Common use of Consummation of Transfer Clause in Contracts

Consummation of Transfer. The Transfer of Shares to the proposed acquirer shall be completed at the agreed closing date [(but no later than within a period of months after the date of receipt of the Drag- Along Notice) by the Company] and otherwise in accordance with the proposed terms of the underlying agreement between the Relevant Selling Shareholder[s], [the other Shareholders] and the proposed acquirer.

Appears in 2 contracts

Sources: Shareholder Agreement, Shareholder Agreement

Consummation of Transfer. The Transfer of Shares to the proposed acquirer shall be completed at the agreed closing date [(but no later than within a period of ………. months after the date of receipt of the Drag- Drag-Along Notice) by the Company] and otherwise in accordance with the proposed terms of the underlying agreement between the Relevant Selling Shareholder[s], [the other Shareholders] and the proposed acquirer.

Appears in 1 contract

Sources: Shareholder Agreement