Common use of Transfer Conditions Clause in Contracts

Transfer Conditions. Notwithstanding any other provisions of this Agreement but subject to Section 5.3 below, no Transfer may be made unless (a) the Transferee has agreed in writing to be bound by the terms and conditions of this Agreement and the Charter Documents, which may be amended and restated to the extent that the Parties and the Transferee agree to such amendments, (b) the Transfer complies in all respects with the other applicable provisions of this Agreement and the Charter Documents and (c) the Transferee has entered into a Deed of Adherence in the form attached hereto as Appendix 3. Notwithstanding any other provisions of this Agreement, no Transfer may be made to a Competitor of the Non-Transferring Party.