Sale or Transfer of Rights Sample Clauses
The 'Sale or Transfer of Rights' clause defines the conditions under which a party may sell, assign, or otherwise transfer its rights and obligations under the agreement to another entity. Typically, this clause outlines whether prior written consent is required from the other party before any transfer can occur, and may specify exceptions such as transfers to affiliates or in connection with a merger or acquisition. Its core function is to control and clarify how contractual rights and duties can be passed on, thereby protecting the interests of all parties and preventing unwanted or unauthorized changes in the agreement’s stakeholders.
Sale or Transfer of Rights. Until 5:00 p.m., New York City time, on the third business day prior to the Expiration Date, you shall facilitate subdivision or transfers of Subscription Certificates by issuing new Subscription Certificates in accordance with the instructions set forth on the reverse side of the Subscription Certificates.
Sale or Transfer of Rights. Until 5:00 p.m., New York City time, on the fifth business day prior to the Expiration Date (or such later date as you are directed in writing by the Company), you shall facilitate subdivision or transfers of Subscription Certificates by issuing new Subscription Certificates in accordance with the instructions set forth on the reverse side of the Subscription Certificates and the Instructions as to the Use of Clearwire Corporation Subscription Rights Certificates.
Sale or Transfer of Rights. Until 5:00 p.m., Eastern Standard time, on the third business day prior to the Expiration Date, you shall facilitate subdivision or transfers of Subscription Certificates by issuing new Subscription Certificates in accordance with the instructions set forth on the reverse side of the Subscription Certificates.
Sale or Transfer of Rights. If a Co-Owner intends to sell, transfer, or otherwise dispose of their ownership interest or rights in the property, they shall provide written notice to other Co-Owner and give a reasonable time to decide whether to buy the stock. The notice shall include the proposed terms and conditions of the sale, including the sale price and any other relevant terms. If the Co-Owners decide to sell the Property, the sale shall be conducted jointly. The proceeds from the sale shall be distributed among the Co-Owners in accordance with their ownership percentages, after deducting any outstanding expenses.