Common use of Other Permitted Transfers Clause in Contracts

Other Permitted Transfers. Notwithstanding the provisions of Sections 3.1 and 3.2 above, no such registration statement or opinion of counsel shall be necessary for a transfer by a Purchaser to his or her estate, or a transfer by gift, will or intestate succession, or a transfer by a Purchaser to his or her spouse or to the siblings, lineal descendants or ancestors of such Purchaser, if, prior to such transfer, the transferee agrees in writing to be subject to the terms hereof to the same extent as if he or she were the original Purchaser hereunder.

Appears in 4 contracts

Samples: Investment Documents (GreenPlex Services, Inc.), Common Stock and Warrant Purchase Agreement (Entia Biosciences, Inc.), Common Stock and Warrant Purchase Agreement (Total Nutraceutical Solutions, Inc.)

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Other Permitted Transfers. Notwithstanding the provisions of Sections 3.1 and 3.2 above, no such registration statement or opinion of counsel shall be necessary for a transfer by a Purchaser to his or her estate, or a transfer Preferred Stock Purchase Agreement, Total Nutraceutical Solutions, Inc., 2011 by gift, will or intestate succession, or a transfer by a Purchaser to his or her spouse or to the siblings, lineal descendants or ancestors of such Purchaser, if, prior to such transfer, the transferee agrees in writing to be subject to the terms hereof to the same extent as if he or she were the original Purchaser hereunder.

Appears in 1 contract

Samples: Preferred Stock Purchase Agreement (Total Nutraceutical Solutions, Inc.)

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