Transferring Sponsor definition

Transferring Sponsor has the meaning set forth in Section 9.183(a) hereof.
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Transferring Sponsor has the meaning set forth in Section 4(c).
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Examples of Transferring Sponsor in a sentence

  • At a minimum, the Offer Notice shall be in writing and shall contain (i) the rights, title and interests in, and obligations under this Agreement that the Transferring Sponsor proposes to Transfer; and (ii) the cash purchase price and any other material terms and conditions of such proposed transfer.

  • The FAA requires a Certification of Transferring Sponsor when the county is not using FAA funds forthe physical year.

  • The tag-along rights provided by this Section 5.2 must be exercised by the Purchaser within five (5) Business Days following receipt by the Purchaser of the first notice delivered to him by the Company with respect to the Proposed Transfer, by delivery of a written notice to the Company and the Transferring Sponsor indicating his desire to exercise his tag-along rights and specifying the number of Company Shares he desires to Transfer in the Proposed Transfer.

  • The Transferring Sponsor shall deliver or cause to be delivered to the Other Sponsor copies of all transaction documents relating to the proposed Transfer as the same become available.

  • Transferring Sponsor, at the price and on the terms and conditions set forth in the Sponsor Transfer Notice.

  • Each Stockholder may elect to participate in a Transfer by the Transferring Sponsor of any class of Transfer Shares owned by such Transferring Sponsor contemplated in a Sale Notice by delivering written notice of such election to such Transferring Sponsor within 30 days after delivery of the Sale Notice.

  • For example, if the Tag-Along Notice contemplated a sale of 100 Stockholder Shares by the Transferring Sponsor, and if the Transferring Sponsor at such time owns 30% of all Stockholder Shares and if one Tag-Along Holder elects to participate and owns 20% of all Stockholder Shares, the Transferring Sponsor would be entitled to sell 60 shares (30% ÷ 50% x 100 shares) and the Tag-Along Holder would be entitled to sell 40 shares (20% ÷ 50% x 100 shares).

  • Each Tag-Along Holder may elect to sell in any Transfer contemplated under this Section 4(c) a lesser number of Stockholder Shares than such Tag-Along Holder is entitled to sell hereunder, in which case the Transferring Sponsor shall have the right to sell an additional number of Stockholder Shares equal to the number that each Tag-Along Holder has elected not to sell.

  • Each Sponsor Stockholder shall cause any Transferee of a Sponsor Stockholder who is deemed pursuant to Section 2.1(b) to be a member of such Transferring Sponsor Stockholder to become a party to this Agreement as an “Investor Stockholder” by executing a counterpart to this Agreement or a written instrument agreeing to be bound by the provisions hereof.

  • Each Stockholder Transferring Stockholder Shares pursuant to this Section 4(c) shall take all necessary or desirable actions reasonably requested in good faith by the Transferring Sponsor in connection with the consummation of a Transfer subject to this Section 4(c).

Related to Transferring Sponsor

  • Transferring Member has the meaning set forth in Section 11.3(a).

  • Transferring Stockholder has the meaning set forth in Section 4.04(a).

  • Transferring Shareholder has the meaning set out in Section 6.1;

  • Transferring Party has the meaning given such term in Section 5.2(b).

  • Eligible Holder means a Limited Partner whose (a) federal income tax status would not, in the determination of the General Partner, have the material adverse effect described in Section 4.9(a)(i) or (b) nationality, citizenship or other related status would not, in the determination of the General Partner, create a substantial risk of cancellation or forfeiture as described in Section 4.9(a)(ii).

  • Qualified Transferee means an “accredited investor” as defined in Rule 501 promulgated under the Securities Act.

  • Modified Eligible Transferee means any bank, financial institution or other entity which is regularly engaged in or established for the purpose of making, purchasing or investing in loans, securities and other financial assets.

  • Shareholder-Initiated Transfer Redemption means a transaction that is initiated or directed by a Shareholder that results in a transfer of assets within a Contract out of a Fund, but does not include transactions that are executed: (i) automatically pursuant to a contractual or systematic program or enrollments such as transfers of assets within a Contract out of a Fund as a result of annuity payouts, loans, systematic withdrawal programs, insurance company approved asset allocation programs and automatic rebalancing programs; (ii) as a result of any deduction of charges or fees under a Contract; (iii) within a Contract out of a Fund as a result of scheduled withdrawals or surrenders from a Contract; or (iv) as a result of payment of a death benefit from a Contract.

  • Minimum Transfer Amount means with respect to Party A: USD $100,000; provided, however, that if S&P is rating the Certificates and the aggregate Certificate Principal Balances of the rated Certificates falls below $50,000,000, then the Minimum Transfer Amount shall mean USD $50,000.

  • Sale Notice has the meaning set forth in Section 3.04(b).

  • Repurchase Request Withdrawal As defined in Section 2.03(a) of this Agreement.

  • Transfer Shares has the meaning ascribed to such term in Section 6.2(a)

  • Ineligible Holder is defined in Section 4.8(c).

  • Transferring Employee means an employee at the airport who timely transfers to the regional authority by the transfer date.

  • Non-Transfer Event means any event or other changes in circumstances other than a purported Transfer, including, without limitation, any change in the value of any Shares.

  • Proposed Transferee has the meaning set forth in Section 2.4(a).

  • Co-Sale Notice has the meaning set forth in Section 5.3.

  • Prohibited Transferee means any of the Persons listed on Schedule I attached to this Agreement.

  • Transferring applicant means a person transferring from another health insurer.

  • Other Holder has the meaning specified in Section 2.2(b).

  • Proposed Transfer Notice means written notice from a Key Holder setting forth the terms and conditions of a Proposed Key Holder Transfer.

  • Approved Transferee means (a) a “qualified institutional buyer” (“QIB”) as defined in Rule 144A promulgated under the Securities Act that is a financial institution or commercial bank having capital and surplus of $5,000,000,000 or more, (b) an affiliate of the Funding Lender, or (c) a trust or custodial arrangement established by the Funding Lender or one of its affiliates the beneficial interests in which will be owned only by QIBs.

  • Eligible Transferee means and include a commercial bank, financial institution or other "accredited investor" (as defined in Regulation D of the Securities Act).

  • Contribution Notice means a contribution notice issued by the Pensions Regulator under section 38 or section 47 of the Pensions Xxx 0000.

  • Tag or “RFID tag” means the unique identification number or Radio Frequency Identification (RFID) issued to a licensee by the agency for tracking, identifying and verifying marihuana plants, marihuana products, and packages of marihuana product in the statewide monitoring system.

  • Secondary Refusal Right means the right, but not an obligation, of each Investor to purchase up to its pro rata portion (based upon the total number of shares of Capital Stock then held by all Investors) of any Transfer Stock not purchased pursuant to the Right of First Refusal, on the terms and conditions specified in the Proposed Transfer Notice.