Transferred Properties Sample Clauses
Transferred Properties. 4.2.1 The Transferred Leased Properties and the Transferred Owned Properties are the only material freehold, leasehold or other immovable property in any part of the world owned or occupied by the Target Group Business for the purpose of research and development, production or manufacturing facilities.
4.2.2 Each of the Transferred Properties is used and occupied for the purposes of the Seller’s Contributed Business.
4.2.3 A member of the Seller’s Group is solely legally and beneficially entitled to such Transferred Property.
4.2.4 No person has or will have any right to possession, occupation or use of such Transferred Property in a manner that has or will have a material adverse effect on the use of, or operations at, such Transferred Property.
4.2.5 There are no mortgages or charges affecting any of the Transferred Properties other than those registered in the relevant Land Register.
4.2.6 There are no material outstanding disputes, actions, claims or demands in respect of any Transferred Property, nor has the Seller or any member of the Seller’s Group received any notice threatening the same.
4.2.7 In respect of each Transferred Leased Property, all material covenants and conditions contained in the Lease have been observed and performed to date.
Transferred Properties. See Section 2.1.
Transferred Properties. With respect to the New Member, “Transferred Properties” shall mean the Contributed Denver Property Interests pursuant to the applicable Contribution Agreement.
Transferred Properties. Each of the Sellers hereby sells, grants, conveys, transfers and assigns to the Buyer, and Buyer hereby purchases, acquires and receives, all right, title and interest of such Seller in and to the following assets, but excluding any Excluded Items described in Section 2.2 (collectively the “Transferred Properties”).
Transferred Properties. The “Transferred Properties” shall include the Xxxxx Subsequent Properties.
Transferred Properties. The definition of “Transferred Properties” contained in Article I is hereby deleted and replaced with the following:
Transferred Properties. It is agreed that all questions between the Commonwealth and the States relating to State properties transferred to the Commonwealth or acquired by the Commonwealth under section 85 of the Constitution shall be settled as follows: — The State will as from 1st July, 1929, and as between the Commonwealth and the States be completely free and discharged from all liability whether in respect of principal, interest or sinking fund, or otherwise, which liability shall be assumed by the Commonwealth in respect of so much of the public debts of the States bearing interest at the rate of 5 per centum per annum, taken over by the Commonwealth as aforesaid as amounts to the agreed value of transferred properties, namely, £10,924,323, apportioned to the several States as follows: — £ New South Wales . . . . . . . . . . . . . . . . 4,788,005 Victoria . . . . . . . . . . . . . . . . . . . . . . . . 2,302,862 Queensland . . . . . . . . . . . . . . . . . . . . . 1,560,639 South Australia . . . . . . . . . . . . . . . . . . 1,035,631 Western Australia . . . . . . . . . . . . . . . . 736,432
Transferred Properties. The Commonwealth will in each of the said two years pay to each State interest at the rate of 5 per centum per annum on the agreed value of transferred properties in the State, such value being in the case of each State as follows: — £ New South Wales . . . . . . . . . . . . . . . . 4,788,005 Victoria . . . . . . . . . . . . . . . . . . . . . . . . 2,302,862 Queensland . . . . . . . . . . . . . . . . . . . . . 1,560,639 South Australia . . . . . . . . . . . . . . . . . . 1,035,631 Western Australia . . . . . . . . . . . . . . . . 736,432 Tasmania . . . . . . . . . . . . . . . . . . . . . . . 500,754 —————
Transferred Properties. See Section 2.1. Transition Permit. See Section 6.3(a).
Transferred Properties. It is agreed that all questions between the Commonwealth and the States relating to State properties transferred to the Commonwealth or acquired by the Commonwealth under section 85 of the Constitution shall be settled as follows:—