Common use of Conditions to Transfers Clause in Contracts

Conditions to Transfers. It shall be a condition of the Transfer of any Ownership Interests (i) to any Person, that such Transfer shall not be effected if such Transfer would violate applicable Law or would cause the Company to become a “publicly traded partnership” within the meaning of Section 7704(b) of the Code, and (ii) to any Person who is not a party to this Agreement, that such Person sign a joinder to this Agreement binding such Person to the provisions of this Agreement.

Appears in 3 contracts

Samples: Carried Interest Participation Agreement (DigitalBridge Group, Inc.), Carried Interest Participation Agreement (DigitalBridge Group, Inc.), Carried Interest Participation Agreement (Colony Capital, Inc.)

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Conditions to Transfers. It shall be a condition of the Transfer of any Ownership Interests (i) to any Person, that such Transfer shall not be effected if such Transfer would violate applicable Law or would cause the Company DCMH to become a “publicly traded partnership” within the meaning of Section 7704(b) of the Code, and (ii) to any Person who is not a party to this Agreement, that such Person sign a joinder to this Joinder Agreement binding such Person to the provisions of this Agreement.

Appears in 1 contract

Samples: Investor Rights Agreement (Colony Capital, Inc.)

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