Transfers Permitted Sample Clauses
Transfers Permitted. In the event that Tenant wishes to sublet the premises or assign this Lease, in whole or in part, Tenant shall forthwith notify Landlord in writing of Tenant's desire to sublet the Premises or assign this Lease, including a summary of the proposed terms, or a copy of any offer, as the case may be. Landlord shall have fifteen (15) days within which to accept or reject said assignment or sublease. Any proposed sublease or assignment not specifically disapproved by Landlord, in writing and specifying all reasons for such disapproval and delivered to Tenant within said fifteen (15) days, shall be deemed approved. The foregoing limitation notwithstanding, Landlord acknowledges that Tenant is a wholly owned subsidiary of Rock Bottom Restaurants, Inc., the shares of which are publicly traded. Sales of stock via public trading shall not be deemed a "sale, transfer or other disposition" within the meaning of this Article 11. Further, Tenant may sublet all or any portion of the Leased Premises, or assign this Lease, to any corporation or other entity which is a subsidiary of, or fifty percent (50%) or more of whose shares are owned by Tenant or Rock Bottom Restaurants, Inc., without the consent of Landlord. In the event of such a transfer, Tenant will notify Landlord of the name, address and phone number of the sublessee or assignee. In addition, in the event of such a transfer, Tenant and Guarantor shall remain liable to Landlord under the terms of this Lease for the performance by the sublessee or assignee. Any assignment, subletting, mortgaging or hypothecation permitted hereunder or to which the Landlord has consented shall be by written instrument under which the assignee or sublessee shall agree for the benefit of Landlord to be bound by and to perform this Lease.
Transfers Permitted. Any Member may Transfer all, or any portion of, its Membership Interest to one or more Successors, subject to the prior written approval of the Commissioner and the approval of the majority of the Members. If the necessary approval is not received from the Commissioner and the majority of the Members then the transfer may not take place and the insurance coverage provided to the Successors will be terminated within 90 days of the change in ownership of the Member to the Successor.
Transfers Permitted. The Member may transfer its interest in the Company to any person, and any transferee will succeed to the rights of the transferring Member and will become a Member of the Company.
Transfers Permitted. The Stockholder may sell, transfer, assign, pledge, or otherwise dispose of, or enter into any contract, option or other arrangement or understanding with respect to the sale, transfer, assignment or other disposition of, the Shares or any interest contained therein, free from obligations on the transferee, assignee, or pledgee under this Agreement; provided, however, the Stockholder shall not be released from its obligations under Section 1 to the extent that the Stockholder retains voting rights over such Shares.
Transfers Permitted. By giving written notice to the Company, a Holder may assign the right to require the Company to Register Registrable Securities under this Agreement to any transferee in connection with a transfer of Securities or Registrable Securities by the Holder upon complying with all of the provisions of this Article 10, unless the Company waives such compliance in its discretion.
Transfers Permitted. No transfer of contributions invested in an SSQ LIRA is permitted in consideration of the rules applicable to LIRAs, Alberta-LIRAs, Ontario- LIRAs, LRSPs and RLSPs according to applicable pension legislation, except if it is to permit the contractholder to transfer them to a plan in accordance with this legislation and the Income Tax Act (Canada), that is to one of the plans mentioned immediately hereafter: • a Registered Pension Plan (RPP) subject to the provisions set out under applicable pension legislation: in Newfoundland, and Labrador, in Nova Scotia, in New Brunswick, in Quebec, in Ontario, in British Columbia, in Manitoba, in Saskatchewan, and according to federal pension legislation; • a Supplemental Pension Plan (SPP) governed by an act emanating from a legislative authority other than the Parliament of Quebec and granting entitlement to a deferred pension: in Quebec; • an SPP established by an act emanating from the Parliament of Quebec or from another legislative authority: in Quebec; • the non-DC RIA portion of a plan on a locked-in basis: in Alberta; • a defined contribution retirement income account DC RIA: in Alberta; • another ▇▇▇▇, ▇▇▇▇▇▇▇-LIRA, Ontario-LIRA or LRSP: in Newfoundland and Labrador (LIRA), in Nova Scotia (LRSP), in New Brunswick (LIRA), in Quebec (LIRA), in Ontario (Ontario-LIRA), in Manitoba (LIRA), in Saskatchewan (LIRA), in Alberta (Alberta-LIRA), in British Columbia (LRSP), and according to federal pension legislation (LRSP) (non applicable if the assets are from an RLSP); • an RLSP: according to federal pension legislation (applicable only to RLSPs); • an RLIF: according to federal pension legislation; • an LRIF: in Newfoundland and Labrador; • an LIF: in Newfoundland and Labrador, in Nova Scotia, in New Brunswick, in Quebec, in Ontario, in Manitoba, in Alberta, in British Columbia, and according to federal pension legislation (non applicable if the assets are from an RLSP); • an PRRIF: in Saskatchewan; • a life annuity contract that meets the requirements of applicable pension legislation and of the Income Tax Act (Canada): in Newfoundland and Labrador, in Nova Scotia, in New Brunswick, in Quebec, in Ontario, in Manitoba, in Saskatchewan, in Alberta, in British Columbia, and according to federal pension legislation; • any other plan or vehicle authorized under applicable pension legislation: in Newfoundland and Labrador, in Nova Scotia, in New Brunswick, in Quebec, in Ontario, in Manitoba, in Saskatchewan, in Alberta, ...
Transfers Permitted. No transfer of contributions invested in an SSQ PRRIF is permitted in consideration of the rules applicable to PRRIFs according to applicable pension legislation, except if it is to permit the contractholder to transfer them to a plan in accordance with this legislation and the Income Tax Act (Canada), that is to one of the plans mentioned immediately hereafter: • a Registered Pension Plan (RPP) subject to the provisions set out under applicable pension legislation: in Saskatchewan; • an LIRA: in Saskatchewan; • an PRRIF: in Saskatchewan; • a life annuity contract that meets the requirements of applicable pension legislation and of the Income Tax Act (Canada): in Saskatchewan; • any other plan or vehicle authorized under applicable pension legislation: in Saskatchewan. The property in the SSQ PRRIF first have to be transferred to an LIRA before it can be transferred to pension fund of a registered pension plan. The Income Tax Act (Canada) does not however permit the transfer of amounts to an LIRA after December 31 of the year during which the contractholder turns age 71 or any other age limit stipulated under the Income Tax Act (Canada).
Transfers Permitted. Lender may make a Transfer (a "Permitted Transfer") to any Person provided that (i) such Transfer is made in compliance with the Act and any applicable state securities laws and (ii) such Transfer is of an amount of the Loan equal to or greater than Two Million Dollars ($2,000,000). Each transferee shall make to Borrower the representations and warranties set forth in Section 3.1. Borrower shall cooperate in connection with any such Permitted Transfer. Upon any Permitted Transfer, the transferee shall, to the extent of such Transfer, be entitled to exercise the rights of the Lender making such Transfer and shall thereafter be deemed a "Lender" under this Agreement.
Transfers Permitted. At any time when the Company has only a single Member, the Member may transfer his interest in the Company at such time and in such manner as the Member may desire, provided such transfer is reflected in a written instrument signed by the Member. Upon the death or disability of a person who is the single Member of the Company, his successor(s) in interest shall automatically become a Member(s) with full voting rights and shall succeed to the interest of the deceased or disabled single member upon signing a counterpart to this Agreement, which shall constitute an agreement between such single member and the Assignee(s) as contemplated by the second sentence of Section 506(1) of the Act. Regardless of whether any such assignee signs this Agreement or any counterpart thereof, any person acquiring an interest in the Company shall be bound by the terms and provisions of this Agreement, as it may be amended from time to time.
Transfers Permitted. Nothing in this Agreement shall be deemed to prohibit, restrict or in any way limit Stockholder's right to Transfer any securities of the Parent beneficially owned by Stockholder.