Stapling. (a) Any transfer of assignement of any participation in a Facility B1 Loan or in a Facility B2 Loan (as the case may be) shall only be effective if the Existing Lender also transfers or assigns to the same relevant New Lender of:
(i) in the case of a Facility B1 Loan, the same proportion of a Facility B2 Loan; and
(ii) in the case of a Facility B2 Loan, the same proportion of a Facility B1 Loan, in each case as the portion of participation in the Facility B1 Loan or in the Facility B2 Loan (as the cas may be) to be so transferred or assigned.
(b) The Existing Lender and the New Lender shall provide to the Agent any information the Agent reasonably requires for the purposes of ensuring compliance with this Clause 29.2.
Stapling. 11.1 The Manager may only issue a Series A Class Unit if at the same time it issues a corresponding Series B Class Unit and Series C Class Unit.
11.2 Each:
(a) Series A Class Unit is stapled to a corresponding Series B Class Unit and Series C Class Unit; and
(b) Series B Class Unit is stapled to the corresponding Series C Class Unit referred to in paragraph (a),
11.3 Subject to the Listing Rules and the SCH business rules, any transfer of a PP Unit is effective only if there is a simultaneous transfer of any PP Unit to which the PP Unit is stapled, to the same transferee. This clause also applies, mutatis mutandis, to transmission of PP Units.
11.4 Series A Class Units will become unstapled from the Series B Class Units and the Series C Class Units to which they are stapled at the end of the Unstapling Date for the Series A Class Units and Series B Class Units will become unstapled from Series C Class Units at the end of the Unstapling Date for the Series B Class Units.
11.5 In this CLAUSE 11:
(a) STAPLING' refers to the linkage between a Series A Class Unit, a Series B Class Unit and a Series C Class Unit applying by virtue of the restrictions on issue, transfer and transmission of these Units set out in this clause;
(b) UNSTAPLING DATE' in relation to a PP Unit means the date on which a PP Unit will cease to be stapled to another PP Unit in accordance with the Listing Rules or such other date as the Manager determines in accordance with the Listing Rules.
Stapling. The parties acknowledge and agree that:
(a) BBI is considering the Stapling;
(b) BBI must not implement the Stapling without the express prior written consent of Brookfield, such consent not to be unreasonably withheld; and
(c) if the Stapling is completed and implemented before Transaction Completion, all references to a ‘BBI Security’ in this agreement will be deemed to be references to a ‘Triple Stapled Security’.
Stapling. No Security Holder nor any of their Transferees may Transfer any of their Securities pursuant to Clause 8 without Transferring the same proportion of all classes of Securities held by it.
Stapling. Transfer of the shares of Common Stock received by LC9 Connected Holdings LP, a Delaware limited partnership (“L Xxxxxxxxx”), pursuant to Section 1.1(e) of the Omnibus Investor Agreement, dated as of September 27, 2021 by and among L Xxxxxxxxx, Icon Preferred Holdings, L.P. (“Pamplona”), the Corporation and the other parties thereto (the “Omnibus Agreement”) shall be transferable to a transferee only if transferred in the manner set forth in Section [ ] of the Company Bylaws, and any purported transfer that is not made in such manner shall be void ab initio and of no effect. Transfer of the shares of Common Stock received by Pamplona pursuant to Section 1.1(e) of the Omnibus Agreement shall be transferable to a transferee only if transferred in the manner set forth in Section [ ] of the Company Bylaws, and any purported transfer that is not made in such manner shall be void ab initio and of no effect. It is the intention of the Corporation that for so long as a share of Common Stock is required to be transferred in the manner set forth in [Section [ ] of [the Company Bylaws] (as such [Company Bylaws] exist as of the date hereof) shall be treated for U.S. federal income tax purposes as a single integrated security that constitutes stock and this Section 3.7 shall be interpreted in a manner consistent therewith. [ ]. In accordance with [Section 3.7 of the Company COI], the shares of Common Stock received by LC9 Connected Holdings LP, a Delaware limited partnership (“L Xxxxxxxxx”), pursuant to Section 1.1(e) of the Omnibus Investor Agreement, dated as of September 27, 2021 by and among L Xxxxxxxxx, Icon Preferred Holdings, L.P. (“Pamplona”), the Corporation and the other parties thereto (the “Omnibus Agreement”) shall be transferable to a transferee only if transferred together with a proportionate principal amount of the 2021 IPO Convertible Note B (as defined in the Omnibus Investor Agreement) issued to L Xxxxxxxxx and a proportionate amount of any shares of Common Stock into which such 2021 Convertible Note B has been converted and any attempted transfer of such shares of Common Stock without a transfer of the proportional portion of the 2021 IPO Convertible Note B and a proportionate amount of any shares of Common Stock into which such 2021 Convertible Note B has been converted shall be void ab initio and of no effect. The shares of Common Stock received by Pamplona pursuant to Section 1.1(e) of the Omnibus Agreement shall be transferable to a transferee ...
Stapling. Each Manager and MIL agrees that unless otherwise expressly provided in this Agreement or the Articles, he or it shall not, without the prior written consent of the Investor, sell, transfer, mortgage, charge or otherwise dispose of any interest in any A Ordinary Shares or Loan Notes without simultaneously transferring to the same transferee an equivalent proportion of each class of A Ordinary Shares and Loan Notes held by him or it.
Stapling. Notwithstanding any other provision of this Agreement:
21.4.1 no Shareholder shall transfer any of the Issued Shares held by it unless that Shareholder also transfers the same proportion of its holding of Contribution Loan Notes;
21.4.2 a transfer of any Shares shall only be permitted if such transfer is made simultaneously with the transfer of the correct amount of Contribution Loan Notes attaching to those Shares; and
21.4.3 the Company shall not register the transfer of any Shares unless duly completed documentation for the transfer of the correct amount of Contribution Loan Notes has been provided to the Company to its satisfaction (acting reasonably).
