Common use of Indirect Transfers Clause in Contracts

Indirect Transfers. Prior to the Stockholder Free Trade Date, if a Related Party to which Restricted Securities have been Transferred in a Permitted Transfer is the subject of any event or transaction (or series of related events or transactions) by which such Related Party ceases to be a Related Party of the Holder originally holding such Restricted Securities (an “Indirect Transfer”), then such Indirect Transfer will be deemed to be a voluntary Transfer of the Restricted Securities held by such Related Party on the date of such Indirect Transfer.

Appears in 2 contracts

Samples: Stock Transfer Restriction And (Woodbridge CO LTD), Stock Transfer Restriction And (Strategic Hotels & Resorts, Inc)

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Indirect Transfers. Prior to the Stockholder Free Trade Date, if If a Related Party to which Restricted Securities have been Transferred in a Permitted Transfer is the subject of any event or transaction (or series of related events or transactions) by which such Related Party ceases to be a Related Party of the Holder Stockholder originally holding such Restricted Securities (an "Indirect Transfer"), then such Indirect Transfer will be deemed to be a voluntary Transfer of the Restricted Securities held by such Related Party on the date of such Indirect TransferTransfer and subject to the requirements and Company purchase rights set forth in Section 1.3.

Appears in 2 contracts

Samples: Stock Transfer Restriction and Registration Rights Agreement (Clear Channel Outdoor Holdings, Inc.), Stock Transfer Restriction and Registration Rights Agreement (Clear Channel Outdoor Holdings, Inc.)

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Indirect Transfers. Prior to the Stockholder Free Trade Date, if If a Related Party to which Restricted Securities have been Transferred in a Permitted Transfer is the subject of any event or transaction (or series of related events or transactions) by which such Related Party ceases to be a Related Party of the Holder Stockholder originally holding such Restricted Securities (an “Indirect Transfer”), then such Indirect Transfer will be deemed to be a voluntary Transfer of the Restricted Securities held by such Related Party on the date of such Indirect Transfer.

Appears in 1 contract

Samples: Stock Transfer Restriction and Registration Agreement (Gsi Commerce Inc)

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