Common use of Property Transfer Completion Clause in Contracts

Property Transfer Completion. Property Transfer Completion in respect of a Transferred Property shall take place on the date falling 15 Business Days following the grant of all relevant Property Third Party Consents for such Transferred Property or on such other date as the parties shall agree acting reasonably (but not before the Closing Date).

Appears in 4 contracts

Samples: Contribution Agreement, Contribution Agreement (Glaxosmithkline PLC), Contribution Agreement (Glaxosmithkline PLC)

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Property Transfer Completion. Property Transfer Completion in respect of a Transferred Real Property shall take place on the date falling 15 Business Days following the grant of all relevant Property Third Party Consents for such Transferred Real Property or on such other date as the parties shall agree acting reasonably (but not before the Closing Date).

Appears in 3 contracts

Samples: Share and Business Sale Agreement (Glaxosmithkline PLC), Share and Business Sale Agreement (Novartis Ag), Share and Business Sale Agreement (Glaxosmithkline PLC)

Property Transfer Completion. Property Transfer Completion in respect of a Transferred Property each of the Business Assignment Properties shall take place on the date falling 15 Business Days following the grant of all the relevant Property Third Party Consents for such Transferred each Business Assignment Property or on such other date as the parties shall agree acting 155 reasonably (but not before Closing). Notwithstanding the Closing Date)above, the parties agree to use reasonable endeavours to achieve Property Transfer Completion as soon as reasonably practicable after Closing.

Appears in 1 contract

Samples: Transfer Agreement (Royal Bank of Scotland Group PLC)

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Property Transfer Completion. Property Transfer Completion in respect of a Transferred Property shall take place on the date falling 15 Business Days following the grant of all relevant Property Third Party 124 Consents for such Transferred Property or on such other date as the parties shall agree acting reasonably (but not before the Closing Date).

Appears in 1 contract

Samples: Contribution Agreement (Novartis Ag)

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