Transfer of Interest definition

Transfer of Interest means the transfer to a Utility by a Party of its interest as an Owner in accordance with this Agreement.”
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Transfer of Interest any legal operation which leads to the transfer between the Parties or to any entity other than a Party of all or part of the rights and obligations arising under the Contract.
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Transfer of Interest. Either party may transfer the whole or part of its interest in this Agreement to any third party.
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Examples of Transfer of Interest in a sentence

  • OK Transfer of Interest (Funds 10 thru 90 - Acct 7140 - Cells C30:K30), must equal (Funds 10 thru 60, & 80 - Acct 8140 - Cells C53:H53, J53).

  • OK Transfer of Interest (Funds 10 thru 90 ‐ Acct 7140 ‐ Cells C30:K30), must equal (Funds 10 thru 60, & 80 ‐ Acct 8140 ‐ Cells C53:H53, J53).

  • Endorsement 14: Transfer of Interest In consideration of the additional premium that You paid Us for this endorsement, We agree to transfer the interest in this Policy on [state date] to[state name of transferee and NRIC No. / Business Registration No.] of [state address] carrying on or engaging in the business or profession ofwhose proposal and declaration dated [state date] shall be the basis of this contract.

  • The Transfer of Interest Amount will be made monthly on the second Business Day of each calendar month.

  • Transfer of Interest (Funds 10 thru 90 - Acct 7140 - Cells C30:K30), must equal (Funds 10 thru 60, & 80 - Acct 8140 - Cells C53:H53, J53).

  • This provision should not be interpreted to permit any other Transfer, reorganization or change of Control as contemplated in Sections 11(A) (Transfer of Interest) and 11(B) (Transfer of Control of Stock) of this Franchise Agreement.

  • Endorsement 14: Transfer of Interest In consideration of the additional premium that You paid Us for this endorsement, We agree to transfer the interest in this Policy on [state date] to [state name of transferee and NRIC No. / Business Registration No.] of [state address] carrying on or engaging in the business or profession of whose proposal and declaration dated [state date] shall be the basis of this contract.

  • Endorsement 14: Transfer of Interest In consideration of the additional premium that You paid Us for this endorsement, We agree to transfer the interest in this Policy on [state date] to [state name of transferee and NRIC no.

  • The Parties shall promptly undertake all reasonable actions necessary to secure those approvals and shall execute and deliver all documents necessary to effectuate that Transfer of Interest.

  • All costs attributable to a Transfer of Interest are the sole obligation of the assigning Party.


More Definitions of Transfer of Interest

Transfer of Interest means (a) any conveyance, assignment, transfer, exchange or other disposition of all or substantially all of the assets of Align and its controlled Affiliates as a whole or (b) a Change of Control of Align.
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Transfer of Interest has the meaning ascribed to it in Article 13.2.1 (Assignment by Producer).
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Transfer of Interest. All coverage provided by us will terminate upon the sale, assignment, transfer or pledge of the Insured Vessel or of this policy unless prior written consent has been obtained from us.
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Transfer of Interest. Each party has the right from time to time to transfer all or part of its Participation Interest with the consent of the other parties, except with respect to transfers to Affiliates. The Indirect Participation Interest (“IPI”) shall entitle PNGEI to Distributions in accordance with its IPI Percentage at the time of any Distribution. InterOil or its nominated Affiliate shall make quarterly Distribution payments to PNGEI as soon as is reasonably practical. PNGEI will have the right to have the information audited by itself or a qualified agent. Distributions to PNGEI in accordance with its IPI shall be calculated as follows: + Any and all proceeds associated with the Participation Area, including (if applicable) any and all funds borrowed using as security the rights to the Participation Area, but not used for expenditures related to the Participation Area - Operator’s Direct Charges, calculated in accordance with the Accounting Procedures in the JVOA, and including InterOils actual direct costs to produce, stabilize, separate, transport and sell Petroleum, including repayment of any and all borrowings (principal interest, and fees etc.) secured by the rights to the Participation Area - Operator’s Indirect Charges, calculated in accordance with the Accounting Procedures in the JVOA, including transportation costs, and third party costs, insurances, etc - US$0.45 per barrel infrastructure fee for Petroleum produced and transported to InterOil’s Refinery or Marine Terminal - State royalties and other State imposts and levies of whatever kind including income tax, value added or goods and services taxes or dividend withholding taxes (providing that InterOil and PNGEI shall cooperate to ensure the correct amounts are paid for each parties respective interest) = Sub-total x PNGEI’sIPI% = PNGEI’s Sub-total - Non-Consent Penalty outstanding, (if any) - PNGEI’s IPI% share of Abandonment Security funding (if any) = Distribution to PNGEI As of the day of 20 (the “Offer of Participation Notice Date”), InterOil Corp. (“InterOil”), in accordance with the Amended Indirect Participation Interest Agreement dated May 12, 2004 (the “Amended IPI Agreement”), hereby gives notice to PNG Energy Investors, LLC (“PNGEI”) that InterOil will perform drilling operations on a reasonable commercial efforts basis in accordance with the enclosed Drilling Program for [Name of Election Well], exploration well # [ ] (the “Election Well”). PNGEI may purchase an Indirect Participation Interes...
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Transfer of Interest means that (a) any person, entity or -------------------- group (within the meaning of Section 13(d)(3) or 14(d)(2) of the Securities Exchange Act of 1934, as amended), as if the Company were a public company, acquires on or after January 1, 1999, as beneficial owner, directly or indirectly, other than pursuant to the Plan or the Company's 1998 Stock Option Plan, any securities of the Company (whether then-outstanding or newly-issued), (b) a sale, lease, exchange or transfer of all or substantially all of the Company's assets has occurred, (c) the Company directly or indirectly redeems or otherwise acquires any of its then-outstanding securities or (d) the Company's directors and/or stockholders approve, implement or attempt to implement a transaction (including, without limitation, any plan of reorganization, merger, consolidation or liquidation) which has or may have the effect of transferring (i) any right to control some or all of the material business operations of the Company or (ii) any material economic participation right in the business operations of the Company, in each case to any person or entity other than the Existing Stockholders, the Participants and/or persons participating in the Company's 1998 Stock Option Plan.
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Related to Transfer of Interest

  • Transfer of ownership Includes, but is not limited to, the conveyance of a Mortgaged Property, whether legal or equitable, voluntary or involuntary, by any of the following methods:

  • transfer of funds means any transaction at least partially carried out by electronic means on behalf of a payer through a payment service provider, with a view to making funds available to a payee through a payment service provider, irrespective of whether the payer and the payee are the same person and irrespective of whether the payment service provider of the payer and that of the payee are one and the same, including:

  • Transfer of Technology means dissemination and transfer of all forms of commercially usable knowledge such as transfer of know-how, skills, technical expertise, designs, processes and procedures, trade secrets, which enables the acquirer of such technology to perform activities using the transferred technology independently. (Matters of interpretation of this term shall be referred to the Registration Committee constituted by the Department for Promotion of Industry and Internal Trade, and the interpretation of the Committee shall be final.)

  • Membership Interest means a Member’s entire interest in the Company including such Member’s right to receive allocations and distributions pursuant to this Agreement and the right to participate in the management of the business and affairs of the Company in accordance with this Agreement, including the right to vote on, consent to, or otherwise participate in any decision or action of or by the Members granted pursuant to this Agreement.

  • Member Interest means an equity interest of a Member in the Company and includes any and all benefits to which such Member is entitled as provided in this Agreement, together with all obligations of such Member pursuant to the terms and provisions of this Agreement.

  • Permitted Transfer has the meaning set forth in Section 10.02.

  • Class A Membership Interest means a Class A Membership Interest in Holdings.

  • Class B Membership Interest means a Class B Membership Interest in Holdings.

  • Permitted Transfers has the meaning set forth in Section 4.2.17(d).

  • Deportation or forcible transfer of population means forced displacement of the persons concerned by expulsion or other coercive acts from the area in which they are lawfully present, without grounds permitted under international law;

  • Transfer of Control means an Ownership Change Event or a series of related Ownership Change Events (collectively, the “Transaction”) wherein the stockholders of the Company immediately before the Transaction do not retain immediately after the Transaction, in substantially the same proportions as their ownership of shares of the Company’s voting stock immediately before the Transaction, direct or indirect beneficial ownership of more than fifty percent (50%) of the total combined voting power of the outstanding voting stock of the Company or the corporation or corporations to which the assets of the Company were transferred (the “Transferee Corporation(s)”), as the case may be. For purposes of the preceding sentence, indirect beneficial ownership shall include, without limitation, an interest resulting from ownership of the voting stock of one or more corporations which, as a result of the Transaction, own the Company or the Transferee Corporation(s), as the case may be, either directly or through one or more subsidiary corporations. The Board shall have the right to determine whether multiple sales or exchanges of the voting stock of the Company or multiple Ownership Change Events are related, and its determination shall be final, binding and conclusive.

  • Beneficial Interest means the opportunity, directly or indirectly, through any contract, arrangement, understanding, relationship or otherwise, to profit, or share in any profit derived from, a transaction in the subject Securities. A Covered Person is deemed to have a Beneficial Interest in Securities owned by members of his or her Immediate Family. Common examples of Beneficial Interest include joint accounts, spousal accounts, UTMA accounts, partnerships, trusts and controlling interests in corporations. Any uncertainty as to whether a Covered Person has a Beneficial Interest in a Security should be brought to the attention of the Compliance Officer. Such questions will be resolved in accordance with, and this definition shall be subject to, the definition of “beneficial owner” found in Rules 16a-1(a)(2) and (5) promulgated under the Securities Exchange Act of 1934.

  • Existing Transfer Restrictions means Transfer Restrictions existing with respect to any securities by virtue of the fact that Counterparty may be an “affiliate” of the Issuer (as such term is defined in Rule 144 under the Securities Act).

  • Applicable Ownership Interest means, with respect to the Treasury portfolio,

  • Beneficial Ownership Interest means the right to receive payments and notices with respect to the Bonds held in a Book Entry System.

  • Transferred Interest means, at any time of determination, an undivided percentage ownership interest in (i) each and every then outstanding Receivable, (ii) all Related Security with respect to each such Receivable, (iii) all Collections with respect thereto, and (iv) other Proceeds of the foregoing, which undivided ownership interest shall be equal to the Aggregate Percentage Factor at such time, and only at such time (without regard to prior calculations). The Transferred Interest in each Receivable, together with Related Security, Collections and Proceeds with respect thereto, shall at all times be equal to the Transferred Interest in each other Receivable, together with Related Security, Collections and Proceeds with respect thereto. To the extent that the Transferred Interest shall decrease as a result of a recalculation of the Aggregate Percentage Factor, the Administrative Agent on behalf of the applicable Class Investors shall be considered to have reconveyed to the Transferor an undivided percentage ownership interest in each Receivable, together with Related Security, Collections and Proceeds with respect thereto, in an amount equal to such decrease such that in each case the Transferred Interest in each Receivable shall be equal to the Transferred Interest in each other Receivable.

  • Transfer-Restricted Security means any Security that constitutes a “restricted security” (as defined in Rule 144); provided, however, that such Security will cease to be a Transfer-Restricted Security upon the earliest to occur of the following events:

  • Restricted Global Certificate Has the meaning specified in Section 3.01(c).

  • Partnership Interest means an interest in the Partnership, which shall include the General Partner Interest and Limited Partner Interests.

  • Transfer Restriction means any condition to or restriction on the ability of the Subscriber to pledge, sell, assign or otherwise transfer the Shares under any organizational document, policy or agreement of, by or with the Company, but excluding the restrictions on transfer described in paragraph 6(c) of this Subscription Agreement with respect to the status of the Shares as “restricted securities” pending their registration for resale or transfer under the Securities Act in accordance with applicable securities laws.

  • Residual Ownership Interest Any record or beneficial interest in the Class R Certificates.

  • Regulation S Note As defined in Section 5.2(c)(ii).

  • Regulation S Permanent Global Certificate means any single permanent global Certificate, in definitive, fully registered form without interest coupons received in exchange for a Regulation S Temporary Global Certificate.

  • Transfer Restricted Note means any Note that bears or is required to bear the Restricted Notes Legend.

  • Subsidiary REMIC Interest Any one of the Subsidiary REMIC Interests or the SR-A-R Interest.

  • Restricted Transfer means: 1.1.10.1 a transfer of Company Personal Data from any Company Group Member to a Contracted Processor; or 1.1.10.2 an onward transfer of Company Personal Data from a Contracted Processor to a Contracted Processor, or between two establishments of a Contracted Processor, in each case, where such transfer would be prohibited by Data Protection Laws (or by the terms of data transfer agreements put in place to address the data transfer restrictions of Data Protection Laws) in the absence of the Standard Contractual Clauses to be established under section [6.4.3 or] 12 below;