Restriction of Transfer Sample Clauses
A Restriction of Transfer clause limits the ability of a party to sell, assign, or otherwise transfer their rights or interests under an agreement. Typically, this clause requires the consent of the other party before any transfer can occur, or it may specify certain conditions under which transfers are permitted, such as transfers to affiliates or in connection with a merger. The core function of this clause is to maintain control over who holds rights or obligations under the contract, thereby preventing unwanted or unapproved parties from becoming involved and protecting the original parties’ interests.
Restriction of Transfer. Notwithstanding the provisions of Article 7 a Contracting Party may prevent temporary a transfer through the equitable, non-discriminatory and good faith application of the national legislation after prior notification of the other Contracting Party relating to:
1) bankruptcy, insolvency or protection of the rights of creditors;
2) issuing, trading or dealing with securities;
3) maintenance of execution of orders or judgments in judicial or administrative processes;
4) accepting the protective measures for the necessary period of time in exclusive circumstances as serious difficulties with the balance of payments, external financial difficulties without violating the Articles of Agreement regarding movement of capital of the International Monetary Fund, adopted on 22 July 1944 at Bretton ▇▇▇▇▇.
Restriction of Transfer. This Award Agreement may not be sold, pledged or otherwise transferred without the prior written consent of the Committee.
Restriction of Transfer. Parent understands that the securities must be held indefinitely unless they are subsequently registered under the Securities Act or an exemption from such registration is available. Parent understands that the certificate evidencing the securities will be imprinted with a legend that prohibits the transfer of the securities unless they are registered.
Restriction of Transfer. 5.2.1 Each Party shall sell, transfer, assign, pledge, or otherwise dispose off ("Transfer") its Shares in the Company only in accordance with this Agreement. The Board and /or the Company shall not register any Transfer unless such Transfer is made in accordance with this Agreement.
Restriction of Transfer. Each Securityholder agrees that it will not in any way transfer any Securities, whether voluntarily or by operation of law, except by a transfer made in compliance with this Agreement. Any purported transfer in violation of any provision of this Agreement will be void and will not operate to transfer any interest or title in such Securities to the purported transferee, and will give the Company and the other Securityholders an option to purchase such Securities in the manner and on the terms and conditions provided in this Agreement. Each Securityholder agrees that it will not create or permit to exist any lien, claim or encumbrance at any time on any of its Securities subject to this Agreement, other than the encumbrance created by this Agreement. Notwithstanding anything herein to the contrary, neither AHC nor ZNC may assign, transfer or sell any Securities, or any right or interest in or to any Securities, from the date hereof through the expiration of the Put/Call Period (as defined below) (i.e. 3 years and 90 days from the date hereof) without the consent of the other, except transfers to a wholly-owned subsidiary of AHC during the one year period following the date hereof and thereafter to an 80% or more owned subsidiary of AHC, which must remain an 80% or more owned subsidiary of AHC throughout the term of this Agreement.
Restriction of Transfer. This Award Agreement may not be sold, pledged, or otherwise transferred without the prior written consent of the Committee. Notwithstanding the foregoing, the Participant may transfer this Award (i) by instrument to an inter vivos or testamentary trust (or other entity) in which each beneficiary is a permissible gift recipient, as such is set forth in subsection (ii) of this Section, or (ii) by gift to charitable institutions or by gift or transfer for consideration to any of the following relatives of the Participant (or to an inter vivos trust, testamentary trust or other entity primarily for the benefit of the following relatives of the Participant): any child, stepchild, grandchild, parent, stepparent, grandparent, spouse, former spouse, domestic partner, ▇▇▇▇▇▇▇, niece, nephew, mother-in-law, father-in-law, son-in-law, daughter-in-law, brother-in-law, or sister-in-law, and shall include adoptive relationships. Any transferee of the Participant's rights shall succeed and be subject to all of the terms of this Award Agreement and the Plan.
Restriction of Transfer. Regardless of whether the transfer or issuance of the Shares to be issued pursuant to the vesting of PRSUs has been registered under the Securities Act or has been registered or qualified under the securities laws of any state, the Company may impose additional restrictions upon the sale, pledge, or other transfer of the Shares (including the placement of appropriate legends on stock certificates and the issuance of stop-transfer instructions to the Company’s transfer agent) if, in the judgment of the Company and the Company’s counsel, such restrictions are necessary in order to achieve compliance with the provisions of the Securities Act, the securities laws of any state, or any other law.
Restriction of Transfer. The Platform shall not transfer funds or financial instruments from the Clients´ asset or nominee account to any other account without the prior order or consent of the Client.
Restriction of Transfer. No transfer or other disposition of shares of capital stock of the Corporation owned by any Shareholder shall be made by any Shareholder in contravention of the terms of this Agreement. Dispositions of shares governed by this Agreement shall include any transfer, gift, sale, assignment, pledge, hypothecation or other disposition of shares of Stock, with the exceptions provided in Section 2.6 of this Agreement. Any disposition of shares of Stock made in contravention of this Agreement shall be null, void and of no effect. The Corporation shall not take any action to effectuate any disposition of Stock in contravention of this Agreement and shall not record any such transfer on the books of the Corporation.
Restriction of Transfer. This Award Agreement may not be sold, pledged, or otherwise transferred without the prior written consent of the Compensation Committee. Notwithstanding the foregoing, the Participant may transfer this Award (i) by instrument to an inter vivos or testamentary trust (or other entity) in which each beneficiary is a permissible gift recipient, as such is set forth in subsection (ii) of this Section, or (ii) by gift to charitable institutions or by gift or transfer for Stock Appreciation Rights Award Commerce Energy Group, Inc. 2006 Stock Incentive Plan consideration to any of the following relatives of the Participant (or to an inter vivos trust, testamentary trust or other entity primarily for the benefit of the following relatives of the Participant): any child, stepchild, grandchild, parent, stepparent, grandparent, spouse, former spouse, domestic partner, s▇▇▇▇▇▇, niece, nephew, mother-in-law, father-in-law, son-in-law, daughter-in-law, brother-in-law, or sister-in-law, and shall include adoptive relationships. Any transferee of the Participant’s rights shall succeed and be subject to all of the terms of this Award Agreement and the Plan.