Common use of Rights and Obligations of Transferees Clause in Contracts

Rights and Obligations of Transferees. (a) Except as otherwise contemplated by this Agreement, no Shareholder shall directly or indirectly purchase or otherwise acquire Bank Shares or any beneficial interest therein to the extent such acquisition would require any of the Shareholders to launch a tender offer to acquire all Bank Shares; provided that nothing in this Agreement shall prohibit Itaú Parent or Company One from purchasing or otherwise acquiring Bank Shares to the extent necessary for the Majority of the Chilean Bank Condition to remain satisfied.

Appears in 5 contracts

Samples: Shareholders Agreement, Shareholders Agreement (Saieh Bendeck Alvaro), Transaction Agreement (Corpbanca/Fi)

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