Foreclosure Transfers Sample Clauses

Foreclosure Transfers. For purposes of this Section 13.16, a “Foreclosure Transfer” shall mean any transfer of the entire leasehold estate of Tenant under this Lease or of all of the ownership interests in Tenant to any person or entity that is not an Affiliate of Landlord, Tenant or any subtenant, pursuant to any judicial or nonjudicial foreclosure or other enforcement of remedies under or with respect to a Leasehold Mortgage or with respect to the exercise of remedies by a Tenant Mezzanine Lender, or by voluntary transfer in lieu thereof in either case. A “Foreclosure Purchaser” shall mean any transferee (including without limitation a Leasehold Mortgagee) that acquires the entire leasehold estate under this Lease or to all of the ownership interests in Tenant pursuant to a Foreclosure Transfer or Subsidiary Transfer (as defined below), as applicable. Notwithstanding anything to the contrary in this Lease, the consent of Landlord shall not be required with respect to any Foreclosure Transfer or, following a Foreclosure Transfer in which the Foreclosure Purchaser was a Leasehold Mortgagee or a Tenant Mezzanine Lender, to any subsequent transfer of this Lease or the ownership interests in Tenant to a wholly- owned subsidiary of such Leasehold Mortgagee (a “Subsidiary Transfer”). With respect to a single subsequent transfer of this Lease or the ownership interests in Tenant to any third party following a Foreclosure Transfer in which the Foreclosure Purchaser was a Leasehold Mortgagee or following a Subsidiary Transfer the consent of Landlord shall not be required. In any event, any such transferee shall assume the obligations of Tenant under this Lease arising from and after the date of transfer to such transferee, and expressly confirm in writing that the same are in full force and effect and otherwise satisfy the requirements of this Section 13.16 and all other provisions of this Lease concerning an assignment hereof, excluding, however, the requirement to obtain Landlord’s consent pursuant to ARTICLE XII. Upon such sale or assignment, the Foreclosure Purchaser shall be relieved of all obligations under this Lease accruing from and after the date of such transfer.
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Foreclosure Transfers 

Related to Foreclosure Transfers

  • Balance Transfers We may permit you to transfer balances and obligations that you owe other companies or financial institutions to your Account, subject to the terms and conditions disclosed in the Offer Materials (“Balance Transfers”). Balance Transfers will post to your Account and be separately reflected on monthly Account statements as a Balance Transfer, or, depending upon the offer, may post to the Account and be treated as a Purchase or an Advance. We will, in connection with any Balance Transfer offer we make, provide you with materials that explain how the Balance Transfer will post to your Account and be reflected on monthly Account statements. You may not request Balance Transfers on existing obligations you owe us or our affiliates. If you request a Balance Transfer that would cause your Account to exceed its Revolve Limit, we may, at our option, (a) post the entire Balance Transfer requested to your Account; (b) post only a portion of the Balance Transfer requested to your Account up to the amount of credit available under the Revolve Limit; or (c) refuse to process the entire amount of the Balance Transfer requested.

  • Security and Data Transfers Party shall comply with all applicable State and Agency of Human Services' policies and standards, especially those related to privacy and security. The State will advise the Party of any new policies, procedures, or protocols developed during the term of this agreement as they are issued and will work with the Party to implement any required. Party will ensure the physical and data security associated with computer equipment, including desktops, notebooks, and other portable devices, used in connection with this Agreement. Party will also assure that any media or mechanism used to store or transfer data to or from the State includes industry standard security mechanisms such as continually up-to-date malware protection and encryption. Party will make every reasonable effort to ensure media or data files transferred to the State are virus and spyware free. At the conclusion of this agreement and after successful delivery of the data to the State, Party shall securely delete data (including archival backups) from Party’s equipment that contains individually identifiable records, in accordance with standards adopted by the Agency of Human Services. Party, in the event of a data breach, shall comply with the terms of Section 7 above.

  • Description of the transfer(s) The details of the transfer(s), and in particular the categories of personal data that are transferred and the purpose(s) for which they are transferred, are specified in Annex I.B. Docking clause

  • Wire Transfers Coordinate and implement bank-to-bank wire transfers in connection with Series share purchases and redemptions by Institutions;

  • ACH & Wire Transfers If we provide the service, you may initiate or receive credits or debits to your account through wire or ACH transfer. You agree that if you receive funds by a wire or ACH transfer, we are not required to notify you at the time the funds are received. Instead, the transfer will be shown on your periodic statement. We may provisionally credit your account for an ACH transfer before we receive final settlement. We may reverse the provisional credit or you will refund us the amount if we do not receive final settlement. When you initiate a wire transfer, you may identify either the recipient or any financial institution by name and by account or identifying number. The Credit Union (and other institutions) may rely on the account or other identifying number as the proper identification even if it identifies a different party or institution.

  • Assignment and Transfers Except as the Committee may otherwise permit pursuant to the Plan, the rights and interests of the Participant under this Agreement may not be sold, assigned, encumbered or otherwise transferred except, in the event of the death of the Participant, by will or by the laws of descent and distribution. In the event of any attempt by the Participant to alienate, assign, pledge, hypothecate, or otherwise dispose of the Stock Units or any right hereunder, except as provided for in this Agreement, or in the event of the levy or any attachment, execution or similar process upon the rights or interests hereby conferred, the Company may terminate the Stock Units by notice to the Participant, and the Stock Units and all rights hereunder shall thereupon become null and void. The rights and protections of the Company hereunder shall extend to any successors or assigns of the Company and to the Company’s parents, subsidiaries, and affiliates. This Agreement may be assigned by the Company without the Participant’s consent.

  • Assignments and Transfers No Party may assign any of its rights and benefits or transfer any of its rights, benefits and obligations in respect of any Debt Documents or the Liabilities except as permitted by this Clause 19.

  • Data Transfers You acknowledge and agree that we may access and Process Personal Data on a global basis as necessary to provide the Subscription Service in accordance with the Agreement, and in particular that Personal Data may be transferred to and Processed by HubSpot, Inc. in the United States and to other jurisdictions where HubSpot Affiliates and Sub-Processors have operations. Wherever Personal Data is transferred outside its country of origin, each party will ensure such transfers are made in compliance with the requirements of Data Protection Laws.

  • Transfer of Funds From such funds as may be available for the purpose in the relevant Fund Custody Account, and upon receipt of Proper Instructions specifying that the funds are required to redeem Shares of the Fund, the Custodian shall wire each amount specified in such Proper Instructions to or through such bank or broker-dealer as the Trust may designate.

  • Xxxx of Sale The Xxxx of Sale, duly executed by Purchaser; and

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