Transfer Conditions definition

Transfer Conditions means financial conditions that have a value lower than fair and reasonable conditions, normally the cost of making the Access Rights available.

Transfer Conditions means all of the following:

Transfer Conditions means, with respect to any Asset Sale, (a) no Default shall have occurred and be continuing both immediately before and immediately after giving effect to such Asset Sale; (b) the Designated Company shall both immediately before and, on a Pro Forma Basis, immediately after giving effect to such Asset Sale, be in compliance with the Financial Performance Covenant, in each case as of the last day of the four consecutive fiscal quarter period of the Designated Company then last ended for which financial statements have been (and are required to have been) delivered under Section 5.01(a) or (b); and (c) such Asset Sale shall have been made for fair market value.

Examples of Transfer Conditions in a sentence

• Transfer Conditions: ● A participant may request a transfer of their participation at anytime after the earlier of the date on which the company receives the Total Project Amount or the deadline for submission of the participation Agreement.

• The Transfer Conditions shall be applicable to any subsequent transfer by the Funding Lender.

• For greater certainty, IJssel may incorporate the Foundation to certify any Ordinary Units owned by IJssel and subsequently transfer the depository receipts representing such Ordinary Units to the respective ultimate beneficial owners of IJssel listed in Schedule H, provided that prior to any such transfer the Foundation Transfer Conditions set out in Section 8.01 are met.

• Contract Holder’s Transfer Conditions, and please refer to Section XV.

• The Instructions shall direct Escrowee to record the Deed and deliver the same to Developer only upon the satisfaction of the Transfer Conditions; provided, however, that the Deed shall be returned to the City in the event that each of the Transfer Conditions have not been fulfilled within twenty- four (24) months after the approval of the final PUD for the initial phase of the Bluff Project.

More Definitions of Transfer Conditions

Transfer Conditions has the meaning set forth in section 14.1.

Transfer Conditions means, with respect to any Asset Sale, (a) no Default shall have occurred and be continuing both immediately before and immediately after giving effect to such Asset Sale; (b) both immediately before and, on a Pro Forma Basis (Leverage), immediately after giving effect to such Asset Sale, the Senior Secured Net Leverage Ratio shall not be greater than 3.50 to 1.00, in each case as of the last day of the four consecutive fiscal quarter period of the Designated Company then last ended for which financial statements have been (and are required to have been) delivered under Section 5.01(a) or (b); and (c) such Asset Sale shall have been made for fair market value.

Transfer Conditions mean that in connection with the transfer of the Transaction, (i) a Potential Event of Default, Event of Default or Additional Termination Event in respect of the Dealer shall not be in effect or result from such transfer or assignment and (ii) the transferee or assignee shall provide Counterparty with a complete and accurate U.S. Internal Revenue Service Form W-9 (or successor thereto) or W-8 (or successor thereto), as applicable, prior to becoming a party to the Transaction. In the case of a transfer or assignment by Counterparty of its rights and obligations hereunder and under the Agreement, in whole or in part (any such Options so transferred or assigned, the “Transfer Options”), to any party, withholding of such consent by Dealer shall not be considered unreasonable if such transfer or assignment does not meet the reasonable conditions that Dealer may impose including, but not limited, to the following conditions:

Transfer Conditions means conditions that have a value lower than favourable conditions, normally the cost of making the Access Rights available;

Transfer Conditions means that: (i) Counterparty shall have received a duly executed acceptance and assumption by the transferee of the obligations under this Transaction in a form satisfactory to Counterparty; (ii) Counterparty will not, as a result of the transfer, be required to pay the transferee on any payment date an amount under Section 2(d)(i)(4) of the Agreement greater than an amount in respect of which Counterparty would have been required to pay to Bank in the absence of the transfer and (B) Counterparty will not, as a result of the transfer, receive from the transferee on any payment date an amount (after taking into account any additional amount payable under Section 2(d)(i)(4) of the Agreement) less than the amount which Counterparty would have received from Bank in the absence of such transfer as a result of any deduction or withholding for or on account of any Tax (as such term is defined in the Agreement) under Section 2(d)(i); and (iii) an Event of Default, Potential Event of Default or Termination Event will not occur as a result of the transfer.

Transfer Conditions has the meaning set forth in Section 8.1(C).

Transfer Conditions means the conditions set out in paragraph 1 of Part 1 of Schedule 1, being the conditions precedent to the Acquired Business Transfers;