Common use of Permitted by PSP Clause in Contracts

Permitted by PSP. Notwithstanding Section 6.1 but subject to Section 6.2, Section 6.5, Section 6.7 and Section 6.9, PSP may, at any time and from time to time, Transfer all but not less than all Shares held by it upon prior notice to the Corporation and the other Shareholders but without first obtaining a Shareholder Approval: (a) to a Controlled Affiliate of PSP provided that such Transfer complies with Section 6.4; and (b) to any other Person pursuant to, and in compliance with, Section 6.6.

Permitted by PSP. Notwithstanding Section 6.1 7.1 but subject to Section 6.2Sections 7.2, Section 6.5, Section 6.7 7.8 and Section 6.97.10, PSP may, at any time and from time to time, Transfer all but not less than all Shares any Units held by it upon prior notice to the Corporation and the other Shareholders Partners but without first obtaining a Shareholder Approvalconsent thereof: (a) to a Controlled Affiliate of PSP without first complying with Section 7.5 or 7.6, provided that such Transfer complies with Section 6.47.4; and (b) to any other Person pursuant to, and in compliance with, Section 6.67.5.