Common use of Completion of Transfer Clause in Contracts

Completion of Transfer. Except in connection with or following an Initial IPO, the completion of any transfer of Shares under this Agreement shall be made in accordance with the following terms: 17.2.1 the purchaser shall not be a Restricted Person; 17.2.2 the seller shall deliver to the purchaser a draft notarial deed of transfer to be promptly and duly executed before a Dutch civil-law notary in favour of the purchaser and a certified copy of any authority under which such transfer will be executed; 17.2.3 the purchaser shall cooperate with respect to such deed of transfer; 17.2.4 the purchaser shall pay the aggregate transfer price in respect of the relevant Shares to the seller by banker’s draft for value on the date of completion or in such other manner as the purchaser and the seller may agree prior to completion; 17.2.5 the purchaser shall (if it is not already a party to this Agreement) enter into a Deed of Adherence substantially in the form set out in schedule 8; and 17.2.6 the seller shall do all such other acts and execute all such other documents in a form satisfactory to the purchaser as the purchaser may reasonably require to give effect to the transfer of Shares to it.

Appears in 3 contracts

Sources: Shareholder Agreements (Mondelez International, Inc.), Shareholder Agreements (Mondelez International, Inc.), Shareholders’ Agreement (Mondelez International, Inc.)