Initial Transfer definition

Initial Transfer means the transfer of a Surrendered or newly issued Medallion by the SFMTA to a Transferee under the Medallion Transfer Program, or the transfer of a Medallion to a Transferee under the former Taxi Medallion Sales Pilot Program.

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Initial Transfer means the first Transfer made pursuant to the Sale and Contribution Agreement.

Initial Transfer means the initial Transfer made by the Transferor hereunder.

Examples of Initial Transfer in a sentence

• The Initial Transfer hereunder is subject to the conditions precedent that the Company shall have received on or before the Initial Transfer Date each of the items listed in Schedule I, each (unless otherwise indicated) dated such date, in form and substance satisfactory to the Company.

• From and after each Initial Transfer Date or Sale Date, as applicable, the contents of each Mortgage File not delivered to the Owner or held by the Custodian shall be held in trust by the Servicer for the benefit of the Owner as the owner thereof.

• No consent, approval, authorization or order of any court or governmental agency or body is required for the execution, delivery and performance by the Servicer of or compliance by the Servicer with this Agreement, or if required, such approval has been obtained prior to the respective Initial Transfer Date or Sale Date.

• As of the Initial Transfer Date and as of any Subsequent Transfer Date, as applicable, the Seller makes the following representations and warranties on which the Issuer has relied and will rely in acquiring Transferred Intangible Transition Property.

• The Seller is the sole owner of the Intangible Transition Property being sold to the Issuer on the Initial Transfer Date or Subsequent Transfer Date, as applicable; the Transferred Intangible Transition Property has been validly transferred and sold to the Issuer free and clear of all Liens other than Liens created by the Issuer pursuant to the Indenture.

More Definitions of Initial Transfer

Initial Transfer has the meaning set forth in Section 5.3.

Initial Transfer means a sale and assignment of a Parent Payment Obligation and the related Receivable from the Supplier to the Platform Provider through the SCF Platform.

Initial Transfer shall have the meaning set forth in Section 5.02(b)(i).

Initial Transfer. With respect to a Senior Note or Privately Offered Note, the initial transfer of such Senior Note or Privately Offered Note (other than a pledge of such Senior Note or Privately Offered Note to secure indebtedness or the transfer of such Senior Note or Privately Offered Note pursuant to a repurchase agreement treated as secured indebtedness for federal income tax purposes) by a REIT which is the owner, directly or through one or more QRSs or disregarded entities of 100% of all Certificates and all Senior Notes and Privately Offered Notes other than those with respect to which a Tax Transfer Certificate or “will be debt” opinion previously was furnished to the Securities Administrator, in connection with which a Tax Transfer Certificate or “will be debt” opinion is furnished to the Securities Administrator; provided, that, if a REIT which is the owner, directly or through one or more QRSs or entities disregarded as entities separate from such REIT or QRSs, of 100% of all Certificates and all Senior Notes and Privately Offered Notes other than those with respect to which a Tax Transfer Certificate or “will be debt” opinion previously was furnished to the Securities Administrator reacquires any such Senior Note or Privately Offered Note, then the initial transfer of such Senior Note or Privately Offered Note by such REIT after such reacquisition shall be treated as an Initial Transfer requiring a new Tax Transfer Certificate or “will be debt” opinion and not as a Subsequent Transfer; provided, further, for the avoidance of doubt, that if Notes are transferred to any Person in a transfer with respect to which a certificate substantially in the form of Exhibit F hereto is required to be delivered to the Securities Administrator and certain other parties, then (1) such transfer of such Notes to such Person shall not be treated as an Initial Transfer or a Subsequent Transfer and (2) the initial transfer of any Senior Note or Privately Offered Note (other than a pledge of such Senior Note or Privately Offered Note to secure indebtedness or the transfer of such Senior Note or Privately Offered Note pursuant to a repurchase agreement treated as secured indebtedness for federal income tax purposes) by such Person shall be treated as an Initial Transfer requiring a new Tax Transfer Certificate or “will be debt” opinion and not as a Subsequent Transfer.

Initial Transfer. As defined in Section 2.06(d) hereof.

Initial Transfer is defined in Section 3.3.

Initial Transfer has the meaning given to it in the Share Purchase Agreement.