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 (Select Income REIT), Registration Rights and Lock Up Agreement (Senior Housing Properties Trust), Registration Rights and Lock Up Agreement (Government Properties Income Trust)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!