Common use of Restrictions on Transfer of Common Shares Clause in Contracts

Restrictions on Transfer of Common Shares. TRUST agrees that, during the Lock-Up Period, it will not Transfer any Lock-Up Shares or publicly announce an intention to effect any Transfer of Lock-Up Shares other than a Permitted Transfer; provided, however, that it shall be a pre-condition to any Permitted Transfer that each Permitted Transferee agrees in writing to be bound by the restrictions set forth in this Section 2.1.

Appears in 4 contracts

Samples: Registration Rights and Lock Up Agreement (Government Properties Income Trust), Registration Rights and Lock Up Agreement (Hospitality Properties Trust), Registration Rights and Lock Up Agreement (Select Income REIT)

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