Common use of Limited Release Clause in Contracts

Limited Release. Once a transfer of all of a Shareholder's Shares has been registered in the Share Register, that Shareholder will cease to be bound by this agreement. Notwithstanding this, such transfer will not affect any accrued rights or obligations of any Shareholder, nor will it affect any provision in this agreement which comes into force on, or continues in force, after the transfer.

Appears in 5 contracts

Samples: Shareholders' Agreement, Shareholders' Agreement, northland.infocouncil.biz

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