CONDITIONS TO TRANSFER definition

CONDITIONS TO TRANSFER. The transfer (whether by means of an assignment, sublease or other voluntary or involuntary transfer or encumbrance) or all or any part of Lessee's interest in this Lease is subject to the following conditions, in addition to the above requirements for Lessor's consent (i) all rent received by Lessee from a sublessee or assignee in excess of the rent payable by Lessee to Lessor under this Lease shall be paid to Lessor; (ii) any sum, bonus or premium paid by an assignee to Lessee in consideration (directly or indirectly) of the assignment of this Lease shall be paid to Lessor; and (iii) the rent payable under this Lease shall be subject to readjustment by Lessor to the then fair market rental for the Premises, if greater than the stated rent under this Lease.
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Examples of CONDITIONS TO TRANSFER in a sentence

  • THE HOLDER OF THIS SECURITY ACKNOWLEDGES THAT THE COMPANY RESERVES THE RIGHT PRIOR TO ANY OFFER, SALE OR OTHER TRANSFER (1) PURSUANT TO CLAUSE (IV) PRIOR TO THE RESALE RESTRICTION TERMINATION DATE TO REQUIRE THE DELIVERY OF AN OPINION OF COUNSEL, CERTIFICATIONS OR OTHER INFORMATION SATISFACTORY TO THE COMPANY AND (2) IN EACH OF THE FOREGOING CASES, TO REQUIRE THAT A CERTIFICATE AS TO COMPLIANCE WITH CERTAIN CONDITIONS TO TRANSFER IS COMPLETED AND DELIVERED BY THE TRANSFEROR TO THE COMPANY.

  • THIS CERTIFICATE HAS NOT BEEN REGISTERED UNDER THE SECURITIES ACT OR ANY APPLICABLE STATE SECURITIES LAW OF ANY STATE AND MAY NOT BE OFFERED, SOLD, PLEDGED OR OTHERWISE TRANSFERRED UNLESS REGISTERED PURSUANT TO OR EXEMPT FROM REGISTRATION UNDER THE SECURITIES ACT AND ANY OTHER APPLICABLE SECURITIES LAW AND THE ADDITIONAL CONDITIONS TO TRANSFER SPECIFIED IN THE AGREEMENT REFERRED TO BELOW SHALL HAVE BEEN SATISFIED.

  • THE COMPANY RESERVES THE RIGHT TO REFUSE THE TRANSFER OF THE SHARES REPRESENTED BY THIS CERTIFICATE UNLESS AND UNTIL ALL CONDITIONS TO TRANSFER SET FORTH IN THE INVESTOR RIGHTS AGREEMENT AND THE CERTIFICATE OF INCORPORATION HAVE BEEN FULFILLED.

  • AND (B) IN EACH OF THE FOREGOING CASES, TO REQUIRE THAT A CERTIFICATE AS TO COMPLIANCE WITH CERTAIN CONDITIONS TO TRANSFER IS COMPLETED AND DELIVERED BY THE TRANSFEROR TO CENTERPOINT ENERGY RESOURCES CORP.

  • NO TRANSFER OF THESE SECURITIES WILL BE VALID UNLESS THE CONDITIONS TO TRANSFER CONTAINED IN THE STOCKHOLDERS’ AGREEMENT HAVE BEEN SATISFIED.

  • THE CORPORATION RESERVES THE RIGHT TO REFUSE TO TRANSFER THE SHARES REPRESENTED BY THIS CERTIFICATE UNLESS AND UNTIL THE CONDITIONS TO TRANSFER SET FORTH IN SUCH STOCKHOLDERS AGREEMENT HAVE BEEN FULFILLED.

  • THESE CONDITIONS TO TRANSFER SHALL TERMINATE ON THE 180TH DAY FOLLOWING THE EFFECTIVE DATE OF THE COMPANY'S INITIAL PUBLIC OFFERING.

  • A TRANSFEREE OF THIS SECURITY MAY BECOME ENTITLED TO THE BENEFITS OF SUCH AGREEMENTS SUBJECT TO COMPLIANCE WITH THE CONDITIONS TO TRANSFER SET FORTH THEREIN.

  • Aon Corporation By: [Name]: [Title]: COMPLIANCE WITH CERTAIN CONDITIONS TO TRANSFER IS COMPLETED AND DELIVERED BY THE TRANSFEROR TO THE COMPANY.

  • THE ISSUER RESERVES THE RIGHT TO REFUSE TO TRANSFER THE SHARES REPRESENTED BY THIS CERTIFICATE UNLESS AND UNTIL THE CONDITIONS TO TRANSFER SET FORTH IN SUCH AGREEMENT HAVE BEEN FULFILLED.