Transfer back Clause Samples

The "Transfer back" clause establishes the conditions under which property, rights, or assets previously transferred to another party must be returned to the original owner. Typically, this clause applies when a contract ends, is terminated, or certain obligations are fulfilled, requiring the recipient to return items such as intellectual property, confidential information, or physical goods. Its core practical function is to ensure that ownership or control reverts to the rightful party, thereby protecting the original owner's interests and preventing unauthorized retention or use after the contractual relationship concludes.
POPULAR SAMPLE Copied 5 times
Transfer back. If a transferee of shares under this clause ceases to be a Related Body Corporate of the transferor of those shares, then immediately upon the transferee ceasing to be a Related Body Corporate the transferor shall procure the transfer back in its name of all of the shares in the Company held by the transferee.
View SourceView Similar (2)
Transfer back. Notwithstanding any other provision in this Agreement, an employee, who has relocated to another position in accordance with this Clause, shall be offered for a period of one (1) year the first opportunity to transfer back to his former office at his own expense.
View SourceView Similar (10)
Transfer back. (a) If the Purchaser fails to pay the Unpaid Purchase Price to the Seller on or before October 28, 2015 pursuant to Section 3.3, on October 29, 2015 (the “Transfer-back Closing Date”) the Purchaser shall transfer the SPV Sale Shares back to the Seller, free and clear of any Encumbrance (the “Transfer-back”). (b) On the Transfer-back Closing Date, (i) the Purchaser shall deliver to the Seller (A) the documents specified in Section 3.2(b)(i)-3.2(b)(iii) (with “Seller” being interpreted as “Purchaser,” and “Purchaser” being interpreted as “Seller,” for such purpose) and (B) a copy of the duly signed resignation letter of ▇▇. ▇▇▇▇ ▇▇▇ in the form set out in Schedule 3 of the Share Charge, effective as of the Transfer-back Closing Date, and (ii) the Seller shall pay US$1.00 in cash to the Purchaser. (c) Without limiting the obligations of the Purchaser under this Section 3.4, the Seller shall be entitled to use the documents delivered by the Purchaser pursuant to Sub-Clause 4.2 of the Share Charge, and/or the power of attorney granted pursuant to Clause 10 of the Share Charge, in order to effect any deliveries required by Section 3.4(b) or otherwise to effect the Transfer-back. (d) For the avoidance of doubt, if the Transfer-back occurs, the Initial Payment shall not be refundable.
View SourceView Similar (2)
Transfer back. When the condition of a transferred patient improves so that the tertiary service capability of the receiving hospital is no longer required, St. Joseph’s may transfer the patient back to the Transferring Institution, and the Transferring Institution shall accept the patient back as indicated in the Transfer For Procedures Form ESI#118067. This is not intended to influence the free choice of the patient in selecting providers, facilities or services, nor is it intended to influence the independent medical judgment of the medical staff of either the sending or receiving institution.
View Source
Transfer back. If a person to whom an interest in ▇▇▇ Instruments or an interest in Investor Securities has been Transferred pursuant to Clause 11.1.1 ceases maintain the relevant connection with the Transferor or Gazit or CPI CEE (as relevant) such that the Transfer would no longer be treated as a Permitted Transfer in terms of Clause 11.1.1 were it to occur after such relevant connection had ceased, the Transferee and the Transferor shall (to the extent legally possible) ensure that all such interests in ▇▇▇ Instruments or Interests in Investor Securities are transferred back to the Transferor or to another Transferee by way of a Permitted Transfer within five Business Days of the cessation of such connection.
View Source
Transfer back. The City agrees to provide the University with the necessary documentation to transfer back to the University all related collection activity at termination of the contract. Documentation shall be provided in format maintained by the City, unless another format is mutually agreed upon by the parties. Any and all cost associated with the transfer of activities back to the University, including the provision of documentation, shall be the responsibility of the University. Each party retains ownership of its respective base collection data during the contract term.
View Source
Transfer back. Each Financial Sponsor shall procure that, if it effects a Disposal in accordance with clause 6.3 (other than clause 6.3(f)) and the circumstances entitling such Disposal to be made cease to exist, any entity to which such Restricted Securities were transferred (the Transferee) transfers, as soon as reasonably practicable, all of the Restricted Securities which it then holds to the Party which transferred the Restricted Securities to it (the Transferor). If the Transferor no longer exists or is no longer a member of the Ardian Group or the Luxgoal 3 Group, as the case may be, of which it formed part at the time of the Disposal, the Transferee shall transfer, as soon as reasonably practicable, all of the Restricted Securities which it then holds to another entity within the Ardian Group or the Luxgoal 3 Group, as the case may be.
View Source

Related to Transfer back

  • Transfer or Sale The Investor understands that (i) the Securities may not be offered for sale, sold, assigned or transferred unless (A) registered pursuant to the Securities Act or (B) an exemption exists permitting such Securities to be sold, assigned or transferred without such registration; (ii) any sale of the Securities made in reliance on Rule 144 may be made only in accordance with the terms of Rule 144 and further, if Rule 144 is not applicable, any resale of the Securities under circumstances in which the seller (or the Person through whom the sale is made) may be deemed to be an underwriter (as that term is defined in the Securities Act) may require compliance with some other exemption under the Securities Act or the rules and regulations of the SEC thereunder.

  • Permitted Transfer Notwithstanding anything in this Article 5 to the contrary, Tenant may assign its interest in this Lease or sublease all or any part of the Premises (each a “Permitted Transfer”) to a Permitted Transferee (defined below) with notice to Landlord (delivered prior to the Transfer, or in the event Tenant is prohibited from doing so by Applicable Laws or contractual obligations, then as soon as reasonably practical) but without Landlord’s prior written consent; provided, that (i) with respect to a Permitted Transfer involving an assignment of this Lease, the Permitted Transferee assumes this Lease by a written assumption agreement delivered to Landlord prior to the effective date of such Permitted Transfer (unless such prior delivery is prohibited by Applicable Laws, in which event Tenant shall deliver such assumption agreement as soon as allowed), (ii) the Permitted Transferee shall use the Premises only for the Permitted Use, (iii) the use of the Premises by the Permitted Transferee shall not violate any other agreements or leases affecting the Property, (iv) the occurrence of a Permitted Transfer shall not waive Landlord’s rights as to any subsequent Transfer, (v) the Permitted Transferee shall satisfy the Credit Requirement (defined below), and (vi) Tenant shall have given Landlord written notice at least thirty (30) day before such Transfer (unless such notice is prohibited by applicable Law, in which event Tenant shall give such notice within ten days following such Transfer). As used herein, (A) “Affiliate” means any person or entity who or which controls, is controlled by, or is under common control with Tenant, (ii) a corporation or other entity which shall be a wholly owned subsidiary of the Tenant, (iii) the parent corporation or other entity that wholly owns Tenant, or (iv) a subsidiary of such parent corporation or other entity that wholly owns Tenant, or a corporation or other entity having a majority of its ownership in common with the ownership of Tenant, or (v) a Successor corporation, limited liability company or other entity; (B) “Successor” means any (i) business entity in which or with which Tenant is merged or consolidated in accordance with applicable statutory provisions governing merger and consolidation of business entities, so long as Tenant’s obligations under this Lease are assumed by the Successor, or (ii) the successor or surviving corporation or other entity in the event of a merger or consolidation of the Tenant with another corporation, so long as Tenant’s obligations under this Lease are assumed by the Successor; (C) “Purchaser” means any person or entity who or which acquires all or substantially all of the assets or equity interests of Tenant; (D) “Permitted Transferee” means an Affiliate, Successor or Purchaser. The “Credit Requirement” shall be deemed satisfied if, as of the effective date of the Permitted Transfer, the resulting tenant under this Lease meets or exceeds all of following minimum criteria immediately following the Transfer: (i) cash on hand equal to at least Two Billion Dollars ($2,000,000,000) according to the Permitted Transferee’s most recent financial statement, determined in accordance with generally accepted accounting principles (“GAAP”), (ii) outstanding debt of not more than sixty (60%) of the Permitted Transferee’s available cash on hand (as determined pursuant to the foregoing subsection (i) according to the Permitted Transferee’s most recent financial statement, determined in accordance with GAAP, and (iii) a market capitalization equal to at least Five Billion Three Hundred Million Dollars ($5,300,000,000).