Restrictions of Sale, Transfer, Conveyance and Ownership Sample Clauses

Restrictions of Sale, Transfer, Conveyance and Ownership. During the Term of this Agreement, neither Presto nor any future owner shall use, sell, transfer or convey ownership of any of the Property or the Expansion Property to any person or entity, in any manner which would render all or any part of the Property or Expansion Property exempt from real property taxation, or would render the personal property located on any of the Property or Expansion Property exempt from personal property taxation, without the prior written consent of Waupaca, and this Agreement constitutes a deed restriction effectuating this provision.
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Restrictions of Sale, Transfer, Conveyance and Ownership. During the Term of this Agreement, neither XXXXXXXX PROPERTIES, LLC nor any future owner shall use, sell, transfer or convey ownership of any of the Property to any person or entity, in any manner which would render all or any part of the Property exempt from real property taxation, or would render the personal property located on any of the Property exempt from personal property taxation, without the prior written consent of Waupaca (which consent shall not be unreasonably refused or withheld) and this Agreement constitutes a deed restriction effectuating this provision.
Sample 1
Restrictions of Sale, Transfer, Conveyance and Ownership. During the Term of this Agreement, neither Carousel nor any future owner shall use, sell, transfer or convey ownership of any of the Property or the Expansion Property to any person or entity, in any manner which would render all or any part of the Property or the Expansion Property exempt from real property taxation, or would render the personal property located on any of the Property or the Expansion Property exempt from personal property taxation, without the prior written consent of Waupaca, and this Agreement constitutes a deed restriction effectuating this provision. [SIGNATURE PAGES TO FOLLOW]
Sample 1

Related to Restrictions of Sale, Transfer, Conveyance and Ownership

  • Assignments and Transfers No Party may assign any of its rights and benefits or transfer any of its rights, benefits and obligations in respect of any Debt Documents or the Liabilities except as permitted by this Clause 19.

  • F1 Transfer and Sub-Contracting F1.1 Except where F1.4 and F1.5 applies, the Contractor shall not assign, sub- contract or in any other way dispose of the Contract or any part of it without prior Approval. Sub-contracting any part of the Contract shall not relieve the Contractor of any of its obligations or duties under the Contract.

  • Assignment and Transfers Except as the Committee may otherwise permit pursuant to the Plan, the rights and interests of the Participant under this Agreement may not be sold, assigned, encumbered or otherwise transferred except, in the event of the death of the Participant, by will or by the laws of descent and distribution. In the event of any attempt by the Participant to alienate, assign, pledge, hypothecate, or otherwise dispose of the Stock Units or any right hereunder, except as provided for in this Agreement, or in the event of the levy or any attachment, execution or similar process upon the rights or interests hereby conferred, the Company may terminate the Stock Units by notice to the Participant, and the Stock Units and all rights hereunder shall thereupon become null and void. The rights and protections of the Company hereunder shall extend to any successors or assigns of the Company and to the Company’s parents, subsidiaries, and affiliates. This Agreement may be assigned by the Company without the Participant’s consent.

  • F4 Transfer and Sub-Contracting F4.1 Except where clauses F4.5 and F4.6 both apply, the Contractor shall not transfer, charge, assign, sub-contract or in any other way dispose of the Contract or any part of it without prior Approval. All such documents shall be evidenced in writing and shown to the Authority on request. Sub-contracting any part of the Contract shall not relieve the Contractor of any of its obligations or duties under the Contract.

  • Payment and Transfer of Interest Buyer shall pay interest on cash held as Performance Assurance, at the Interest Rate and on the Interest Payment Date. Buyer will transfer to Seller all accrued Interest Amount on the unused cash Performance Assurance in the form of cash by wire transfer to the bank account specified under “Wire Transfer” in Appendix X (Notices).

  • Permitted Transfers Within Escrow 5.1 Transfer to Directors and Senior Officers

  • Restrictions on Land transfer 6A Recognising that they are or will be receiving publicly funded land at nil consideration (which for the purposes of this transaction shall include leases granted at a peppercorn rent) the Company:

  • Transfers and Reassignments Definitions "Headquarters" means a locality and its contiguous territory in and from which an employee normally works as provided in Attachment B of this Agreement.

  • Employee Transfers In the event an Employee is transferred between Participating Employers, accumulated service and eligibility shall be carried with the Employee involved. No such transfer shall effect a termination of employment hereunder, and the Participating Employer to which the Employee is transferred shall thereupon become obligated hereunder with respect to such Employee in the same manner as was the Participating Employer from whom the Employee was transferred.

  • TRANSFER AND SUB-CONTRACTING 31.1 This Framework Agreement is personal to the Supplier and the Supplier shall not assign, novate or otherwise dispose of or create any trust in relation to any or all rights and obligations under this Framework Agreement or any part thereof without the Approval.

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