Common use of Registration and Transfer of this Agreement Clause in Contracts

Registration and Transfer of this Agreement. (a) Until the Purchase Price and all interest thereon have been paid in full, the Registrar, on behalf of the County, shall maintain and keep at the offices of the Registrar, registration books for the registration and registration of transfer of ownership of this Agreement. The ownership of this Agreement may not be transferred or assigned, except upon the written approval of the County. (b) The Seller is the initial Registered Owner. This Agreement shall be transferable only upon the written approval of the County and upon the books of the County maintained for such purpose by the Registrar, at the written request of the Registered Owner as then shown on such registration books or such Registered Owner’s attorney duly authorized in writing, together with a written instrument of transfer substantially in the form attached hereto as Exhibit C, or as may otherwise be satisfactory to and approved by the Registrar in writing, duly executed by such Registered Owner or such Registered Owner’s attorney duly authorized in writing. The Registrar shall complete the Schedule of Transferees attached hereto as Exhibit D with the name, address and tax identification number of the transferee Registered Owner, the date of the transfer and the outstanding principal balance of the Purchase Price as of the date of transfer; provided, however, that if there is any conflict between the information set forth in Exhibit D hereto and the registration books maintained by the Registrar, the information shown on such registration books shall control. The County and the Registrar may deem and treat the person in whose name this Agreement is registered upon the books of the County maintained by the Registrar as the absolute owner of this Agreement, whether any payments hereunder shall be overdue or not, for the purpose of receiving payment of, or on account of, the Purchase Price and interest thereon and for all other purposes, and all such payments so made to any such Registered Owner or upon his order shall be valid and effectual to satisfy and discharge the liability upon this Agreement to the extent of the sum or sums so paid, and neither the County nor the Registrar shall be affected by any notice to the contrary. For every registration of transfer of this Agreement, the County or the Registrar may make a charge sufficient to reimburse themselves for any tax or other governmental charge required to be paid with respect to such exchange or transfer, which sum or sums shall be paid by the person requesting such transfer as a condition precedent to the exercise of the privilege of registering such transfer.

Registration and Transfer of this Agreement. (a) Until the Purchase Price and all interest thereon have been paid in full, the RegistrarCounty, on behalf acting through its Director of Finance or any other department or employee of the County or any bank or trust company having corporate trust powers, hereinafter designated and appointed by the County, shall maintain and keep at the offices of the Registrarits offices, registration books for the registration and registration of transfer of ownership of this Agreement. The Owner is the original Registered Owner. (b) The ownership of this Agreement may not only be transferred or assigned, except assigned either (i) upon the written death of the original Owner or if the original Owner is deemed by a court of competent jurisdiction to be mentally incompetent; or (ii) with the approval of the County, which approval shall be evidenced by the County’s registration of such transfer upon the registration books maintained by the County. No other transfers shall be permitted. Persons constituting a part of the Owner shall be deemed to be an “Owner” for purposes of this subsection (b). (c) If this Agreement (or any interest herein) is permitted to be transferred or assigned in accordance with subsection (b) The Seller is ), then the initial Registered Owner. This ownership of this Agreement shall may be transferable only upon the written approval of the County and upon the books of the County maintained for such purpose by the Registrartransferred or amended, at the written request of the Registered Owner as then shown on such registration books or such Registered Owner’s his attorney duly authorized in writing, upon presentation and surrender thereof, together with a written instrument of transfer substantially in the form attached hereto as Exhibit CA, or as may otherwise be satisfactory to and approved by the Registrar County in writing, duly executed by such the Registered Owner or such Registered Owner’s his attorney duly authorized in writing. The Registrar Upon the surrender for transfer of this Agreement, the County shall complete the Schedule of Transferees attached hereto as Exhibit D with B. The Schedule of Transferees shall contain the name, address and tax identification number of the transferee Registered Owner, the date of the transfer and the outstanding principal balance of the Purchase Price as of the date of transfer; provided, however, that if . If there is any conflict between the information set forth in Exhibit D B hereto and the registration books maintained by the RegistrarCounty, the information shown on such registration books shall control. . (d) The County and the Registrar may deem and treat the person in whose name this Agreement is registered upon the books of the County maintained by the Registrar as the absolute owner of this Agreement, whether any payments hereunder shall be overdue or not, for the purpose of receiving payment of, or on account of, the Purchase Price and interest thereon and for all other purposes, and all . All such payments so made to any such Registered Owner Owner, or upon his order order, shall be valid and effectual to satisfy and discharge the liability upon this Agreement to the extent of the sum or sums so paid, and neither the County nor the Registrar shall be affected by any . Any notice to the contrary. contrary shall not affect the County. (e) For every registration of transfer of this Agreement, the County or the Registrar may make a charge sufficient to reimburse themselves itself for any tax or other governmental charge required to be paid with respect to such exchange or transfer, which sum or sums shall be paid by the person requesting such transfer as a condition precedent to the exercise of the privilege of registering such transfer.

Registration and Transfer of this Agreement. (a) Until the Deferred Purchase Price and all interest thereon have been paid in full, the Registrar, on behalf of the County, County shall maintain and keep at the offices of the Registrar, registration books for the registration and registration of transfer of this Agreement; and upon presentation of this Agreement for such purpose at the offices of the Registrar, the Registrar shall register or cause to be registered on such registration books, and permit to be transferred thereon, under such reasonable regulations as the County or the Registrar may prescribe, the ownership of this Agreement. The ownership of this Agreement may not be transferred or assigned, except upon the written approval of the County. (b) The original Seller is the initial original Registered Owner. This Agreement shall be transferable only upon the written approval of the County and upon the books of the County maintained for such purpose by the Registrar, at the written request of the Registered Owner as then shown on such registration books or such Registered Owner’s [his] [her] [its] [their] attorney duly authorized in writing, upon presentation and surrender thereof, together with a written instrument of transfer substantially in the form attached hereto as Exhibit CD, or as may otherwise be satisfactory to and approved by the Registrar in writing, duly executed by such the Registered Owner or such Registered Owner’s [his] [her] [its] [their] attorney duly authorized in writing. The Upon the surrender for transfer of this Agreement, the Registrar shall complete the Schedule of Transferees attached hereto as Exhibit D E with the name, address and tax identification number of the transferee Registered Owner, the date of the transfer and the outstanding principal balance of the Deferred Purchase Price as of the date of transfer; provided, however, that if there is any conflict between the information set forth in Exhibit D E hereto and the registration books maintained by the Registrar, the information shown on such registration books shall control. The County and the Registrar may deem and treat the person in whose name this Agreement is registered upon the books of the County maintained by the Registrar as the absolute owner of this Agreement, whether any payments hereunder shall be overdue or not, for the purpose of receiving payment of, or on account of, the Deferred Purchase Price and interest thereon and for all other purposes, and all such payments so made to any such Registered Owner or upon his [his] [her] [its] [their] order shall be valid and effectual to satisfy and discharge the liability upon this Agreement to the extent of the sum or sums so paid, and neither the County nor the Registrar shall be affected by any notice to the contrary. For every registration of transfer of this Agreement, the County or the Registrar may make a charge sufficient to reimburse themselves for any tax or other governmental charge required to be paid with respect to such exchange or transfer, which sum or sums shall be paid by the person requesting such transfer as a condition precedent to the exercise of the privilege of registering such transfer.