No Partial Transfers. Except in accordance with clause 15.1 (Permitted Transfers) and clause 19 (IPO), no Shares or Shareholder Loans shall be transferred unless all Shares or Shareholder Loans held by the relevant Shareholder and members of its Group are transferred concurrently to the same transferee.
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No Partial Transfers. Except Notwithstanding any other provisions of this agreement, except in accordance with clause 15.1 (Permitted TransfersTransfers to Wholly-owned Affiliates) and clause 19 (IPO), no Shares Disposal of any Share or Shareholder Loans Loan shall be transferred permitted unless all Shares or Shareholder Loans held by the relevant Shareholder and members of its Group are transferred concurrently to the same transferee.
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