Common use of General Restriction on Transfer Clause in Contracts

General Restriction on Transfer. No Shareholder shall sell, transfer, encumber, pledge, will, or otherwise dispose of such Shareholder’s Shares, or allow such Shareholder’s Shares to pass under the intestate laws or by operation of law, except as provided in this Agreement. If any Shares or any rights therein are transferred contrary to this Agreement, Management Services retains a security interest in such Shares and in the proceeds of such disposition.

Appears in 3 contracts

Samples: Transition Agreement and Stock Pledge (21st Century Oncology Holdings, Inc.), Transition Agreement and Stock Pledge (Radiation Therapy Services Holdings, Inc.), Transition Agreement and Stock Pledge (Radiation Therapy Services Holdings, Inc.)

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General Restriction on Transfer. No Shareholder shall sell, transfer, encumber, pledge, will, or otherwise dispose of such Shareholder’s 's Shares, or allow such Shareholder’s 's Shares to pass under the intestate laws or by operation of law, except as provided in this Agreement. If any Shares or any rights therein are transferred contrary to this Agreement, Management Services retains a security interest in such Shares and in the proceeds of such disposition.

Appears in 2 contracts

Samples: Transition Agreement and Stock Pledge (Radiation Therapy Services Inc), Transition Agreement and Stock Pledge (Radiation Therapy Services Inc)

General Restriction on Transfer. No Shareholder shall sell, transfer, encumber, pledge, will, or otherwise dispose of such Shareholder’s Shares, or allow such Shareholder’s Shares to pass under the intestate laws or by operation of law, except as provided in this Agreement. If any Shares or any rights therein are transferred contrary to this Agreement, Management Services Manager retains a security interest in such Shares and in the proceeds of such disposition.

Appears in 2 contracts

Samples: Transition Agreement and Stock Pledge (Radiation Therapy Services Holdings, Inc.), Transition Agreement and Stock Pledge (Radiation Therapy Services Holdings, Inc.)

General Restriction on Transfer. No Shareholder shall voluntarily or involuntarily sell, assign, transfer, encumbergive, bequeath, devise, donate or otherwise dispose of, or pledge, will, or otherwise dispose encumber, in any manner, (each a “Transfer”) any of the Shares now or hereafter owned by such Shareholder’s Shares, or allow such Shareholder’s Shares to pass under the intestate laws or by operation of law, Shareholder except as expressly provided in this Agreement. If any Shares or any rights therein are transferred contrary to this Agreement, Management Services retains a security interest in such Shares Agreement and in the proceeds of such dispositionaccordance with its terms and conditions.

Appears in 1 contract

Samples: Shareholders Agreement (Solar Night Industries, Inc.)

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General Restriction on Transfer. No Shareholder shall sell, transfer, encumber, pledge, will, or otherwise dispose of such Shareholder’s Shares, or allow such Shareholder’s Shares to pass under the intestate laws or by operation of law, except as provided in permitted by this Agreement. If any Shares or any rights therein are transferred contrary to this Agreement, Management Services ACT retains a security interest in such Shares and in the proceeds of such disposition.

Appears in 1 contract

Samples: Transition Agreement and Stock Pledge (Radiation Therapy Services Holdings, Inc.)

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