Transfer of ownership definition

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 ownership means to change legal ownership of a public water system from one person to another.

Transfer of ownership means a change of substantial, or controlling interest, in the ownership of a facility. A change of less than five percent (5%) of the interest of the owner does not constitute a transfer of ownership unless it also results in a change of control of the owner.

Examples of Transfer of ownership in a sentence

• Transfer of ownership of any material object, including the copy or phono- record in which the work is first fixed, does not of itself convey any rights in the copyrighted work embodied in the object; nor, in the absence of an agreement, does transfer of ownership of a copyright or of any exclusive rights under a copyright convey property rights in any mate- rial object.(Pub.

• Transfer of ownership from the account of the deceased Unit Holder to his/her personal representative will only be undertaken through the process of estate administration and death claims procedures.

• Transfer of ownership means the conveyance of title to or a present interest in property, including the beneficial use of the property.

• Neither the Company nor any Member shall incur any liability for making allocations and distributions in accordance with the provisions of this Section 9.10, whether or not the Directors or the Company has knowledge of any Transfer of ownership of any Units.

• Neither the Company nor the Manager shall incur any liability for making distributions in accordance with the provisions of the preceding sentence, whether or not the Company or the Manager has knowledge or notice of any Transfer or purported Transfer of ownership of any LLC Interest.

More Definitions of Transfer of ownership

Transfer of ownership means a voluntary or involuntary conveyance of an interest in a vessel.

Transfer of ownership means the conveyance of title to or a present interest in property, including the beneficial use of the property, the value of which is substantially equal to the value of the fee interest."

Transfer of ownership of a medical cannabis license means the transfer of a controlling ownership interest in the license. The Commission considers the following to constitute transfer of ownership:

Transfer of ownership means a voluntary or involuntary conveyance of an interest in a watercraft.

Transfer of ownership means to change legal own- ership of a public water system from one person to another.

Transfer of ownership means the transfer defined in Article 2, Subsection 113.2 of this Agreement.

Transfer of ownership means the transfer of a Membership Package from one Member to a new or existing Member