OBLIGATION OF TRANSFEREE Sample Clauses

OBLIGATION OF TRANSFEREE. Any transferee or assignee of this Agreement shall personally complete the full training course provided by RE/MAX JAPAN and RE/MAX, LLC. including RE/MAX Management Training Course. It shall be the duty of Regional Franchisee to advise any prospective transferee or assignee of this Agreement of the requirements of this subparagraph. Any transferee or assignee of this Agreement shall assume the full rights and responsibilities hereunder as though such transferee or assignee had been the initial regional franchisee hereunder. RE/MAX JAPAN may, in its sole discretion, require that any transferee or assignee of an interest in Regional Franchisee meet the requirements of this Paragraph 10.c.
Sample 1Sample 2Sample 3
AutoNDA by SimpleDocs
OBLIGATION OF TRANSFEREE. No Common Shares may be sold, transferred or issued in any event unless the Person receiving the Common Shares has executed and delivered to ICF a joinder agreement in form and substance satisfactory to ICF pursuant to which such Person agrees to be bound by the terms of this Agreement.
Sample 1Sample 2
OBLIGATION OF TRANSFEREE. Any transferee of the Warrants shall execute a copy of this agreement as a condition to such transfer.
Sample 1
OBLIGATION OF TRANSFEREE. A transferee who takes Shares of Company Common Stock under any provision of this Section, or by descent, devise or operation of law, shall take and hold such shares of Company Common Stock subject to this Agreement and must execute a counterpart of this Agreement. Delay or failure by the Company or any other party hereto to require compliance with the preceding sentence shall not constitute a waiver of such party's rights with respect thereto and shall not constitute a waiver of the restrictions imposed hereunder on any such transferee of the shares of Company Common Stock acquired by him or her. Upon (i) the transfer of shares of Company Common Stock pursuant to this Section, or by descent, devise or operation of law, and (ii) the delivery of such counterpart, such transferee shall become and be a party to this Agreement, shall be bound by all of the provisions hereof applicable to such transferee's transferor and shall have all of the rights of such transferor (to the extent of the shares of Company Common Stock so transferred) hereunder immediately prior to such transfer. The shares of Company Common Stock so transferred pursuant to this Section, or by descent, devise or operation of law, shall be subject to all of the terms and restrictions to which such shares of Company Common Stock were subject immediately prior to such transfer.
Sample 1
OBLIGATION OF TRANSFEREE. No Common Shares may be sold, transferred or issued in any event unless the Person receiving the Common Shares has agreed to be bound by the terms of this Agreement.
Sample 1
OBLIGATION OF TRANSFEREE. Any Transferee, irrespective of whether such Transferee has accepted and adopted in writing the terms and provisions of this Agreement, shall be deemed by the acceptance of such Transfer to have agreed to be subject to the terms and provisions of this Agreement in the same manner as its transferor.
Sample 1
OBLIGATION OF TRANSFEREE. (1). Transferee shall pay transferor RMB two million as royalty by installment plan as follows: 50% will be charged on March 15th in the first stage; 50% will be charged on April 15th in the second stage. Two parties shall agree as follows:
Sample 1
AutoNDA by SimpleDocs

Related to OBLIGATION OF TRANSFEREE

  • Documentation of Transfer Seller shall undertake to file the documents which would be necessary to perfect and maintain the transfer of the security interest in and to the Receivables and Other Conveyed Property.

  • Registration of Transfer The Warrant Agent shall register the transfer, from time to time, of any outstanding Warrant upon the Warrant Register, upon surrender of such Warrant for transfer, properly endorsed with signatures properly guaranteed and accompanied by appropriate instructions for transfer. Upon any such transfer, a new Warrant representing an equal aggregate number of Warrants shall be issued and the old Warrant shall be cancelled by the Warrant Agent. The Warrants so cancelled shall be delivered by the Warrant Agent to the Company from time to time upon request.

  • Conditions of Transfer Any Transfer of the Leased Property permitted by Section 15.1 shall be subject to the prior or simultaneous satisfaction of the following conditions:

  • Admission of Transferee as Member (a) A transferee of a Membership Interest desiring to be admitted as a Member must execute a counterpart of, or an agreement adopting, this Agreement and, except as permitted by paragraph (b) below, shall not be admitted without unanimous affirmative vote of the Managers, which vote must include the affirmative vote of each Independent Manager. Upon admission of the transferee as a Member, the transferee shall have the rights, powers and duties and shall be subject to the restrictions and liabilities of the Member under this Agreement and the LLC Act. The transferee shall also be liable, to the extent of the Membership Interest transferred, for the unfulfilled obligations, if any, of the transferor Member to make capital contributions to the Company, but shall not be obligated for liabilities unknown to the transferee at the time such transferee was admitted as a Member and that could not be ascertained from this Agreement. Except as set forth in paragraph (b) below, whether or not the transferee of a Membership Interest becomes a Member, the Member transferring the Membership Interest is not released from any liability to the Company under this Agreement or the LLC Act.

  • Instruments of Transfer The Stockholder is delivering to LandCARE certificates representing all of the Shares, duly endorsed (or accompanied by duly executed stock powers).

  • Rights of Transferees Subject to Section 7, the rights granted to the Holder hereunder of this Warrant shall pass to and inure to the benefit of all subsequent transferees of all or any portion of this Warrant (provided that the Holder and any transferee shall hold such rights in proportion to their respective ownership of this Warrant and Warrant Shares) until extinguished pursuant to the terms hereof.

  • Effectuation of Transfers Each of the representations and warranties of the Borrower contained in this Agreement (and all corresponding definitions) are made after giving effect to the Transactions, unless the context otherwise requires.

  • Replacement of Transfer Agent In the event that the Borrower proposes to replace its transfer agent, the Borrower fails to provide, prior to the effective date of such replacement, a fully executed Irrevocable Transfer Agent Instructions in a form as initially delivered pursuant to the Purchase Agreement (including but not limited to the provision to irrevocably reserve shares of Common Stock in the Reserved Amount) signed by the successor transfer agent to Borrower and the Borrower.

  • Identity of Transfer Agent Forthwith upon the appointment of any Transfer Agent for the Shares or of any subsequent Transfer Agent for Shares issuable upon the exercise of the rights of purchase represented by the Warrants, the Company will file with the Warrant Agent a statement setting forth the name and address of such Transfer Agent.

  • Effect of Transfer If Landlord consents to a Transfer, (i) the terms and conditions of this Lease shall in no way be deemed to have been waived or modified, (ii) such consent shall not be deemed consent to any further Transfer by either Tenant or a Transferee, (iii) Tenant shall deliver to Landlord, promptly after execution, an original executed copy of all documentation pertaining to the Transfer in form reasonably acceptable to Landlord, (iv) Tenant shall furnish upon Landlord’s request a complete statement, certified by an independent certified public accountant, or Tenant’s chief financial officer, setting forth in detail the computation of any Transfer Premium Tenant has derived and shall derive from such Transfer, and (v) no Transfer relating to this Lease or agreement entered into with respect thereto, whether with or without Landlord’s consent, shall relieve Tenant or any guarantor of the Lease from any liability under this Lease, including, without limitation, in connection with the Subject Space. Landlord or its authorized representatives shall have the right at all reasonable times to audit the books, records and papers of Tenant relating to any Transfer, and shall have the right to make copies thereof. If the Transfer Premium respecting any Transfer shall be found understated, Tenant shall, within thirty (30) days after demand, pay the deficiency, and if understated by more than two percent (2%), Tenant shall pay Landlord’s costs of such audit.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!