Common use of No Transfer or Encumbrance Clause in Contracts

No Transfer or Encumbrance. 16.1 The Voting Depository shall not directly or indirectly sell, dispose of or transfer any Special Voting Share to any party other than to the Company, or otherwise grant any right or interest therein other than issuing DRs.

Appears in 2 contracts

Samples: Joinder Agreement (Brazilian Distribution Co Companhia Brasileira De Distr CBD), Joinder Agreement (Cnova N.V.)

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No Transfer or Encumbrance. 16.1 17.1 The Voting Depository shall not directly or indirectly sell, dispose of or transfer any Special Voting Share to any party other than to the Company, or otherwise grant any right or interest therein other than issuing DRs.

Appears in 2 contracts

Samples: Special Voting Agreement (Cnova N.V.), Special Voting Agreement (Cnova N.V.)

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