Common use of Permitted Transfers to Controlled Affiliates Clause in Contracts

Permitted Transfers to Controlled Affiliates. (1) Notwithstanding Section 6.1 but subject to Section 6.2 and Section 6.9, a Shareholder who is not then in default of its obligations under this Agreement will be entitled to Transfer to a Controlled Affiliate, without complying with Section 6.6, title to all or part of its Shares to one of its Controlled Affiliates, provided that:

Appears in 5 contracts

Samples: Shareholder Agreement, Unanimous Shareholder Agreement (Pattern Energy Group Inc.), Unanimous Shareholder Agreement (Pattern Energy Group Inc.)

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Permitted Transfers to Controlled Affiliates. (1) Notwithstanding Section 6.1 7.1 but subject to Section 6.2 Sections 7.2, 7.8 and Section 6.97.10, a Shareholder Limited Partner who is not then in default of its obligations under this Agreement will be entitled to Transfer to a Controlled Affiliate, without first complying with Section 6.67.5 or 7.6 or, for greater certainty, Article 11, title to all or part of its Shares Units to one or more of its Controlled Affiliates, provided that:

Appears in 3 contracts

Samples: Limited Partnership Agreement (Pattern Energy Group Inc.), Partnership Agreement (Pattern Energy Group Inc.), Limited Partnership Agreement (Pattern Energy Group Inc.)

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