Common use of Condition Precedent to Certain Permitted Dispositions Clause in Contracts

Condition Precedent to Certain Permitted Dispositions. In the event of any disposition pursuant to Section 1(b)(i) hereof, the transferee (and all subsequent transferees permitted pursuant to Section 1(b)(i)) shall be bound and obligated by, and shall be entitled to the rights and benefits afforded to the Stockholders under the terms and provisions of, this Agreement. As a condition precedent to any disposition by any Initial Stockholder of shares of Common Stock permitted pursuant to Section 1(b)(i) above, each purchaser, transferee or donee (other than a Stockholder who is already a party hereto) shall agree in writing to be bound by all of the provisions and conditions of this Agreement applicable to the transferor and shall become a Stockholder hereunder, and no such purchaser, transferee or donee shall be permitted to effect any transfer, sale or exchange of shares of Common Stock which the Stockholders are not permitted to make under this Agreement.

Condition Precedent to Certain Permitted Dispositions. In the event of any disposition pursuant to Section 1(b)(i1(c)(i) hereof, the transferee (and all subsequent transferees permitted pursuant to Section 1(b)(i1(c)(i)) shall be bound and obligated by, and shall be entitled to the rights and benefits afforded to the Stockholders under the terms and provisions of, this Agreement. As a condition precedent to any disposition by any Initial Stockholder of shares of Common Stock permitted pursuant to Section 1(b)(i1(c)(i) above, each purchaser, transferee or donee (other than a an Stockholder who is already a party hereto) shall agree in writing to be bound by all of the provisions and conditions of this Agreement applicable to the transferor and shall become a Stockholder hereunder, and no such purchaser, transferee or donee shall be permitted to effect any transfer, sale or exchange of shares of Common Stock which the Stockholders are not permitted to make under this Agreement.