Consideration for Transfer of Transferred Assets Sample Clauses

Consideration for Transfer of Transferred Assets. The consideration to be provided by the Trust to the Depositor and the Depositor Eligible Lender Trustee for the Transfer of the Transferred Assets shall be payment of the Purchase Price. The Trust Eligible Lender Trustee shall deposit a portion of the Purchase Price equivalent to the origination fees owing to the United States Department of Education with respect to the Financed Student Loans that are part of the Transferred Assets into a separate account. Such funds shall be used to pay such origination fees when due. The remainder of the Purchase Price shall be paid to the Depositor.
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Consideration for Transfer of Transferred Assets. The consideration to be provided by Co-Owner Trustee to the Depositor and the Depositor Eligible Lender Trustee for
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Consideration for Transfer of Transferred Assets. The consideration to be provided by the Co-Owner Trustee to the Depositor and the Depositor Eligible Lender Trustee for the Transfer of the Transferred Assets shall be the assumption by the Trust of the Depositor Obligations in accordance with Section 1.03(a) hereof. The consideration to be provided by Co-Owner Eligible Lender Trustee to the Depositor and the Depositor Eligible Lender Trustee for the Transfer of the Transferred Assets shall be the assumption by Co-Owner Eligible Lender Trustee of the Depositor Eligible Lender Trustee Obligations in accordance with Section 1.03(b) hereof.
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Related to Consideration for Transfer of Transferred Assets

  • 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.

  • Sale and Transfer of Shares Closing Subject to the terms and conditions of this Agreement, at the Closing, the following will occur:

  • Transfer of Purchased Assets At each exercise of the Asset Purchase Option by Party A:

  • Sale and Transfer of Shares Subject to the terms and conditions of this Agreement, at the Closing, Seller shall sell, convey, assign, transfer and deliver to Purchaser all the issued and outstanding Shares, free and clear of all Encumbrances, except for any Encumbrance arising under the Securities Act or any applicable state securities laws, and Purchaser shall purchase, acquire and accept the Shares from Seller.

  • Exchange and Registration of Transfer of Notes Depositary 16 Section 2.06. Mutilated, Destroyed, Lost or Stolen Notes 18 Section 2.07. Temporary Notes 19 Section 2.08. Cancellation of Notes Paid, Converted, Etc. 20 Section 2.09. CUSIP Numbers 20 Section 2.10. Additional Notes; Repurchases 20

  • Exception for Certain Family Transfers Anything to the contrary contained in this Section notwithstanding, the transfer of any or all of the Shares during the Optionee’s lifetime or on the Optionee’s death by will or intestacy to the Optionee’s immediate family or a trust for the benefit of the Optionee’s immediate family shall be exempt from the provisions of this Section. “Immediate Family” as used herein shall mean spouse, lineal descendant or antecedent, father, mother, brother or sister. In such case, the transferee or other recipient shall receive and hold the Shares so transferred subject to the provisions of this Section, and there shall be no further transfer of such Shares except in accordance with the terms of this Section.

  • Transfer of Optioned Interests For each exercise of the Equity Interest Purchase Option:

  • Transfer of Membership Interest The Sole Member may Transfer any part or all of its rights and interest (including, but not limited to, its Capital Account) in the Company (each a “Membership Interest”) now owned or hereafter acquired to any Person, and the transferee of such Membership Interest shall become a Member of the Company.

  • Transfer of Membership Interests (a) The Member may transfer its Membership Interest, in whole but not in part, but the transferee shall not be admitted as a Member except in accordance with Section 6.07. Until the transferee is admitted as a Member, the Member shall continue to be the sole member of the Company (subject to Section 1.02) and to be entitled to exercise any rights or powers of a Member of the Company with respect to the Membership Interest transferred.

  • Transfer of Equity Interest Upon each exercise of the Option under this Agreement:

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