Transfer Condition. 4 – form of transfer
(a) if a form is prescribed for Transfers under clause 9.5, the Transfer is in that form; and
(b) in any event, if the Transfer states the monetary consideration in relation to the Transfer.
Transfer Condition. 8 – consent from Permanent Holder and term of transfer
(a) Transfer condition 8 applies to a Transfer of an Attached Right held under a Temporary Transfer.
(b) A Transfer complies with transfer condition 8 if:
(i) the Permanent Holder in respect of the Attached Right consents to the Transfer; and
(ii) the Transfer is for a term not longer than the remaining term for which the Attached Right is held under the Source Water Entitlement.
Transfer Condition. If, as a result of circumstances existing at the Relevant Date, the Borrower would be obliged to make a payment to a New Lender under Clause 12 (Tax gross-up and indemnities) or Clause 13.1 (Increased Costs) of the Amended Agreement, then such New Lender is only entitled to receive payment under those clauses to the same extent as the Existing Lender (from whom such New Lender acquired its rights and obligations under the Finance Documents) would have been, if the transfer to such New Lender referred to in Schedule 4 (Transfer Details) had not occurred. 6 GOVERNING LAW This Agreement is governed by English law.
Transfer Condition. The following conditions apply to Transfers and to consents given by the Landlord: (a) the Landlord’s consent is not a waiver of the requirement for consent to subsequent Transfers; (b) the Transferor will remain liable for the Tenant’s obligations and indemnify the Landlord against the Transferee’s failure to perform the Tenant’s obligations after the Transfer; (c) the Transferee will execute an agreement directly with the Landlord agreeing to be bound by this Lease as Tenant; (d) the Landlord may apply amounts collected from the Transferee to any unpaid Rent; and (e) once the Landlord’s consent is given, the Transfer must take place within sixty (60) days or the consent will expire and the Transfer may not take place unless the Tenant again complies with Article 6.
Transfer Condition. 1 - who may transfer
Transfer Condition. 6 ‐ credit worthiness
(a) Transfer condition 6 only applies where the Transfer is a Permanent Transfer.
(b) A Transfer complies with transfer condition 6 if the Water Entity acting reasonably is satisfied as to the credit worthiness of the transferee.
Transfer Condition. In connection with any transfer of a Membership Interest or any portion thereof to a non-Member, the Member making such transfer and the assignee shall furnish the other Member with a copy of the transfer instrument, a ratification by the assignee of this Agreement, evidence of any required third party consents, and, if requested, a legal opinion that the transfer complies with applicable federal and state securities laws. In addition, the Member making such transfer shall reimburse the Company for all costs and expenses incurred by the Company, including without limitation, reasonable attorneys fees, in connection with such Transfer.
Transfer Condition. 13.1. You are not allowed to transfer your membership, rights or obligation to other parties witout DanaSyariah written permission, dated and signed by two or more Xxxx Syariah Board of Directors.
Transfer Condition. The purchase and sale of the Sale Shares is conditioned on the satisfaction of a Transfer Condition. No title in or to any of the Sale Shares shall be granted or transferred to the Purchaser until a Transfer Condition has been satisfied and any and all rights in or deriving from the Sale Shares, including voting rights, shall remain with the Seller until a Transfer Condition has been satisfied and payment on account of the Aggregate Purchase Price in respect of the relevant Sale Shares shall have been made in full.
(i) In the event a Transfer Condition is satisfied by way of satisfaction of the Half Payment Condition, fifty percent (50%) of the total number of Sale Shares shall be transferred and sold to the Purchaser by the Seller, and if upon or from time to time following satisfaction of the Half Payment Condition, but not later than the fifth (5th) year anniversary of the Closing Date, additional payments on account of the Aggregate Purchase Price shall be made to the Seller, then such amount of the remaining Sale Shares as shall equal the amount of the Sale Shares multiplied by a fraction the numerator of which is the aggregate amount paid on account of the Aggregate Purchase Price and the denominator of which is the Aggregate Purchase Price shall be transferred and sold from time to time to the Purchaser without duplicity in calculating the number of Sale Shares to be transferred.
(ii) Without duplicity from the operation of (i) above, in the event a Transfer Condition is satisfied by way of satisfaction of the Time Lapse Condition then only such number of Sale Shares calculated by multiplying the amount of the Sale Shares by a fraction, the numerator of which is the aggregate amount paid on account of the Aggregate Purchase Price and the denominator of which is the Aggregate Purchase Price, shall be transferred and sold to the Purchaser by the Seller and the Purchaser shall have no claims or rights in or to the remaining Sale Shares whatsoever. Any cash dividends, dividends payable in securities, or other distributions of any kind which are declared following the date hereof in respect of Sale Shares prior to the transfer of title thereof to the Purchaser pursuant to the terms of this Agreement shall be for the benefit of and paid to the Seller, provided, however, that (i) any Adjustment Securities that are issued in respect of Sale Shares shall be deposited with the Escrow Agent and shall be deemed to be an integral part of the Sale Shares; (ii) an...
Transfer Condition. The transfer of the Sold Shares and the Sold Shareholder Loans is subject to the condition precedent of the payment of the Purchaser Price in accordance with Clause 4.4 and further subject to the Closing Conditions in Clause 5.1.
