Common use of Binding Effect on Transferees Clause in Contracts

Binding Effect on Transferees. A Permitted Transferee shall become a Stockholder hereunder, without any further action by the Company, following a transfer by a Stockholder of Company Securities to such Permitted Transferee upon the execution by such Permitted Transferee of a joinder providing that such Person shall be bound by and shall fully comply with the terms of this Agreement (including the provisions of Article IV with respect to the Company Securities being transferred to such transferee). The Fortress Affiliate Stockholders shall be deemed to be Stockholders without any further action.

Appears in 10 contracts

Samples: Stockholders’ Agreement (Virgin Trains USA LLC), Stockholders Agreement (Intrawest Resorts Holdings, Inc.), Stockholders Agreement (Intrawest Resorts Holdings, Inc.)

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Binding Effect on Transferees. A Permitted Transferee that is not already a Stockholder at the time of the transfer of Company Securities shall become a Stockholder hereunder, without any further action by the Company, hereunder following a transfer by a Stockholder of Company Securities to such Permitted Transferee upon the execution by such Permitted Transferee of a joinder agreement providing that such Person shall be bound by and shall fully comply with the terms of this Agreement (including the provisions of Article IV III with respect to the Company Securities being transferred to such transferee). The Fortress Affiliate Stockholders shall be deemed to be Stockholders without any further action.

Appears in 3 contracts

Samples: Registration Rights Agreement (Fuller Max L), Registration Rights Agreement (Us Xpress Enterprises Inc), Registration Rights Agreement (Us Xpress Enterprises Inc)

Binding Effect on Transferees. A Permitted Transferee shall become a Stockholder Shareholder hereunder, without any further action by the Company, following a transfer by a Stockholder Shareholder of Company Securities to such Permitted Transferee upon the execution by such Permitted Transferee of a joinder providing that such Person shall be bound by and shall fully comply with the terms of this Agreement (including the provisions of Article IV with respect to the Company Securities being transferred to such transferee). The Fortress Affiliate Stockholders Shareholders shall be deemed to be Stockholders Shareholders without any further action.

Appears in 3 contracts

Samples: Shareholders Agreement (SeaCube Container Leasing Ltd.), Shareholders Agreement (SeaCube Container Leasing Ltd.), Shareholders Agreement (SeaCube Container Leasing Ltd.)

Binding Effect on Transferees. A Permitted Transferee shall become a Stockholder Shareholder hereunder, without any further action by the Company, following a transfer by a Stockholder Shareholder of Equity Securities of the Company Securities to such Permitted Transferee upon the execution by such Permitted Transferee of a joinder providing that such Person shall be bound by and shall fully comply with the terms of this Agreement (including the provisions of Article IV with respect to the Equity Securities of the Company Securities being transferred to such transferee). The Fortress Affiliate Stockholders shall be deemed to be Stockholders without any further action.

Appears in 2 contracts

Samples: Shareholders’ Rights Agreement (Fortress Investment Group LLC), Shareholders’ Rights Agreement (Fortress Investment Group LLC)

Binding Effect on Transferees. A Permitted Transferee shall become a Stockholder hereunder, without any further action by the Company, following a transfer by a Stockholder of Company Securities to such Permitted Transferee upon the execution by such Permitted Transferee of a joinder providing that such Person shall be bound by and shall fully comply with the terms of this Agreement (including the provisions of Article IV 4 with respect to the Company Securities being transferred to such transferee). The Fortress Affiliate Stockholders shall be deemed to be Stockholders without any further action.

Appears in 2 contracts

Samples: Stockholders Agreement (OneMain Holdings, Inc.), Stockholders Agreement (OneMain Holdings, Inc.)

Binding Effect on Transferees. A Permitted Transferee (and no other Person) shall become a Stockholder hereunderunder this Agreement, without any further action by the Company, following a transfer by a Stockholder the Investor (or any other Stockholder) of Company Securities Subject Shares to such Permitted Transferee upon the execution by such Permitted Transferee (and delivery to the Company) of a joinder providing that such Person shall be bound by and shall fully comply with the terms of this Agreement (including the provisions of Article IV with respect to the Company Securities being transferred to such transferee). The Fortress Affiliate Stockholders shall be deemed to be Stockholders without any further actionJoinder Agreement.

Appears in 2 contracts

Samples: Investor Rights Agreement (Ares Management Corp), Investor Rights Agreement (Ares Management Corp)

Binding Effect on Transferees. A Permitted Transferee shall become a Stockholder hereunder, without any further action by the Company, following a transfer by a Stockholder of Company Securities to such Permitted Transferee upon the execution by such Permitted Transferee of a joinder providing that such Person shall be bound by and shall fully comply with the terms of this Agreement (including the provisions of Article IV III with respect to the Company Securities being transferred to such transferee). The Fortress Affiliate Stockholders shall be deemed to be Stockholders without any further action.

Appears in 1 contract

Samples: Registration Rights Agreement (Swift Transportation Co)

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Binding Effect on Transferees. A Permitted Transferee shall become a Stockholder hereunder, without any further action by the Company, following a transfer by a Stockholder of Company Securities Shares to such Permitted Transferee upon the execution by such Permitted Transferee of a joinder providing that such Person shall be bound by and shall fully comply with the terms of this Agreement (including the provisions of Article IV Section 2 with respect to the Company Securities Shares being transferred to such transferee). The Fortress Affiliate Stockholders shall be deemed to be Stockholders without any further action.

Appears in 1 contract

Samples: Registration Rights Agreement (Staffmark Holdings, Inc.)

Binding Effect on Transferees. A Permitted Transferee shall become a Stockholder hereunder, without any further action by the Company, following a transfer by a Stockholder of Company Securities to such Permitted Transferee upon the execution by such Permitted Transferee of a joinder providing that such Person shall be bound by and shall fully comply with the terms of this Agreement (including the provisions of Article IV 3 with respect to the Company Securities being transferred to such transferee). The Fortress Affiliate Stockholders shall be deemed to be Stockholders without any further action.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Jounce Therapeutics, Inc.)

Binding Effect on Transferees. A Permitted Transferee transferee shall become a Stockholder Shareholder hereunder, without any further action by the CompanyRegistrants, following a transfer by a Stockholder Shareholder of Company Securities Restricted Shares to such Permitted Transferee transferee upon the execution by such Permitted Transferee transferee of a joinder providing that such Person shall be bound by and shall fully comply with the terms of this Agreement (including the provisions of Article IV Section 2 with respect to the Company Securities Restricted Shares being transferred to such transferee). The Fortress Affiliate Stockholders shall be deemed to be Stockholders without any further action.

Appears in 1 contract

Samples: Registration Rights Agreement (Compass Diversified Holdings)

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