Transfer of Longtan Project Sample Clauses

Transfer of Longtan Project. The Transferors covenant to cause the Company to transfer the Longtan Project to Nanguang in exchange for RMB1,658,000. The Transferors covenant to take such action and to execute such documents and instruments and cause the Company to take such action and to execute such documents and instruments as may be necessary to effect the transfer and assignment of the Longtan Project from the Company to Nanguang to the satisfaction of the Transferee, including without limitation: (1) execution of any agreements among the Company, Nanguang and the Longtan Commission regarding transfer and assignment by the Company to Nanguang of the LUR to the Longtan Land and the entrusted construction contract under the Longtan Project (and based on the transfer of the aforementioned contracts, the competent PRC governmental authorities shall change the registered transferee of the LUR to the Longtan Land and the registered property owner regarding the project planning and project construction to Nanguang); (2) execution of agreements among the Company, Nanguang and any third party that is the party to any outstanding contracts or agreements related to the Longtan Project as requested by the Transferee in writing; (3) issuance of an undertaking letter by Nanguang to the Company regarding Nanguang’s assumption of any and all obligations, liabilities and responsibilities in connection with or arising from the Longtan Project. Nanguang further covenants to pay the transfer price of the Longtan Project equal to RMB1,658,000 to the Company immediately upon Nanguang’s receipt of the First Installment.
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Transfer of Longtan Project. All relevant parties have taken necessary actions and executed necessary documents and instruments for the purpose of transfer of the Longtan Project in accordance with Section 6.10 hereof.
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Transfer of Longtan Project. Nanguang shall have fully paid to the Company the transfer price of the Longtan Project equal to RMB1,658,000.
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Transfer of Longtan Project. The transfer and assignment of the Longtan Project from the Company to Nanguang are conducted in compliance with PRC Laws and will become effective by or upon the Initial Closing Date. On the Initial Closing Date, the Company does not have any right, title, interest, obligation, liability and/or responsibility on the Longtan Project, except for the Lease Agreement to be executed by the Company and Nanguang as defined in Section 7.1.9 hereof. Once the construction of the Longtan Facility is complete, Nanguang shall obtain the complete and clean title to the Longtan Facility and the LUR to the Longtan Land.
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Related to Transfer of Longtan Project

  • Transfer of Loan In the event that Lender transfers the Loan, Borrower shall continue to make payments at the place set forth in the Note until such time that Borrower is notified in writing by Lender that payments are to be made at another place.

  • Transfer of Agreement 9.1 Unless with the prior consent from the Pledgee, the Pledgor has no right to grant or transfer any of his rights and obligations hereunder.

  • Transfer of Know-How To facilitate Licensee’s accomplishment of the responsibilities set forth in Section 4.01 above, within thirty (30) days of the Effective Date of this Agreement GenuPro shall in good faith supply Licensee with copies of the GenuPro Know-How, Lilly Know-How and Lilly Manufacturing Know-How pertinent to the development of the GenuPro Compound in the Field that GenuPro is able to provide using commercially reasonable efforts and which is in the possession of GenuPro on the Effective Date, and shall transfer to Licensee the legal title to any IND on the GenuPro Compound presently on file in GenuPro’s name with the FDA and any comparable filings in other countries of the Territory. GenuPro shall also facilitate transfer of GenuPro Compound manufacturing-related information (including any associated quality and analytical information) to Licensee from those Third Parties from which GenuPro or PPD has received quotations for manufacturing GenuPro Compound that GenuPro is not under any obligation to keep confidential from a third party. GenuPro will provide Licensee with all relevant information available and known to GenuPro or PPD concerning the safety, handling, use, disposal and environmental effects of the GenuPro Compound or as may be useful to Licensee to conduct the Project, including but not limited to any communications with regulatory agencies. [*] Confidential treatment requested; certain information omitted and filed separately with the SEC.

  • Transfer of Units 10.3.1 Units may be transferred only in the manner described in Article 9.2. The transfer of any Units and the admission of any new Partner shall not constitute an amendment to this Agreement.

  • Transfer of Technology Upon AVENTIS' request, GENTA shall promptly disclose to AVENTIS such of the GENTA TECHNOLOGY as AVENTIS determines is reasonably necessary for AVENTIS to perform its obligations or exercise its rights under this AGREEMENT. The manner of such disclosure shall be as mutually determined by the Parties in good faith and shall be at no additional cost to AVENTIS.

  • Transfer of Landlord’s Interest Tenant acknowledges that Landlord has the right to transfer all or any portion of its interest in the Project or Building and in this Lease, and Tenant agrees that in the event of any such transfer, Landlord shall automatically be released from all liability under this Lease and Tenant agrees to look solely to such transferee for the performance of Landlord’s obligations hereunder after the date of transfer and such transferee shall be deemed to have fully assumed and be liable for all obligations of this Lease to be performed by Landlord, including the return of any Security Deposit, and Tenant shall attorn to such transferee.

  • Transfer of Membership Interest The Sole Member may Transfer any part or all of its rights and interest (including, but not limited to, its Capital Account) in the Company (each a “Membership Interest”) now owned or hereafter acquired to any Person, and the transferee of such Membership Interest shall become a Member of the Company.

  • Transfer of Loans The Assignment of Mortgage is in recordable form and is acceptable for recording under the laws of the jurisdiction in which the Mortgaged Property is located.

  • Transfer of Note Each provision of this Note shall be and ---------------- remain in full force and effect notwithstanding any negotiation or transfer hereof and any interest herein to any other Holder or participant.

  • Transfer of Letter of Credit The Letter of Credit may be transferred and assigned in accordance with the terms of the Letter of Credit.

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