Common use of Consent to Certain Transfers to Subsidiaries Clause in Contracts

Consent to Certain Transfers to Subsidiaries. Notwithstanding the provisions of Section 5.1, 5.2 and 5.3 or the Articles of Association, any Party shall, subject to its obligations under the Credit Documents, have the right to Transfer its Shares and Subordinated Shareholder Loans to a Subsidiary, provided that either of the following conditions are met:

Appears in 2 contracts

Samples: Shareholders Agreement (Freeport McMoran Copper & Gold Inc), Shareholders Agreement (Freeport McMoran Copper & Gold Inc)

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Consent to Certain Transfers to Subsidiaries. Notwithstanding the provisions of Section 5.1, 5.2 and 5.3 or the Articles of Association, any Party Shareholder shall, subject to its obligations under the Credit Documents, have the right to Transfer its Shares and Subordinated Shareholder Loans to a Subsidiary, provided that either of the following conditions are met:

Appears in 1 contract

Samples: And Shareholders Agreement (Freeport-McMoran Inc)

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Consent to Certain Transfers to Subsidiaries. Notwithstanding the provisions of Section 5.1, 5.2 and 5.3 or the Articles of Association, any Party shall, subject to its obligations under the Credit Documents, shall have the right to Transfer its Shares and Subordinated Shareholder Loans to a Subsidiary, provided that either of the following conditions are met:

Appears in 1 contract

Samples: Joint Venture and Shareholders' Agreement (Freeport McMoran Copper & Gold Inc)

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