Transfer of Venture Interest Sample Clauses

Transfer of Venture Interest. 43. A Member will not in any way alienate their interest in the Venture or its assets. Any such prohibited transfer, if attempted, will be void and without force or effect.
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Transfer of Venture Interest. 合资公司利益的转让
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Transfer of Venture Interest. (b) At any time by the non-defaulting party in the case of a willful and substantial breach of any material term of this Agreement, the Research Alliance Agreement, or the Preferred Seed Support Agreement where such breach has not been cured within the cure period set forth in such agreement or if none specified, then within 180 days of receipt by the defaulting party of a written notice of the breach from the non-defaulting party. If such breach occurs within ten (10) years of the anniversary of Closing, then the non-defaulting party shall be entitled to purchase the defaulting party's Venture Interest for the sum of one-dollar ($1.00). If the breach occurs after the tenth (10th) anniversary of Closing then non-defaulting party shall be entitled to purchase the defaulting party's Venture Interest for fair market value in accordance with the provisions at Section 9.7 Fair Market Value. (c) Action by either party that results in regulatory or court ordered dissolution of the Venture, but only at such time as the later of (i) the time limit for the filing of any stay, countersuit, appeal or appeals in respect of such dissolution having expired, or (ii) any final appeal against such dissolution having failed.
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Transfer of Venture Interest. 10.1. Should any party desire to transfer their interest in the Venture after the sixteenth year following Closing, they shall first give the other party notice of that desire more than twelve months prior to the sixteenth year and the parties shall meet and attempt to negotiate a transfer of the Venture Interest and negotiate in good faith for continuation of the Research Alliance or the Preferred Seed Support Agreement. If the parties are unable to successfully conclude such negotiations within ninety (90) days after such notice, the party desiring to sell their interest may do so by seeking a bona fide offer to purchase from a bona fide third party.
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Transfer of Venture Interest 
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Related to Transfer of Venture Interest

  • Transfer of Equity Interest Upon each exercise of the Option under this Agreement:

  • 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 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 Interest Amount The Transfer of the Interest Amount will be made on the second Local Business Day following the end of each calendar month and on any other Local Business Day on which Posted Collateral in the form of Cash is Transferred to the Pledgor pursuant to Paragraph 3(b); provided, however, that the obligation of Party B to Transfer any Interest Amount to Party A shall be limited to the extent that Party B has earned and received such funds and such funds are available to Party B.

  • Transfer of Membership Interests (a) The Member may transfer its Membership Interest, in whole but not in part, but the transferee shall not be admitted as a Member except in accordance with Section 6.07. Until the transferee is admitted as a Member, the Member shall continue to be the sole member of the Company (subject to Section 1.02) and to be entitled to exercise any rights or powers of a Member of the Company with respect to the Membership Interest transferred.

  • 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 Optioned Interests For each exercise of the Equity Interest Purchase Option:

  • Transfer of Acquired Assets At the Closing, Seller is transferring and shall transfer to Buyer, and the Transaction Agreements are effective to vest in Buyer, good, valid and indefeasible or marketable, fee simple or leasehold, as applicable, title to the Acquired Assets, free and clear of all Liens, other than Permitted Liens.

  • Residual Interest and Transfer of Interests 6 Section 3.1. The Residual Interest. 6

  • Certificate and Transfer of Interest 8 SECTION 3.1. Initial Ownership..................................................... 8 SECTION 3.2. The Certificate....................................................... 8 SECTION 3.3. Authentication of Certificate......................................... 8 SECTION 3.4. Registration of Transfer and Exchange of Certificate.................. 9 SECTION 3.5. Mutilated, Destroyed, Lost or Stolen Certificates..................... 9 SECTION 3.6.

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