Example ContractsClausesTransfer of Assets
Transfer of Assets
Transfer of Assets contract clause examples

Transfer of Plan Assets. Effective as of January 1, 1997, or as soon as administratively practicable thereafter, assets and liabilities from the trust fund for the KM Plan shall be transferred to the Trust Fund. All assets and liabilities transferred to the Plan from the trust fund for the KM Plan shall be administered in accordance with the generally applicable terms of the Plan, together with such other provisions that are applicable to former participants in the KM Plan ("KM Plan Participants") as set forth in this Appendix

Transfer of Plan Assets. Effective as of January 1, 2001, or as soon as administratively practicable thereafter, assets and liabilities from the trust fund for the Santa Fe Plan shall be transferred to the Trust Fund. All assets and liabilities transferred to the Plan from the trust fund for the Santa Fe Plan shall be administered in accordance with the generally applicable terms of the Plan, together with such other provisions that are applicable to former participants in the Santa Fe Plan ("Santa Fe Plan Participants") as set forth in this Appendix.

Transfer of Plan Assets. Effective as of November 1, 2000, or as soon as administratively practicable thereafter, assets and liabilities from the trust fund for the Pennz Plan shall be transferred to the Trust Fund. All assets and liabilities transferred to the Plan from the trust fund for the Pennz Plan shall be administered in accordance with the generally applicable terms of the Plan, together with such other provisions that are applicable to former participants in the Pennz Plan ("Pennz Plan Participants") as set forth in this Appendix.

Transfer of Assets. The Guarantor shall not transfer, assign, convey, grant, bargain, sell, set over, deliver or otherwise dispose of, or pledge or hypothecate, directly or indirectly, any interest in any asset to any Person other than the Administrative Agent for the benefit of the Secured Parties.

Transfer of Assets. The Company shall have delivered to Parent evidence in a form and substance reasonably satisfactory to Parent that # each piece of leased equipment set forth on [Schedule 9.3(f)] has been irrevocably transferred to the Company by Wright Equipment & Leasing, LLC and # each of the related lease agreements set forth on [Schedule 9.3(f)] have been terminated.

Transfer of Plan Assets. Effective as of March 1, 2002, or as soon as administratively practicable thereafter, assets and liabilities from the Mitchell Trust shall be transferred to the Trust Fund. All assets and liabilities transferred to the Plan from the Mitchell Trust shall constitute the beginning balances of the individual accounts in the Plan of the Members and shall be administered in accordance with the generally applicable terms of the Plan, together with such other provisions that are applicable to former participants in the Mitchell Savings Plan ("Mitchell Savings Plan Participants") as set forth in this Appendix.

Transfer of Plan Assets. Effective as of January 1, 2004, or as soon as administratively practicable thereafter, assets and liabilities from the trust fund for the Ocean Plan shall be transferred to the Trust Fund. All assets and liabilities transferred to the Plan from the trust fund for the Ocean Plan shall be administered in accordance with the generally applicable terms of the Plan, together with such other provisions that are applicable to former participants in the Ocean Plan ("Ocean Plan Participants") as set forth in this Appendix.

Transfer of Plan Assets. Effective as of December 18, 2009, or as soon as administratively practicable thereafter, assets and liabilities from the trust fund for the Thunder Creek Plan shall be transferred to the Trust Fund. All assets and liabilities transferred to the Plan from the trust fund for the Thunder Creek Plan shall be administered in accordance with the generally applicable terms of the Plan, together with such other provisions that are applicable to former participants in the Thunder Creek Plan ("Thunder Creek Plan Participants") as set forth in this Appendix.

Transfer of Assets. At least ten (10) Business Days prior thereto, with respect to any Specified Asset Sale; provided that such notice shall be provided at least fifteen (15) Business Days prior to any individual sale or transfer of assets pursuant to such provision the after-tax proceeds of which exceed 2% of TGI’s consolidated total assets at the start of the fiscal year in which such sale or transfer occurs;

Transfer of Assets. The Company will not and will not permit any Material Subsidiary to, directly or indirectly, Transfer any of its assets unless, after giving effect to such proposed Transfer, the Annual Percentage of Assets so Transferred is equal to or less than 10%; provided that the following Transfers shall not be taken into account for purposes of this [Section 10.3]:

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