Cost Transfer Agreement Sample Clauses

Cost Transfer Agreement. The Company is aware that its managing director PG is currently serving as the managing director of the Seller. The Seller has provided PG with a company car by concluding a leasing agreement No. 4871492 with Audi Leasing on 03 August 2010 (the “Leasing Agreement”). The agreed leasing rate under the Leasing Agreement amounts to EUR 1,520.75 per month. The term of the Leasing Agreement is 36 months. Upon conclusion of the Service Agreement (as defined in section 10.2), PG will be devoting his time predominantly to the Company. Under section 3.5 of the Service Agreement with the Company PG is entitled to a company car. The Seller and the Company herewith agree that PG may retain the company car provided to him by the Seller and subject to the Leasing Agreement until the end of the term of the Leasing Agreement in which event the Company shall be deemed to have fulfilled its obligations under section 3.5 of the Service Agreement. In return, the Company shall assume all payment obligations of the Seller resulting from or in connection with the Leasing Agreement, including but not limited to payment of monthly leasing rates, maintenance and insurance costs, etc. (the “Cost Transfer Agreement”). For avoidance of doubt, from the economic viewpoint the Company shall be treated as the lessee under the Leasing Agreement. For this purpose, it shall, upon conclusion of this Agreement, take all necessary measures to allow Audi Leasing to debit the monthly leasing rate under the Leasing Agreement directly from the Company’s bank account, shall directly cover all maintenance and other costs of the company car which may be required from time to time and shall reimburse the Seller without undue delay for any payments conducted in conjunction with the Leasing Agreement. PG herewith agrees to the Cost Transfer Agreement pursuant to this section 10.1.1.
Sample 1
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Related to Cost Transfer Agreement

  • Transfer Agreement PROVISION FOR TRANSFER AGREEMENT The undersigned (“Transferee”) hereby acknowledges that it has read and understands the Plan Support Agreement, dated as of [•], 2021 (the “Agreement”),1 by and among the Commitment Parties, including the transferor to the Transferee of any Senior Note Claims (each such transferor, a “Transferor”), and agrees to be bound by the terms and conditions thereof to the extent the Transferor was thereby bound, and shall be deemed a “Commitment Party” under the terms of the Agreement, based on the Debtor Claim that is Transferred. This Transfer Agreement shall be governed by, and construed in accordance with, the internal laws of the State of New York, without giving effect to the principles of conflict of laws that would require the application of the law of any other jurisdiction. The Transferee specifically agrees to be bound by the terms and conditions of the Agreement and makes all representations and warranties contained therein as of the date of the Transfer, including the agreement to be bound by the vote of the Transferor if such vote was cast before the effectiveness of the Transfer discussed herein. The Transferee intends to be and is bound under the Agreement with respect to any and all claims against, or interests in, any of the Debtors, whether currently held or hereafter acquired by such Transferee. Date Executed: ________________ TRANSFEREE Name of Institution: By: Name: Its: Telephone: Facsimile: Aggregate Amounts Beneficially Owned or Managed on Account of Senior Note Claims: 2026 Senior Notes $ Credit Agreement Claims: $ 1 Capitalized terms not used but not otherwise defined herein shall have the meanings ascribed to such terms in the Agreement. DIP Claims: $ Xxxxxxx Common Stock Number of Shares: Any other Debtor Claims: Type: $ Type: $ NOTICE ADDRESS: [ ] [ ] [ ] Attention: [ ] E-mail: [ ] with a copy to: [ ] [ ] [ ] Attention: [ ] E-mail: [ ] EXHIBIT C JOINDER AGREEMENT Joinder Agreement [_________], 2021 The undersigned (“Transferee”) hereby acknowledges that it has read and understands the Plan Support Agreement, dated as of [•], 2021, a copy of which is attached hereto as Annex I (as it may be amended, supplemented, or otherwise modified from time to time, the “Agreement”),1 by and among the Commitment Parties.

  • Asset Purchase Agreement The transactions contemplated by the Asset Purchase Agreement shall have been consummated.

  • Contribution Agreement The Agent shall have received an executed counterpart of the Contribution Agreement.

  • Stock Purchase Agreement (a) Purchaser understands and agrees that the conversion of the Note into equity securities of the Company may require such Purchaser’s execution of certain agreements (in form reasonably agreeable to a majority in interest of the Purchasers) relating to the purchase and sale of such securities as well as registration, information and voting rights, if any, relating to such equity securities.

  • Agreement to Purchase and Sell On the terms and subject to the conditions set forth in this Agreement, each Originator, severally and for itself, agrees to sell to the Buyer, and the Buyer agrees to purchase from such Originator, from time to time on or after the Closing Date, but before the Purchase and Sale Termination Date (as defined in Section 1.4), all of such Originator’s right, title and interest in and to:

  • The Purchase Agreement This Agreement has been duly authorized, executed and delivered by the Company and the Guarantors.

  • Share Purchase Agreement 33- --------------------------------------------------------------------------------

  • Post-Closing Agreement Administrative Agent shall have received an executed and delivered post-closing agreement (the “Post-Closing Agreement”) with respect to certain post-closing undertakings by the Credit Parties.

  • Amendment to Purchase Agreement The Purchase Agreement is hereby amended as follows:

  • Acquisition Agreements If the Equipment is subject to any Acquisition Agreement, Lessee, as part of this lease, transfers and assigns to Lessor all of its rights, but none of its obligations (except for Lessee's obligation to pay for the Equipment conditioned upon Lessee's acceptance in accordance with Paragraph 6), in and to the Acquisition Agreement, including but not limited to the right to take title to the Equipment. Lessee shall indemnify and hold Lessor harmless in accordance with Paragraph 19 from any liability resulting from any Acquisition Agreement as well as liabilities resulting from any Acquisition Agreement Lessor is required to enter into on behalf of Lessee or with Lessee for purposes of this lease.

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