Common use of Agreement Not to Transfer Notes Without Consent Clause in Contracts

Agreement Not to Transfer Notes Without Consent. Each Noteholder agrees that it will not transfer any Note held by it (other than to transfer any Note to the Company for cancellation or to be exchanged for Preferred Stock) without causing the transferee or assignee to execute a written acknowledgment accepting the terms and conditions of this Agreement.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Proxim Corp), Intercreditor Agreement (Proxim Corp)

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Agreement Not to Transfer Notes Without Consent. Each Noteholder agrees that it will not transfer any Note held by it (other than to transfer any Note to the Company for cancellation or to be exchanged for Preferred Stock) without causing the transferee or assignee to execute a written acknowledgment accepting the terms and conditions of this Agreement.

Appears in 2 contracts

Samples: Intercreditor Agreement (Proxim Corp), Securities Purchase Agreement (Proxim Corp)

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Agreement Not to Transfer Notes Without Consent. Each Noteholder agrees that it will not transfer any Note held by it (other than to transfer any Note to the Company for cancellation or to be exchanged for Preferred Stockexchange any Note upon the closing of a Qualified Transaction in accordance with the terms of the Purchase Agreement) without causing the transferee or assignee to execute a written acknowledgment accepting the terms and conditions of this Agreement.

Appears in 2 contracts

Samples: Intercreditor Agreement (Proxim Corp), Securities Purchase Agreement (Proxim Corp)

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