Rights of Preferred Shareholder to Transfer. The Preferred Shareholder shall be entitled to Transfer any of the Shares held by it to any Person without the consent of the Company or the Other Shareholders. Any such transferee or assignee shall be admitted to the Company as a substitute Preferred Shareholder.
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Samples: Loan Agreement (Alternative Living Services Inc), Loan Agreement (Alternative Living Services Inc)
Rights of Preferred Shareholder to Transfer. The Preferred ------------------------------------------- Shareholder shall be entitled to Transfer any of the Shares held by it to any Person without the consent of the Company or the Other ShareholdersShareholders provided that such Transfer shall be in accordance with clause (viii) of the definition of the term "Permitted Transfers" set forth in the Loan Agreement. Any such transferee or assignee shall be admitted to the Company as a substitute Preferred Shareholder.
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Rights of Preferred Shareholder to Transfer. The Preferred ------------------------------------------- Shareholder shall be entitled to Transfer any of the Shares held by it to any Person without the consent of the Company or the Other ShareholdersShareholders provided that such Transfer shall be in accordance with clause (viii) of the definition of the term "Permitted Transfers" set forth in the Loan Agreement. Any such transferee or assignee shall be admitted deemed to the Company as be a substitute Preferred Shareholder.
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