Examples of Transferring Entities in a sentence
The Restructure Scheme is a binding arrangement between Woolworths, the Transferring Entities, and their respective members.
In the event of the damage or destruction of all or a substantial portion of the Transferred Interests prior to any Closing, the affected Sites shall become Excluded Sites and the Consideration shall be reduced in accordance with Section 3.3, unless the parties agree to the contrary, provided that such reduction shall first be a reduction only of the Stock Consideration, unless and to the extent Transferring Entities no longer hold any Stock Consideration.
All obligations of the Transferring Entities hereunder are subject to the fulfillment and satisfaction, prior to or at each Closing, of each and every one of the following conditions, any or all of which may be waived in whole or in part by BMI, provided that no such waiver will be effective unless it is set forth in a writing executed by BMI as of such Closing Date: 10.1 Representations and Warranties.
The purpose of the Scheme is to enable the Barclays Group to maintain EEA client activity currently carried on by each of the Transferring Entities in reliance on the passporting regime pursuant to the Capital Requirements Directive (2013/36/EU) and the Markets in Financial Instruments Directive (Directive 2014/65/EU) and the Insurance Mediation Directive (2002/92/EC), through the Transferee (once fully authorised and licensed) when the UK leaves the European Union.
As a result, any of the foregoing events, and any disputes the Fund might have with True Group, the Telecom Asset Manager, the Transferring Entities or any of the Fund’s anchor tenants, or a general deterioration in the Fund’s relationship with True Group, the Telecom Asset Manager, the Transferring Entities or the Fund’s anchor tenants, for any reason whatsoever, could have a material adverse effect on the Fund’s business, prospects, results of operations, cash flows and financial condition.