Common use of Rights and Obligations of Transferees Clause in Contracts

Rights and Obligations of Transferees. Prior to the consummation of a Transfer by any Holder to any Person (including a Permitted Transferee), other than in connection with a Transfer pursuant to Section 4.7, as a condition thereto, the applicable Transferee, unless already a party to this Agreement, shall agree in writing, by executing and delivering the form of Assignment and Assumption Agreement, to become a party to this Agreement and further assume all of the obligations in this Agreement applicable to the Transferring Holder with respect to the Equity Securities being Transferred.

Appears in 2 contracts

Samples: Stockholders Agreement (Bristow Group Inc), Stockholders Agreement

AutoNDA by SimpleDocs

Rights and Obligations of Transferees. Prior to the consummation of a Transfer by any Holder to any Person (including a Permitted Transferee), other than in connection with a Transfer pursuant to Section 4.75.64.7, as a condition thereto, the applicable Transferee, unless already a party to this Agreement, shall agree in writing, by executing and delivering the form of Assignment and Assumption AgreementAgreement attached as Exhibit B hereto, to become a party to this Agreement and further assume all of the obligations in this Agreement applicable to the Transferring Holder with respect to the Equity Securities being Transferred.

Appears in 1 contract

Samples: Stockholders Agreement

AutoNDA by SimpleDocs

Rights and Obligations of Transferees. Prior to the consummation of a Transfer by any Holder to any Person (including a Permitted Transferee), other than in connection with a Transfer pursuant to Section 4.75.6, as a condition thereto, the applicable Transferee, unless already a party to this Agreement, shall agree in writing, by executing and delivering the form of Assignment and Assumption AgreementAgreement attached as Exhibit B hereto, to become a party to this Agreement and further assume all of the obligations in this Agreement applicable to the Transferring Holder with respect to the Equity Securities being Transferred.

Appears in 1 contract

Samples: Stockholders Agreement

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