Transfer and Acceptance Sample Clauses

Transfer and Acceptance. Upon its receipt of a Transfer and Acceptance executed by a transferring Holder and an transferee and the Note or Notes, or the portion of thereof, being surrendered for transfer, together with the fee referred to in Section 12.07(a), the Administrative Agent shall, if such Transfer and Acceptance has been completed and is in the form of Exhibit D hereto, (i) accept such Transfer and Acceptance, (ii) record the information contained therein in the Register, (iii) give prompt notice thereof to the Issuer and request that the Issuer, at its own expense (except as provided below), execute and deliver one or more new Notes (as requested by the Holder thereof) in exchange therefor, in an aggregate principal amount equal to the unpaid principal amount of the surrendered Notes, or portions thereof. Each such new Note shall be payable to the Person as such Holder may request and shall be substantially in the form of Exhibit B. Each such new Note shall be dated and bear interest from the date to which such interest shall have been paid on the surrendered Note, or portion thereof, or dated the date of the surrendered Note, or portion thereof, if no interest shall have been paid thereon. The Issuer may require payment by the transferee of any such Note, or portion thereof, of a sum sufficient to cover any stamp tax, transfer tax or governmental charge imposed in respect of any such transfer of Notes, or portions thereof.
AutoNDA by SimpleDocs
Transfer and Acceptance. Subject to the terms and conditions of this Agreement, upon the Closing of this Agreement (as hereinafter defined) the Member shall assign, transfer and contribute to the Company, and the Company shall assume and acquire, all of the right, title and interest in and to the Exchange Interests.
Transfer and Acceptance. Assignor hereby irrevocably and absolutely transfers and assigns to each Assignee, and each Assignee hereby accepts and assumes from Assignor, all of Assignor’s rights, interests and obligations in and relating to the Assigned Rights and Obligations and all rights, responsibilities and obligations arising therefrom, in each case with effect from the Effective Date; provided that the rights and obligations to purchase shares of Convertible Preferred Stock shall be in proportion to the percentage set forth opposite such Assignee’s name on Exhibit A hereto.
Transfer and Acceptance. 8.1. The fact of transfer and acceptance of Services shall be confirmed by making payment under invoice sent by the Contractor to the Customer. 8.2. The Customer agrees that by paying the cost of Services under invoice it acknowledges that Services under this Agreement were duly performed by the Contractor and the Customer has no claims and complaints concerning the scope and quality of rendered Services.
Transfer and Acceptance. CARE, CUSTODYAND CON'TROL. Upon completion of each installation, Contractors shall so advise Participant. Unless Participant shall advise Contractor within thirty days (30) thereafter why installation is not complete, completion shall be deemed to have occurred and the care, custody and control of each System shall pass to Participant. In any event, the care, custody, and control of each System shall pass to Participant no later than the time when Participant takes physical possession thereof. ELECTRICITY and RENEWABLE ENERGY CREDITS PRODUCED. Unless otherwise agreed, Participant shall be the owner of all electricity generated by the System and the related renewable energy credits and other intangible environmental attributes associated with such electricity.
Transfer and Acceptance. 6.1. The County agrees to transfer ownership of the Development Park Stormwater Parcels along with all associated public infrastructure, water rights, utility accounts, and improvements when improvements have been made to ensure that the stormwater system functions to accommodate the 5-year, 24-hour storm event. 6.2. The County agrees to transfer ownership of the 9.69-acre parcel of Kestrel Park, Parcel 2 (east), and the Xxxxxx Creek parcels (Parcel 1 (east and west), and the Airway- 6.3. The County agrees to transfer ownership of the western 4.41-acre parcel of Kestrel Park, Parcel 2(west),, along with all associated water rights, utility accounts and improvements if XxXxxx School does not successfully acquire the parcel under the provisions set forth in the recorded Option to Purchase recorded in Book 713, Page 41 in the official records of Missoula County, Montana. 6.4. The City agrees to accept transfer of the Stormwater Parcelsand associated infrastructure when the necessary and reasonable improvements, as agreed upon by the City and County and based on the recommendation by Xxxxxxx Environmental Engineering Consultants, have been made to ensure that the stormwater system functions to accommodate the 5-year, 24-hour storm event. 6.5. The City Agrees to accept transfer of ownership of the Airway-Expressway Boulevard landscaped right-of-way along with all associated water rights, utility accounts, and improvements. 6.6. The City agrees to accept transfer of ownership of the eastern 9.69 acre parcel of Kestrel Park, Parcel 2 (east) and the Xxxxxx Creek parcels, Parcel 1 (east and west), along with all associated water rights, utility accounts, and improvements, . 6.7. The City agrees to accept transfer of ownership for the western 4.41 acre parcel of Kestrel Park, Parcel 2 (west), along with all associated water rights, utility accounts and improvements, if XxXxxx School does not successfully acquire the parcel under the provisions set forth in recorded Option to Purchase recorded in Book 713, Page 41 in the official records of Missoula County, Montana.
Transfer and Acceptance. Assignor hereby irrevocably and absolutely transfers and assigns to the Assignee, and the Assignee hereby accepts and assumes from Assignor, a portion of Assignor’s rights, interests and obligations in and relating to the Assigned Rights and Obligations and all rights, responsibilities and obligations arising therefrom, in each case with effect from the Effective Date (the “Assignment”). For avoidance of doubt, the Assignee shall only have the rights and obligations to purchase 1,000 shares of the Series A Preferred Stock to be purchased by the Purchaser under to the Investment Agreement.
AutoNDA by SimpleDocs
Transfer and Acceptance. Subject to the terms and conditions set forth in this Agreement, including the satisfaction or waiver of the Conditions Precedent and in exchange for Buyer’s obligation to pay the Upfront Cash Consideration and to comply with the further obligations set out in Article 4, at Closing the Seller shall assign, convey and transfer to Buyer and Buyer shall accept, a forty five percent (45%) Participating Interest, free from Encumbrances, and any other asset, right and obligation under all contracts, licenses, agreements, commitments and other legal obligations to which such Participating Interest is bound, but excluding any obligations or liabilities Seller has towards any third party, including but not limited to OK Energy and/or the Government, other than those arising under the Exploration Right, JOA and the Applicable Laws and Regulations (the “Assigned Interest”).
Transfer and Acceptance. 18 11.1 Care, Custody and Control....................... 18 11.2 Acceptance of the Work.......................... 19 11.3 Limitation...................................... 19 ARTICLE 12
Transfer and Acceptance 
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!