Power of disposal. A forfeited Share may be sold or otherwise disposed of on such terms and in such manner as the Directors think fit and at any time before a sale or disposal the forfeiture may be cancelled on such terms as the Directors think fit. Where for the purposes of its disposal such a Share is to be transferred to any person, the Directors may take such steps as the Directors consider are necessary or desirable in order to effect such sale and, for this purpose, may authorise some person to execute an instrument of transfer of the Share to that person. The Company may receive the consideration, if any, given for the Share on any sale or disposal thereof and may execute a transfer of the Share in favour of the person to whom the Share is sold or disposed of and thereupon he shall be registered as the Holder of the Share and shall not be bound to see to the application of the purchase moneys, nor shall his title to the Share be affected by any irregularity or invalidity in the proceedings in reference to the forfeiture, sale or disposal of the Share and after the name of the transferee has been entered in the Register the remedy of any person aggrieved by the sale shall be in damages only and against the Company exclusively.
Power of disposal a) The customer is entitled to dispose of the products supplied in the ordinary course of business, in particular to resell, process and install said products, unless XXX- XXXXXX meteo GmbH has revoked this authorization. A resale is deemed to go beyond the ordinary course of business, if the customer excludes assignment of his claim against the subcontractor of the goods (§ 399 German Civil Code), makes the validity of an assignment dependant on the approval by the subcontractor or subjects his claim to the subcontractor’s right of set-off. Under aforementioned circumstances XXXXXXXXX xxxxx GmbH does not authorize the customer to dispose of the prod- ucts on which a title of reservation rests.
Power of disposal. Credit Suisse AG must be in no doubt as to the instructing party’s power of disposal over the funds in question.
Power of disposal. The Parties and their Legal Representatives (if any) declare that they have the power to dispose of the subject matter of their dispute and for this reason, they may sign this agreement, as well as the agreement for the settlement of their dispute that may arise at the end of the mediation process.
Power of disposal. A forfeited share may be sold, re−allotted or otherwise disposed of on such terms and in such manner as the Directors think fit, and at any time before a sale or disposition the forfeiture may be cancelled on such terms as the Directors think fit. there for the purposes of its disposal such a share is to be transferred to any person, the Directors may authorise some person to execute an instrument of transfer of the share to that person. The Company may receive the consideration, if any, given for the share on any sale or disposition thereof and the person to whom the share is disposed of shall be registered as the holder of the share and shall not be bound to see to the application of the consideration, if any , nor shall his title to the share be affected by any irregularity in or invalidity of the proceedings in reference to the forfeiture, surrender, sale, re−allotment or other disposal of the share.
Power of disposal. Subject to the provisions of the Acts, a forfeited share may be sold or otherwise disposed of on such terms and in such manner as the Directors think fit and at any time before a sale or disposition the forfeiture may be cancelled on such terms as the Directors think fit. Where for the purposes of its disposal such a share is to be transferred to any person, the Directors may authorise some person to execute an instrument of transfer of the share to that person. The Company may receive the consideration, if any, given for the share on any sale or disposition thereof and may execute a transfer of the share in favour of the person to whom the share is sold or disposed of and thereupon he shall be registered as the Holder of the share and shall not be bound to see to the application of the purchase money, if any, nor shall his title to the share be affected by any irregularity or invalidity in the proceedings in reference to the forfeiture, sale or disposal of the share. Where a share, which is to be sold as provided for in this Part V, is held in uncertificated form or is represented by a depositary interest, the Directors may authorise some person to do all that is necessary under the 1996 Regulations or the UK Regulations (as applicable) to change such share into certificated form prior to its sale under this Part.
