Common use of Lock-in Period Clause in Contracts

Lock-in Period. Notwithstanding anything contained in this Agreement, shall not transfer, sell, assign, pledge, create lien, mortgage, charge, otherwise encumber or part with the beneficial ownership of its shareholding to the extent of 51% wholly or in part to any third person or party for a period of ( ) years commencing from the Closing Date (“Lock- In- Period”).

Appears in 2 contracts

Sources: Investment Agreement, Investment Agreement