Common use of No Transfers Prior to Acquisition Event Clause in Contracts

No Transfers Prior to Acquisition Event. Notwithstanding anything to the contrary set forth in this Agreement or the Restricted Stock, neither CU nor any Affiliate of CU shall sell, transfer or otherwise dispose of all or any portion of the Warrants owned by it, other than to an Affiliate of CU, except after the occurrence of an Acquisition Event; provided, however, that following an Acquisition Event, if Home or CU shall give notice of its election to exercise its rights under Section 2.1, then such right of CU and its Affiliates to sell, transfer or otherwise dispose of the Restricted Stock shall no longer be exercised unless Home shall have defaulted in its obligation to repurchase such Restricted Stock on the date specified in any notice.

No Transfers Prior to Acquisition Event. Notwithstanding anything to the contrary set forth in this Agreement or the Restricted Stock, neither CU Home nor any Affiliate of CU Home shall sell, transfer or otherwise dispose of all or any portion of the Warrants owned by it, other than to an Affiliate of CUHome, except after the occurrence of an Acquisition Event; provided, however, that following an Acquisition Event, if CU or Home or CU shall give notice of its election to exercise its rights under Section 2.1, then such right of CU Home and its Affiliates to sell, transfer or otherwise dispose of the Restricted Stock shall no longer be exercised unless Home CU shall have defaulted in its obligation to repurchase such Restricted Stock on the date specified in any notice.