TRANSFER OF LEGAL TITLE Sample Clauses

TRANSFER OF LEGAL TITLE. All parties acknowledge and agree that the legal transfer of the TD Assets will occur on the later of immediately after the IPO Closing Date and the date on which the last Material Consent is obtained, but in any event the Parties acknowledge that the Transferee is entitled to receive the net economic benefit derived from the operation of the Service Operations from and after the Effective Time, as provided in Section 2.1.
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TRANSFER OF LEGAL TITLE. (Go to paragraph G below) To Wife To Husband
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TRANSFER OF LEGAL TITLE. The transfer of the legal title to the Business by the Seller to the Purchasers, as meant in Clause 2.1.5, shall be implemented by means of the execution of a deed of assignment (the “Deed of Assignment”) and in connection therewith the Seller shall undertake all necessary actions, including but not limited to:
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TRANSFER OF LEGAL TITLE. The entire legal and beneficial title to the Contract CERs will pass to the Buyer upon Delivery whereby transfer of risk shall take place, except that, in the event of Transfer System Failure, the entire legal and beneficial title to Contract CERs will be deemed to pass to the Buyer on receipt of the relevant Certification Report by the CDM Executive Board.
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TRANSFER OF LEGAL TITLE. 10.1 The Crown covenants for the benefit of the governance entity and the Pakaitore trustees that it will:
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Related to TRANSFER OF LEGAL TITLE

  • Legal Title Legal title to all the Trust Property shall be vested in the Trustees as joint tenants except that the Trustees shall have power to cause legal title to any Trust Property to be held by or in the name of one or more of the Trustees, or in the name of the Trust, or in the name of any other Person as nominee, custodian or pledgee, on such terms as the Trustees may determine, provided that the interest of the Trust therein is appropriately protected. The right, title and interest of the Trustees in the Trust Property shall vest automatically in each person who may hereafter become a Trustee upon his due election and qualification. Upon the ceasing of any person to be a Trustee for any reason, such person shall automatically cease to have any right, title or interest in any of the Trust Property, and the right, title and interest of such Trustee in the Trust Property shall vest automatically in the remaining Trustees. Such vesting and cessation of title shall be effective whether or not conveyancing documents have been executed and delivered.

  • No Legal Title to Owner Trust Estate The Certificateholders shall not have legal title to any part of the Owner Trust Estate solely by virtue of their status as a Certificateholder. The Certificateholders shall be entitled to receive distributions with respect to their undivided beneficial interest therein only in accordance with Articles V and VIII. No transfer, by operation of law or otherwise, of any right, title or interest of the Certificateholders to and in their ownership interest in the Owner Trust Estate shall operate to terminate this Trust Agreement or the trusts hereunder or entitle any transferee to an accounting or to the transfer to it of legal title to any part of the Owner Trust Estate.

  • No Legal Title to Trust Estate in Certificateholders The Certificateholders shall not have legal title to any part of the Trust Estate. A Certificateholder shall be entitled to receive distributions with respect to its undivided Percentage Interest therein only in accordance with Articles V and IX. No transfer, by operation of law or otherwise, of any right, title or interest of a Certificateholder to and in its ownership interest in the Trust Estate shall operate to terminate this Agreement or the trusts hereunder or entitle any transferee to an accounting or to the transfer to it of legal title to any part of the Trust Estate.

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