![]() ![]() Voluntary Termination means, subject to the provisions of Section 11 hereof, the Executive’s voluntary termination of his employment hereunder, which may be effected by the Executive giving the Board not less than sixty (60) days’ prior written notice of the Executive’s desire to terminate his employment as of a specified date or the Executive’s failure to provide the services described in Section 3 hereof for a period greater than four consecutive weeks by reason of the Executive’s voluntary refusal to perform such services as determined by the Board. Termination Upon a Change in Control means (i) a termination by the Employee of the Employee’s employment with the Employer or Avocent within six (6) months following any “Change in Control” or (ii) any termination by the Employer or Avocent Corporation of the Employee’s employment with the Employer or Avocent(other than a Termination for Cause) within eighteen (18) months following any “Change in Control.” ![]() Public conveyance means a conveyance that the public or a portion of the public has access to and a right to use for transportation, including an airline, railroad, bus, boat, or other public conveyance. Voluntary conveyance is a method of liquidation by which title to security is transferred to the Federal Government.Īfter vol- untary conveyance, the borrower or former owner retains no statutory, im- plied, or inherent right of possession to the property beyond those rights under an approved lease-purchase agreement executed according to § 766.154 or re- quired by State law.§ 766.354 Voluntary conveyance of chattel.įor the purposes of this report, counties are those actually served by the OPO and do not necessarily reflect CMS assignments. The property was acquired by a lender or third party at a foreclosure sale or Voluntary conveyance. Voluntary conveyance of real estate security to the Government when the borrower is released from personal liability, provided any other indebtedness owed to the agency is satisfied by any other method stated in this paragraph. Investors are becoming more watchful as they look to balance their need to invest with their exposure to rising yields. The property was acquired by a lender or third party at a foreclosure sale or ![]() Voluntary conveyance of the property in settlement of the obligation to the bank. Voluntary conveyance may be closed pending receipt of the note(s), and fore- closure may also be processed pending receipt of the note(s), unless the origi- nal note is required in connection with the foreclosure action.(b) Execution of documents. Voluntary conveyance of chattels will be accepted only when the borrower can convey ownership free of other liens and the borrower can be released from liability under the conditions set forth in§ 1955.10(f)(2) of this subpart. Examples of Voluntary conveyance in a sentence
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