Transfer of Project. (a) When the Feed-in Approval Holder transfers all rights, title and interests in the Project and the Site (including the Access Rights) to the Distribution Licensee (or its nominees) pursuant to section D.2.1 or D.2.2 of this Appendix D, the transfer shall (to the extent practicable) include all of the Feed-in Approval Xxxxxx’s right, title and interest in:
Transfer of Project. Property Owner shall be entitled to transfer any portion or all of the Real Property to a purchaser(s), subject to the following exceptions:
Transfer of Project. 26.3.1 The Operator shall provide to the Authority, 6 (six) months prior to the Transfer Date in the event of Termination, or completion by efflux of time or exit, as the case maybe and immediately in the event of either Party conveying to the other Party its intent to issue a Termination Notice, as the case may be, as much information and advice as is reasonably practicable regarding the proposed arrangements for operation of the Project following the Transfer Date. The Operator shall further provide such reasonable advice and assistance to the Authority, its Operator or agent as may be reasonably required for operation of the Project until the expiry of 6 (six) months after the Transfer Date.
Transfer of Project. Borrower shall not, without in each case obtaining Lender's prior written consent, (a) except for Approved Leases, sell or transfer, or further encumber, whether voluntarily, involuntarily or by operation of law, or contract to sell or transfer, the Project or any part thereof, directly or indirectly, including, but not limited to, by deed, installment sale, long-term lease or assignment of lease, or (b) sell or transfer or permit any Person to sell or transfer, whether voluntarily, involuntarily or by operation of law, directly or indirectly, any ownership interest in Borrower, provided that there may be transfers of limited partner interests in Borrower and Fairport Associates, L.P. so long as Cedar Operating Partnership (i) remains the owner, directly or indirectly, of at least 1% of the ownership interests in Borrower and (ii) controls the management of Borrower. Any consent given by Lender hereunder shall pertain only to the proposed transfer for which the consent was requested and shall not obligate Lender to approve any further transfers or relieve any Person of liability to pay thereon.
Transfer of Project. The Company may transfer this Agreement, or property to which this Agreement relates, if it obtains the prior approval, or subsequent ratification, of the County, which approval or ratification will not unreasonably be withheld. The County's prior approval or subsequent ratification may be evidenced by any one of the following, in the absolute and sole discretion of the County providing the approval or ratification: (i) a resolution passed by the County Council; or (ii) an ordinance passed by the County Council following three readings and a public hearing. That approval is not required in connection with financing-related transfers.
Transfer of Project. 28 6.7. BORROWER INDEBTEDNESS....................................................................................28 6.8. LEASES...................................................................................................28 6.9. MANAGEMENT AGREEMENTS....................................................................................29 6.10. PROPERTY, LIABILITY AND OTHER INSURANCE.................................................................30
Transfer of Project. Borrower shall sell, lease, convey, assign, pledge, encumber or transfer all or any portion of that part of the Project owned by it or any interest therein, voluntarily or involuntarily, whether by operation of law or otherwise, except (a) sales and transfers of items of Personalty which have become obsolete or worn beyond practical use and which have been replaced by adequate substitutes, owned by Borrower having a value equal to or greater than the replaced items when new; and (b) the grant, in the ordinary course of business, of a leasehold interest in a part of the Improvements to a tenant for occupancy, not containing a right or option to purchase and not in contravention of any provision of the Deed of Trust or other Loan Documents.
Transfer of Project. Developer shall be entitled to transfer any portion or all of its interest in the Real Property to a purchaser(s) and assign its rights and obligations under this Agreement, subject to the following exceptions:
Transfer of Project. Property1 The Grantee agrees that FRA may8 1! re)"ire the Grantee to transfer title to any property, e)"ipment, or s"pplies financed +ith FRA assistance made available by this Agreement, as permitted by /7 €.F.R. T 14.&((g! or /7 €.F.R. TT 17.&5 thro"gh 17.&< incl"sive, +hichever may be applicable. (! direct the disposition of property or e)"ipment financed +ith FRA assistance made available "nder this Agreement, as set forth by /7 €.F.R. TT 14.&1 and 14.&( or /7 €.F.R. TT 17.&5 thro"gh 17.&< incl"sive, +hichever may be applicable.
Transfer of Project. (a) Any change made in the ownership of the Project shall be void unless approved by the Borough Council, which approval shall not be unreasonably withheld, conditioned, or delayed. However, to facilitate a sale of the Project by the Entity to another qualified urban renewal entity organized under the Exemption Law as contemplated under Section 11, it is understood and agreed that the Borough, on written application by the transferor Entity, will not withhold its consent, provided the transferor Entity is not in default regarding any performance required of it hereunder, full compliance with N.J.S.A. 40A:20-1 et seq. has occurred, and the transferor Entity’s obligations under this Agreement are fully assumed by the transferee entity. Upon assumption, in form and content satisfactory to the Borough, by the transferee entity of the Entity’s obligations under this Agreement, the tax exemption granted under this Agreement shall continue to inure to the transferee entity, its respective successors or assigns as authorized by the Borough.
