Examples of First Transfer in a sentence
We will transfer all the funds from the First Transfer Account, and the rest of the funds needed from the Second Transfer Account.
Any term of this Agreement to which effect is not given on the First Transfer Date or on any Transfer Date (including in particular, but without limitation, the liability of the Seller under the Representations and Warranties and the indemnity in Clause 7.7 and the provisions of Clause 4 (Sale and Purchase of New Portfolios)) shall not merge and shall remain in full force and effect notwithstanding the sale and purchase contemplated by this Agreement.
On or prior to the First Transfer Date, the Seller shall provide to the Managing GP and the Liquidation GP, each in their capacities as general partners of the Purchaser, and the Bond Trustee registrable powers of attorney of the Seller and the Originators as required by and in accordance with the CMHC Guide.
Upon completion of the First Transfer, the Target Company will become a non-wholly owned subsidiary of the Company, and the financial results of the Target Company will be consolidated into the financial statements of the Group.
Under the First Transfer, Qi Du is required to pay a consideration of not more than RMB27 million, which consists of approximately RMB12 million for the value of the Southern Plot and approximately RMB14 million for the value of the construction works carried out on the Southern Plot prior to the First Transfer (representing approximately 25% of the aggregate investment amount to be contributed by Xx Xx prior to the First Transfer).