Transfer of the Equity Interest Clause Samples

Transfer of the Equity Interest. Subject to Section 1.3, when the Notice is issued, 1.5.1 Party B shall cause Party E or SPV (whichever is applicable), to promptly convene a shareholders’ meeting, at which a resolution shall be adopted approving the Sellers’ transfer of the Equity Interest to Party F; 1.5.2 Each of the Sellers shall execute a share transfer contract (the “Share Transfer Contract”) with respect to its transfer with Party F, in accordance with the provisions of this Agreement; 1.5.3 The relevant Parties shall execute all other necessary contracts, agreements or documents, obtain all necessary government licenses and permits (as applicable) and take all necessary actions, to transfer valid ownership of the Equity Interest to Party F, unencumbered by any security interest, and cause Party F to become the registered owner(s) of the Equity Interest. For the purpose of this section and this Agreement, “security interest” shall include security, mortgages, third party’s rights or interests, any stock option, acquisition right, right of first refusal, right to offset, ownership retention or other security arrangements, but shall be deemed to exclude any security interest created by this Agreement and the Share Pledge Agreement.
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Transfer of the Equity Interest. Upon effective of this Agreement, the Seller shall sign all the related legal documents requested by the Buyer.
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Transfer of the Equity Interest. Subject to Section 1.3, when Party A or an Affiliate of Party A issues the Notice, 1.5.1 Party B shall request that Party C promptly convene a shareholders’ meeting, at which a resolution shall be adopted approving Party B’s transfer of the Equity Interest to Party A or an Affiliate of Party A; 1.5.2 Party B shall execute a share transfer contract (the “Share Transfer Contract”) with respect to the transfer of the Equity Interest to Party A or an Affiliate of Party A in accordance with the provisions of this Agreement and the Notice regarding the Equity Interest; 1.5.3 The relevant Parties shall execute all other necessary contracts, agreements or documents, obtain all necessary government licenses and permits and take all necessary actions, to transfer valid ownership of the Equity Interest to Party A or an Affiliate of Party A, unencumbered by any security interest, and cause Party A or an Affiliate of Party A to become the registered owner of the Equity Interest. For the purpose of this section and this Agreement,
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Transfer of the Equity Interest. Each time Party A exercises the Purchase Right:
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Transfer of the Equity Interest. At the Call Closing and subject to the terms and conditions provided herein, Numonyx shall sell, transfer and deliver to Hynix, and Hynix shall receive and purchase from Numonyx, all right, title and interest of Numonyx in and to the Equity Interests (the “Equity Transfer”), free and clear of any Liens.
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Transfer of the Equity Interest transfer to the Purchaser, and the Purchaser shall purchase from the Seller the Equity Interest on terms and conditions set out in the agreement governing the transfer of the Equity Interest (the “Equity Transfer Agreement”) (the form of which is set out in Schedule x to this Agreement);
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Transfer of the Equity Interest. Subject to the terms and conditions hereof, Seller agrees to transfer to Purchaser its Equity Interest in Goldenway for the purchase price of US$50,000.00, having the full rights, preferences and privileges as provided under the laws of California, U.S.A., and as set forth in the Articles of Incorporation of Goldenway (the "Articles") attached hereto as Exhibit A.
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Transfer of the Equity Interest. The transfer of the Equity Interest will take place in the following three tranches:
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Transfer of the Equity Interest 
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Related to Transfer of the Equity Interest

  • Transfer of Optioned Interests For each exercise of the Equity Interest Purchase Option: 1.4.1 Party B shall cause Party C to promptly convene a shareholders’ meeting, at which a resolution shall be adopted approving Party B’s transfer of the Optioned Interests to Party A and/or the Designee(s); 1.4.2 Party B shall obtain written statements from the other shareholders of Party C giving consent to the transfer of the equity interest to Party A and/or the Designee(s) and waiving any right of first refusal related thereto; 1.4.3 Party B shall execute an equity interest transfer contract with respect to each transfer with Party A and/or each Designee (whichever is applicable), in accordance with the provisions of this Agreement and the Equity Interest Purchase Option Notice regarding the Optioned Interests; 1.4.4 The relevant Parties shall execute all other necessary contracts, agreements or documents, obtain all necessary government licenses and permits and take all necessary actions to transfer valid ownership of the Optioned Interests to Party A and/or the Designee(s), unencumbered by any security interests, and cause Party A and/or the Designee(s) to become the registered owner(s) of the Optioned Interests. For the purpose of this Section and this Agreement, “security interests” shall include securities, mortgages, third party’s rights or interests, any stock options, acquisition right, right of first refusal, right to offset, ownership retention or other security arrangements, but shall be deemed to exclude any security interest created by this Agreement, Party B’s Equity Interest Pledge Agreement and Party B’s Power of Attorney. “Party B’s Equity Interest Pledge Agreement” as used in this Agreement shall refer to the Interest Pledge Agreement executed by and among Party A, Party B and Party C on the date hereof and any modification, amendment and restatement thereto. “Party B’s Power of Attorney” as used in this Agreement shall refer to the Power of Attorney executed by Party B on the date hereof granting Party A with power of attorney and any modification, amendment and restatement thereto.

  • Transfer of the Property Any sale, lease, conveyance, assignment, pledge, encumbrance, or transfer of all or any part of the Property or any interest therein, voluntarily or involuntarily, whether by operation of law or otherwise, except: (i) sales or transfers of items of the Accessories which have become obsolete or worn beyond practical use and which have been replaced by adequate substitutes, owned by Mortgagor, having a value equal to or greater than the replaced items when new; and (ii) the grant, in the ordinary course of business, of a leasehold interest in a part of the Improvements to a tenant for occupancy, not containing a right or option to purchase and not in contravention of any provision of this Mortgage or of any other Loan Document. Mortgagee may, in its sole discretion, waive a default under this paragraph, but it shall have no obligation to do so, and any waiver may be conditioned upon such one or more of the following (if any) which Mortgagee may require: the grantee’s integrity, reputation, character, creditworthiness and management ability being satisfactory to Mortgagee in its sole judgment and grantee executing, prior to such sale or transfer, a written assumption agreement containing such terms as Mortgagee may require, a principal paydown on the Note, an increase in the rate of interest payable under the Note, a transfer fee, a modification of the term of the Note, and any other modification of the Loan Documents which Mortgagee may require. NOTICE - THE DEBT SECURED HEREBY IS SUBJECT TO CALL IN FULL IN THE EVENT OF SALE OR CONVEYANCE OF THE PROPERTY CONVEYED.

  • Transfer of the Shares Prior to the termination of this ---------------------- Agreement, except as otherwise provided herein, the Shareholder shall not: (i) transfer (which term shall include, without limitation, for the purposes of this Agreement, any sale, gift, pledge or other disposition), or consent to any transfer of, any or all of the Shares; (ii) enter into any contract, option or other agreement or understanding with respect to any transfer of any or all of the Shares or any interest therein; (iii) grant any proxy, power-of-attorney or other authorization or consent in or with respect to the Shares; (iv) deposit the Shares into a voting trust or enter into a voting agreement or arrangement with respect to the Shares, or (v) take any other action that would in any way restrict, limit or interfere with the performance of such Shareholder's obligations hereunder or the transactions contemplated hereby.

  • Transfer of Membership Interest The Sole Member may Transfer any part or all of its rights and interest (including, but not limited to, its Capital Account) in the Company (each a “Membership Interest”) now owned or hereafter acquired to any Person, and the transferee of such Membership Interest shall become a Member of the Company.

  • Transfer of Membership Interests (a) The Member may transfer its Membership Interest, in whole but not in part, but the transferee shall not be admitted as a Member except in accordance with Section 6.07. Until the transferee is admitted as a Member, the Member shall continue to be the sole member of the Company (subject to Section 1.02) and to be entitled to exercise any rights or powers of a Member of the Company with respect to the Membership Interest transferred. (b) To the fullest extent permitted by law, any purported transfer of any Membership Interest in violation of the provisions of this LLC Agreement shall be wholly void and shall not effectuate the transfer contemplated thereby. Notwithstanding anything contained herein to the contrary and to the fullest extent permitted by law, the Member may not transfer any Membership Interest in violation of any provision of this LLC Agreement or in violation of any applicable federal or state securities laws.