Automatic Transfer definition
Examples of Automatic Transfer in a sentence
The Purchaser further agrees to deliver to the Company any such other documents as are necessary to effect the transfer of the Series A Preferred to the Company in connection with the Automatic Transfer.
Scopes included in EWA1 utilizing this procurement method include: • Backup Diesel Generator & Automatic Transfer Switch (ATS) • Electrical Switchboard The scopes listed above were advertised in the Portland DJC and Bend Bulletin on 2/14/24 to give notice to all qualified bidders.
This Agreement constitutes an irrevocable stock power and power of attorney of the Purchaser with respect to the Series A Preferred, and the Purchaser hereby irrevocably appoints each officer of the Company as its attorney-in-fact to cause the transfer of the Series A Preferred on the books and records of the Company, with full power of substitution and re-substitution in the premises, so as to effect the Automatic Transfer in accordance with the terms of the Series A COD.
These long lead items are as follows, and as more particularly described in this Amendment: • Submersible sewage pumps; • Switchboards; • Programable Logic Controllers (PLCs); • Automatic Transfer Switch (ATS), and; • Standby Power Generator.