Common use of Rights and Obligations of Transferees Clause in Contracts

Rights and Obligations of Transferees. (a) No Transferee of any Stockholder, except a Permitted Transferee, shall be entitled to any rights under this Agreement. A Permitted Transferee shall become a party to this Agreement and shall be permitted to exercise all rights of the Transferring Stockholder under this Agreement with respect to Equity Securities Transferred.

Appears in 4 contracts

Samples: Stockholders’ Agreement (Virgin Mobile USA, Inc.), Stockholders’ Agreement (Virgin Mobile USA, Inc.), Stockholders’ Agreement (Virgin Mobile USA, Inc.)

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Rights and Obligations of Transferees. (a) No Transferee of any Stockholder, Shareholder (except a Permitted Transferee, ) shall be entitled to any rights under this AgreementAgreement except as provided in Section 2.3(b). A Permitted Transferee shall become a party to this Agreement and shall be permitted to exercise all rights of the Transferring Stockholder Shareholder under this Agreement Agreement, and shall be required to assume all of the obligations of the Transferring Shareholder under this Agreement, with respect to Equity Securities the Shares Transferred.

Appears in 1 contract

Samples: Shareholders Agreement (American Real Estate Partners L P)

Rights and Obligations of Transferees. (a) No Transferee of any Stockholder, except a Permitted Transferee, shall be entitled to any rights under this Agreement. A Permitted Transferee shall become a party to this Agreement and shall be permitted to exercise all rights of the Transferring transferring Stockholder under this Agreement with respect to Equity Securities the Common Stock Transferred.

Appears in 1 contract

Samples: Stockholders Agreement (Propel Media, Inc.)

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Rights and Obligations of Transferees. (a) No Transferee of any Stockholder, Shareholder (except a Permitted Transferee, ) shall be entitled to any rights under this AgreementAgreement except as provided in Section 2.3(b). A Permitted Transferee shall become a party to this Agreement and shall be permitted to exercise all rights of the Transferring Stockholder Shareholder under this Agreement Agreement, and shall be required to assume all of the obligations of the Transferring Shareholder under this Agreement, with respect to Equity Securities the Shares and Additional Ares Shares Transferred.

Appears in 1 contract

Samples: Shareholders Agreement (Sandridge Energy Inc)

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