Common use of No Indirect Transfers Clause in Contracts

No Indirect Transfers. Each Party agrees not to circumvent or otherwise avoid the transfer or any other restrictions or intent thereof set forth in this Agreement, whether by holding the Equity Securities of the Company indirectly through another Person (including the Ordinary Shareholder, a Series A Investor or a Series A-1 Investor or their respective holding companies) or by causing or effecting, directly or indirectly, the Transfer or issuance of any Equity Securities by any such Person (including the Ordinary Shareholder, a Series A Investor or a Series A-1 Investor or their respective holding companies), or otherwise.