Common use of No Restrictions on Certain Transactions Clause in Contracts

No Restrictions on Certain Transactions. Notwithstanding any term or provision of this Agreement to the contrary, the existence of this Agreement, or of any outstanding Shares of [Restricted Stock] {Stock} awarded hereunder, shall not affect in any manner the right, power or authority of the Company to make, authorize or consummate: (i) any or all adjustments, recapitalizations, reorganizations or other changes in the Company’s capital structure or its business; (ii) any merger, consolidation or similar transaction by or of the Company; (iii) any offer, issue or sale by the Company of any capital stock of the Company, including any equity or debt securities, or preferred or preference stock that would rank prior to or on parity with the Shares of [Restricted Stock] {Stock} and/or that would include, have or possess other rights, benefits and/or preferences superior to those that the Shares of [Restricted Stock] {Stock} includes, has or possesses, or any warrants, options or rights with respect to any of the foregoing; (iv) the dissolution or liquidation of the Company; (v) any sale, transfer or assignment of all or any part of the stock, assets or business of the Company; (vi) any dividend or other distribution of cash, Shares or other property by the Company; or (vii) any other corporate transaction, act or proceeding (whether of a similar character or otherwise).

Appears in 2 contracts

Samples: Industrial Income Trust Inc., Industrial Property Trust Inc.

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No Restrictions on Certain Transactions. Notwithstanding any term or provision of this Amended Award Agreement to the contrary, the existence of this Amended Award Agreement, or of any outstanding Additional Restricted Shares of [Restricted Stock] {Stock} awarded hereunder, shall not affect in any manner the right, power or authority of the Company to make, authorize or consummate: (i) any or all adjustments, recapitalizations, reorganizations or other changes in the Company’s 's capital structure or its business; (ii) any merger, consolidation or similar transaction by or of the Company; (iii) any offer, issue or sale by the Company of any capital stock of the Company, including any equity or debt securities, or preferred or preference stock that would rank prior to or on parity with the Additional Restricted Shares of [Restricted Stock] {Stock} and/or that would include, have or possess other rights, benefits and/or preferences superior to those that the Additional Restricted Shares of [Restricted Stock] {Stock} includes, has or possesses, or any warrants, options or rights with respect to any of the foregoing; (iv) the dissolution or liquidation of the Company; (v) any sale, transfer or assignment of all or any part of the stock, assets or business of the Company; (vi) the declaration or payment of any dividend or other distribution of cash, Shares or other property by the CompanyCompany to its shareholders; or (vii) any other corporate transaction, act or proceeding (whether of a similar character or otherwise).

Appears in 1 contract

Samples: Award Agreement (Restaurant Brands International Inc.)

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No Restrictions on Certain Transactions. Notwithstanding any term or provision of this Agreement Amendment to the contrary, the existence of this AgreementAmendment, or of any outstanding GKP Restricted Shares of [Restricted Stock] {Stock} awarded hereunder, shall not affect in any manner the right, power or authority of the Company to make, authorize or consummate: (i) any or all adjustments, recapitalizations, reorganizations or other changes in the Company’s capital structure or its business; (ii) any merger, consolidation or similar transaction by or of the Company; (iii) any offer, issue or sale by the Company of any capital stock of the Company, including any equity or debt securities, or preferred or preference stock that would rank prior to or on parity with the GKP Restricted Shares of [Restricted Stock] {Stock} and/or that would include, have or possess other rights, benefits and/or preferences superior to those that the GKP Restricted Shares of [Restricted Stock] {Stock} includes, has or possesses, or any warrants, options or rights with respect to any of the foregoing; (iv) the dissolution or liquidation of the Company; (v) any sale, transfer or assignment of all or any part of the stock, assets or business of the Company; (vi) any dividend or other distribution of cash, Shares or other property by the Company; or (vii) any other corporate transaction, act or proceeding (whether of a similar character or otherwise).

Appears in 1 contract

Samples: Restricted Stock Agreement (McMillan Peter)

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