Absence of Transfer Restrictions. The Shares and the ADSs, when issued, are freely transferable by the Company or the Selling Shareholders, as the case may be, to or for the account of the several Underwriters and are freely transferable by the several Underwriters to the initial purchasers thereof under applicable law, except as described in the Prospectus.
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Samples: Underwriting Agreement (Watchdata Technologies Ltd.), Underwriting Agreement (Watchdata Technologies Ltd.)
Absence of Transfer Restrictions. The Shares and the ADSs, when issued, are freely transferable by the Company or the Selling Shareholders, as the case may be, to or for the account of the several Underwriters and are freely transferable by the several Underwriters to the initial purchasers thereof under applicable law, the laws of Korea except as described in the Prospectus.
Appears in 2 contracts
Samples: Underwriting Agreement (Webzen Inc), Underwriting Agreement (Webzen Inc)
Absence of Transfer Restrictions. The Shares and the ADSs, when issued, are will be freely transferable by the Company or the Selling Shareholders, as the case may be, to or for the account of the several Underwriters and are will be freely transferable by the several Underwriters to the initial purchasers thereof under applicable law, the laws of Korea except as described in the Prospectus.
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