Notice of Intent to Dispose Sample Clauses

The Notice of Intent to Dispose clause requires a party to formally notify another party before disposing of certain assets or property. Typically, this means that if an owner plans to sell, transfer, or otherwise get rid of specified assets, they must provide advance written notice to interested parties, such as co-owners, lenders, or tenants. This clause ensures transparency and gives affected parties the opportunity to respond, object, or exercise any rights they may have, such as rights of first refusal. Its core function is to prevent unexpected disposals and protect the interests of those who may be impacted by the transfer or sale of the asset.
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Notice of Intent to Dispose. If an Offering Shareholder wishes to Dispose of any of his, her, or its Shares, the Offering Shareholder must first give written notice of such intent to the Company (the “Disposition Notice”). The Disposition Notice shall be accompanied by a signed copy of any proposed Disposition agreement and must name the proposed transferee, describe his, her, or its business background, and specify the number of Offered Shares, the price per Share, and the payment terms.
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Notice of Intent to Dispose. If District does not take possession of all client files at the conclusion of RWG’s legal representation of District, RWG shall store such client files for a period of at least one (1) year. At the conclusion of such one (1) year period, RWG may send District a notice, advising of RWG’s intention to dispose of the client files. District shall have sixty (60) days from the date of such notice to take possession of the client files. If District does not take possession of the client files during that time, District agrees that RWG may dispose of the client files without further notice.
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Notice of Intent to Dispose. If a Stockholder wishes to Dispose of any of his, her or its Shares (an “Offering Stockholder”), such Offering Stockholder must first give written notice of such intent to the Company (the “Disposition Notice”). The Disposition Notice shall (i) be accompanied by a signed copy of any proposed Disposition agreement or offer letter and (ii) name the proposed transferee, describe such transferee’s business background and specify the class and series of Shares to be sold (each, an “Offered Share”), the number of Offered Shares, the price per Offered Share, the payment terms the intended date of such Disposition and the other material terms and conditions to such Disposition. Promptly on receipt of the Disposition Notice, the secretary of the Company shall forward a copy of the Disposition Notice to each member of the Board.
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Related to Notice of Intent to Dispose

  • NOTICE OF INTENT TO SURRENDER Any other provision of this lease to the contrary notwithstanding, at least thirty (30) days prior to the normal expiration of the term of this Lease as noted under the heading TERM OF LEASE above, Tenant shall give written notice to Landlord of Tenant’s intention to surrender the residence at the expiration of the Lease term. If said written notice is not timely given, the Tenant shall become a month-to-month tenant as defined by applicable Georgia law, and all provisions of this Lease will remain in full force and effect, unless this Lease is extended or renewed for a specific term by written agreement of Landlord and Tenant. If Tenant becomes a month-to-month tenant in the manner described above, ▇▇▇▇▇▇ must give a thirty (30) day written notice to the Landlord of ▇▇▇▇▇▇’s intention to surrender the residence. At any time during a month-to-month tenancy Landlord may terminate the month-to-month Lease by serving Tenant with a written notice of termination, or by any other means allowed by applicable Georgia law. Upon termination, Tenant shall vacate the premises and deliver same unto Landlord on or before the expiration of the period of notice.

  • Notice of Intent When the President or representative has reason to believe that a suspension or termination should be imposed, the President or representative shall provide the employee with a written notice of the proposed action and the reasons therefor. Such notice shall be sent certified mail, return receipt requested, or delivered in person with written documentation of receipt obtained. The employee shall be given ten (10) days in which to respond in writing to the President or representative before the proposed action is taken. The President or representative then may issue a notice of disciplinary action under Article 16.4.below. The employee has a right to union representation during investigatory questioning that may reasonably be expected to result in disciplinary action. If the President or representative does not issue a notice of disciplinary action, the notice of proposed disciplinary action shall not be retained in the employee's evaluation file.

  • Notice of Intended Disposition In the event any Owner of Purchased Shares in which Optionee has vested desires to accept a bona fide third-party offer for the transfer of any or all of such shares (the Purchased Shares subject to such offer to be hereinafter referred to as the "Target Shares"), Owner shall promptly (i) deliver to the Corporation written notice (the "Disposition Notice") of the terms of the offer, including the purchase price and the identity of the third-party offeror, and (ii) provide satisfactory proof that the disposition of the Target Shares to such third-party offeror would not be in contravention of the provisions set forth in Articles B and C.

  • Notice of Immunity Employee is provided notice that an individual shall not be held criminally or civilly liable under any federal or state trade secret law for the disclosure of a trade secret that is made (i) in confidence to a federal, state, or local government official, either directly or indirectly, or to an attorney; and (ii) solely for the purpose of reporting or investigating a suspected violation of law; or is made in a complaint or other document filed in a lawsuit or other proceeding, if such filing is made under seal. An individual who files a lawsuit for retaliation by an employer for reporting a suspected violation of law may disclose the trade secret to the attorney of the individual and use the trade secret information in the court proceeding, if the individual (i) files any document containing the trade secret under seal; and (ii) does not disclose the trade secret, except pursuant to court order.

  • Notice of Disposition To the extent that this Option is designated as an Incentive Option, if Shares of Common Stock acquired upon exercise of the Option are disposed of within two years following the date of grant or one year following the transfer of such Shares to the Participant upon exercise, the Participant shall, promptly following such disposition, notify the Corporation in writing of the date and terms of such disposition and provide such other information regarding the disposition as the Administrator may reasonably require.