Documentation for Transfers Sample Clauses
The 'Documentation for Transfers' clause requires parties involved in a transfer—such as the transfer of assets, rights, or obligations—to provide specific documentation to validate and formalize the transaction. Typically, this means that the transferring party must supply records like transfer agreements, receipts, or other evidence confirming the details and legitimacy of the transfer. By mandating clear documentation, this clause ensures transparency, reduces the risk of disputes, and provides a reliable paper trail for both parties.
Documentation for Transfers. Any Transfer by any Party that is otherwise permitted pursuant to Section 3.1 shall not be effective unless and until the other Parties have received a document executed by both the transferring Party (or its legal representative) and the permitted transferee (or its legal representative) that includes: (a) the notice address of the permitted transferee; (b) such permitted transferee’s express agreement in writing to (i) be bound by all of the terms and conditions of this Agreement and any applicable Associated Agreement and (ii) assume an undivided interest (in an amount equal to the Participating Interest being Transferred to the permitted transferee) of all of the liabilities and obligations of the transferring Party under this Agreement and any applicable Associated Agreements (which may be limited to the liabilities and obligations arising from and after the effective time of the assignment); (c) a description of the Participating Interests in the Subject Assets being Transferred by the transferring Party to the permitted transferee immediately following the Transfer; and (d) representations and warranties to the other Parties from both the transferring Party and the permitted transferee that the Transfer was made in accordance with applicable Law (including state and federal securities Law) and the terms and conditions of this Agreement and any applicable Associated Agreements. Each permitted Transfer shall be effective against the other Parties as of the first Business Day of the calendar month immediately following the other Parties’ receipt of the document required by this Section 3.2.
Documentation for Transfers. Any Transfer (other than a Transfer of an Immaterial Interest or a Transfer permitted under Section 4.1(c)(i)) by any Party that is otherwise permitted pursuant to Section 4.1 shall not be effective unless and until the other Parties have received a document executed by both the transferring Party (or its legal representative) and the permitted transferee (or its legal representative) that includes: (a) the notice address of the permitted transferee; (b) such permitted transferee's express agreement in writing to (i) be bound by all of the terms and conditions of this Agreement and any applicable Associated Agreement and (ii) assume an undivided interest (in an amount equal to the Participating Interest being Transferred to the permitted transferee) of all of the liabilities and obligations of the transferring Party under this Agreement and any applicable Associated Agreements (which may be limited to the liabilities and obligations arising from and after the effective time of the assignment); (c) a description of the Participating Interests in the Subject Assets being Transferred by the transferring Party and the permitted transferee immediately following the Transfer; and (d) representations and warranties to the other Parties from both the transferring Party and the permitted transferee that the Transfer was made in accordance with applicable Law (including state and federal securities Law) and the terms and conditions of this Agreement and any applicable Associated Agreements. Each permitted Transfer shall be effective against the other Parties as of the first Business Day of the calendar month immediately following the other Parties' receipt of the document required by this Section 4.2.
Documentation for Transfers. Any Transfer by any Party that is otherwise permitted pursuant to Section 3.1 or 3.2 shall not be effective unless and until the other Party has received a document executed by both the transferring Party (or its legal representative) and the permitted transferee (or its legal representative) that includes: (a) the identity and notice address of the permitted transferee; (b) such permitted transferee’s express agreement in writing to (i) be bound by, and fully and timely perform, subject to Section 3.1(a), all of the terms and conditions of this Agreement and any applicable Associated Agreement, and (ii) assume, subject to Section 3.1(a), an undivided interest (in an amount equal to the Party Interests being Transferred to the permitted transferee) of all of the liabilities and obligations of the transferring Party under this Agreement and any applicable Associated Agreements (which may be limited to the liabilities and obligations arising from and after the effective time of the assignment); and (c) a description of the Party Interests being Transferred.
Documentation for Transfers. No Transfer that is otherwise permitted under this Article 9 will be effective unless and until the non-Transferring Party has received a copy of the Transfer instruments executed by both the Transferring Party (or its legal representative) and the transferee (or its legal representative) that includes: (a) the identity and notice address of such transferee; (b) such transferee’s express agreement in writing to (i) be bound by and fully and timely perform all of the terms and conditions of this Agreement and any applicable Associated Agreements, and (ii) if applicable, assume an undivided interest, in an amount equal to the JV Interests being Transferred to the permitted transferee, of all of the Liabilities and obligations of the Transferring Party under any applicable Associated Agreements; (c) if applicable, a description of the JV Interests being Transferred; and (d) representations and warranties to the non-Transferring Party from the Transferring Party that the Transfer was made in accordance with applicable Law (including state and federal securities Law) and the terms and conditions of any applicable Associated Agreements.
Documentation for Transfers. 25 4.3 Maintenance of Uniform Interest...................................................................... 26