Common use of No Indirect Transfers Clause in Contracts

No Indirect Transfers. Each of the Principal and Principal Holding Company(ies) further agrees not to circumvent or otherwise avoid the transfer restrictions or intent thereof set forth in this Deed and the Shareholders Agreement by the direct or indirect holding of any Equity Securities of the Company through one or more entities in which interests may be Transferred free of such restrictions.

Appears in 5 contracts

Samples: Share Restriction Deed, Share Restriction Deed (Qutoutiao Inc.), Share Restriction Deed (Qutoutiao Inc.)

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