TRANSFER TO FAMILY MEMBER Sample Clauses

TRANSFER TO FAMILY MEMBER. Any Partner may voluntarily assign, with or without consideration, all or any part of such Partner's interest in the Partnership to a Family Member provided such Family Member takes the interest subject to the restrictions set forth in this Agreement.
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TRANSFER TO FAMILY MEMBER. The Employee's transfer of any or all shares held subject to this Agreement (either during the Employee's lifetime or on death by will or intestacy) to such Employee's Immediate family, as herein defined, or to any custodian or trustee for the account of the Employee or his or her Immediate family. "Immediate family" as used herein shall mean spouse, lineal descendants, father, mother, or brother or sister of the Employee.
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TRANSFER TO FAMILY MEMBER. An individual may transfer his or her ------------------------- interest in Licensee or this Agreement to a member of his or her immediate family or to a corporation controlled by such individual, provided that the requirements set forth in paragraphs (a), (b), and (c) of Section 12.2 are met. No transfer fee shall be required for any such transfer.
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TRANSFER TO FAMILY MEMBER. The Consultant's transfer of ------------------------- any or all Vested Shares held subject to this Agreement (either during the Consultant's lifetime or on death by will or the laws of intestate succession) to such Consultant's immediate family or to any custodian or trustee for the account of the Consultant or his or her immediate family. "IMMEDIATE FAMILY" as ---------------- used herein shall mean spouse, lineal descendants, father, mother, or brother or sister of the Consultant.
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TRANSFER TO FAMILY MEMBER. The Optionee's transfer of any or all shares held subject to this Agreement to such Optionee's beneficial owners or any of their respective immediate family or to any custodian or trustee for the account of the beneficial owner or his or her immediate family. "Immediate family" as used herein shall mean spouse, lineal descendants, father, mother, or brother or sister of the beneficial owner.
Sample 1
TRANSFER TO FAMILY MEMBER. A transfer of the business or an ownership interest in Seller’s business to an immediate family member is not subject to Buyer’s right of first refusal. For purposes of this Paragraph, an immediate family member is limited to a spouse and/or a living child or living children or living grandchildren.
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TRANSFER TO FAMILY MEMBER. For the purposes of this Article, the restriction on transfer or assignment of a Membership Interest shall not apply to transfers or assignments to a Member's immediate family, including his or her spouse, parents, siblings, and children, or a trust, corporation, or other entity controlled by the transferring Member.
Sample 1
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TRANSFER TO FAMILY MEMBER. The prior written approval of Xxxxxx shall not be required for the sale, transfer or disposition ("Transfer") at death of Distributor's business or any ownership interest therein to a family member, provided that (1) such Transfer does not cause a substantial adverse financial effect on the business or operations of Distributor, and (2) upon such Transfer, Distributor shall have a Manager approved by Xxxxxx. Any subsequent change in control of Distributor's business, as defined in Section 5.3 below, shall require Xxxxxx'x prior written approval. The Transfer to a trust for the benefit of a family member shall be governed by Section 5.3
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Related to TRANSFER TO FAMILY MEMBER

  • Family Member Family member is defined as the employee’s spouse or same or opposite sex domestic partner, child, parent, grandparent, grandchild, sister, or brother. Family member also includes individuals in the following relationships with the employee’s spouse or domestic partner: child, parent and grandparent. “Child” also includes any child residing in the employee’s home through xxxxxx care, legal guardianship or custody. Family members include those persons in a “step” relationship.

  • Family Members Family Members shall mean, as applied to any individual, any parent, spouse, child, spouse of a child, brother or sister of the individual, and each trust created for the benefit of one or more of such Persons and each custodian of a property of one or more such Persons.

  • Immediate Family Immediate family includes husband, wife, child, stepchild, brother, brother-in-law, stepbrother, sister, sister-in-law, stepsister, grandmother, grandfather, grandchild, parent, stepparent, mother-in-law, father-in-law, or any person serving as a parent, or who has served as a parent, or any other close person living in the same household as the employee.

  • Immediate family or household (1) The entitlement to use carer’s leave and compassionate leave in accordance with this clause is subject to the person being either: (a) a member of the employee’s immediate family; or (b) a member of the employee’s household.

  • Permitted Transferee 28 Person ......................................................................................28

  • Death in the Immediate Family An allowance of up to five (5) days leave shall be granted. Immediate family shall be considered as father, mother, spouse, child, brother, sister, mother-in-law, father-in-law, and grandparents, or any member of the immediate household.

  • Beneficial Owner; Holder Prior to due presentment for registration of transfer of any Warrant, the Company and the Warrant Agent may deem and treat the person in whose name that Warrant shall be registered on the Warrant Register (the “Holder”) as the absolute owner of such Warrant for purposes of any exercise thereof, and for all other purposes, and neither the Company nor the Warrant Agent shall be affected by any notice to the contrary. Notwithstanding the foregoing, nothing herein shall prevent the Company, the Warrant Agent or any agent of the Company or the Warrant Agent from giving effect to any written certification, proxy or other authorization furnished by DTC governing the exercise of the rights of a holder of a beneficial interest in any Warrant. The rights of beneficial owners in a Warrant evidenced by the Global Certificate shall be exercised by the Holder or a Participant through the DTC system, except to the extent set forth herein or in the Global Certificate.

  • Disclosure of Beneficial Ownership (a) Without prejudice to the requirements of applicable law concerning disclosure of beneficial ownership of Shares, any Beneficial Owner (as defined below) of American Depositary Shares who becomes, or ceases to be, directly or indirectly the Beneficial Owner of more than five percent (5%) of all outstanding Shares (whether such interest is held in whole or in part through Receipts) shall, within five (5) days (excluding Saturdays, Sundays and legal holidays in any part of Japan) following such event, send written notice to the Issuer at its head office in Japan as specified in Section 7.5 containing the following information: (i) the name, address and nationality of such Beneficial Owner and all other persons by whom or on whose behalf such Shares have been acquired or are held; the number of American Depositary Shares and total Shares (including American Depositary Shares) beneficially owned directly or indirectly by such Beneficial Owner immediately before and immediately after the event requiring notification; the names and addresses of any persons other than the Depositary, the Custodian, or either of their nominees, through whom such beneficially owned Shares are held, or in whose name such Shares are registered in the Issuer’s transfer book, and the respective numbers of Shares beneficially held through each such person; the date or dates of acquisition of the beneficial interest in such Shares; and the number of any Shares; and the number of any Shares in which such Beneficial Owner has the right to acquire directly or indirectly beneficial ownership and material information as to such right(s) of acquisition; and (ii) the names, addresses and nationalities of any persons with whom such Beneficial Owner is acting as a partnership, limited partnership, syndicate or other group for the purpose of acquiring, holding, voting or disposing of a beneficial interest in Shares; and the number of Shares being acquired, held, voted or disposed of as a result of such association (being the total number held by such group). Any Beneficial Owner of more than five percent (5%) of all outstanding Shares shall promptly notify the Issuer as provided above of any material change in the information previously notified, including, without limitation, a change of more than one (1%) in the percentage of total Shares to which the beneficial ownership relates. As used herein, the term "Beneficial Owners" of Shares means a person who, directly or indirectly, through any contract, trust arrangement, understanding, relationship, or otherwise, has an interest in any Shares (other than the Depositary, Custodian or any of their nominees) which underlie any American Depositary Shares issued hereunder (including having the right to exercise or control the exercise of any right conferred by the holding of such Shares or the power to vote or to direct voting or the power to dispose or to direct disposition) and includes any owner of an American Depositary Share hereunder. (b) Without prejudice to the requirements of applicable law and the provisions of the Issuer’s Articles of Incorporation, any Beneficial Owner of Shares shall, if so requested in writing by the Issuer, provide such information with respect to the beneficial ownership of Shares (including not only Shares underlying American Depositary Shares, but also any other Shares in which such Beneficial Owner has an interest) by such Beneficial Owner as is requested by the Issuer. Such Beneficial Owner shall provide such information to the Issuer in writing the time specified by the Issuer.

  • Illness in the Immediate Family 10.1 A unit member may be granted up to four days’ absence per fiscal year with full pay because of serious illness in the immediate family of the unit member requiring the actual presence of that unit member.

  • Transferee Transfer Date (not earlier that the fifth Business Day after the date of delivery of the Transfer Certificate to the Agent):

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