Common use of Private Transfers Clause in Contracts

Private Transfers. Any Sponsor may Transfer any or all of such Sponsor's Shares to such Sponsor's Permitted Transferees and such transferee shall be deemed to be a Sponsor hereunder and shall deliver a signature page hereto agreeing to be bound hereby, simultaneously with the Transfer of such Shares. Any transferring Sponsor under this Section shall provide prompt written notice to the Company of any such Transfer, indicating its reliance on this provision and the identity and contact information of the Permitted Transferee.

Appears in 2 contracts

Sources: Investor Rights Agreement (Goamerica Inc), Investor Rights Agreement (Goamerica Inc)

Private Transfers. Any Sponsor may Transfer any or all of such Sponsor's ’s Shares to such Sponsor's ’s Permitted Transferees and such transferee shall be deemed to be a Sponsor hereunder and shall deliver a signature page hereto agreeing to be bound hereby, simultaneously with the Transfer of such Shares. Any transferring Sponsor under this Section shall provide prompt written notice to the Company of any such Transfer, indicating its reliance on this provision and the identity and contact information of the Permitted Transferee.

Appears in 1 contract

Sources: Investor Rights Agreement (Clearlake Capital Partners, LLC)