OBLIGATION OF TRANSFEREE Sample Clauses

OBLIGATION OF TRANSFEREE. Any transferee or assignee of this Agreement shall personally complete the full training course provided by RE/MAX JAPAN and RE/MAX, LLC. including RE/MAX Management Training Course. It shall be the duty of Regional Franchisee to advise any prospective transferee or assignee of this Agreement of the requirements of this subparagraph. Any transferee or assignee of this Agreement shall assume the full rights and responsibilities hereunder as though such transferee or assignee had been the initial regional franchisee hereunder. RE/MAX JAPAN may, in its sole discretion, require that any transferee or assignee of an interest in Regional Franchisee meet the requirements of this Paragraph 10.c.
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OBLIGATION OF TRANSFEREE. No Common Shares may be sold, transferred or issued in any event unless the Person receiving the Common Shares has executed and delivered to ICF a joinder agreement in form and substance satisfactory to ICF pursuant to which such Person agrees to be bound by the terms of this Agreement.
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OBLIGATION OF TRANSFEREE. No Common Shares may be sold, transferred or issued in any event unless the Person receiving the Common Shares has agreed to be bound by the terms of this Agreement.
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OBLIGATION OF TRANSFEREE. (1) Transferee shall pay transferor RMB two million as royalty by installment plan as follows: 50% will be charged on March 15th in the first stage; 50% will be charged on April 15th in the second stage. Two parties shall agree as follows: a. Transferee shall pay RMB one million to transferor within two and a half months after this contract takes effect.
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OBLIGATION OF TRANSFEREE. Any transferee of the Warrants shall execute a copy of this agreement as a condition to such transfer.
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OBLIGATION OF TRANSFEREE. Any Transferee, irrespective of whether such Transferee has accepted and adopted in writing the terms and provisions of this Agreement, shall be deemed by the acceptance of such Transfer to have agreed to be subject to the terms and provisions of this Agreement in the same manner as its transferor.
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OBLIGATION OF TRANSFEREE. A transferee who takes Shares of Company Common Stock under any provision of this Section, or by descent, devise or operation of law, shall take and hold such shares of Company Common Stock subject to this Agreement and must execute a counterpart of this Agreement. Delay or failure by the Company or any other party hereto to require compliance with the preceding sentence shall not constitute a waiver of such party's rights with respect thereto and shall not constitute a waiver of the restrictions imposed hereunder on any such transferee of the shares of Company Common Stock acquired by him or her. Upon (i) the transfer of shares of Company Common Stock pursuant to this Section, or by descent, devise or operation of law, and (ii) the delivery of such counterpart, such transferee shall become and be a party to this Agreement, shall be bound by all of the provisions hereof applicable to such transferee's transferor and shall have all of the rights of such transferor (to the extent of the shares of Company Common Stock so transferred) hereunder immediately prior to such transfer. The shares of Company Common Stock so transferred pursuant to this Section, or by descent, devise or operation of law, shall be subject to all of the terms and restrictions to which such shares of Company Common Stock were subject immediately prior to such transfer.
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Related to OBLIGATION OF TRANSFEREE

  • Registration of Transfer The Warrant Agent shall register the transfer, from time to time, of any outstanding Warrant upon the Warrant Register, upon surrender of such Warrant for transfer, properly endorsed with signatures properly guaranteed and accompanied by appropriate instructions for transfer. Upon any such transfer, a new Warrant representing an equal aggregate number of Warrants shall be issued and the old Warrant shall be cancelled by the Warrant Agent. The Warrants so cancelled shall be delivered by the Warrant Agent to the Company from time to time upon request.

  • 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.

  • Conditions of Transfer With respect to any Performance Share Units awarded to Employee, as a condition of Employee receiving a transfer of corresponding Common Shares in accordance with paragraph 4 above, Employee shall meet all of the following conditions during the entire period from the Grant Date hereof through the Distribution Date relating to such Performance Share Units: (a) Employee must continue to be an active employee of the Company (“Continuous Employment”); (b) Employee must refrain from Engaging in Competition (as defined in Section 2.25 of the Plan) without first having obtained the written consent thereto from the Company (“Non-competition”); and (c) Employee must refrain from committing any criminal offense or malicious tort relating to or against the Company or, as determined by the Committee in its discretion, engaging in willful acts or omissions or acts or omissions of gross negligence that are or potentially are injurious to the Company’s operations, financial condition or business reputation. (“No Improper Conduct”). The Company’s determination as to whether or not particular conduct constitutes Improper Conduct shall be conclusive. If Employee should fail to meet the requirements relating to (i) Continuous Employment, (ii) Non-competition, or (iii) No Improper Conduct, then Employee shall forfeit the right to receive a distribution of any Performance Share Units for which the above conditions of transfer have not already been met as of the time such failure is determined, and Employee shall accordingly forfeit the right to receive the transfer of title to any corresponding Common Shares. The forfeiture of rights with respect to Performance Share Units (and corresponding Common Shares) shall not affect the rights of Employee with respect to any Performance Share Units for which the above conditions of transfer already have been met nor with respect to any Common Shares the title of which has already been transferred to Employee’s Account.

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

  • 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.