Examples of Turnover Agreement in a sentence
MBLDC will act as a contractual partner with the Town when providing and discharging services under a Turnover Agreement or a Sale Agreement that is not a Transfer Agreement, since the Town will retain title.
Turnover and deliver to Lessor all of the personal property required to be turned over to Lessor pursuant to the Turnover Agreement.
Lessee shall not enter into any equipment lease that is not a capital lease for equipment having a fair market value exceeding U.S. $25,000, or annual lease expense exceeding U.S. $25,000, without the prior written consent of Lessor, and all such Equipment Leases shall expressly authorize a turnover to Lessor or its designee of such equipment and Equipment Lease pursuant to the terms of the Turnover Agreement.
Personal Property that is required to be turned over to the Lessor pursuant to the Turnover Agreement is not Lessee’s Personal Property whether or not paid for from Lessee’s separate funds.
In early 2013, the parties to the adversary proceeding, along with other family members who managed other trusts and Windriver, all with allegedly similar purposes, settled with the trustee by agreeing to turn over virtually all of Lane’s assets possessed by DFWU, the other trusts, and Windriver (Turnover Agreement).Lane objected to the Turnover Agreement, contending that the property to be turned over was not property of the bankruptcy estate.