TRANSFER TO THE DEVELOPER Clause Samples

The 'TRANSFER TO THE DEVELOPER' clause establishes the conditions under which ownership, rights, or responsibilities for a project, property, or intellectual property are formally handed over to the developer. Typically, this clause outlines the timing, required documentation, and any prerequisites—such as completion of certain milestones or payments—that must be met before the transfer occurs. Its core practical function is to clearly define when and how the developer assumes control, thereby preventing disputes and ensuring a smooth transition of rights or assets.
TRANSFER TO THE DEVELOPER. In the event either of the Lessees has not exercised its option to purchase the Premises in accordance with Section 10 hereof, so long as there is no uncured Event of Default by Developer hereunder, upon expiration of the Lease Term, the Premises shall be conveyed to Developer pursuant to a limited warranty deed in the manner set forth in Section 14 of the Project Agreement. Developer shall procure and pay for all surveys, title searches, abstracts, title policies and Developer's legal services that may be required by Developer, and shall furnish at the Developer’s expense all tax payments required for the transfer of title.
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TRANSFER TO THE DEVELOPER. 4.1. On the Transaction 2 Completion Date the Council will transfer to the Developer the Council’s freehold interest in the Swimming Pool Strip such transfer to be in the form of the draft transfer set out in Schedule 5. 4.2. On the Transaction 6 Completion Date the Council will transfer to the Developer the Council’s freehold interest in the Council Land such transfer to be in the form of the draft transfer set out in Schedule 10. 4.3. The Council will transfer the Swimming Pool Strip and the Council Land to the Developer with full title guarantee save that for the purpose of section 6(2)(a) of the Law of Property (Miscellaneous Provisions) ▇▇▇ ▇▇▇▇ all matters now recorded in the Registers open to public inspection are to be considered within the actual knowledge of the Developer. 4.4. Title to the Swimming Pool Strip shall comprise the following:- [ 4.5. Title to the Council Land shall comprise the following:- [ ] 4.6. Title to the Swimming Pool Strip and the Council Land having been deduced by the Council to the Developer or the Developer’s Solicitors prior to the date hereof the Developer shall be deemed thereby to have accepted such title and shall not be entitled to raise any requisition or objection in respect thereof. 4.7. The Swimming Pool Strip and the Council Land are sold subject to and (as appropriate) with the benefit of all and any of the following in existence at the date hereof and are considered to be within the actual knowledge of the Developer:- 4.7.1. all matters contained or referred to in the Disclosed Documents to the extent they are still subsisting and capable of being enforced or taking effect; 4.7.2. all matters capable of registration as local land charges or otherwise registrable by any competent authority or pursuant to statute or similar instrument whether or not so registered; 4.7.3. all notices served and all proposals requirements or agreements by or (as the case may be) with any competent authority or arising under statute; 4.7.4. all rights of way waters light air and other rights easements quasi easements liabilities and public rights whatsoever and to any liability to repair to contribute to the repair of roads ways passages sewers drains fences and other like matters and to all encumbrances of whatever nature whether or not apparent on inspection or disclosed in any of the documents referred to in this Agreement; 4.7.5. any unregistered interests which override registered dispositions under Schedule 3 of the Land Re...
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Related to TRANSFER TO THE DEVELOPER

  • Cooperation Prior to the Distribution (a) L-3 and Spinco shall prepare, and L-3 shall mail to the holders of L-3 Common Stock, the Information Statement, which shall set forth appropriate disclosure concerning Spinco, the Distribution and any other appropriate matters. L-3 and Spinco shall also prepare, and Spinco shall file with the Commission, the Form 10, which shall include the Information Statement. L-3 and Spinco shall use commercially reasonable efforts to cause the Form 10 to become effective under the Exchange Act. (b) L-3 shall cause L-3 Corp, as the sole shareholder of Spinco, to approve and adopt the Spinco employee benefit plans contemplated by the Employee Matters Agreement and L-3 and Spinco shall cooperate in preparing, filing with the Commission under the Securities Act and causing to become effective not later than the Distribution Date any registration statements or amendments thereto that are appropriate to reflect the establishment of or amendments to any employee benefit plan of Spinco contemplated by the Employee Matters Agreement, including a Form S-8 with respect thereto. (c) Spinco shall take all such action as may be necessary or appropriate under the securities or blue sky laws of states or other political subdivisions of the United States in connection with the transactions contemplated by this Agreement or any Ancillary Agreement. (d) Spinco shall prepare, file, and use all reasonable efforts to cause to be approved prior to the Record Date, the application to permit listing of the Spinco Common Stock on the NYSE.

  • DELIVERY: FOB DESTINATION, INSIDE DELIVERY, FREIGHT PAID Whenever possible, contractors should give the ordering entities 3 working days prior notice of any deliveries and/or installations. Furniture contractors will not be responsible for the removal/moving of existing furnishings unless requested by the ordering entity. Contractors should verify site readiness prior to delivery. All deliveries will be made during normal working hours unless otherwise arranged with the ordering entity. Contractor will communicate any scheduling delays and/or changes immediately. Agencies will not be responsible for any freight damage, concealed or otherwise.

  • Notice to the Company The Option shall be exercised in whole or in part by written notice in substantially the form attached hereto as Exhibit A directed to the Company at its principal place of business accompanied by full payment as hereinafter provided of the exercise price for the number of Option Shares specified in the notice.

  • Actions Prior to the Distribution Prior to the Effective Time and subject to the terms and conditions set forth herein, the Parties shall take, or cause to be taken, the following actions in connection with the Distribution:

  • Shareholder Account Maintenance (a) Maintain all shareholder records for each account in the Company. (b) Issue customer statements on scheduled cycle, providing duplicate second and third party copies if required. (c) Record shareholder account information changes. (d) Maintain account documentation files for each shareholder.