Agreements to Be Bound. Notwithstanding anything contained in this Article 5, any sale to a third party or any Involuntary Transfer (as defined in Section 5.5 hereof) to an Involuntary Transferee (as defined in Section 5.5 hereof) shall be permitted under the terms of this Agreement only if such third party or Involuntary Transferee, as the case may be, shall agree in writing to be bound by the terms and conditions of this Agreement pursuant to an instrument of assumption reasonably satisfactory in form and substance to Endo LLC.
Appears in 2 contracts
Samples: Employee Stockholders Agreement, Employee Stockholders Agreement (Endo Pharmaceuticals Holdings Inc)
Agreements to Be Bound. Notwithstanding anything contained in this Article 5Section 6, any sale to a third party or any Involuntary Transfer (as defined in Section 5.5 hereof6.6) to an Involuntary Transferee (as defined in Section 5.5 hereof6.6) shall be permitted under the terms of this Agreement only if such third party or Involuntary Transferee, as the case may be, shall agree in writing to be bound by the terms and conditions of this Agreement pursuant to an instrument of assumption reasonably satisfactory in substance and form and substance to Endo LLCthe Company.
Appears in 1 contract
Agreements to Be Bound. Notwithstanding anything contained in ---------------------- this Article 5Section 6, any sale to a third party or any Involuntary Transfer (as defined in Section 5.5 hereof6.4) to an Involuntary Transferee (as defined in Section 5.5 hereof6.4) shall be permitted under the terms of this Agreement only if such third party or Involuntary Transferee, as the case may be, shall agree in writing to be bound by the terms and conditions of this Agreement pursuant to an instrument of assumption reasonably satisfactory in form and substance to Endo LLCthe Company.
Appears in 1 contract
