Notice of Permitted Transfers Sample Clauses

Notice of Permitted Transfers. Except as provided in Section 8.04(f) and (k), with respect to any Permitted Transfers described in Section 8.04 hereof, the Redeveloper shall provide to the Agency written notice at least fifteen (15) days prior to such Transfer, including a description of the nature of such Transfer, and the name(s) and address(es) of the transferee, except that a mortgage of the Project Area, foreclosure sale or deed in lieu of foreclosure shall not require the prior consent of the Agency. The Redeveloper shall cause the transferee to execute such documentation as is reasonably requested by the Agency in order to assure that the transferee has assumed all of the Redeveloper’s obligations under this Redevelopment Agreement and the Project Covenant as to any portion of the Redevelopment Project for which a Certificate of Completion has not issued (if the Redeveloper’s right, title and interest in the entire Redevelopment Project is being transferred) or the applicable portion of the Redevelopment Project (if less than the Redeveloper’s right, title and interest in the entire Redevelopment Project is being transferred). The Redeveloper shall exercise its best efforts with respect to the provisions of any documentation relating to the Transfer as the Agency may reasonably request.
Sample 1
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Notice of Permitted Transfers. With respect to any Permitted Transfer under Section 13.2(f), Redeveloper shall, to the extent practical, provide to the City written notice at least twenty (20) days prior to such Permitted Transfer, including a description of the nature of such Permitted Transfer, and the name(s) and address(es) of the parties and any parties, individuals and/or entities comprising such parties.
Sample 1
Notice of Permitted Transfers. With respect to any of the Permitted Transfers listed in Section 6.03 hereof, the Redeveloper shall provide the Borough with written notice within ten (10) days of such Permitted Transfer, including a description of the nature of such Permitted Transfer, and the name(s) and the address(es) of the Transferee(s) involved, and the beneficial ownership and control thereof.
Sample 1

Related to Notice of Permitted Transfers

  • Permitted Transfers The provisions of Section 8.1 shall not apply to (a) a transfer or an assignment of this Lease in connection with the sale of substantially all the original Tenant’s assets if: (I) such sale of assets occurs on an arms’-length basis, to an unrelated third party, and is for a bona fide business purpose and not primarily to transfer Tenant’s interest in this Lease; and (II) upon the consummation of the transfer or assignment, the transferee or assignee is, in the sole, but reasonable determination of Landlord (and its lender, if applicable), capable of satisfying all of Tenant’s obligations hereunder; (b) an assignment of this Lease to a successor to Tenant by merger, consolidation, reorganization or similar corporate restructuring or to an entity that controls, is controlled by, or is under common control with, Tenant; or (c) a subletting of the Premises or any part thereof. In the case of an assignment or sublease that is expressly permitted pursuant to (a) or (c) of this Section 8.3, Tenant shall nevertheless be required to provide Landlord with notice of such assignment or sublease and a true and complete copy of the fully-executed documentation pursuant to which the assignment or sublease, as applicable, has been effectuated within ten (10) business days after the effective date of such assignment or sublease. Any permitted transferee under (a) of this Section 8.3 shall execute and deliver to Landlord any and all documentation reasonably required by Landlord in order to evidence assignee’s assumption of all obligations of Tenant hereunder and to evidence the assignee’s compliance (or ability to comply) with (a)(II) above. Notwithstanding anything to the contrary contained in this Section 8.3, in no event may Tenant assign, mortgage, transfer, pledge or sublease this Lease to any entity whatsoever if, at the time of such assignment, mortgage, transfer, pledge or sublease, a Default has occurred and remains continuing under this Lease.

  • Permitted Transfers Within Escrow 5.1 Transfer to Directors and Senior Officers

  • PERMITTED TRANSACTIONS The Member is free to engage in any activity on its own or by the means of any entity. The Member’s fiduciary duty of loyalty, as it applies to outside business activities and opportunities, and the “corporate opportunity doctrine,” as such doctrine may be described under general corporation law, is hereby eliminated to the maximum extent allowed by the Act.

  • Conditions on Permitted Transfers In the event a Holder proposes to sell or transfer a Note, the Company may, but shall not be required to, impose reasonable conditions on such sale or transfer including, but not limited, to: (i) Notes may be transferred only in whole units, i.e., fractions of Notes may not be transferred; (ii) the transferee shall agree in writing to be bound by this Revenue Sharing Agreement; (iii) the transferor shall provide the Company with an opinion of counsel, satisfactory in form and substance to the Company’s counsel, stating that the transfer is exempt from registration under the Securities Act of 1933 and other applicable securities laws; and (iv) the transferor and transferee shall together pay in advance for any reasonable expenses the Company expects to incur in connection with the transfer, including attorneys’ fees.

  • Refused Transfers We reserve the right to refuse any transfer. As required by applicable law, we will notify you promptly if we decide to refuse to transfer funds.

  • Transfer of Personal Data The Participant authorizes, agrees and unambiguously consents to the transmission by the Company (or any Subsidiary) of any personal data information related to the Option awarded under this Agreement for legitimate business purposes (including, without limitation, the administration of the Plan). This authorization and consent is freely given by the Participant.

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