Common use of Disposition of Consideration Shares Clause in Contracts

Disposition of Consideration Shares. Unless otherwise permitted under the Shareholders’ Agreement and the Restated Articles, the Company shall not, directly or indirectly, assign, transfer, pledge, hypothecate, or otherwise encumber or dispose of in any way or otherwise grant any interest or right with respect to (i) all or any of the Consideration Shares acquired by it pursuant to this Agreement, and/or (ii) any material assets currently held or used by Xunlei in connection with its business operation.

Appears in 2 contracts

Samples: Series D Preferred Share Purchase Agreement (Itui International Inc.), Series D Preferred Share Purchase Agreement (Itui International Inc.)

AutoNDA by SimpleDocs

Disposition of Consideration Shares. Unless otherwise permitted under Section 8.5 of this Agreement, the Shareholders’ Agreement and the Restated Articles, the Company shall not, directly or indirectly, assign, transfer, pledge, hypothecate, or otherwise encumber or dispose of in any way or otherwise grant any interest or right with respect to (i) all or any of the Consideration Shares acquired by it pursuant to this Agreement, and/or (ii) any material assets currently held or used by Xunlei in connection with its business operation.

Appears in 2 contracts

Samples: Series D Preferred Share Purchase Agreement (Itui International Inc.), Series D Preferred Share Purchase Agreement (Xiaomi Ventures LTD)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.