Examples of Permitted Asset Transfer in a sentence
Section 4.16 of the Base Indenture requires EFH Corp., the Company and the Trustee to enter into this Supplemental Indenture in connection with a consummation of the Permitted Asset Transfer Transaction, whereby the Company shall assume the obligations of EFH Corp.
For the purpose of review, the Audit Committee, shall be provided with all relevant material information of the RPT, including the terms of the transaction, the business purpose of the transaction, the benefits to the Company and to the Related Party, and any other relevant matters;d.
Section 9.01(15) of the Base Indenture is hereby amended and restated in its entirety as follows: “amend this Indenture in the manner set forth in the Permitted Transfer Supplemental Indenture to be entered into in connection with the consummation of a Permitted Asset Transfer in the manner set forth in Section 4.16 hereof; or”.
Although approximately 50-60 applications were made annually, only a few were successful.
The foregoing restriction on Tenant’s ability to assign or sublet this Lease shall include any assignment or sublease as a result of or in connection with a Permitted Asset Transfer or a Permitted Change of Control.