Transfer of Investment Sample Clauses

Transfer of Investment. Recognizing the principle of the freedom of transfer, each Contracting Party, within the scope of its existing laws and regulations, shall authorize, in conformity with its relevant most favourable rules, the transfer out of its territory without undue restriction and delay in any freely convertible currency of payments resulting from investment activities and in particular of the following items: a) net profits, interest, dividends and other current income; b) funds necessary ( )for the acquisition of raw or auxiliary materials, semifabricated or finished products, or ( )to replace capital assets in order to safeguard the continuity of an investment; c) additional funds necessary for the development of an investment, earnings of natural persons, the proceeds of liquidation of capital funds in repayment of loans, management fees and royalties.
AutoNDA by SimpleDocs
Transfer of Investment. You may transfer and assign ownership of your GIC and your Term Deposit to another person. For more information about transferring your GIC, contact us at the contact branch office shown on your Confirmation of Investment.
Transfer of Investment. 1. The equity in the Project Companies and any derivative property based on such equity are the common property of the Co-Investors and shall be owned by the Co-Investors according to their respective investment percentages in the Project Companies. 2. The equity in the Project Companies held by a Co-Investor may be transferred with the consent of the Co-Investors holding the majority of the voting right (the transferor is entitled to participating in such consent). Upon the transfer, transferees of such equity will be entitled to sharing the benefit and equity of the Project according to their investment percentages. 3. When any party intends to transfer all or part of his/its equity in the Project Companies, it/he shall obtain the consent of the Co-Investors holding the majority of the voting rights (the transferor is entitled to participating in such consent). Once the transfer is approved, the non-transferring Co-Investors shall have a right of first refusal, but not an obligation, to purchase the equity of the transferring Co-Investor on the same terms and conditions as the third party offer. One or more non-transferring Co-Investors may purchase the equity to be transferred solely or collectively. In the event they intend to collectively purchase such equity, they shall purchase the equity according to their relative investment percentage to each other. 4. Party A is entitled to purchasing the equity interest of Party B and/or Party C in the Project Companies at Party A’s sole discretion at a price determined by an independent professional appraiser.
Transfer of Investment. 1. Either Contracting Party shall, within the scope of its laws and regulations in respect to investments by investors of the other Contracting Party, grant to those investors, without unreasonable delay, the transfer of the following for instance: a. A capital and additional capital amounts used to maintain and increase investments; b. Net operating profits including dividens and interests in proportion to the share-holding of the foreign participant; c. Repayment of any loan and the relevant interest thereof, as far as it is related to the investment; d. Payment of royalties and services fees as far as it is related to the investment; e. Proceeds from sales of shares owned by the foreign share holders; f. Compensation for losses, under Article 5; g. Compensation for expropriation, under Article 4; h. Proceeds received by investor in case of liquidation; i. The earnings of nationals of one Contracting Party who are allowed to work in connection with investment in the territory of the other Contracting Party. 2. To the extent investor of either Contracting Party has not made another arrangement with the appropriate authorities of the other Contracting Party in whose territory the investment is situated, currency transfer made pursuant to paragraph 1 of this Article shall be permitted in the currency of the original investment or any other freely convertible currency. Such transfer shall be made at the prevailing rate of exchange on the date of transfer.
Transfer of Investment. If, as contemplated by Section 3.1.1(a)(iii) of the Sale Agreement, any interest in Investment is transferred from Windmill to ABN AMRO under the Liquidity and Credit Facilities provided by ABN AMRO in the Transfer Agreement, the purchase price paid by ABN AMRO will equal the face amount of commercial paper outstanding from Windmill to fund such Investment. To the extent such purchase price, therefore, includes Purchaser Discount accrued and to accrue to Windmill (such portion of the purchase price being "Capitalized Purchase Discount"), such Capitalized Purchase Discount shall itself bear interest at the rates applicable under the Liquidity and Credit Facilities. Notwithstanding anything to the contrary in the Sale Agreement, both the Capitalized Purchase Discount and all interest that accrues thereon shall be payable as Carrying Costs on the Settlement Date following the transfer of Investment.

Related to Transfer of Investment

  • Transfer of Interest The Interest is personal property and may be transferred or assigned, in whole or in part, as permitted by the Equityholders Agreement, in the sole discretion of the Member. Notwithstanding anything to the contrary set forth herein, no Interest in the Company may be issued, transferred or pledged in any manner whatsoever except in compliance with all applicable Gaming Licenses and Gaming Laws, except as contemplated by Section 9.2.

  • Transfer of Interests The Member may sell, assign, pledge, encumber, dispose of or otherwise transfer all or any part of the economic or other rights that comprise its Interest. The transferee shall have the right to be substituted for the Member under this Agreement for the transferor if so determined by the Member. No Member may withdraw or resign as Member except as a result of a transfer pursuant to this Section 7 in which the transferee is substituted for the Member. None of the events described in Section 18-304 of the Act shall cause the Member to cease to be a Member of the Company.

  • Transfer of Funds From such funds as may be available for the purpose in the relevant Fund Custody Account, and upon receipt of Proper Instructions specifying that the funds are required to redeem Shares of the Fund, the Custodian shall wire each amount specified in such Proper Instructions to or through such bank or broker-dealer as the Trust may designate.

  • Risk of Investment THE SUBSCRIBER RECOGNIZES THAT THE PURCHASE OF THE SHARES INVOLVES A HIGH DEGREE OF RISK INCLUDING, WITHOUT LIMITATION, ANY AND ALL RISKS DISCUSSED IN THIS SUBSCRIPTION AGREEMENT. AN INVESTMENT IN THE COMPANY AND THE SHARES MAY RESULT IN THE LOSS OF A SUBSCRIBER’S ENTIRE INVESTMENT.

  • Transfer of Units (i) Except as expressly provided in this Agreement, a Member may not sell, exchange, transfer, assign, pledge, hypothecate or otherwise dispose of all or any portion of any of such Member's Units or any interest therein (a "Transfer") (except for a Transfer by Internet World to any Person or by any Member to a Permitted Transferee) without the written consent of the Board, which consent may be withheld for any reason. The Company shall not register any Transfer of a Member's Units or any interest therein, and any such Transfer or registration of Transfer shall be null and void, without the written consent of the Board. An assignee who has not been admitted as a Member shall be entitled only to allocations and distributions with respect to such interest in accordance with this Agreement, and shall have no right to any information or, to the fullest extent permitted by law, accounting of the affairs of the Company, shall not be entitled to inspect the books or records of the Company and shall not have any of the rights of a Member under the Act or this Agreement, but shall otherwise assume in writing prior to such Transfer, other than a pledge (in respect of which such compliance shall be required after sale or foreclosure), all obligations of the assignor hereunder as if such assignee were the assignor; no such assignment shall be valid unless the assumption of obligations described in this sentence has been executed. Neither a Transfer of Units nor the admission of the Transferee thereof as a Member shall discharge the transferor from any obligation hereunder. (ii) The restrictions contained in this SECTION 2.6(a) shall not apply with respect to any Transfer of Units or any part thereof by any Member (a) among its Affiliates, (b) to any lender to whom a Member's Units or any part thereof are assigned or pledged pursuant to a loan agreement, (c) to any Member's spouse or children or to a trust or the trustee or 8 68 trustees of a trust directly or indirectly for the benefit of the Member's spouse, children or a charitable organization, (d) to the Member's executors, administrator, testamentary trustee, legatees or beneficiaries upon the Member's death, or (e) by gift (all such transferees shall be collectively referred to as the "Permitted Transferees"); PROVIDED, that the Permitted Transferee shall execute a counterpart of this Agreement; and PROVIDED, FURTHER that the restrictions contained in this Agreement shall continue to apply to the Units after such Transfer by reference to the original Member; and PROVIDED, FURTHER, that the transferor shall remain liable for all of its obligations under this Agreement that survive.

  • Transfer of Shares Shares shall be transferable on the records of the Trust only by the record holder thereof or by its agent thereto duly authorized in writing, upon delivery to the Trustees or a transfer agent of the Trust of a duly executed instrument of transfer, together with such evidence of the genuineness of each such execution and authorization and of other matters as may reasonably be required. Upon such delivery the transfer shall be recorded on the applicable register of the Trust. Until such record is made, the Shareholder of record shall be deemed to be the holder of such Shares for all purposes hereof and neither the Trustees nor any transfer agent or registrar nor any officer, employee or agent of the Trust shall be affected by any notice of the proposed transfer. Any person becoming entitled to any Shares in consequence of the death, bankruptcy, or incompetence of any Shareholder, or otherwise by operation of law, shall be recorded on the applicable register of Shares as the holder of such Shares upon production of the proper evidence thereof to the Trustees or a transfer agent of the Trust, but until such record is made, the Shareholder of record shall be deemed to be the holder of such for all purposes hereof, and neither the Trustees nor any transfer agent or registrar nor any officer or agent of the Trust shall be affected by any notice of such death, bankruptcy or incompetence, or other operation of law.

  • Sale of Investments Pursuant to Instruction, Investments sold for the account of the Fund shall be delivered (a) against payment therefor in cash, by check or by bank wire transfer, (b) by credit to the account of the Custodian or the applicable Subcustodian, as the case may be, with a Clearing Corporation or a Securities Depository (in accordance with the rules of such Securities Depository or such Clearing Corporation), or (c) otherwise in accordance with an Instruction, Applicable Law, generally accepted trade practices, or the terms of the instrument representing such Investment.

  • Transfer of Agreement Without prior written consent of the WFOE, the Existing Shareholders or the Domestic Company may not assign its rights and obligations hereunder to any third party.

  • Terms of Investment (a) In order to help reasonably address the risk of undue influence on an Acquired Fund by an Acquiring Fund, and to assist the Acquired Fund’s investment adviser with making the required findings under the Rule, each Acquiring Fund and each Acquired Fund agree as follows:

  • Scale of investment Upon a reasonable request by an Acquired Fund, the Acquiring Fund will provide summary information regarding the anticipated timeline of its investment in the Acquired Fund and the scale of its contemplated investments in the Acquired Fund.

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