Rights and Obligations of Transferees. (a) Any Transfer of Common Shares to any Permitted Transferee (other than a Stockholder), which Transfer is otherwise in compliance herewith, shall be permitted hereunder only if the Transferee of such Common Shares agrees in writing that it shall, upon such Transfer, assume with respect to such Common Shares the Transferor’s obligations under this Agreement and become a party to this Agreement for such purpose, and any other agreement or instrument executed and delivered by such transferor in respect of the Common Shares.
Appears in 5 contracts
Samples: Stockholders Agreement, Stockholders’ Agreement (Sabre Corp), Stockholders’ Agreement (Sabre Corp)
Rights and Obligations of Transferees. (a) Any Transfer of Common Restricted Shares to any Permitted Transferee (other than a Stockholder), which Transfer is otherwise in compliance herewith, shall be permitted hereunder only if the Transferee of such Common Restricted Shares agrees in writing that it shall, upon such Transfer, assume with respect to such Common Restricted Shares the Transferor’s obligations under this Agreement and become a party to this Agreement for such purpose, and any other agreement or instrument executed and delivered by such transferor Transferor in respect of the Common Restricted Shares.
Appears in 3 contracts
Samples: Stockholders’ Agreement (Blackline, Inc.), Stockholders’ Agreement (Blackline, Inc.), Stockholders’ Agreement (Blackline, Inc.)
Rights and Obligations of Transferees. (a) Any Transfer of Common Company Shares to any Permitted Transferee (other than of a Stockholder)Shareholder, which Transfer is otherwise in compliance herewith, shall be permitted hereunder only if the such Permitted Transferee of such Common Shares agrees in writing that it shall, upon such Transfer, assume with respect to such Common Company Shares the Transferortransferor’s obligations under this Agreement and become a party to this Agreement for such purpose, and any other agreement or instrument executed and delivered by such transferor in respect of the Common Company Shares.
Appears in 2 contracts
Samples: Shareholders Agreement (Education Management Corporation), Form of Shareholders Agreement (Education Management Corporation)
Rights and Obligations of Transferees. (a) Any Transfer transfer of shares of Company Common Shares Stock to any a Permitted Transferee (other than a Stockholder), which Transfer is otherwise in compliance herewith, shall be permitted hereunder only if the Transferee transferee of such shares of Company Common Shares Stock agrees in writing that it shall, upon such Transfer, assume with respect to such shares of Company Common Shares Stock the Transferortransferor’s obligations under this Agreement and become a party to this Agreement for such purpose, and any other agreement or instrument executed and delivered by such transferor in respect of the shares of Company Common SharesStock.
Appears in 2 contracts
Samples: Shareholder Rights Agreement (Net Element, Inc.), Shareholder Rights Agreement (Net Element, Inc.)
Rights and Obligations of Transferees. (a) Any Transfer of Common Shares to any Permitted Transferee (other than a Stockholder)Stock, which Transfer is otherwise in compliance herewith, shall be permitted hereunder only if the such Transferee of such Common Shares agrees in writing that it shall, upon such Transfer, assume with respect to such Common Shares Stock the Transferortransferor’s obligations under this Agreement and become a party to this Agreement for such purpose, and any other agreement or instrument executed and delivered by such transferor in respect of the Common SharesStock.
Appears in 1 contract
Samples: Stockholders Agreement (Archipelago Learning, Inc.)
Rights and Obligations of Transferees. (a) Any Transfer of Common Company Shares to any Permitted Transferee Person (other than a Stockholder), which Transfer is otherwise in compliance herewith, shall be permitted hereunder only if the Transferee of such Common Company Shares agrees in writing that it shall, upon such Transfer, assume with respect to such Common Company Shares the Transferor’s obligations under this Agreement and become a party to this Agreement for such purpose, and any other agreement or instrument executed and delivered by such transferor Transferor in respect of the Common Company Shares.
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