Exit Transfer definition

Exit Transfer has the meaning ascribed to such term in Section 3(b)(i).
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Exit Transfer has the meaning set forth in Section 6.1(a).
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Exit Transfer shall have the meaning set forth in Section 9.3(a).
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Examples of Exit Transfer in a sentence

  • The certificates or other instruments evidencing the Common Stock Transferred pursuant to the Exit Transfer shall be duly endorsed for transfer, and delivered on such closing date against payment for the purchase price of such Common Stock, together with all other documents which are necessary to effect such Transfer.

  • Any documented and reasonable costs and expenses incurred directly in connection with the Exit Transfer by the Exiting Holders shall be paid out of the gross proceeds of the Exit Transfer to the extent permissible by the terms and conditions of such Exit Transfer, and, if so permissible, no Drag-Along Holder shall have any direct liability for any such costs and expenses.

  • This Agreement shall terminate upon the first to occur of (a) execution of a written agreement to such effect by the Company and each Investor that remains a party hereto at the time of such execution, (b) upon the closing of an Initial Public Offering or (c) the closing of a transaction that would constitute an Exit Transfer.

  • In the event that this Agreement has been terminated as permitted under Section 3 or Section 13, no further payments that have not yet accrued under Section 6 shall become due following the effective date of such termination.

  • No Drag-Along Holder shall be required to agree to any restrictive covenant in connection with any Exit Transfer.

  • Each Non-Selling Holder exercising these “tag-along rights” is referred to as a “Tag-Along Holder.” The Exiting Holders shall attempt to obtain inclusion in the Partial Exit Transfer of the entire number of shares of Common Stock which the Tag-Along Holders beneficially own and are seeking to include.

  • Accordingly, if TUPE applies on an Exit Transfer the provisions of this Appendix shall apply.

  • If an Exit Transfer is a relevant transfer for the purposes of TUPE then, in such event, UCL or a Replacement Service Provider would inherit liabilities in respect of the Exit Transferring Employees.

  • If to do so would place Provider in breach of an Exit Transfer Contract, Provider will provide such copies as soon as it is able to do so without such breach.

  • Exit Transfer Manager: has the meaning ascribed to it in paragraph 3.1 of Schedule 8.


More Definitions of Exit Transfer

Exit Transfer has the meaning given in clause 11.3;
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Related to Exit Transfer

  • credit transfer means a payment service for crediting a payee’s payment account with a payment transaction or a series of payment transactions from a payer’s payment account by the payment service provider which holds the payer’s payment account, based on an instruction given by the payer;

  • Approved Transferee means (a) a “qualified institutional buyer” (“QIB”) as defined in Rule 144A promulgated under the Securities Act that is a financial institution or commercial bank having capital and surplus of $5,000,000,000 or more, (b) an affiliate of the Funding Lender, or (c) a trust or custodial arrangement established by the Funding Lender or one of its affiliates the beneficial interests in which will be owned only by QIBs.

  • Non-Transfer Event means any event or other changes in circumstances other than a purported Transfer, including, without limitation, any change in the value of any Shares.

  • Permitted Transfer has the meaning set forth in Section 10.02.

  • Exempt Transfer means, in relation to shares held by a member: