Restriction on Transfer, etc Sample Clauses
The 'Restriction on Transfer' clause limits or prohibits the ability of a party to transfer, assign, or otherwise dispose of their rights or interests under an agreement. Typically, this means that a party cannot sell, assign, or pledge their contractual rights or obligations to another party without prior written consent from the other party or parties involved. For example, in a shareholder agreement, this clause might prevent shareholders from selling their shares to outside parties without first offering them to existing shareholders. The core function of this clause is to maintain control over who is involved in the agreement, thereby protecting the interests of the original parties and preventing unwanted third parties from entering the contractual relationship.
Restriction on Transfer, etc. Unless it is expressly permitted in this Agreement, you will not sell, transfer, assign, mortgage, enter into a derivative transaction concerning, or otherwise deal in any way with your escrow securities or any related share certificates or other evidence of the escrow securities. If a Securityholder is a private company controlled by one or more principals (as defined in section 3.5 of the Policy) of the Issuer, the Securityholder may not participate in a transaction that results in a change of its control or a change in the economic exposure of the principals to the risks of holding escrow securities.
Restriction on Transfer, etc. Unless it is expressly permitted in this Agreement, you will not sell, transfer, assign, mortgage, enter into a derivative transaction concerning, or otherwise deal in any way with your escrow securities or any related share certificates or other evidence of the escrow securities. If a Securityholder is a private company controlled by one or more principals (as defined in section 3.5 of the Policy) of the Issuer, the Securityholder may not participate in a transaction that results in a change of its control or a change in the economic exposure of the principals to the risks of holding escrow securities. You may pledge, mortgage or charge your escrow securities to a financial institution as collateral for a loan, provided that no escrow securities or any share certificates or other evidence of escrow securities will be transferred or delivered by the Escrow Agent to the financial institution for this purpose. The loan agreement must provide that the escrow securities will remain in escrow if the lender realizes on the escrow securities to satisfy the loan. You may exercise any voting rights attached to your escrow securities.
Restriction on Transfer, etc. Unless it is expressly permitted in this Agreement, you will not sell, transfer, assign, mortgage, enter into a derivative transaction concerning, or otherwise deal in any way with your escrow securities or any related share certificates or other evidence of the escrow securities.
Restriction on Transfer, etc. Unless it is expressly permitted in this Agreement, you will not sell, transfer, assign, mortgage, enter into a derivative transaction concerning, or otherwise deal in any way with your escrow securities or any related share certificates or other evidence of the escrow securities. If a -6- Securityholder is a private company controlled by one or more principals (as defined in section 3.5 of the Policy) of the Issuer, the Securityholder may not participate in a transaction that results in a change of its control or a change in the economic exposure of the principals to the risks of holding escrow securities.
Restriction on Transfer, etc. The parties shall not transfer the contractual status of this Agreement and transfer all or part of the rights and obligations under this Agreement unless obtain prior written consent from the other party.
Restriction on Transfer, etc. Unless it is expressly permitted in this Agreement, you will not sell, transfer, assign, mortgage, enter into a derivative transaction concerning, or otherwise deal in any way with your escrow securities or any related share certificates or other evidence of the escrow securities. If a Securityholder is a private company controlled by one or more directors, officers or employees of Big Flash or a holder of securities in or securities exchangeable or convertible into voting securities of Big Flash carrying more than 10% of the votes attached to all outstanding voting securities of Big Flash (collectively, the "Principals"), the Securityholder may not participate in a transaction that results in a change of its control or a change in the economic exposure of the Principals to the risks of holding escrow securities. Notwithstanding the foregoing, upon receipt of a written request from a Securityholder, the disinterested directors of Big Flash (as defined below) may consent to a proposed transfer within escrow of escrow securities in the circumstances and on such terms and conditions as they, in their sole discretion, may deem appropriate provided beneficial ownership of the escrow securities proposed to be transferred shall remain with the Securityholder following the transfer.
Restriction on Transfer, etc. Unless it is expressly permitted in this Agreement, you will not sell, transfer, assign, mortgage, enter into a derivative transaction concerning, or otherwise deal in any way with your escrow securities or any related share certificates or other evidence of the escrow securities. If a Securityholder is a privatenot an individual (a “holding company”) and is controlled by one or more Principals of the Issuer, the Securityholder may not participate in a transaction that results in a change of its control or a change in the economic exposure of the Principals to the risks of holding escrow securities. Further, if escrow securities are held by a holding company, the Exchange will require that the holding company and the controlling securityholders of that holding company sign and deliver to the Exchange undertakings in the form set out in Schedule C to this Agreement, in which they agree not to permit or authorize any securities of the holding company to be issued or transferred, nor otherwise permit or authorize the holding company to carry out any transaction that could reasonably result in a change of control of the holding company, without the prior written consent of the Exchange.
Restriction on Transfer, etc. Unless it is expressly permitted in this Agreement, ▇▇▇▇▇▇▇▇▇▇ will not sell, transfer, assign, pledge, mortgage, charge, enter into a derivative transaction concerning, or otherwise deal in any way with the Escrowed Property or any related share certificates or other evidence of the Escrowed Property.
Restriction on Transfer, etc. Unless it is expressly permitted in this Agreement, you will not sell, transfer, assign, mortgage, enter into a derivative transaction concerning, or otherwise deal in any way with your pool securities or any related share certificates or other evidence of the pool securities. If a Securityholder is a private company controlled by one or more principals (as defined in applicable Securities Legislation) of the Issuer, the Securityholder may not participate in a transaction that results in a change of its control or a change in the economic exposure of the principals to the risks of holding pool securities.
Restriction on Transfer, etc. Except as otherwise provided herein, neither Licensor nor Licensee may assign its rights or obligations under this Agreement without the prior written consent of the other party, not to be unreasonably withheld. To expedite operations, notice shall be considered given and consent granted to any sublicense agreement prepared by the Licensee in which either ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇-▇▇▇▇▇ or ▇▇▇▇▇ A, ▇▇▇▇▇ are the signators on behalf of the Licensee. Notwithstanding the foregoing, the Licensee may assign this Agreement in connection with (i) a transfer to an Affiliate of all or any portion of the Licensed Technology, whether by sale, merger or otherwise; or (ii) the sale or transfer of all or substantially all of the Licensee's equity or assets, by merger, consolidation or otherwise, provided that the assignee shall agree in writing to be hound by the terms and conditions hereof prior to such assignment. Notwithstanding any other provision of this Agreement, the Licensee shall not have the right to encumber or grant a security interest in this Agreement or the rights acquired hereunder to any person, whether directly or indirectly, or otherwise, without the prior written consent of the Licensor.