Disposal of Interest Sample Clauses

Disposal of Interest. 6.1 The Manager must not transfer, sub licence, assign, mortgage or otherwise dispose of the Manager’s interest under this Agreement or any part of it (which includes the Manager entering into a contract or any other arrangement whatsoever whereby the Management Activity would be carried out by a person (called the assignee) other than the Manager) without the prior written consent of the Director-General. 6.2 The Director-General may in the Director-General’s discretion decline any application for consent under clause 6.1.
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Disposal of Interest. VI.1 Restrictions on Transfer 11 11 Except as otherwise provided for herein or as specifically consented to in writing by the Shareholders, the Shareholders shall not, and shall not make any agreement to, directly or indirectly, sell, assign, transfer, give, devise, bequeath, mortgage, charge, pledge, hypothecate or otherwise dispose of, alienate or in anyway encumber or create a security interest in, or grant any option on, any of the Shares. Any attempt to accomplish or effect any or all of the acts prohibited hereby shall be null and void. For greater certainty, any change or attempt to effect a change in the beneficial ownership of Shares by any Shareholder (other than any transfer of shares of Clairvest) shall be deemed to be a transfer or an attempt to transfer Shares by such Shareholder.
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Disposal of Interest. Upon a Partner having withdrawn as a member of the Partnership in accordance with the provisions of this agreement or having disposed of its entire interest in the Partnership, such Partner shall cease to be a party to this agreement.
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Disposal of Interest. 5.01 No Co-Owner shall dispose of their interest in the Lands or their Homestead without the written consent of the other Co-Owners. 5.02 No Co-Owner shall dispose of their interest in the Lands or their Homestead unless the prospective purchaser enters into and agrees to comply with the terms of this Agreement. 5.03 In the event that a Co-Owner wishes to terminate his involvement in the Lands, that Co-Owner shall offer their interest in the Lands and their Homestead to other Co-Owners at a price equal to that Co-Owner’s Co-Ownership Value, which value shall be determined by Agreement between the Co-Owners within twenty one (21) days of the notice by terminating Co-Owner to the remaining Co-Owners. 5.04 In the event that the Co-Owners fail to agree on the Co-Ownership Value, in accordance with Paragraph 5.03 hereof, the terminating Co-Owner shall be entitled to list their interest in the Lands and their Homestead for sale but before accepting any bona fide arms length offer, they shall notify the other Co-Owners in writing, setting forth the price and terms of such bona fide arms length offer and the names, home address, business address and business or occupation of the person making the bona fide arms length offer or if the offer is from a corporation, such similar information for all shareholders owning twenty per cent (20%) or more of the shares of any class of the corporation as are known to the terminating Co-Owner or are ascertainable upon a reasonable enquiry. Subject to Paragraph 5.05, upon receipt of this notice, the other Co-Owners shall have the right to not accept the proposed bona fide purchaser, which right must be exercised within twenty (20) days after the date of the notice by notify the terminating Co-Owner in writing that they do not accept the proposed bona fide purchaser. Upon notice that the other Co-Owners do not accept the bona fide purchaser, the terminating Co-Owner shall not dispose of their interest in the Lands or their Homestead to the bona fide purchaser. 5.05 If pursuant to Paragraph 5.04, the terminating Co-Owner has proposed two different bona fide purchasers and the remaining Co-Owners have given notice not to accept both of those proposed bona fide purchasers, then when the terminating Co-Owner proposes a third different bona fide purchaser, the remaining Co-Owners must either elect by consensus to: (a) Accept the third bona fide purchaser; or (b) Purchase the terminating Co-Owner’s interest in the Lands and their Homes...
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Disposal of Interest. 3.1 Our consent is required
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Disposal of Interest. We can dispose of Our interest in this Sublease without Your consent.
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Disposal of Interest. (a) A Venturer may not Dispose of any of its Interest in the Venture except with the prior consent of News and OMS. (b) News shall ensure that its Venturer does not cease to be owned by a person in which News has at least a direct or indirect 30% ownership interest without the prior consent of OMS. The transfer by News of ownership of News' Venturer does not affect News' obligations in relation to access to News' Content under Clause 2.8. News may transfer its Venturer to a person as part of the acquisition by that person of all or substantially all of the assets of News, including News' rights under this Agreement. (c) OMS shall ensure that its Venturer does not cease to be a Wholly-owned Subsidiary of OMS and does not cease to be Controlled by
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Disposal of Interest. (a) The Company ceases to own directly: (i) at least 99.996222 per cent. of the issued and paid-up share capital of Hungarotel; or (ii) 100 per cent. of the issued and paid-up share capital of Novacom and Pantel Technocom; (b) Novacom ceases to have direct control over any of the following entities or to own directly: (i) at least 80 per cent. of the issued and paid-up share capital of Pantel Slovakia s.r.o; (ii) at least 80 per cent. of the issued and paid-up share capital of Pantel Telekommunikacije in Kommunikacije d.o.o.; (iii) at least 80 per cent. of the issued and paid-up share capital of Pantel Telecommunications and Communications Services GmbH (iv) at least 80 per cent. of the issued and paid-up share capital of SC Pantel Romania SRL; (v) at least 80 per cent. of the issued and paid-up share capital of Company for Telecommunication and Communication Pantel d.o.o. Novi Sad; and (vi) at least 80 per cent. of the issued and paid-up share capital of PTB EAD. unless the change of ownership is made as part of a Permitted Reorganisation or the entity is a Dormant Subsidiary. (c) Any entity whose share capital is identified in paragraph (a) or (b) above ceases to be a person of which the Company has direct or indirect control. (d) Any entity whose share capital is identified in paragraph (b) above ceases to be a person of which Novacom has direct or indirect control.
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Related to Disposal of Interest

  • Accrual of Interest Each Note will accrue interest at a rate per annum equal to 3.50% (the “Stated Interest”), plus any Additional Interest and Special Interest that may accrue pursuant to Sections 3.04 and 7.03, respectively. Stated Interest on each Note will (i) accrue from, and including, the most recent date to which Stated Interest has been paid or duly provided for (or, if no Stated Interest has theretofore been paid or duly provided for, the date set forth in the certificate representing such Note as the date from, and including, which Stated Interest will begin to accrue in such circumstance) to, but excluding, the date of payment of such Stated Interest; and (ii) be, subject to Sections 4.02(D), 4.03(E) and 5.02(D) (but without duplication of any payment of interest), payable semi-annually in arrears on each Interest Payment Date, beginning on the first Interest Payment Date set forth in the certificate representing such Note, to the Holder of such Note as of the Close of Business on the immediately preceding Regular Record Date. Stated Interest, and, if applicable, Additional Interest and Special Interest, on the Notes will be computed on the basis of a 360-day year comprised of twelve 30-day months.

  • Disposal of Waste The licensee shall have to make their own arrangements for daily disposal of waste (after segregation of dry and wet waste) out of Maha-Metro premises. The wastes shall be dumped at sites approved by concerned civic agencies to ensure perfect cleanliness. If any kind of waste is found disposed off on Maha-Metro land or premises a penalty/fine of Rs. 5000/- per instance shall be imposed by Maha-Metro for each occasion.

  • Disposal of Subsidiary Interests Except for any sale of all of its interests in the Equity Interests of any of its Subsidiaries in compliance with the provisions of Section 8.9 and except for Liens securing the Obligations, no Credit Party shall, nor shall it permit any of its Subsidiaries to, (a) directly or indirectly sell, assign, pledge or otherwise encumber or dispose of any Equity Interests of any of its Subsidiaries, except to qualify directors if required by Applicable Laws; or (b) permit any of its Subsidiaries directly or indirectly to sell, assign, pledge or otherwise encumber or dispose of any Equity Interests of any of its Subsidiaries, except to another Credit Party (subject to the restrictions on such disposition otherwise imposed hereunder), or to qualify directors if required by Applicable Laws.

  • Disposal of Transmitted Items Upon your receipt of a confirmation approval from Credit Union that we have received an image that you have transmitted, you agree to retain the check for at least 60 calendar days from the date of the image transmission. After 60 days, you agree to destroy the check that you transmitted as an image, mark it "VOID", or otherwise render it incapable of further transmission, deposit, or presentment. During the time the retained check is available, you agree to promptly provide it to Credit Union upon request.

  • Disposal of Property a) Prior to disposal of any property purchased with funds from this Contract or any predecessor Contract, Subrecipient must obtain approval from CDA for reportable property. Disposition, which includes sale, trade-in, discarding, or transfer to another agency may not occur until approval is received from CDA. Subrecipient shall email to County the electronic version of the Request to Dispose of Property (CDA 248). CDA will then instruct County on disposition of the property, and County will notify Subrecipient. Once approval for disposal has been received from CDA, and the County has reported to CDA the Property Survey Report’s (STD 152) Certification of Disposition, the item(s) shall be removed from Subrecipient’s inventory report. b) Subrecipient must remove all confidential, sensitive, or personal information from CDA property prior to disposal, including removal or destruction of data on computing devices with digital memory and storage capacity. This includes, but is not limited to magnetic tapes, flash drives, personal computers, personal digital assistants, cell or smart phones, multi-function printers, and laptops.

  • Disposal of Assets Where the Academy Trust acquires assets for a nil consideration or at an under value it shall be treated for the purpose of this Agreement as having incurred expenditure equal to the market value of those assets at the time that they were acquired. This provision shall not apply to assets transferred to the Academy Trust at nil or nominal consideration and which were previously used for the purposes of an Academy and/or were transferred from an LA, the value of which assets shall be disregarded.

  • Disposal of Subsidiary Stock Except for any sale of any Regulatory Shares or all of the Capital Stock of a Subsidiary owned by the Borrower or its Subsidiaries, in each case in compliance with the provisions of Section 6.03 hereof, Borrower shall not directly or indirectly sell, assign, pledge or otherwise encumber or dispose of any shares of Capital Stock or other equity securities of any of its Subsidiaries, except to qualify directors if required by applicable law; or permit any of its Subsidiaries directly or indirectly to sell, assign, pledge or otherwise encumber or dispose of any shares of Capital Stock or other equity securities of any of its Subsidiaries (including such Subsidiary), except to Borrower, a Subsidiary Loan Party, or to qualify directors if required by applicable law.

  • Cessation of Accrual of Interest Except as provided in Sections 4.02(D), 4.03(E) or 5.02(D), interest will cease to accrue on each Note from, and including, the date that such Note is deemed, pursuant to this Section 2.18, to cease to be outstanding, unless there occurs a default in the payment or delivery of any cash or other property due on such Note.

  • Return or Disposal of Issuer PII Except where return or disposal is prohibited by applicable law, promptly on the earlier of the completion of the Review or the request of the Issuer, all Issuer PII in any medium in the Asset Representations Reviewer’s possession or under its control will be (i) destroyed in a manner that prevents its recovery or restoration or (ii) if so directed by the Issuer, returned to the Issuer without the Asset Representations Reviewer retaining any actual or recoverable copies, in both cases, without charge to the Issuer. Where the Asset Representations Reviewer retains Issuer PII, the Asset Representations Reviewer will limit the Asset Representations Reviewer’s further use or disclosure of Issuer PII to that required by applicable law.

  • Accrual of Interest and Maturity; Evidence of Indebtedness (i) Swing Line Lender shall maintain in accordance with its usual practice an account or accounts evidencing indebtedness of the Borrower to Swing Line Lender resulting from each Swing Line Advance from time to time, including the amount and date of each Swing Line Advance, its Applicable Interest Rate, its Interest Period, if any, and the amount and date of any repayment made on any Swing Line Advance from time to time. The entries made in such account or accounts of Swing Line Lender shall be prima facie evidence, absent manifest error, of the existence and amounts of the obligations of the Borrower therein recorded; provided, however, that the failure of Swing Line Lender to maintain such account, as applicable, or any error therein, shall not in any manner affect the obligation of the Borrower to repay the Swing Line Advances (and all other amounts owing with respect thereto) in accordance with the terms of this Agreement. (ii) The Borrower agrees that, upon the written request of Swing Line Lender, the Borrower will execute and deliver to Swing Line Lender a Swing Line Note. (iii) The Borrower unconditionally promises to pay to the Swing Line Lender the then unpaid principal amount of such Swing Line Advance (plus all accrued and unpaid interest) on the Revolving Credit Maturity Date and on such other dates and in such other amounts as may be required from time to time pursuant to this Agreement. Subject to the terms and conditions hereof, each Swing Line Advance shall, from time to time after the date of such Advance (until paid), bear interest at its Applicable Interest Rate.

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