Transferred definition

Transferred shall have a correlative meaning.

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Transferred and “Transferring” shall have correlative meanings.

Transferred means any direct or indirect transfer, assignment, sale, gift, pledge, hypothecation or other encumbrance, or any other disposition (whether voluntary, involuntary or by operation of law) of the Assets.

Examples of Transferred in a sentence

• Transferor has good and marketable title to the Transferred Quotas being transferred by Transferor, and the right and authority to sell such Transferred Quotas to Transferee pursuant to this Agreement and without any third party consent.

• There is no litigation, claim, action, suit, arbitration, complaint, charge, investigation or proceeding pending or involving or, to the Company’s knowledge or the Transferee’s knowledge, threatened with respect to the Transferred Quotas or that questions the validity of this Agreement or any action taken or to be taken by the Company or the Transferee pursuant to this Agreement before or by any court or Governmental Entity or any other person or entity.

• Transferor confirms, acknowledges, and understands that by selling and transferring the Transferred Quotas, Transferor will irrevocably forego all potential or actual gain that might be realized if Transferor had continued to hold such Transferred Quotas.

• At the date of the Closing, Transferor’s entire right, title and interest in and to the Transferred Quotas to be transferred under this Agreement in the Closing will be conveyed to Transferee as set forth herein.

• All legal action on the part of Transferor and its partners necessary for the authorization, execution and delivery of this Agreement, the performance of all obligations of Transferor hereunder and the transfer of the Transferred Quotas hereunder has been taken, and this Agreement, when executed and delivered by Transferor, shall constitute valid and legally binding obligations of Transferor, enforceable against Transferor in accordance with its terms.

More Definitions of Transferred

Transferred means the accomplishment of a Transfer, and “Transferee” means the recipient of a Transfer.

Transferred. “Transferring” and “Transferee” shall each have a correlative meaning to the term “Transfer.”

Transferred has the correlative meaning.

Transferred means, with respect to any security, the direct or indirect assignment, sale, transfer, tender, exchange, pledge or hypothecation, or the grant, creation or suffrage of a lien, security interest or encumbrance in or upon, or the gift, grant or placement in trust, or the Constructive Sale or other disposition of such security (including transfers by testamentary or intestate succession, by domestic relations order or other court order, or otherwise by operation of law) or any right, title or interest therein (including any right or power to vote to which the holder thereof may be entitled, whether such right or power is granted by proxy or otherwise), or the record or beneficial ownership thereof, the offer to make such a sale, transfer, Constructive Sale or other disposition, and each agreement, arrangement or understanding, whether or not in writing, to effect any of the foregoing.

Transferred. “Transferee” and “Transferability” shall each have a correlative meaning.

Transferred means a transfer of ownership as defined in section 27a. History: Add. 2006, Act 612, Imd. Eff. Jan. 3, 2007;⎯Am. 2014, Act 456, Imd. Eff. Jan. 2, 2015. Popular name: Act 206

Transferred means to give, sell, exchange, assign, transfer, pledge, hypothecate, bequeath, devise or otherwise dispose of or encumber, voluntarily or involuntarily, by operation of law or otherwise. When referring to a Company Unit, “Transfer” shall mean the Transfer of such Company Unit whether of record, beneficially, by participation or otherwise.