Assignment of Share Sample Clauses

The Assignment of Share clause defines the conditions under which a party may transfer their ownership interest or shares in a company or agreement to another party. Typically, this clause outlines any required approvals, such as consent from other shareholders or the company itself, and may specify restrictions on who can receive the shares, such as prohibiting transfers to competitors. Its core practical function is to regulate and control changes in ownership, thereby protecting the interests of existing stakeholders and maintaining stability within the organization.
Assignment of Share. 第９条：持分の譲渡 9.1 Either Party shall discuss an assignment to a third party of its share of The Patent or The Application with the other Party. 9.1 いずれの当事者も、「本件特許権」または「本件出願」に関する自らの持分を第三者に譲渡することについて、相手方と協議するものとする。 ＊ＡＡＡ（日本側）が持分を譲渡するにはＪＳＴの承認が必要です。ＢＢＢ（相手国側）が譲渡するには相手国機関の承認が必要とされる可能性があります。 ＊法律上共有者の同意を不要とする国（米国など）もありますので、明記することを推奨します。 9.2 If either Party will, upon consent of the other Party, assign its share to the third party, payment of money by the third party in consideration of such an assignment shall be shared between the Parties in proportion to their shares of The Invention after deducting from the payment costs, expenses and fees for the assigning Party. The Parties agree that, when determining such costs, expenses and fees, efforts made by the assigning Party in reaching the assignment should be considered and appreciated. 9.2 いずれかの「当事者」が、相手方の同意に基づき、第三者に自らの持分を譲渡する場合、当該第三者から支払われる譲渡の対価は、譲渡した「当事者」の経費と手数料を控除した後、「両当事者」の「本件発明」に対する持分に応じて分配されるものとする。「両当事者」は、当該経費と手数料を決めるに当たり、譲渡した「当事者」が譲渡のためになした努力を考慮すべきであることに合意する。 ＊分配ルールは様々な決め方があるでしょうから、あくまでも一例としてご参照下さい。
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Assignment of Share. Within ten (10) business days from the date when the Principals receive the Exercise Notice that has been sent by Party A for each exercise in accordance with Section 2.4: 2.5.1 The Principals shall cause Party D to convene the general meeting, in which the resolution on the assignment of the Share of the Principals to Party A and/or the third party designated by it shall be passed; 2.5.2 The Principals shall enter into a transfer agreement substantially consistent with the Share Transfer Agreement specified in Appendix 1 hereto with Party A (or a third party designated by it, if applicable); 2.5.3 Party B and Party C shall enter into all other necessary contracts, agreements or documents, obtain all necessary governmental approvals and consents, take all actions necessary to assign the ownership of the purchased Share to Party A and/or a third party designated by it without any additional secured rights and benefits over such Share, and make Party A and/or a third party designated by it become the registered owner of the purchased Share with the Administration for Industry and Commerce, and submit Party A and/or a third party designated by it with the updated business license, articles of association, approval certificates (if any) and other relevant documents issued or recorded by relevant competent authorities of the PRC, and such documents shall show the changes of the Share, directors and legal representative of Party D.
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Assignment of Share. Seller hereby assigns (▇▇▇▇▇ ▇▇) the Share to Purchaser who accepts this assignment. This assignment will become valid (condition precedent, aufschiebende Bedingung) as soon as the Purchase Price has been paid to Seller as provided for in Section 2.4(b) hereof.
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Related to Assignment of Share

  • Assignment of Space It is understood by Exhibitor that space will be assigned to Exhibitor by Show Management at Show Management’s sole discretion. Notification of space assignment shall be mailed to Exhibitor. After assignment, space location may not be changed, transferred or canceled except on written request and with the subsequent written approval of Show Management. Space assignments may be revoked or changed by Show Management if Exhibitor fails to meet payment deadlines. The size and location of Exhibitor’s space may, at Show Management’s election, differ from show to show. Notwithstanding and aforementioned, Show Management reserves the right to relocate Exhibitor. Show Management will make every effort by phone, fax and mail to notify Exhibitor of such relocation. Show Management assumes no responsibility whatsoever for exhibitor’s goods, products or fixtures before, during or after the show. In assigning exhibit space, Show Management shall carefully consider and at its sole discretion weigh collectively such factors (NOTE--factors are not presented in priority order nor to be construed to be weighed or prioritize) as: A. The size of exhibit space requested versus the overall space available for allocation to eligible exhibitors; B. The need to accommodate and encourage the introduction of new products for the buyer’s benefit; C. The quality and creativity of the product displays; D. The continuity and length of an Exhibitor’s previous exhibit activity; E. The size and shape of the space need as it relates to the effective display of an applicant’s products for the convenience and benefit of the buyers; F. The Exhibitor’s commitment to aggressively promote buyer attendance both independently and in cooperation with Show Management; and G. The need to balance traffic and promote buyer activity in all exhibit areas.

  • Payment of Shares At or prior to the time of delivery of any of our shares you will pay or cause to be paid to the Custodian, for our account, an amount in cash equal to the net asset value of such shares. In the event that you pay for shares sold by you prior to your receipt of payment from purchasers, you are authorized to reimburse yourself for the net asset value of such shares from the offering price of such shares when received by you.

  • Adjustment of Shares (a) If at any time while unexercised Options are outstanding hereunder, there shall be any increase or decrease in the number of issued and outstanding shares of Common Stock through the declaration of a stock dividend or through any recapitalization resulting in a stock split-up, combination or exchange of shares, then and in such event appropriate adjustment shall be made in the number of Shares and the exercise price per Share thereof then subject to this Option, so that the same proportion of the Company's issued and outstanding shares shall remain subject to purchase at the same aggregate exercise price. (b) The Company may change the terms of this Option, with respect to the exercise price or the number of Shares subject to this Option, or both, when, in the Company's sole discretion, such adjustments become appropriate by reason of any significant corporate transaction. (c) Except as otherwise expressly provided herein, the issuance by the Company of shares of its capital stock of any class, or securities convertible into shares of capital stock of any class, either in connection with direct sale or upon the exercise of rights or warrants to subscribe therefor, or upon conversion of shares or obligations of the Company convertible into such shares or other securities, shall not affect, and no adjustment by reason thereof shall be made with respect to the number of or exercise price of Shares then subject to this Option. (d) Without limiting the generality of the foregoing, the existence of this Option shall not affect in any manner the right or power of the Company to make, authorize or consummate (i) any or all adjustments, recapitalizations, reorganizations or other changes in the Company's capital structure or its business; (ii) any merger or consolidation of the Company; (iii) any issue by the Company of debt securities, or preferred or preference stock that would rank above the Shares subject to this Option; (iv) the dissolution or liquidation of the Company; (v) any sale, transfer or assignment of all or any part of the assets or business of the Company; or (vi) any other corporate act or proceeding, whether of a similar character or otherwise.

  • Assignment of Rights Borrower acknowledges and understands that Agent or Lender may, subject to Section 11.7, sell and assign all or part of its interest hereunder and under the Loan Documents to any Person or entity (an “Assignee”). After such assignment the term “Agent” or “Lender” as used in the Loan Documents shall mean and include such Assignee, and such Assignee shall be vested with all rights, powers and remedies of Agent and Lender hereunder with respect to the interest so assigned; but with respect to any such interest not so transferred, Agent and Lender shall retain all rights, powers and remedies hereby given. No such assignment by Agent or Lender shall relieve Borrower of any of its obligations hereunder. Lender agrees that in the event of any transfer by it of the Note(s)(if any), it will endorse thereon a notation as to the portion of the principal of the Note(s), which shall have been paid at the time of such transfer and as to the date to which interest shall have been last paid thereon.

  • Replacement of Shares If any certificate or instrument evidencing any Shares is mutilated, lost, stolen or destroyed, the Company shall issue or cause to be issued in exchange and substitution for and upon cancellation thereof (in the case of mutilation), or in lieu of and substitution therefor, a new certificate or instrument, but only upon receipt of evidence reasonably satisfactory to the Company of such loss, theft or destruction. The applicant for a new certificate or instrument under such circumstances shall also pay any reasonable third-party costs (including customary indemnity) associated with the issuance of such replacement Shares.