Common use of Limitations on Free Transferability Clause in Contracts

Limitations on Free Transferability. The right to Transfer of a Participant in paragraph 12.1. shall be subject to the following terms and conditions: (a) No transferee of all or any part of the interest of a Participant in this Agreement, any Participating Interest or the Assets shall have the rights of a Participant unless and until the transferring Participant has provided to the other Participant notice of the Transfer and, except as provided in paragraphs 12(f) and (g), the transferee, has committed in writing to be bound by this Agreement, as of the effective date of the transfer, to the same extent as the transferring Participant;

Limitations on Free Transferability. The Transfer right to Transfer of a -------------------------------------- Participant in paragraph 12.1. Section 15.1 shall be subject to the following terms and conditions: (a) No transferee of all or any part of the interest of a Participant in this Agreement, any Participating Interest Interest, or the Assets shall have the rights of a Participant unless and until the transferring Participant has provided to the other Participant notice of the Transfer andTransfer, and except as provided in paragraphs 12(fSections 15.2(g) and (g15.2(h), the transferee, as of this effective date of the Transfer, has committed in writing to be bound by this Agreement, as of the effective date of the transfer, Agreement to the same extent as the transferring Participant;

Limitations on Free Transferability. The Transfer right to Transfer of a Participant in paragraph 12.1. Section 16.1 shall be subject to the following terms and conditions: (a) No transferee of all or any part of the interest of a Participant in this Agreement, any Participating Interest Interest, or the Assets shall have the rights of a Participant unless and until the transferring Participant has provided to the other Participant notice of the Transfer andTransfer, and except as provided in paragraphs 12(fSections 16.2(g) and (g16.2(h), the transferee, as of the effective date of the Transfer, has committed in writing to be bound by this Agreement, as of the effective date of the transfer, Agreement to the same extent as the transferring Participant;