Examples of Interim Transfer in a sentence
All parties to the Data Transfer Order, including the GIA, the MFGI Trustee, MSCL, OTPP, and NB, were provided notice in advance of both the First Interim Transfer and the Second Interim Transfer.
The Liquidator issued a letter to the GIA (copying the DTO Stakeholders) accompanying the hard drive associated with the First Interim Transfer, a copy of which is appended hereto as Appendix E.
The Liquidator issued a letter to the GIA (copying the DTO Stakeholders) accompanying the hard drive associated with the Second Interim Transfer, a copy of which is appended hereto as Appendix F.
Following the Interim Transfer, the Interim Owner Entity intends to convert the Project under the Rental Assistance Demonstration ("RAD") program by transferring it to a new limited partnership, which transfer and conversion shall be subject to a separate HUD approval process under the RAD program.
The Interim Transfer Cask (ITC), the main part of the Technical Equipment Set (TES) which was used to remove the irradiated core from the reactor vessel was designed and fabricated by SOSNY R&D Company of Russian Federation.The GAEC submitted required documents such as Conversion Safety Analysis Report (CSAR), equipment and fuel package Safety Analysis Reports (SARs) to the NRA and provided responses to requests for additional information.
The Interim Transfer is anticipated to occur approximately one week before the financial closing date for the Project (the “Financial Closing”), and HUD has indicated that accomplishing the Interim Transfer through a private ownership entity such as a limited liability company, rather than through the Authority, will allow for a more streamlined approval process through HUD.
HUD has authorized the Interim Transfer in accordance with that certain letter from to re Transfer of Ownership, Aliso Village Phase I, CA004000222, dated , 2020.
Following the transfer of the Project to the Interim Owner Entity (the "Interim Transfer"), the Authority shall continue to own the land pursuant to the Ground Lease (as defined in that certain Declaration of Trust and Partial Release of Prior Declaration of Trust - Aliso Village Apartments - Phase I Rental recorded in the Official Records of the County of Los Angeles under Instrument Number 2002-0616754).
This Interim Transfer would also serve to secure the Vendors’ performance of their obligations under the SPA to compensate the Purchaser in the event of a termination due to the default of the Vendors.
Immediately before the Interim Transfer, the current administrative general partner, an affiliate of the for-profit Related Companies of California, will withdraw from the Transferor to ensure that the Project qualifies for an exception to the "10-year hold" requirement under acquisition tax credit rules applicable to nonprofits and public agencies.