Examples of Transferee corporation in a sentence
Notwithstanding the aforesaid in Section 4 the foregoing right of first offer will not apply to a transfer of shares in the company from Rivel to a corporation within Rivel’s control provided that the Transferee corporation undertakes to assume all the provisions of this agreement as a condition precedent to receiving the shares.
Notwithstanding Section 10.01, the Tenant may without the consent of the Landlord (but on prior written notice to the Landlord) effect a Transfer of this Lease to a corporation which is a subsidiary body corporate of the Tenant or the holding body corporate of the Tenant, or a corporation which is affiliated with the Tenant (as those terms are defined in the (Canada Business Corporations Act) so long as in each case the Transferee corporation retains that status.
Notwithstanding Section 10.01, the Tenant may without the consent of the Landlord (but on prior written notice to the Landlord) effect a Transfer of this Lease to a corporation which is a subsidiary body corporate of the Tenant or the holding body corporate of the Tenant or a corporation which is affiliated with the Tenant (as those terms are defined in the Canada Business Corporations Act) so long as, in each case, the Transferee corporation retains that status.