Common use of Permitted Public Transfers and Block Sales Clause in Contracts

Permitted Public Transfers and Block Sales. After the closing of the Initial Public Offering, no Registration Rights Stockholder shall Transfer any or all of its Shares pursuant to Rule 144, a block sale to a financial institution or in a private transfer pursuant to Section 3.1.5 of the Stockholders Agreement, in each case other than in compliance with Sections 4.1.1, 4.1.2 and 4.6 hereof, as applicable, and Sections 3.3 and 3.4 of the Stockholders Agreement, provided that, for the avoidance of doubt the approval of the Coordination Committee shall not be required to approve such Transfers. Shares Transferred pursuant to Rule 144 or in a block sale to a financial institution shall conclusively be deemed thereafter not to be Shares under this Agreement.

Appears in 3 contracts

Samples: And Coordination Agreement (Sungard Capital Corp), And Coordination Agreement (Sungard Capital Corp Ii), And Coordination Agreement (Sungard Data Systems Inc)

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Permitted Public Transfers and Block Sales. After the closing of the Initial Public Offering, no Registration Rights Stockholder Holder shall Transfer any or all of its Shares pursuant to Rule 144, in a block sale to a financial institution or in a private transfer pursuant to Section 3.1.5 of the Stockholders Agreement, in each case other than in compliance with Sections 4.1.1, 4.1.1 and 4.1.2 and 4.6 hereof, as applicable, and Sections 3.3 and 3.4 the applicable provisions of the Stockholders Agreement, provided that, for the avoidance of doubt the approval of the Coordination Committee shall not be required to approve such Transfers. Shares Transferred pursuant to Rule 144 or in a block sale to a financial institution in compliance herewith shall conclusively be deemed thereafter not to be Shares under this Agreement.

Appears in 1 contract

Samples: Registration Rights (Univision Communications Inc)

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