Stock Power and Assignment Sample Clauses

Stock Power and Assignment. Holdings shall have delivered to Rhino a duly executed Stock Power and Assignment for the transfer of the Axxxxxxxx Shares, free and clear of all Encumbrances, other than restrictions under the Organizational Documents of Axxxxxxxx or applicable securities Law.
AutoNDA by SimpleDocs
Stock Power and Assignment. Holdings shall execute and deliver a Stock Power and Assignment for the transfer of the Exchange Shares to Rhino.
Stock Power and Assignment. For value received and in accordance with the Stock Purchase Agreement dated as of March ___, 2009, by and among MSCS Ventures, Inc. (“Seller”) and Bluff Point Associates Corp. (“Purchaser”), Seller hereby sells, assigns and transfers unto Purchaser, Two Hundred Sixty-Nine Thousand Seven Hundred and Ninety-Two (269,792) shares of Common Stock of Matrix Financial Solutions, Inc. (formerly known as MG Colorado Holdings, Inc.), a Delaware corporation (“Company”), represented by Certificate Numbers Seven (7) (194,792 shares of Common Stock of the Company) and Nine (9) (75,000 shares of Common Stock of the Company), and does hereby irrevocably constitute and appoint the Company as attorney in fact to transfer said shares on the books of the Company with full power of substitution in the premises.
Stock Power and Assignment. The undersigned employee (the “Employee”) hereby transfers 4,845 restricted shares of common stock, par value $.01 per share, of First United Corporation (the “Company”), standing in the name of the Employee on the books of the Company, to the Company until such time as such shares become vested pursuant to that certain Restricted Stock Agreement, dated as of January 9, 2015, by and between the Company and the Employee. Once such shares become vested, this Stock Power and Assignment shall terminate and be returned to the Employee.
Stock Power and Assignment. Pursuant to the Share Purchase Agreement (the “Agreement”), by and between Kitov Pharmaceuticals Holdings Ltd. as set forth therein (the “Buyer”), and ____________________ (the “Seller”), the Seller hereby sells, assigns and transfers to the Buyer all of their right, title and interest in and to ____________________ shares, of Tyrnovo Ltd., an Israeli private corporation (the “Company”), NIS 0.01 par value per share, standing in the Seller name on the books of the Company, and does hereby irrevocably appoint the Secretary of the Company as attorney-in-fact, with full power of substitution, to transfer said stock on the books of the Company. Dated: _________, 2017 By: [SELLER] By: Kitov Pharmaceuticals Holdings Ltd. The undersigned, ___________________ , pursuant to Section 2.4 of that certain Stock Purchase Agreement dated as of _____ _____, 2017 (the “Stock Purchase Agreement”) by and among Kitov Pharmaceuticals Holdings Ltd. and Sellers, and in connection with the Closing Date as defined thereunder, the undersigned Seller hereby confirms and certifies that:

Related to Stock Power and Assignment

  • Transfer and Assignment Party A may assign or transfer any of its rights or delegate any of its duties hereunder to any Affiliate of Party A that has a long-term issuer rating or a rating for its long term, unsecured and unsubordinated indebtedness that is equal to or better than Party A’s credit rating at the time of such assignment or transfer so long as (a) such assignee or transferee is organized under the laws of the United States or any State thereof; (b) Party B will not be required to pay to such assignee or transferee an amount in respect of an Indemnifiable Tax under Section 2(d)(i)(4) of the Agreement greater than the amount in respect of which Party B would have been required to pay Party A in the absence of such assignment or transfer; (c) Party B will not receive a payment from which an amount has been withheld or deducted on account of a Tax under Section 2(d)(i) of the Agreement in excess of that which Party A would have been required to so withhold or deduct in the absence of such assignment or transfer, unless Party A would be required to pay to Party B amounts under Section 2(d)(i)(4) of the Agreement in respect of such Tax; and (d) no Event of Default, Potential Event of Default, Termination Event, Potential Adjustment Event or Acceleration Event will occur as a result of such assignment or transfer. Notwithstanding any other provision in this Confirmation to the contrary requiring or allowing Party A to purchase, sell, receive or deliver any Shares or other securities to or from Party B, Party A may designate any of its Affiliates to purchase, sell, receive or deliver such Shares or other securities and otherwise to perform Party A’s obligations in respect of the Transaction and any such designee may assume such obligations. Party A shall be discharged of its obligations to Party B to the extent of any such performance.

  • Enurement and Assignment This Agreement shall enure to the benefit of the parties hereto and their respective successors and permitted assigns and shall be binding upon the parties hereto and their respective successors. This Agreement may not be assigned by any party hereto without the prior written consent of each of the other parties hereto.

  • Transfer, Amendment and Assignment No transfer, amendment, waiver, supplement, assignment or other modification of this Transaction shall be permitted by either party unless each of Standard & Poor's Ratings Service, a division of The XxXxxx-Xxxx Companies, Inc ("S&P") and Xxxxx'x Investors Service, Inc. ("MOODY'S"), has been provided notice of the same and confirms in writing (including by facsimile transmission) that it will not downgrade, qualify, withdraw or otherwise modify its then-current ratings on the Certificates issued under the Pooling and Servicing Agreement (the "CERTIFICATES").

  • Amendment and Assignment This Agreement may be amended only in writing and signed by both parties. This Agreement may not be assigned to another party.

  • Sale and Assignment On the terms and conditions set forth herein, effective on and as of the Assignment Date, the Assignor hereby sells, assigns and transfers to the Assignee, and the Assignee hereby purchases and assumes from the Assignor, all of the right, title and interest of the Assignor in and to, and all of the obligations of the Assignor in respect of, the Assigned Interest. Such sale, assignment and transfer is without recourse and, except as expressly provided in this Agreement, without representation or warranty.

  • Variation and Assignment No variation of this agreement shall be valid or effective unless it is in writing. We may amend this TOBA by sending you either a notice of amendment in writing or a revised TOBA. We are entitled to assign this TOBA to any other Affiliate for so long as such company remains an Affiliate.

  • SUBLEASING AND ASSIGNMENT The Sublessee may not lease, sublease, or assign the Premises without the prior written consent of the Sublessor.

  • Licenses and Assignments Except as otherwise permitted by the Secured Debt Agreements, each Assignor hereby agrees not to divest itself of any right under any Patent or Copyright absent prior written approval of the Collateral Agent.

  • CESSION AND ASSIGNMENT The Service Provider shall not cede, assign, abandon or transfer any of its rights and/or obligations in terms of this Agreement (whether in part or in whole) or delegate any of its obligations in terms of this Agreement, without the prior written consent of the Fund.

  • Benefit and Assignment This Agreement shall be binding upon and shall inure to the benefit of the parties hereto and their respective successors and assigns. No party hereto may voluntarily or involuntarily assign such party's interest under this Agreement without the prior written consent of the other parties.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!