Ownership Transfer Date definition

Ownership Transfer Date means the date when, as a result of the exercise by the Project Lenders of their rights under the Project Loans, a third party (other than one or more of the Project Lenders or their successors or an entity majority-owned or controlled by any of them) becomes the owner of a majority (at least 50.1%) of the issued Shares.
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Ownership Transfer Date means the day immediately subsequent to the Lease Expiry Date.
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Ownership Transfer Date means the first to occur of:
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Examples of Ownership Transfer Date in a sentence

  • Developer shall submit, on or before the Ownership Transfer Date, to Connecting Transmission Owner the Turnover Package which consists of the following documents: picture of equipment nameplate, equipment documentation, Vendor O&M manual, vendor drawings, QA/QC documents, installation commissioning, Engineer of Record Professional, Engineer certification, certificate of occupancy, “as built” color markup of design drawings, and warranties.

  • For the avoidance of doubt, such amounts shall remain with Seller as compensation for the transfer of the Acquired Assets as of the Ownership Transfer Date.

  • The Solar Service Company will maintain the Solar PV System in good and proper working order throughout the Maintenance Term and undertakes to perform the Maintenance Services with effect from the Ownership Transfer Date in consideration of payment by the Customer of the Monthly Service Fee as set out in Schedule 4.

  • The Solar Service Company shall provide [monthly] service level reports to the Customer beginning in the first month immediately following the Ownership Transfer Date.

  • In this case the outstanding total Monthly Service Fee shall be calculated based on the average Monthly Service Fee for the period from the Ownership Transfer Date to the date of termination under this Clause 24.1(b).

  • From the Ownership Transfer Date, the Customer shall retain all environmental, financial and tax incentives and benefits, as well as all other incentives and benefits associated with the ownership and operation of the Solar PV System and the generation and sale of its Energy Output.

  • The rights to any Environmental Attributes shall pass to the Customer from the Ownership Transfer Date.

  • In case of the Sales and Purchase Agreement will be not be signed before the Ownership Transfer Date due to the fault of the Seller referred here and after “Seller Breach”, the Seller must return all installments made under the Preliminary Sales Agreement and pay 5% interest per annum for each installment paid by the Buyer to the bank account specified by the Buyer.

  • As used herein, "Ownership Transfer Date" means the date of the closing of the transactions for the transfer by Smith Broadcasting Partners, L.P. ("SBP") to William S.

  • The First Effective Ownership Transfer Date and the Second Effective Ownership Transfer Date, or either of them.


More Definitions of Ownership Transfer Date

Ownership Transfer Date means date of death, before the Maturity Date, of the Policyholder (or the date of death of the last to die in the case of joint Policyholders);
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Ownership Transfer Date means the date of the closing of the transactions for the transfer by Smith Broadcasting Partners, L.P. ("SBP") to William S. Banowsky, Jr. xx XBP's ownership interest in one share of Xxxxx X Xxxxxx Xxxxx xx the Company.
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Ownership Transfer Date means the date specified by the Cabinet by notification in the Gazette to be the date of ownership transfer ∙
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Related to Ownership Transfer Date

  • Risk Transfer Date means the date when the risk of loss or damage to the Works passes from the Contractor to the Employer in accordance with sub Clauses 38.2 and 39.1.

  • Employee Transfer Date means in respect of any particular Transferring Employee the date on which the part of the Services to which they are assigned transfers from the Previous Contractor to the Contractor;

  • Reais Transfer Date means each Business Day of each calendar month following a Business Day when, as of the Balance Transfer Time for the Bond Administrator, there are available funds in the Collections Account for allocation in accordance with the Indenture.

  • Transfer Date means, in relation to a transfer, the later of:

  • the transfer date means 1 September 1989;

  • Service Transfer Date means the date of a Service Transfer;

  • Subsequent Transfer Date With respect to each Subsequent Transfer Instrument, the date on which the related Subsequent Mortgage Loans are sold to the Trust Fund.

  • Initial Transfer Date means the Series Issuance Date for the first Series of Securitization Bonds.

  • Power Transfer Distribution Factor or “PTDF” shall mean a measure of the responsiveness or change in electrical loadings on Transmission Facilities due to a change in electric power transfer from one area to another, expressed in percent (up to 100%) of the change in power transfer in the pre-contingency configuration of a system under study.

  • transfer day means Monday – Friday, to 7:00 p.m., Central Time. Holidays are not included.

  • Servicing Transfer Date The date on which a Servicing Transfer occurs.

  • Transfer Effective Date shall have the meaning set forth in each Commitment Transfer Supplement.

  • Relevant Transfer Date means, in relation to a Relevant Transfer, the date upon which the Relevant Transfer takes place;

  • Transfer Event means (i) a transfer of the ownership of a project, (ii) the sale or assignment of a partnership interest in a project owner and/or (iii) the refinancing of secured debt on a project. The following shall not be deemed a Transfer Event: (i) the transfer of the project or a partnership or membership interest in a project owner in which reserves remain with the project and the debt encumbering the project is not increased, refinanced or otherwise modified, (ii) the refinancing of project debt which does not increase the outstanding principal balance of the debt other than in the amount of the closing costs and fees paid to the project lender and third parties as transaction

  • Acquisition Period means the period ending five (5) business days prior to

  • Assumed Final Distribution Date The Distribution Date occurring in November 2035.

  • Non-Transfer Event means any event or other changes in circumstances other than a purported Transfer, including, without limitation, any change in the value of any Shares.

  • Investment End Date : means 11 November 2022, or if such day is not a Scheduled Trading Day, the following day which is a Scheduled Trading Day.

  • Distribution Effective Time has the meaning set forth in the Separation Agreement.

  • Defined Contribution Plan Fraction means a fraction, the numerator of which is the sum of the annual additions to a Participant’s accounts under all Defined Contribution Plans maintained by one or more Affiliated Companies, and the denominator of which is the sum of the lesser of (i) or (ii) for such Plan Year and for each prior Plan Year of Service with one or more Related Companies, where (i) is the product of 1.25 multiplied by the dollar limitation in effect under Section 415(c)(1)(A) of the Code for the Plan Year (determined without regard to Section 415(c)(6) of the Code), and (ii) is the product of 1.4 multiplied by the amount which may be taken into account under Section 415(c)(1)(B) of the Code (or Section 415(c)(7) of the Code, if applicable) with respect to the Participant for the Plan Year. Solely for purposes of this definition, contributions made directly by an Employee to a Defined Benefit Plan which maintains a qualified cost-of-living arrangement as such term is defined in Section 415(k)(2) shall be treated as Annual Additions. Notwithstanding the foregoing, the numerator of the Defined Contribution Plan Fraction shall be adjusted pursuant to Treasury Regulations 1.415-7(d)(1) and Questions T-6 and T-7 of Internal Revenue Service Notice 83-10.

  • Servicing Transfer Event means any of the events specified in the Servicing Agreement, whereby the servicing of the Mortgage Loan is required to be transferred to the Special Servicer from the Master Servicer.

  • Principal Transfer Amount For any Distribution Date and any Undercollateralized Group, the excess, if any, of the aggregate Class Principal Balance of the Class A Certificates related to such Undercollateralized Group over the aggregate Stated Principal Balance of the Mortgage Loans in such Group.

  • True-Up Date means the date which is forty-five (45) days after the latest to occur of the Termination Date of this Agreement, the Termination Date of the Commercial Agreement or disposition of all Assets pursuant to this Agreement or the Commercial Agreement.

  • Signaling Transfer Point (“STP”) means a signaling point that performs message routing functions and provides information for the routing of messages between signaling points within or between CCIS networks. A STP transmits, receives and processes CCIS messages.

  • Formation Date has the meaning set forth in the Recitals hereof.

  • Origination Date means, with respect to each Mortgage Loan, the date of the Mortgage Note relating to such Mortgage Loan, unless such information is not provided by the Borrower with respect to such Mortgage Loan, in which case the Origination Date shall be deemed to be the date that is 40 days prior to the date of the first payment under the Mortgage Note relating to such Mortgage Loan.