Common use of Transfer terms Clause in Contracts

Transfer terms. Any sale and/or transfer of Convertible Securities under Clause 7 (Transfers), Clause 8 (Drag-Along), Clause 9 (Default) or Clause 10 (Terms and consequences of transfers of Convertible Securities) shall be on terms that those Convertible Securities: 10.5.1 are transferred free from all Encumbrances (other than those created under this Agreement); and 10.5.2 are transferred with the benefit of all rights attaching to them as at the date of the relevant transfer.