Common use of Prohibited Transfer Clause in Contracts

Prohibited Transfer. Any purchase which causes a Purchaser to be in violation of the terms of Section 10.2 above ("Prohibited Acquisition") shall not be effected by PixTech and shall be voidable at the option of PixTech by its giving written notice to the transferor, his transferee and such Purchaser.

Appears in 4 contracts

Samples: Common Stock Purchase Agreement (Unipac Optoelectronics Corp), Common Stock Purchase Agreement (United Microelectronics Corp), Common Stock Purchase Agreement (Pixtech Inc /De/)

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Prohibited Transfer. Any purchase which causes a Purchaser ------------------- to be in violation of the terms of Section 10.2 above ("Prohibited Acquisition") shall not be effected by PixTech and shall be voidable at the option of PixTech by its giving written notice to the transferor, his transferee and such Purchaser.

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Pixtech Inc /De/)

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