Common use of Transfer of Restricted Securities Clause in Contracts

Transfer of Restricted Securities. No holder of Restricted Securities (other than Madison Dearborn Capital Partners III, L.P. or its affiliates) shall sell, transfer, assign, pledge or otherwise dispose of (whether with or without consideration and whether voluntarily or involuntarily or by operation of law) any interest in his Restricted Securities (a "Transfer"), except pursuant to the provisions of this paragraph 3.

Appears in 2 contracts

Sources: Unit Purchase Agreement (Union Corp), Unit Purchase Agreement (Jennifer Loomis & Associates Inc)