Conditions for Transfer Clause Samples

Conditions for Transfer. A Partner may sell, assign, transfer, encumber, or otherwise dispose of an interest in the Partnership only in conformity with the provisions of this Article IX.

Conditions for Transfer. No Transferee as an assignee of all or any portion of a Unit or any Unit(s) shall have the right to become a substituted Member in place of an assignor unless the following conditions are satisfied: (a) The Offering Member shall have complied with the provisions of this ARTICLE 4; (b) If applicable, the Manager shall have consented to the proposed Transferee pursuant to Section 4.2(b); (c) The Transferee and the Offering Member shall have executed an instrument of assignment in form and substance satisfactory to the Manager; (d) The Transferee and the Offering Member shall have executed and acknowledged such other instruments as the Manager may deem necessary to effectuate such Transfer, including, without limitation, a power of attorney consistent with provisions more fully described in this Agreement; (e) The Transferee shall accept, adopt, and approve all of the terms and provisions of this Agreement in writing by executing a counterpart to this Agreement as a Member; (f) The Transferee or the Offering Member shall pay all reasonable expenses (including reasonable attorneys’ fees and costs) connected with such Transfer; and (g) The Company shall have received, if requested, a legal opinion, that is in form and substance satisfactory to the Company counsel that such transfer will not violate the registration provisions of the Securities Act of 1933, as amended, or cause the Company to be classified as “publicly traded partnership” within the meaning of Code Section 7704 and the Regulations thereunder, which opinion shall be furnished at the expense of the Transferee or the Offering Member.

Conditions for Transfer. The Railway Undertaking cannot without written consent by Banedanmark assign any rights and obligations under the contract to a third party. In cases where an agreement is made with other Railway Undertakings after the capacity allocation deadline has passed, the Railway Undertaking must prove that no trade or transfer of capacity has taken place, for example by providing a copy of an agreement. The Railway Undertaking is entitled to use subcontractors. A prerequisite is that subcontractors have or can obtain the necessary approvals. The Railway Undertaking is obliged to announce such arrangements to Banedanmark, to the extent possible before capacity allocation is made, and to inform to what extent other Railway Undertakings are used as subcontractors for the Railway Undertaking’s traffic operations. The parties are liable for the work and services carried out by their subcontractors in relation to any claims by the other party, under the same conditions as when undertaking the work themselves.

Conditions for Transfer. Before transferring money from this Fund as mentioned in section 7 hereof, the Trustee shall advise the transferee in writing that the amount transferred must be administered in accordance with the Act and this Regulation, and the transferee must agree to administer such amount transferred in accordance with the Act and the Regulation.

Conditions for Transfer. An employee who does not possess the minimum qualifications for an open position shall not be transferred to that position. A qualified employee may be transferred, provided the transfer has been approved by the employee's supervisor, the gaining supervisor and the City Manager or his/her designee.

Conditions for Transfer. Before transferring out the locked-in money pursuant to section 3 herein, the Trustee shall advise the transferee financial institution in writing of the locked-in status of the money shall make acceptance of the transfer subject to the conditions provided for in subsection 29(4)(f) of the Regulation.

Conditions for Transfer. (1) A sentenced person may be transferred only on the following conditions: (a) the acts or omissions for which the sentence has been imposed would constitute a criminal offence under the laws of the receiving Party; provided, however, that this condition shall not be interpreted to require that the offence described in the laws of both Parties be identical with respect to matters that do not affect the essential nature of the offence; (b) where Hong Kong is the receiving Party, the sentenced person is a permanent resident of Hong Kong; (c) where the United States of America is the receiving Party, the sentenced person is a citizen or national of the United States of America; (d) at the time the request for transfer is received, the sentenced person has at least one year of the sentence to serve, or is serving an indeterminate or life sentence; (e) the judgment is final, and no further proceedings relating to the offence are pending within the jurisdiction of the transferring Party; (f) the transferring and receiving Parties and the sentenced person all agree to the transfer, provided that, where in view of the age or physical or mental condition of the sentenced person, either Party considers it necessary, the sentenced person’ s consent may be given by the sentenced person’ s legal representative; (g) when the United States of America is the transferring Party, and when the sentenced person has been sentenced by the courts pursuant to the laws of a State of the United States of America, the consent of the authorities of the State, as well as the consent of the federal authorities, shall be required for the transfer. (2) In exceptional cases, the Parties may agree to a transfer even if the time to be served by the sentenced person is less than that specified in paragraph 1(d) of this Article.

Conditions for Transfer. 1. A sentenced person may be transferred only if, (a) the sentenced person is a national of the Administering Party; (b) the conduct on account of which the sentence was imposed against the sentenced person also constitutes an offence under the laws of the Administering Party; (c) the judgment imposed against the sentenced person has come into effect when the request for transfer is made, and the period of time to be served by the sentenced person is at least one year; (d) the transfer is consented to in writing by the sentenced person, or by the person’s legal representative when one of the Parties considers it necessary in view of the person’s age, physical or mental conditions; and (e) both Parties agree to the transfer. 2. In exceptional cases, the Parties may agree to a transfer even if the period of time to be served by the sentenced person is less than one year.

Conditions for Transfer. The Trustee will advise any subsequent transferee in writing that the amount transferred must be administered as a pension benefit under the Act and Regulation and will not permit any subsequent transfer of any amount held under this Account unless: a) the transfer would be permitted under the Act and Regulation; and b) the subsequent transferee agrees to administer the amount transferred as a pension benefit in accordance with the Act and Regulation.