Mechanics of Transfers Clause Samples

Mechanics of Transfers. Subject to satisfaction of the conditions set forth in Section 3.1, this Warrant and all rights hereunder are transferable, in whole or in part, on the books of the Company to be maintained for such purpose, upon surrender of this Warrant at the office of the Company, together with a written assignment of this Warrant duly executed by the Holder or its agent or attorney. Upon such surrender, the Company shall execute and deliver a new Warrant or Warrants in the name of the assignee or assignees and in the denominations specified in such instrument of assignment, and this Warrant shall promptly be canceled. This Warrant, if properly Transferred in compliance with this Section 3, may be exercised by an assignee for the purchase of Warrant Shares without having a new Warrant issued.
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Mechanics of Transfers. (a) Promptly following the end of each month, Manager shall make a good faith estimate of the collection percentage ("Estimated Collection Percentage") for such month's gross Practice revenues. The Estimated Collection Percentage may vary depending on historical collection percentages, changes in fee schedules, changes in third party reimbursement, bad debt write-offs and similar adjustments. The Estimated Collection Percentage will then be applied to the gross Practice revenues generated by the Practice for such month, resulting in estimated Net Practice Revenues for such month. An amount equal to the excess of Net Practice Revenues over Practice Expenses for such month will be transferred by Manager to Practice on such 25th day. If the first transfer of funds pursuant to this Agreement occurs more than forty-five (45) days after the Effective Date, Manager will pay Practice interest on those funds at a rate equal to its short-term borrowing rate under Manager's senior credit facility for each day in excess of forty-five (45) days. A final annual accounting of actual collections, draws and payments will be delivered to Practice by Manager on or before March 31 of each year of this Agreement with respect to the immediately preceding calendar year and will include a detailed financial report of income and expenses and will take into account funds received and transferred from the Physician Deposit Account under the Billing Agreement. Manager shall remit to Practice, the amounts, if any, due and owing to Practice as a result of the final annual accounting on or before the ninetieth (90th) day after the end of the calendar year. Practice may review and dispute each such final report in accordance with the procedure set forth in Section 3.8(b).
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Mechanics of Transfers. The provisions of Schedule 2 shall apply to all transfers of Sale Shares pursuant to this Clause 13.
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Mechanics of Transfers. The provisions of Schedule 5 shall apply to all transfers of Shares pursuant to this Section 13.
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Related to Mechanics of Transfers

  • Documentation of Transfers You can receive a transaction receipt at the time you make any transfer to, from, or between your account(s) using an ATM. · If you have arranged to have direct deposits (which are electronic funds transfers as described in Section 4) made to your asset account(s) at least once every 60 days from the same person or company, the person or company making the deposit will tell you every time they send us the money. You may visit any branch, call us at ▇▇▇-▇▇▇-▇▇▇▇ or ▇▇▇-▇▇▇-▇▇▇▇, or access your transaction history via ComputerLine, MoneyLine, Green on the Go® for mobile, or the MSUFCU Mobile app to find out whether the deposit has been made. · You will get a statement every month if you have authorized any electronic funds transfer service described in Section 4. If no electronic funds transfer occurs in a particular calendar quarter, you will still receive a statement for that quarter. However, for an asset account to which you have authorized no electronic funds transfers other than preauthorized credits, you will get a statement quarterly. On any account considered dormant, a statement will be sent to you annually. · Periodic statements we send you on accounts that are subject to electronic funds transfers described in Section 4 and transaction receipts issued by an ATM are admissible evidence. · Your right to documentation as set forth above in this section does not apply when the electronic funds transfer occurs outside of the United States.

  • Rights of Transferees Subject to Section 7, the rights granted to the Holder hereunder of this Warrant shall pass to and inure to the benefit of all subsequent transferees of all or any portion of this Warrant (provided that the Holder and any transferee shall hold such rights in proportion to their respective ownership of this Warrant and Warrant Shares) until extinguished pursuant to the terms hereof.

  • Instruments of Transfer The Stockholder is delivering to LandCARE certificates representing all of the Shares, duly endorsed (or accompanied by duly executed stock powers).

  • Registration of Transfers The Company shall register the transfer of any portion of this Warrant in the Warrant Register, upon surrender of this Warrant, with the Form of Assignment attached hereto duly completed and signed, to the Company at its address specified herein. Upon any such registration or transfer, a new Warrant to purchase Common Stock, in substantially the form of this Warrant (any such new Warrant, a “New Warrant”), evidencing the portion of this Warrant so transferred shall be issued to the transferee and a New Warrant evidencing the remaining portion of this Warrant not so transferred, if any, shall be issued to the transferring Holder. The acceptance of the New Warrant by the transferee thereof shall be deemed the acceptance by such transferee of all of the rights and obligations of a holder of a Warrant.

  • As Of Transactions For purposes of this Article M, the term “