Transfers Permitted. In the event that Tenant wishes to sublet the premises or assign this Lease, in whole or in part, Tenant shall forthwith notify Landlord in writing of Tenant's desire to sublet the Premises or assign this Lease, including a summary of the proposed terms, or a copy of any offer, as the case may be. Landlord shall have fifteen (15) days within which to accept or reject said assignment or sublease. Any proposed sublease or assignment not specifically disapproved by Landlord, in writing and specifying all reasons for such disapproval and delivered to Tenant within said fifteen (15) days, shall be deemed approved. The foregoing limitation notwithstanding, Landlord acknowledges that Tenant is a wholly owned subsidiary of Rock Bottom Restaurants, Inc., the shares of which are publicly traded. Sales of stock via public trading shall not be deemed a "sale, transfer or other disposition" within the meaning of this Article 11. Further, Tenant may sublet all or any portion of the Leased Premises, or assign this Lease, to any corporation or other entity which is a subsidiary of, or fifty percent (50%) or more of whose shares are owned by Tenant or Rock Bottom Restaurants, Inc., without the consent of Landlord. In the event of such a transfer, Tenant will notify Landlord of the name, address and phone number of the sublessee or assignee. In addition, in the event of such a transfer, Tenant and Guarantor shall remain liable to Landlord under the terms of this Lease for the performance by the sublessee or assignee. Any assignment, subletting, mortgaging or hypothecation permitted hereunder or to which the Landlord has consented shall be by written instrument under which the assignee or sublessee shall agree for the benefit of Landlord to be bound by and to perform this Lease.
Transfers Permitted. Any Member may Transfer all, or any portion of, its Membership Interest to one or more Successors, subject to the prior written approval of the Commissioner and the approval of the majority of the Members. If the necessary approval is not received from the Commissioner and the majority of the Members then the transfer may not take place and the insurance coverage provided to the Successors will be terminated within 90 days of the change in ownership of the Member to the Successor.
Transfers Permitted. The Stockholder may sell, transfer, assign, pledge, or otherwise dispose of, or enter into any contract, option or other arrangement or understanding with respect to the sale, transfer, assignment or other disposition of, the Shares or any interest contained therein, free from obligations on the transferee, assignee, or pledgee under this Agreement; provided, however, the Stockholder shall not be released from its obligations under Section 1 to the extent that the Stockholder retains voting rights over such Shares.
Transfers Permitted. No transfer of contributions invested in an SSQ LIRA is permitted in consideration of the rules applicable to LIRAs, Alberta-LIRAs, Ontario- LIRAs, LRSPs and RLSPs according to applicable pension legislation, except if it is to permit the contractholder to transfer them to a plan in accordance with this legislation and the Income Tax Act (Canada), that is to one of the plans mentioned immediately hereafter: • a Registered Pension Plan (RPP) subject to the provisions set out under applicable pension legislation: in Newfoundland, and Labrador, in Nova Scotia, in New Brunswick, in Quebec, in Ontario, in British Columbia, in Manitoba, in Saskatchewan, and according to federal pension legislation; • a Supplemental Pension Plan (SPP) governed by an act emanating from a legislative authority other than the Parliament of Quebec and granting entitlement to a deferred pension: in Quebec; • an SPP established by an act emanating from the Parliament of Quebec or from another legislative authority: in Quebec; • the non-DC RIA portion of a plan on a locked-in basis: in Alberta; • a defined contribution retirement income account DC RIA: in Alberta; • another XXXX, Xxxxxxx-LIRA, Ontario-LIRA or LRSP: in Newfoundland and Labrador (LIRA), in Nova Scotia (LRSP), in New Brunswick (LIRA), in Quebec (LIRA), in Ontario (Ontario-LIRA), in Manitoba (LIRA), in Saskatchewan (LIRA), in Alberta (Alberta-LIRA), in British Columbia (LRSP), and according to federal pension legislation (LRSP) (non applicable if the assets are from an RLSP); • an RLSP: according to federal pension legislation (applicable only to RLSPs); • an RLIF: according to federal pension legislation; • an LRIF: in Newfoundland and Labrador; • an LIF: in Newfoundland and Labrador, in Nova Scotia, in New Brunswick, in Quebec, in Ontario, in Manitoba, in Alberta, in British Columbia, and according to federal pension legislation (non applicable if the assets are from an RLSP); • an PRRIF: in Saskatchewan; • a life annuity contract that meets the requirements of applicable pension legislation and of the Income Tax Act (Canada): in Newfoundland and Labrador, in Nova Scotia, in New Brunswick, in Quebec, in Ontario, in Manitoba, in Saskatchewan, in Alberta, in British Columbia, and according to federal pension legislation; • any other plan or vehicle authorized under applicable pension legislation: in Newfoundland and Labrador, in Nova Scotia, in New Brunswick, in Quebec, in Ontario, in Manitoba, in Saskatchewan, in Alberta, ...
Transfers Permitted. By giving written notice to the Company, a Holder may assign the right to require the Company to Register Registrable Securities under this Agreement to any transferee in connection with a transfer of Securities or Registrable Securities by the Holder upon complying with all of the provisions of this Article 10, unless the Company waives such compliance in its discretion.
Transfers Permitted. Members shall be permitted to Transfer all or any part of a Membership Interest to any Person without consent from other Members.
Transfers Permitted. Each Partner may transfer its Interest without the consent of any other Partner.
Transfers Permitted. Nothing in this Agreement shall be deemed to prohibit, restrict or in any way limit Stockholder's right to Transfer any securities of the Parent beneficially owned by Stockholder.
Transfers Permitted. Subject to the terms of the -------------------- Subordination Agreement, Lender may make a Transfer to any Person provided that such Transfer is made in compliance with the Act and any applicable state securities laws. Borrower shall cooperate in connection with any such Transfer. Upon any Transfer, the transferee shall, to the extent of such Transfer, be entitled to exercise the rights of the Lender making such Transfer and shall thereafter be deemed a "Lender" under this Agreement. Any Transfer that does not comply with the provisions of this Section 6.1 shall be void.
Transfers Permitted. On 30 days advance written notice to DBED, Tax Credits allocated to a Purchaser under this Agreement may be transferred without further restriction to any other entity that:
(a) meets the definition of “Purchaser” under this Agreement, and
(b) is in good standing with the Maryland Insurance Administration.
