tenant’s Transaction Costs and Landlord pays Tenant its share of any Profits. If the Premises or any part thereof is sublet, Landlord may, upon an Event of Default by Tenant hereunder, collect rent from the subtenant. In either event, Landlord shall apply the amount collected from the assignee or subtenant to Tenant’s monetary obligations hereunder. Neither Landlord’s collection of rent from a Transferee nor any course of dealing between Landlord and any Transferee shall constitute or be deemed to constitute Landlord’s consent to any Transfer.
Consideration for Transfer. In consideration for the transfer of the Transfer Assets to Tumwater, Xxxxxxxx agrees to make payment to Xxxxx in the amount of Two million, four hundred thousand, four hundred and sixty-one dollars ($2,400,461.00). Said payment shall be made within 90 days of execution of this Agreement.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!