Transfer Conditions and Mechanisms Sample Clauses

Transfer Conditions and Mechanisms. (a) This Section 9.3 shall apply to all Transfers, including a Transfer under Article 8. (b) It shall be a condition precedent to each Transfer that: (i) where the transferee is not a Shareholder, the remaining Shareholders and the transferee shall execute a Deed of Adherence; (ii) if consent is required for such Transfer under the IFC Loan Agreement, such consent has been obtained; (iii) the transferee is permitted to hold the relevant Common Shares in accordance with Applicable Law, has provided all relevant information required by Applicable Laws and has obtained all necessary governmental and regulatory consents; (iv) the transferee establishes to the satisfaction of the non-Transferring Shareholders that it is a Qualified Buyer; (v) if the transferee is not a Shareholder, it becomes a party to the Shareholder Loan Agreement; and (vi) despite anything else contained herein, concurrently with the Transfer, the transferee takes an assignment of a proportionate amount of the Transferring Shareholder's Shareholder Loans. (c) Subject to Section 9.3(b)(vi), in the event that there is more than one Buyer, the Buyers may unanimously agree to allocate the Seller's Interest between them in any proportion.
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Related to Transfer Conditions and Mechanisms

  • Specific Conditions If applicable, specific conditions required after a risk assessment will be included in Exhibit G. Grantee shall adhere to the specific conditions listed therein.

  • Market Conditions Notwithstanding any provision of this Agreement to the contrary, settlement and payment for Foreign Assets received for the account of the Portfolios and delivery of Foreign Assets maintained for the account of the Portfolios may be effected in accordance with the customary established securities trading or processing practices and procedures in the country or market in which the transaction occurs, including, without limitation, delivering Foreign Assets to the purchaser thereof or to a dealer therefor (or an agent for such purchaser or dealer) with the expectation of receiving later payment for such Foreign Assets from such purchaser or dealer. The Custodian shall provide to each Board the information with respect to custody and settlement practices in countries in which the Custodian employs a Foreign Sub-Custodian described on Schedule C hereto at the time or times set forth on such Schedule. The Custodian may revise Schedule C from time to time, provided that no such revision shall result in a Board being provided with substantively less information than had been previously provided hereunder.

  • Prior Conditions Satisfied All conditions set forth in §10 shall continue to be satisfied as of the date upon which any Loan is to be made or any Letter of Credit is to be issued.

  • Actions to Satisfy Closing Conditions Each Party shall take all actions as are within its power and otherwise use its commercially reasonable efforts so as to ensure compliance with the conditions set forth in this Section 6.

  • Test conditions 6.1.1. The test shall be performed on a flat, dry concrete or asphalt surface affording good adhesion. 6.1.2. The ambient temperature shall be between 0°C and 45°C. 6.1.3. The horizontal visibility range shall allow the target to be observed throughout the test.