Common use of Restriction on Transfer, etc Clause in Contracts

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.

Appears in 1 contract

Sources: Escrow Agreement (Chemokine Therapeutics Corp)

Restriction on Transfer, etc. Unless it is expressly permitted in this Agreement, you will Securityholders shall not sell, transfer, assign, mortgage, enter into a derivative transaction concerning, or otherwise deal in any way with your escrow securities their Escrow Securities or any related share certificates or other evidence of the escrow securitiesEscrow Securities. If a -6- Securityholder is a private company controlled by one or more principals (as that term is 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 securitiesEscrow Securities.

Appears in 1 contract

Sources: Escrow Agreement (Gryphon Gold Corp)

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 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.

Appears in 1 contract

Sources: Escrow Agreement (World Energy Solutions, Inc.)