Transfer to Parent Corporation. A transfer of any Offered Parcel ------------------------------ or Related Property to a parent corporation of Owner, as long as Xxxx X. Xxxxxxxxxxx (i) owns 75% of the stock in the parent corporation and (ii) has control of the management of the parent corporation and retains control of the management of Owner.
Appears in 4 contracts
Samples: Agreement for Sale of Real Estate (Discovery Investments Inc), Agreement for Sale of Real Estate (Discovery Investments Inc), Agreement for Sale of Real Estate (Discovery Investments Inc)
Transfer to Parent Corporation. A transfer of any Offered Parcel ------------------------------ or Related Property to a parent corporation of Owner, as long as Xxxx X. Xxxxxxxxxxx (i) owns 75% of the stock in the parent corporation -8- and (ii) has control of the management of the parent corporation and retains control of the management of Owner.
Appears in 1 contract
Samples: Agreement for Sale of Real Estate to Contract Dealer (Discovery Investments Inc)
Transfer to Parent Corporation. A transfer of any Offered Parcel ------------------------------ or Related Property to a parent corporation of Owner, as long as Xxxx X. Xxxxxxxxxxx (i) owns 75% of the stock in the parent corporation and (ii) has control of the management of the parent corporation and retains control of the management of Owner.
Appears in 1 contract
Samples: Agreement for Sale of Real Estate (Discovery Investments Inc)