Issue to Third Parties Clause Samples

The "Issue to Third Parties" clause governs the circumstances under which rights, obligations, or interests under an agreement may be transferred, assigned, or otherwise issued to entities that are not original parties to the contract. Typically, this clause outlines whether such transfers require prior written consent, are subject to certain conditions, or are outright prohibited. For example, it may allow a party to assign its rights to a subsidiary but restrict transfers to unrelated third parties. The core function of this clause is to control and limit the involvement of external parties, thereby protecting the interests of the original contracting parties and maintaining the intended structure of the agreement.
Issue to Third Parties. After the procedures set out in this clause 6 have been complied with and exhausted, if any Issue Securities have not been allocated (Remaining Securities), the Company may issue those Remaining Securities to one or more other parties selected by the Board, on terms no more favourable to that party than those offered to the Shareholders. If the Company does not issue all Remaining Securities within 90 days after the date of service of the Issue Notice, it may not issue those Securities without complying again with this clause 6.
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Issue to Third Parties. (a) If, after the procedures set out in this clause 21 have been complied with, any Issue Securities have not been allocated or issued pursuant to clause 21.5 (Remaining Securities), the Company may issue those Remaining Securities to one or more other parties selected by the Board, on terms no more favourable to that party than those offered to the Shareholders.
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Issue to Third Parties. After the procedures set out in this clause have been complied with and exhausted, if any Remaining Securities have not been accepted, the Company may issue those Remaining Securities to one or more other parties, on terms no more favourable to the other party than those offered to the Shareholders.
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Related to Issue to Third Parties

  • Disclosure to Third Parties The Company shall have the right to disclose to third parties, in whatever manner the Company may determine, the fact that this Agreement has been executed, the names of the parties to this Agreement and the terms hereof.

  • No Third Parties Nothing in this Agreement is intended to, nor shall it confer any rights on a third party.

  • Notice to Third Parties Licensee shall give written notice, prior to the first sale of Licensed Product, to any Third Party to which it sells Licensed Product of the restrictions contained in this Section 5, and Licensee shall use its best endeavors, without prejudice to any other provision of this Agreement, to ensure that such Third Parties will undertake to abide by the restrictions contained in this Section 5 and will assist the MPP and Pfizer in securing compliance with this Section 5 and the restrictions which it contemplates.

  • Sale to Third Party If the Company, after receiving the Sale Notice, fails to exercise its option as provided in Section 3.2, or if it declines to exercise the same, the Participant shall be entitled to transfer the Vested Shares to the third party on the terms contained in the Offer, and shall be entitled to have his Vested Shares transferred on the books of the Company, but only if the third party purchaser agrees to be bound by the terms of this Agreement applicable to Vested Shares. If the Participant fails to close the transfer of his Vested Shares within sixty (60) days after the option of the Company has expired or been waived, the restrictions contained in this Article III shall again apply and must be met prior to effecting any transfer of Vested Shares. Any transfer of Vested Shares by the Participant to any unaffiliated third party shall comply with all applicable securities laws, and the Company may refuse to transfer any Vested Shares unless it receives such assurance and opinions from legal counsel acceptable to the Company that any such transfer is in compliance with all applicable securities laws.

  • Liability to Third Parties The Member shall not be liable for the debts, obligations or liabilities of the Company, including under a judgment, decree or order of a court.