Restriction on Disposal. Unless the other Party gives prior written consent, neither Party may transfer, fix security over or otherwise dispose of these Conditions or any Individual Contract or any right arising from these Conditions or any Individual Contract. 第19条 （処分の制✲） いずれの当事者も、相手方の書面による事前の同意がない✲り、本取引条件若しくは個別契約又は本取引条件若しくは個別契約に基づく権利に関し、第三者への譲渡、担保権の設定その他の処分をすることはできない。
Restriction on Disposal. Shanghai Jiyun shall be subject to a lock-up period of not less than 60 months from the date on which the REIT units is listed on the Shanghai Stock Exchange.
Restriction on Disposal. Beijing Shouyuan shall be subject to a lock-up period of 12 months from the date on which the REIT is listed on a stock exchange. Firstly, the Company considers this investment a very good business opportunity because (i) in the long term, based on the stable and diversified underlying assets portfolio of the REIT and the rental income generated by its leases, the earnings of the REIT tend to be relatively consistent and predictable over time; (ii) the REIT is obligated to pay out at least 90% of their distributable income as dividends, which makes the dividend yield of the REIT higher than most publicly traded equities; (iii) GLP is the leader in the logistics real estate industry. It has more than 30 million square metres of high quality assets in mainland China. Large-scale high quality assets make the REIT sufficient room for development. Secondly, the Company has made parking, and infrastructure and real estate fund management as its principal businesses, of which the parking business mainly comprises long term operation rights, new BOT projects and property rights holding projects, with the characteristics of high demand and low operational cost. In the field of infrastructure and real estate fund management, the Company applies the “fund + base + industry” model, making use of fund investment to radiate industrial resources and effectively increase asset values. The pilot policy of infrastructure public offering of REITs is a major innovation of China’s asset securitisation, and the Company is welcoming a new era of infrastructure REITs. Infrastructure assets with long term steady cash flow are considered as high quality underlying assets of REITs, which are exactly the characteristics of the Company’s assets in parking and urban city renewal. The Company will make use of public offering of REITs to seek new exit routes for the high quality infrastructure assets. Through the strategic investment in the REIT, the Company is expected to establish a leading position in the infrastructure REITs market at the early stage, which is also in line with the Company’s strategy formulated last year. At the same time, with this strategic investment in the REIT, the Company will have a more comprehensive understanding of the REITs markets and will be more prepared for the issuance of REITs in the future. Further, the Company has the opportunity to cooperate with the original equity owner of the REIT, GLP, to be deeply planted in the infrastructure and real estate...
Restriction on Disposal. Except as provided in clauses 9.5, 11 and 12 a Shareholder must not dispose of any Share unless this clause 10 is complied with.
Restriction on Disposal. In addition to the restrictions in clause 39, a Shareholder must not Dispose of any legal or beneficial interest in its Shares unless any Shareholder Loans in existence between the Shareholder and the Company are assigned or novated (as applicable) to the acquirer of the Shares or otherwise satisfied in full.
Restriction on Disposal. Once delivered, you must hold the Shares during a two-year period (“Holding Period”) beginning on the date of the delivery of the Shares, except in any event provided for under French law as an exception to this minimum Holding Period. After the end of the Holding Period, the Shares may not be sold within the periods as set forth in Article L. 200-000-0, I of the French Commercial Code. These periods are currently the following:
(i) Ten trading days preceding and following the date on which the consolidated financial statements are published.
(ii) The date when Alcan possesses material non-public information and ten trading days following when this information becomes public.
Restriction on Disposal. The Company will not sell, lease, license, assign, transfer or otherwise dispose of any of its properties or assets, including any sale, assignment, transfer or other disposal, with or without recourse, of any notes or accounts receivable or any rights and claims associated therewith (each, or any combination thereof, a “Disposition”) other than any Disposition which is permitted under the Transaction Documents.
Restriction on Disposal. The Subscriber undertakes that it will not during the one-year period commencing on the Completion Date, dispose of, enter into any agreement to dispose of or otherwise create any options, rights, interests or encumbrances in respect of any of the Subscription Shares or any beneficial or other interests therein, provided that the Subscriber will not be prevented from transferring the Subscription Shares to any of its Subsidiaries (the “Permitted Transferees”) where:
Restriction on Disposal. Whilst this Agreement remains in force the Resident shall not have any power to dispose of the Property or any estate or interest in it or share or part with possession or occupation of it without the consent in writing of the Council and the Council and the Resident will apply to the Chief Land Registrar to enter on the register of the title of the Property a restriction on the following terms:- “No disposition of the registered estate by the proprietor of the registered estate is to be registered without a written consent signed by the proprietor for the time being of the Charge dated in favour of Blackpool Borough Council referred to in the Charges Register”.
Restriction on Disposal. The Local Authority shall not make any disposal of the whole or any part of its interest in the Site save for a Permitted Disposal.
6.1.1 The Local Authority will procure that a restriction in the following form against the registered title(s) to the Site is registered at the Land Registry within 20 Business Days of the date of this Agreement:- “No disposition of the registered estate by the proprietor of the registered estate or by the proprietor of any registered charge, not being a charge registered before the entry of this restriction is to be registered without a certificate signed by a conveyancer that the provisions of clause 6.1. of Schedule 2 of an Agreement dated… and made between
(1) Homes and Communities Agency, (2) ……………………….have been complied with or that they do not apply to the disposition.”
6.1.2 The Local Authority will procure that the proprietor of any charge of the Site consents to the registration of such restriction referred to in Clause 6.1.1
6.1.3 Following payment of all monies referred to in paragraph 18.2 of Schedule 2 Homes England will agree to remove the restriction referred to in paragraph 6.1.1
