Timely Transfer Clause Samples

The Timely Transfer clause establishes the obligation for one party to transfer assets, funds, or documents to another party within a specified period. In practice, this clause sets clear deadlines for when the transfer must occur, such as delivering payment within 30 days of invoice receipt or transferring ownership of goods upon completion of certain milestones. Its core function is to ensure predictability and efficiency in transactions by preventing unnecessary delays and providing a clear timeline for the fulfillment of transfer-related obligations.
Timely Transfer. The successful candidate will be transferred to the posted position within thirty (30) working days of being awarded the position. If this cannot occur, the Company will notify the Union. Upon successful completion of the trial period, the candidate will be paid the wage increase that would have occurred had the employee been transferred at the thirty-day point, if applicable.
View SourceView Similar (6)
Timely Transfer. If the Company shall not exercise its first right of refusal as aforesaid, the Offering Shareholder shall be free to Transfer said Shares, however, such Transfer shall be made solely for the price, terms, or other consideration set forth in said notice and in accordance with the documents attached thereto. The Offering Shareholder shall provide reasonable evidence concerning the Transfer upon request, from time to time. If the Transfer is not so made, the Shares shall again be subject to all the restriction contained in this Agreement.
View Source

Related to Timely Transfer

  • Equity Transfer 1.1 Party B agrees to transfer the Relevant Equity Interest to Party A with each of the Party B transferring the all of the registered capital as set forth in the Attachment A. Party A agrees to accept such transfer. After the closing of the transfer, Party A is to hold a 100% equity stake in Party B. 1.2 As the consideration for the equity transfer, Party A shall pay each of the Party B the number of RMB Yuan setting forth in the Attachment A pursuant to Article A. 1.3 Party B agrees to the Equity Transfer under this Article, and is willing to and shall procure the other shareholders (other than Party B) of Party C to be willing to sign necessary documents including resolutions of shareholders’ meeting and letters on waiver of preemptive right to acquire the Relevant Equity Interest in respect thereof and assist in completing other necessary formalities for the Equity Transfer. 1.4 Party B and Party C shall be jointly and separately responsible for taking necessary actions, including but not limited to signing this Agreement, adopting the resolutions of shareholders’ meeting and the amendments to the articles of association etc., in order to achieve the transfer of equity interest from Party B to Party A, and responsible for completing all governmental approval or industrial and commercial registration formalities within ten working days from the sending of the notice of exercise by Party A in accordance with the provisions of the Equity Option Agreement to make Party A become the registered owner of such equity interest in the register.

  • Qualified Transferee Any Transfer of a Partnership Interest shall be made only to a single Qualified Transferee; provided, however, that, for such purposes, all Qualified Transferees that are Affiliates, or that comprise investment accounts or funds managed by a single Qualified Transferee and its Affiliates, shall be considered together to be a single Qualified Transferee; and provided, further, that each Transfer meeting the minimum Transfer restriction of Section 11.3.A(4) hereof may be to a separate Qualified Transferee.

  • Permitted Transferee 25 Person ......................................................................................25

  • Closing of Company Transfer Books At the Effective Time, the stock transfer books of Company shall be closed, and no transfer of Shares shall thereafter be made. If, after the Effective Time, certificates representing Shares are presented to the Surviving Corporation, they shall be canceled and exchanged for Merger Consideration applicable to such Shares.

  • Transferee Transfer Date (not earlier that the fifth Business Day after the date of delivery of the Transfer Certificate to the Agent):