Procedure for Transfers. Subject in all events to the general restrictions on Transfers contained in Sections 10.1 and 10.2, a Member may Transfer all or any part of his or its Units in accordance with this Section 10.3.
Procedure for Transfers. The district has the right to hire and assign employees to any position and may hire and assign from outside the present employees, however, if more than one employee applies for the same opening under the above conditions, and in the sole, exclusive, and final judgment of the district, the employees’ qualifications are equal, the employee with the greatest district seniority shall have priority.
Procedure for Transfers. Subject in all events to the general restrictions on transfers contained in Sections 11.1 and 11.2 and in the Securityholders Agreement, a Person may Transfer all or any part of its Economic Interest in the Company in accordance with this Section 11.3.
Procedure for Transfers. (a) A transfer by way of novation is effected if:
Procedure for Transfers. (A) No Limited Partner (the “Selling Partner”) may, except as allowed under Section 5.1(a)(ii), sell, assign, pledge, or otherwise transfer his Partnership interest without the approval of the General Partner.
Procedure for Transfers. (a) Subject to the conditions set out in Clause 25.2 (Conditions of Assignment or Transfer), a transfer is effected in accordance with paragraph (c) below when the Agent executes an otherwise duly completed Transfer Certificate executed and delivered to it by the Existing Lender and the New Lender. The Agent shall, subject to paragraph (b) below, as soon as reasonably practicable after receipt by it of a duly completed Transfer Certificate appearing on its face to comply with the terms of this Agreement and appears to be delivered in accordance with the terms of this Agreement, execute that Transfer Certificate.
Procedure for Transfers. A transfer and/or assignment may be effected if the Existing Bank and the New Bank deliver to the Agent a duly completed certificate, substantially in the form of Schedule C (a "TRANSFER CERTIFICATE").
Procedure for Transfers. Subject in all events to the general restrictions on Transfers contained in Sections 10.1 and 10.2, a Member may Transfer all or any part of his or its Units in accordance with this Section 10.3. No Transfer of Unit(s) may be completed until the prospective transferee is admitted as a Member of the Company by executing and delivering to the Company a written undertaken to be bound by the terms and conditions of this Agreement substantially in the form of Exhibit A hereto. Upon the amendment of the Member Schedule by the Company and the satisfaction of any other applicable conditions, such prospective transferee shall be admitted as a Member and deemed listed as such on the books and records of the Company and thereupon the Company shall reissue the applicable Units in the name of such prospective transferee.
Procedure for Transfers. (a) Subject to the conditions set out in Clause 24.3 (Conditions of Transfer) and Clause 36.5 (Replacement of a Lender), a transfer by novation is effected in accordance with paragraph (e) below when the Agent executes an otherwise duly completed Transfer Certificate executed and delivered to it by the Existing Lender and the New Lender.
Procedure for Transfers. (1) In the event that a Party (the “Transferring Party”) desires to transfer or otherwise dispose of all or any portion of its Percentage Interest in either of the JVs (the “Interest”) (other than pursuant to the provisions of paragraph 2(3) below), it shall first notify the other Parties (the “Non-Transferring Parties”) in writing of (i) its intent to transfer or otherwise dispose of its Interest, (ii) the proposed percentage of the Interest to be transferred or disposed, (iii) the price and principal terms and conditions of the proposed transfer or disposal, and (iv) the identity of the proposed third party transferee (the “Notice”). The Non-Transferring Parties will have thirty (30) days from the receipt of the Notice to notify the Transferring Party whether they desire to purchase the Interest and, if so, the sale of Interest shall be completed in accordance with the terms and conditions set forth in the Notice within the longer of the period of ninety (90) days after receipt of the Notice or fifteen (15) days after such sale of Interest is duly approved by the Examination and Approval Authority and registered with the Registration Authority. If no response or a negative response is given by the Non-Transferring Parties in respect of a proposed transfer within the thirty (30) day period, the Non-Transferring Parties shall be deemed to have consented to the proposed transfer or disposal of the Interest between the Transferring Party and the proposed transferee identified in the Notice excluding any third party capable of competing against the Joint Venture. It shall be a condition of the transfer that such transferee shall agree to become party to and to be bound by the terms of the JV Contracts and thereafter any reference to a Party herein shall be deemed to include a reference to such transferee as if named herein as a Party. If both of the Non-Transferring Parties exercise their pre-emptive rights, each shall have the right to purchase a fraction of the Interest of the Transferring Party equal to its Percentage Interest divided by the sum of the Percentage Interests of both Non-Transferring Parties.
