Transfer of Management. On the appointment of a new General Partner to the Partnership upon the resignation or removal of the General Partner, the resigning or retiring General Partner shall do all things and take all steps to transfer the administration, management, control and operation of the Partnership and the books, records and accounts of the Partnership to the new General Partner and execute and deliver all deeds, certificates, declarations and other documents necessary or desirable to effect such transfer.
Transfer of Management. Upon any change of a general partner of the Limited Partnership, the replaced general partner shall do all things and shall take all steps to immediately and effectively transfer the management and operations, assets, books, records and accounts of the Limited Partnership to the new general partner, including the execution and delivery of all deeds, certificates, declarations of change and other documents whatsoever which may be necessary or desirable to effect such change and to convey all the assets of the Limited Partnership to the new general partner. All costs of such transfer shall be for the account of the Limited Partnership.
Transfer of Management. Upon the admission of a new general partner to the Partnership, the outgoing General Partner will do all things and take all steps to transfer immediately and effectively the administration, management, control and operation of the business of the Partnership and the books, records and accounts of the Partnership to the new general partner and will execute and deliver all other deeds, certificates, declarations and other documents reasonably necessary or desirable to effect this transfer.
Transfer of Management. Should owners wish to terminate our management service, they should refer to their property’s Title Deeds / Deed of Conditions, which normally outlines the procedure to be followed and the form, and period, of Notice to be given. Generally, a majority vote by owners, taken at a correctly convened meeting, is sufficient, however, there may be circumstances in which more than a simple majority is required. If a meeting of owners is required, as part of the termination procedure, the written Notice of Termination, must provide details of the date and venue of the owners meeting, the owners in attendance, and the decision of each owner voting. The Notice period required by the Deed should be stipulated, and in the absence of a specified period, 4 weeks’ Notice of Termination should be provided. If the Title Deeds are silent, regarding the termination procedure, all owners within the property covered by the Deeds must be advised, in writing, of the proposal to terminate our appointment as Factor and be given the opportunity to support, or object to, the proposal. If a simple majority supports termination, a mandate signed by those owners supporting termination, should be delivered to our office, again providing four weeks’ Notice of their intention to terminate our management services. Notice of Termination must be provided by owners, as outlined, and Notice of Termination cannot be managed by, and will not be accepted from, any incoming Factor. Information on the procedure to manage the transfer, or termination, of our management, will be provided to owners following receipt / issue of Notice of termination, including details in respect to the provision of owners’ personal information, contract and management information to any incoming Factor and the preparation and provision of final accounts. In the event that Xxxx & Xxxxxxx wish to terminate our management of a property, we will provide all owners with a minimum of 4 weeks’ written notice, of the termination date. Service, or utility supply, contracts entered into on behalf of co-proprietors, in our capacity as Factor, will normally be transferred to the new Factor. In circumstances where there is no incoming Factor, or they do not wish to adopt the existing contract, or where a utility, or service, contract is held in the name of Xxxx & Liddell, the contract will be terminated, to coincide with the date of termination of our appointment, as Factor. All contract costs up to the date of termination, togethe...
Transfer of Management. 3.1 Subject to the Anti-monopoly Committee granting approval or other confirmation that the Anti-monopoly Committee has no objection to such transfer of management, and subject as otherwise provided in this Agreement, PLD) shall have full power and
Transfer of Management. If Customer transfers away from Greystar Management, services will continue uninterrupted if the account is in good standing with Intelinet and has no past due balance. All services will continue through the term of this Agreement without interruption unless canceled in accordance with Section 8 and Section 9, if applicable. Property is required to email xxxxxxxxxx@xxxxxxxxxxxxxxxx.xxx with the new billing email address and phone number for services to continue.
Transfer of Management. The new general partner will execute a counterpart to this Agreement and will assume the obligations and have the sole right to exercise all the rights of the General Partner as and from the date of appointment. Action Required of Retiring General Partner
Transfer of Management. If the Exiting Member is a Manager, or if the property manager is an Affiliate of the Exiting Member, and if the Exiting Company Member is transferring all of its Membership Interest or is otherwise withdrawing from or being removed as a Manager, then the Exiting Member shall reasonably cooperate (and cause its Affiliates to reasonably cooperate) with the Acquiring Member in order to effect an orderly transition of management of the Project to the Acquiring Member or its designee and minimize any disruption to the ongoing operation of the Project.
Transfer of Management. The management of the Company shall be transferred to the Transferee as described below:
7.1 After the due diligence as provided in Article 6.3 is completed and the report thereof is accepted and immediately upon Closing as provided in Article 3. 1, the Transferors shall convene a special meeting of shareholders and shall transfer the management of the Company to the Transferee.
7.2 Transferors shall fully cooperate with the Transferee with respect to all procedures necessary for convening the meeting of shareholders including the Board of Directors' resolution and resignation of directors and auditors.
