DISPOSAL OR CHARGING OF THE SHARES Sample Clauses

DISPOSAL OR CHARGING OF THE SHARES. Neither of the Shareholders shall, except with the prior written consent of the other, create or permit to subsist any pledge, lien or charge over, or grant any option or other rights over or sell or dispose of any interest in, any of the Shares it held.
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DISPOSAL OR CHARGING OF THE SHARES. 14.1 Subject to clause 14.2 below, the Shareholders covenant with each other that they shall not, except with the prior written consents of the Principal Shareholders and in accordance with Macau law and the terms of the Subconcession, create or permit to subsist any Encumbrance on or over, or dispose of any interest in, all or any of the Shares held by them (otherwise than by a transfer of such Shares in accordance with this Agreement and the provisions of the Articles), and shall procure that Gaming Company and its subsidiaries shall not, except with the prior written consents of the Principal Shareholders, create or permit to subsist any Encumbrance on or over, or dispose of any interest in, all or any shares in any subsidiary company (otherwise than by a transfer of such shares in accordance with this Agreement and the provisions of the relevant company’s articles of association).
DISPOSAL OR CHARGING OF THE SHARES. 5.1 None of the Shareholders shall, except with the prior written consent of a Shareholder Majority Consent create or permit to subsist any Encumbrance or dispose of any interest in all or any of the Shares held by them (otherwise than by a transfer of those Shares in accordance with the provisions of the Articles) and any person in whose favour any Encumbrance is created or permitted to subsist or any option or rights are granted or any interest is disposed of shall be subject to and bound by the same limitations and provisions as embodied in this agreement.

Related to DISPOSAL OR CHARGING OF THE SHARES

  • Adjustments to the Shares The applicable Warrant Exercise Price and the number of Warrant Shares obtainable upon exercise of this Warrant shall each be subject to adjustment from time to time as provided in this Section 4.

  • Sale of the Shares Upon execution of this Agreement (the “Closing”), subject to the terms and conditions herein set forth, and on the basis of the representations, warranties and agreements herein contained, SELLER shall sell to PURCHASER, and PURCHASER shall purchase from SELLER, the Shares.

  • Tender of the Shares (a) Stockholder hereby agrees that, unless the Offer is earlier terminated or withdrawn by Merger Sub, it shall duly tender (and deliver any certificates evidencing) the Shares beneficially held by it, or cause its Shares to be duly tendered, into the Offer promptly following, and in any event no later than the tenth (10th) business day following Stockholder’s receipt of the Offer Documents, in accordance with the procedures set forth in the Offer Documents, free and clear of all Encumbrances (other than Permitted Encumbrances); provided that Parent and Merger Sub agree that Stockholder may withdraw its Shares from the Offer at any time following (x) the date that the Offer is terminated, withdrawn or expired without the Shares having been accepted for purchase in the Offer or (y) the Termination Date.

  • Valid Issuance of the Shares The Shares, when issued, sold and delivered in accordance with the terms of this Agreement, will be duly and validly issued, fully paid, and nonassessable, and will be free of restrictions on transfer other than restrictions on transfer under this Agreement and under applicable state and federal securities laws.

  • Issuance of the Shares The Shares are duly authorized and, when issued and paid for in accordance with the applicable Transaction Documents, will be duly and validly issued, fully paid and nonassessable, free and clear of all Liens imposed by the Company other than restrictions on transfer provided for in the Transaction Documents.

  • Adjustments Affecting Registrable Securities The Company shall not take any action, or permit any change to occur, with respect to its securities which would materially and adversely affect the ability of the holders of Registrable Securities to include such Registrable Securities in a registration undertaken pursuant to this Agreement or which would materially and adversely affect the marketability of such Registrable Securities in any such registration (including, without limitation, effecting a stock split or a combination of shares).

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