Common use of Avoidance of Restrictions Clause in Contracts

Avoidance of Restrictions. The Parties agree that the transfer restrictions in this Agreement and/or the Purchase Agreement shall not be capable of being avoided by the holding of Equity Securities indirectly through a company or other entity that can itself be sold in order to dispose of any interest in Equity Securities free of such restrictions.

Appears in 3 contracts

Samples: Investor's Rights Agreement (Li3 Energy, Inc.), Investor's Rights Agreement (POSCO Canada Ltd.), Investor's Rights Agreement (Li3 Energy, Inc.)

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Avoidance of Restrictions. The Parties parties to this Agreement agree that the transfer restrictions in this Agreement and/or and the Purchase Agreement Restated Articles shall not be capable of being avoided by the holding of Equity Securities securities indirectly through a company company, individual or other entity that can itself be sold in order to dispose of any an indirect interest in Equity Securities shares free of such restrictions.

Appears in 1 contract

Samples: Shareholder Agreement (Chukong Holdings LTD)

Avoidance of Restrictions. The Parties agree that the transfer Transfer restrictions in this Agreement and/or (including in Clauses 2, 3 and 4) and in the Purchase Agreement Charter Documents shall not be capable of being avoided by the holding of Equity Securities of the Company indirectly through a company or other entity that can itself be sold in order to dispose of any an interest in Equity Securities of the Company, free of such restrictions.

Appears in 1 contract

Samples: Shareholder Agreement

Avoidance of Restrictions. The Parties agree that the transfer Transfer restrictions in this Agreement and/or and in the Purchase Agreement Charter shall not be capable of being avoided by the holding of Equity Securities Shares/Share Equivalents indirectly through a company or other entity that can itself be sold in order to dispose of any an interest in Equity Securities Shares/Share Equivalents free of such restrictions.

Appears in 1 contract

Samples: Shareholder Agreement

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Avoidance of Restrictions. The Parties agree that the transfer restrictions restrictions, if any, in this Agreement and/or the Purchase Agreement shall not be capable of being avoided by the holding of Equity Securities indirectly through a company or other entity that can itself be sold in order to dispose of any interest in Equity Securities free of such restrictions.

Appears in 1 contract

Samples: Investor's Rights Agreement (Blue Wolf Mongolia Holdings Corp.)

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