Examples of Third Party Transferee in a sentence
Further, the Third Party Transferee must agree in writing to be bound by the terms of this Agreement before or at the time of the transfer.
If the transfer to the Third Party Transferee is not completed within sixty (60) days after the expiration of the other Owners' 30-day option period, then the authorization under this Agreement for such transfer shall be deemed withdrawn as if no such transfer had been contemplated and no notice had been given.
If the other Owners do not validly exercise their option to buy all of the Offered Units within the 30-day period, then any remaining Offered Units may be transferred to the Third Party Transferee.
The notice must describe the nature and details of the Involuntary Lifetime Disposition, and must state the name of the party (the "Third Party Transferee").
The proposed Wind-down Rule would address the expected transfer of NSCC’s membership to the Transferee, which NSCC would seek to effectuate by entering into an arrangement with a Failover Transferee, or by using commercially reasonable efforts to enter into such an arrangement with a Third Party Transferee.