Line Transfer definition

Line Transfer means, for each Product, the completion of the transfer of the respective Dedicated Production Equipment out of the Production Site; an indicative Line Transfer timeline (as per planning on the Effective Date) is attached hereto in Schedule 6;
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Line Transfer means, with respect to any production line used to manufacture the Products at the Raynham Facility, the time and date, as mutually agreed by Seller and Buyer in good faith, that Seller and its Affiliates shall fully terminate the operation by Seller and its Affiliates of such production line.
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Examples of Line Transfer in a sentence

  • Except for Borrower’s membership interests in the Project Companies or each Project Company’s acquisition of membership interests in the Gen Lead Company in connection with a Permitted Transmission Line Transfer, Borrower shall not (nor shall Borrower allow any Project Company to) become a general or limited partner in any partnership, a joint venturer in any joint venture or a member in any limited liability company.

  • No Project Company shall form or acquire any subsidiaries other than in connection with a Permitted Transmission Line Transfer.

  • Novartis shall procure that before the Innova Line Seller completes any Innova Line Transfer to the Third Party Purchaser, the Innova Line Seller shall first give the Innova Line Offeree notice of the proposed Innova Line Transfer (an Innova Line Right of Last Look Notice), which shall include the purchase price and fully described terms and conditions of the proposed Innova Line Transfer and the identity of the Third Party Purchaser.

  • Novartis and Alcon shall procure that the Innova Line Offeree shall be bound to buy (and the Innova Line Seller shall be bound to sell) the Innova Line on giving the Innova Line Seller notice that it is exercising its right under Clause 21.11 (Innova Line Transfer Completion).

  • A “Loan Sweep Transfer Fee” will be charged to Borrower’s Checking Account for each Loan Sweep Transfer and may appear as a “Credit Line Transfer Fee”, “Loan Sweep Transfer Fee” or “Immediate Service Fee” on the Borrower’s Checking Account statement.

  • Except as expressly set forth above in this Section 6.1(b), a Product Line Transfer or Affiliate Spin Off shall not affect the licenses, immunities and other rights granted to a Party that is subject to a Product Line Transfer or Affiliate Spin Off.

  • In no event shall any license, immunities and other rights following such Product Line Transfer or Affiliate Spin Off apply to or cover any such Purchaser Products, subject to the following provisions of this Section 6.1(b).

  • To back fill the vacated Line Transfer position, Article 15.03 will apply.

  • Each of the Parties agrees to use commercially reasonable efforts to minimize disruption to ongoing manufacturing activities at the Facility (including those manufacturing activities that are the subject of the FMC/Spectrum Obligations) while any Product Line Transfer is in process.

  • If the XcelaSAN product line of Seller is transferred, as a Product Line Transfer (such transfer, the “First XcelaSAN Transfer”), then the Permitted Transferee in such First XcelaSAN Transfer shall be allowed to transfer the Seller License with respect to such XcelaSAN product line once and only to the purchaser of all or substantially all of the assets of the XcelaSAN product line (such purchaser, the “Second XcelaSAN Transferee”).

Related to Line Transfer

  • Transfer facility means any transportation related facility including loading docks, parking areas, storage areas and other similar areas where shipments of hazardous waste are held during the normal course of transportation.

  • credit transfer means a payment service for crediting a payee’s payment account with a payment transaction or a series of payment transactions from a payer’s payment account by the payment service provider which holds the payer’s payment account, based on an instruction given by the payer;

  • Title Transfer as herein used means transfer of ownership reported in the records of Carrier of a stated quantity of Petroleum in the custody of Carrier from one entity to another.

  • Swing Line Loan Participation Certificate a certificate substantially in the form of Exhibit H.

  • Fannie Mae Transfer As defined in Section 13 hereof.