Transfer to Transferee Sample Clauses

The "Transfer to Transferee" clause defines the conditions and process by which rights, obligations, or interests under an agreement may be transferred from one party (the transferor) to another (the transferee). Typically, this clause outlines any required consents, notifications, or qualifications that the transferee must meet before the transfer is effective. For example, it may specify that the transferee must be approved by the original counterparty or that certain documentation must be completed. The core function of this clause is to provide a clear framework for the assignment or transfer of contractual interests, thereby preventing disputes and ensuring that all parties are aware of and agree to any changes in the parties involved.
Transfer to Transferee. If the Company or any assignee exercises its Purchase Option hereunder, then the Escrow Holder, upon receipt of written notice of such option exercise from the proposed transferee, shall take all steps necessary to accomplish such transfer.
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Transfer to Transferee. If, within thirty (30) days from the date of service of the Transfer Notice upon the Trustee, the Non-Transferring Shareholders have not elected to purchase all the Shares of the Transferring Shareholder on the terms and conditions set forth in the Transfer Notice, the Transferring Shareholder may then transfer the Shares free of the provisions and restrictions of this VTA to the proposed transferee, but only at the price and upon the terms and conditions set forth in the Transfer Notice.
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Transfer to Transferee. If the Company has not elected to purchase all of the Offered Shares, the Stockholder may sell the portion of the Offered Shares not acquired by the Company within twenty (20) business days of the date the Transfer Notice was received by the Company, PROVIDED, HOWEVER, that any such sale is in accordance with all the Offered Terms and Conditions (or otherwise on terms and conditions of the transaction no more favorable to the Transferee than the terms and conditions on which the Offered Shares were proposed to be sold to the Company, as set forth in the Transfer Notice); and PROVIDED, FURTHER, that if the Transfer is made in a private placement to a purchaser or purchasers known to the Stockholder, the Transferee in such sale agrees with the Company and the Stockholder that the Shares held by such Transferee shall continue to be subject to the terms and restrictions of this Agreement and that the Transferee shall become a party to this Agreement and be subject to the rights and restrictions of a Stockholder hereunder. If the Stockholder does not consummate the sale of the Offered Shares to the Transferee within said twenty (20) business day period, the Offered Shares (or such portion thereof not acquired by the Company) will thereafter again be subject to this SECTION 4.
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Transfer to Transferee. If the Company and the Subscribing Shareholders, in the aggregate, have not elected to purchase all of the Offered Shares, the Company shall give written notice to that effect to the Transferor and all Subscribing Shareholders, the subscriptions of the Company and each of the Subscribing Shareholders shall automatically be void, and, subject to the provisions of Section 5 of this Agreement, the Transferor may sell the Offered Shares to the Transferee, provided, that the sale is consummated within 60 days of the date the Transfer Notice was received by the Company, and provided, further, that the sale is in accordance with all the Offered Terms and Conditions (or otherwise on terms and conditions of the transaction no more favorable to the Transferee than the terms and conditions on which the Offered Shares were proposed to be sold to the Company or the Other Shareholders, as set forth in the Transfer Notice) and upon the terms and conditions set forth in this Agreement. If the Transferor does not consummate the sale of the Offered Shares to the Transferee within said 60 day period, the Offered Shares will thereafter again be subject to this Section 4.
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Transfer to Transferee. If the Company and the Subscribing Shareholders, in the aggregate, have not elected to purchase all of the Offered Shares, the Company shall give written notice to that effect to the Transferor and all Subscribing Shareholders, the subscriptions of the Company and each of the Subscribing Shareholders shall automatically be void, and, subject to the
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Related to Transfer to Transferee

  • Refusal to Transfer The Company shall not be required (i) to transfer on its books any Shares that have been sold or otherwise transferred in violation of any of the provisions of this Agreement or (ii) to treat as owner of such Shares or to accord the right to vote or pay dividends to any purchaser or other transferee to whom such Shares shall have been so transferred.

  • Right to Transfer The Purchaser shall have the right to sell or otherwise transfer the Subject Shares at any time in its sole discretion, subject to the transfer restrictions contained in Section 2.02 of the Purchase Agreement. Upon the transfer of the Subject Shares by the Purchaser to any third party (other than a transfer to an Affiliate of the Purchaser in which case such Subject Shares shall remain subject to this Agreement) such Subject Shares shall no longer be subject to this Agreement; provided, however, in connection with an Excluded Transfer: (a) of the type specified in clause (1) of the definition of Excluded Transfer, the Subject Shares shall remain subject to this Agreement until such time as the Fund, upon the request of the Purchaser, enters into a voting arrangement satisfying Section 12(d)(1)(E)(iii) of the 1940 Act; (b) of the type specified in clauses (3) or (4) of the definition of Excluded Transfer, to the extent the Purchaser retains the right to vote or direct voting in connection with such transactions, the Subject Shares shall remain subject to this Agreement until such time as there is a default by the Purchaser under such repurchase transaction or collateral pledge arrangement; and (c) of the type specified in clauses (3) or (4) of the definition of Excluded Transfer, to the extent the Purchaser does not retain the right to vote or direct voting of such Subject Shares in such transactions, such transactions do not permit the removal of the Subject Shares’ rights transferred to the Voting Trust pursuant to this Agreement within the first 60 days of closing of such transferee becoming the Beneficial Owner of such Subject Shares unless there is a default by the Purchaser under such repurchase transaction or collateral pledge arrangement.

  • Consent to Transfer (1) If the Land sold is leasehold, this contract is subject to any necessary consent to the transfer of the lease to the Buyer being obtained by the Settlement Date. (2) The Seller must apply for the consent required as soon as possible. (3) The Buyer must do everything reasonably required to help obtain this consent.

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

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