Restrictions to Transfer Sample Clauses

The "Restrictions to Transfer" clause defines the limitations and conditions under which a party may transfer or assign its rights or interests under an agreement. Typically, this clause may require prior written consent from the other party before any transfer can occur, or it may prohibit transfers altogether except in specific circumstances, such as to affiliates or in connection with a merger. Its core practical function is to maintain control over who becomes a party to the agreement, thereby protecting the interests of the original parties and preventing unwanted or unapproved third parties from acquiring rights or obligations under the contract.
Restrictions to Transfer. Employee hereby agrees that unless and until the Conditions are satisfied or terminated as provided in Section 5 herein, Employee will not sell, assign, transfer, pledge, encumber or otherwise dispose of any of the Restricted Shares (each a "Transfer") without the prior written consent of the Committee, and any such Transfer without such consent shall be null and void ab initio.
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Restrictions to Transfer. Each Party cannot do, or agree to do, any of the following without the prior written consent of the other Party: sell, transfer lease, assign, encumber, dispose of, create any liability over or any rights or interest relating to, all or any part of the Company’s shares. The Parties shall procure that any transferee of the Company’s shares must enter into a Deed of Adherence substantially in the form set out in Schedule 1 hereto attached, and also agree to be bound by the Articles of Incorporation and other agreements entered into between the shareholders of the Company. On ceasing to be a shareholder, a Party must hand over to the Company material correspondence, schedules, documents and records relating to the Company that are in the Party’s possession or control and the Party shall not keep any copies.
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Restrictions to Transfer. This AGREEMENT may not be transferred, assigned, pledged or hypothecated by any of the SELLERS, other than by operation of law. The PURCHASER shall have the right to assign its rights and/or obligations pursuant to this AGREEMENT to a wholly owned subsidiary, provided that the SELLER'S prerogative set forth in Section 4.1 of this AGREEMENT is unaffected by said transfer, provided that the PURCHASER remains jointly bound by the terms of this AGREEMENT and provided that such subsidiary shall be deemed to be included within the defined term "PURCHASER" for the purpose of this AGREEMENT. This AGREEMENT shall be binding upon and shall inure to the benefit of the parties hereto and their respective heirs, executors, administrators, successors and assigns.
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Restrictions to Transfer. NET may not, directly or indirectly, transfer any of the Shares it holds in the capital stock of Vivax or BTVC, until (i) the date the Obstacle to Implementation occurs; or (ii) the end of ANATEL’s Response Waiting period, as applicable (“NET’s Lock-up”). After NET’s Lock-up, NET will be able to freely transfer its direct interest in Vivax.
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Restrictions to Transfer. Without the prior written consent of Lender, which consent may be withheld in Lender’s sole and absolute discretion, (i) Borrower shall not sell, convey, assign, transfer, lease, encumber or otherwise dispose of the Collateral or any part thereof or interest therein, except as otherwise permitted pursuant to this Loan Agreement, and (ii) no direct or indirect ownership, managerial or other interest in Borrower or any member or manager of Borrower shall be sold, conveyed, encumbered, assigned or otherwise transferred.
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Restrictions to Transfer. Any Shareholder may, totally or partially, directly or indirectly, transfer any of the Shares it holds, except in accordance with Clauses 5.2 to 5.4 below. Any Transfers in noncompliance with this Chapter V shall be null and void ab initio and the other Parties shall be entitle to right of return against the default Party for any loss or damage it may incur arising from such Transfer.
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Restrictions to Transfer. Subject to the provisions of the PPP Act, the following restrictions shall apply:
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Related to Restrictions to Transfer

  • Conditions to Transfer Prior to any such proposed transfer, and as a condition thereto, if such transfer is not made pursuant to an effective registration statement under the Securities Act, the Holder will, if requested by the Company, deliver to the Company (i) an investment covenant signed by the proposed transferee, (ii) an agreement by such transferee to the impression of the restrictive investment legend set forth herein on the certificate or certificates representing the securities acquired by such transferee, (iii) an agreement by such transferee that the Company may place a "stop transfer order" with its transfer agent or registrar, and (iv) an agreement by the transferee to indemnify the Company to the same extent as set forth in the next succeeding paragraph.

  • Refusal to Transfer The Company shall not be required (i) to transfer on its books any Shares that have been sold or otherwise transferred in violation of any of the provisions of this Agreement or (ii) to treat as owner of such Shares or to accord the right to vote or pay dividends to any purchaser or other transferee to whom such Shares shall have been so transferred.

  • Restriction on Transferability Prior to vesting and delivery of the Shares, neither the mPRSUs, nor the Shares or any beneficial interest therein, may be sold, transferred, pledged, assigned, or otherwise alienated at any time. Any attempt to do so contrary to the provisions hereof shall be null and void. Notwithstanding the above, distribution can be made pursuant to will, the laws of descent and distribution, and if provided by the Administrator, intra-family transfer instruments, or to an inter vivos trust, or as otherwise provided by the Administrator. The terms of this Agreement shall be binding upon the executors, administrators, heirs, successors and assigns of the Participant.

  • Right to Transfer The Purchaser shall have the right to sell or otherwise transfer the Subject Shares at any time in its sole discretion, subject to the transfer restrictions contained in Section 2.02 of the Purchase Agreement. Upon the transfer of the Subject Shares by the Purchaser to any third party (other than a transfer to an Affiliate of the Purchaser in which case such Subject Shares shall remain subject to this Agreement) such Subject Shares shall no longer be subject to this Agreement; provided, however, in connection with an Excluded Transfer: (a) of the type specified in clause (1) of the definition of Excluded Transfer, the Subject Shares shall remain subject to this Agreement until such time as the Fund, upon the request of the Purchaser, enters into a voting arrangement satisfying Section 12(d)(1)(E)(iii) of the 1940 Act; (b) of the type specified in clauses (3) or (4) of the definition of Excluded Transfer, to the extent the Purchaser retains the right to vote or direct voting in connection with such transactions, the Subject Shares shall remain subject to this Agreement until such time as there is a default by the Purchaser under such repurchase transaction or collateral pledge arrangement; and (c) of the type specified in clauses (3) or (4) of the definition of Excluded Transfer, to the extent the Purchaser does not retain the right to vote or direct voting of such Subject Shares in such transactions, such transactions do not permit the removal of the Subject Shares’ rights transferred to the Voting Trust pursuant to this Agreement within the first 60 days of closing of such transferee becoming the Beneficial Owner of such Subject Shares unless there is a default by the Purchaser under such repurchase transaction or collateral pledge arrangement.

  • Restriction on Resales Until the expiration of two years after the original issuance of the Securities, the Company will not, and will cause its "affiliates" (as such term is defined in Rule 144(a)(1) under the ▇▇▇▇ ▇▇▇) not to, resell any Securities which are "restricted securities" (as such term is defined under Rule 144(a)(3) under the ▇▇▇▇ ▇▇▇) that have been reacquired by any of them and shall immediately upon any purchase of any such Securities submit such Securities to the Trustee for cancellation.