Common use of Condition of Transfer Clause in Contracts

Condition of Transfer. The parties hereto hereby agree that it shall be a condition of the Transfer of any Shares to any Person who is not a party to this Agreement that such Transfer shall not be effected unless and until such Person agrees in writing to be bound by the terms and conditions of this Agreement; provided, that the foregoing shall not apply to any transferee in a Transfer of Shares made pursuant to (i) an open market transaction, (ii) a Public Offering or (iii) a Fund Distribution.

Appears in 4 contracts

Samples: Shareholders Agreement, Shareholders Agreement (Americold Realty Trust), Shareholders Agreement (Americold Realty Trust)

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