Delay of Transfer. The Company shall not incur any liability to the Investors, any of their respective controlled Affiliates or any other Person for any delay in recognizing any Transfer of Spotify Securities if the Company in good faith reasonably determines that such Transfer may have been or would be in violation in any material respect of the provisions of the Securities Act, any applicable Foreign or State Act or this Agreement.
Appears in 4 contracts
Samples: Investor Agreement (Spotify Technology S.A.), Subscription Agreement (Spotify Technology S.A.), Investor Agreement (Spotify Technology S.A.)