Non-Transferability of Note. This Note is not negotiable and may be transferred by the Holder only to one or more of its Affiliates who agree to be bound by the transfer restrictions hereunder (any such transferee to whom this Note 133 is transferred in compliance with the provisions of this Note, an "Authorized Transferee"). With respect to any such authorized transfer, this Note is transferable only by surrender and cancellation of this Note at the principal office of the Obligor, WBT Holdings LLC, 500 Xxxxx Xxxxxxxxx, Xxxxxxxxx, Xxx Xxxx xx at such other location as shall at such time be the principal office of the Obligor, by the Holder in person or by an attorney-in-fact duly authorized in writing. Upon any such authorized transfer a new note, in the name of such Authorized Transferee(s), in substantially the form of this Note and for the aggregate unpaid principal amount hereof, will be issued in exchange hereof.
Non-Transferability of Note. Neither this Note nor any interest herein may be transferred, pledged or assigned in whole or in part by either party without the prior written consent of the other party (which may be withheld in such party’s sole and absolute discretion). Any such transfer, pledge or assignment done without the other party’s prior written consent shall be void ab initio.
Non-Transferability of Note. This Note is not negotiable and may be transferred by the Holder only to one or more of its Affiliates who agree to be bound by the transfer restrictions hereunder (any such transferee to whom this Note is transferred in compliance with the provisions of this Note, an "Authorized Transferee"); With respect to any such authorized transfer, this Note is transferable only by surrender and cancellation of this Note at the principal office of the Obligor at 2540 Foothill Blvd., 2nd Floor, La Crescenta, California 91214 or at xxxx xxxxx xxxxxxxx xx xxxxx xx xxxx xxxx xx xxx xxxxxxxxx xxxice of the Obligor, by the Holder in person or by an attorney-in-fact duly authorized in writing. Upon any such authorized transfer a new note, in the name of such Authorized Transferee(s), in substantially the form of this Note and for the aggregate Signature Page for Shareholders Agreement
Non-Transferability of Note. This Note is not negotiable and may be transferred by the Holder only to one or more transferees who agree in writing to be bound by all of the provisions of this Section 3, including, without limitation, transfer restrictions hereunder (any such transferee to whom this Note is transferred in compliance with the provisions of this Note, an "Authorized Transferee"). In addition, each such transfer shall be subject to the prior written consent of the Maker (which consent shall not be unreasonably withheld). With respect to any such authorized transfer, this Note is transferable only by surrender and cancellation of this Note at the principal office of the Maker at 000 Xxxxxxxxx Xxxxx, Xxxxxxxx, Xxxxxxxxxxx 00000 or at such other location as shall at such time be the principal office of the Maker, by the Holder in person or by an attorney-in-fact duly authorized in writing. Upon any such authorized transfer a new note, in the name of such Authorized Transferee(s), in substantially the form of this Note and for the aggregate unpaid principal amount hereof, will be issued in exchange hereof.
Non-Transferability of Note. This Junior Subordinated Note is not negotiable and may be transferred by the Holder only to one or more Permitted Transferees who agree to be bound by the transfer restrictions hereunder (any such transferee to whom this Junior Subordinated Note is transferred in compliance with the provisions of this Junior Subordinated Note, an "AUTHORIZED TRANSFEREE"). In addition, each such transfer shall be subject to the prior written consent of the Company (which consent shall not be unreasonably withheld). With respect to any such authorized transfer, this Junior Subordinated Note is transferable only by surrender and cancellation of this Junior Subordinated Note at the principal office of the Obligor at 00 X. Xxxxxxxxx Road, Ionia, Michigan 48846 or at such other location as shall at such time be the principal office of the Obligor, by the Holder in person or by an attorney-in-fact duly authorized in writing. Upon any such authorized transfer a new note, in the name of such Authorized Transferee(s), in substantially the form of this Junior Subordinated Note and for the aggregate unpaid principal amount hereof, will be issued in exchange hereof.
Non-Transferability of Note. This Note is non-negotiable. The Holder agrees that this Note may not be sold, transferred, pledged, hypothecated or otherwise disposed of.
Non-Transferability of Note. The Promissory Note to be issued by Purchaser (or an Affiliate thereof) to the Transferred Subsidiary in consideration of the purchase of the German IP pursuant to the German IP Transfer Agreement shall be non-transferable prior to the Subsequent Closing.
