Substitution of Transferee. Following a transfer under this Section 2.1, the transferee shall be substituted for, and shall enjoy the same rights, and be subject to the same obligations, as the transferring Shareholder with respect to the transferred Shares, except that in the case of any transfer other than a transfer from an SPE Shareholder or a Permitted Transferee, such transferee shall not have any rights pursuant to Section 5.4.
Substitution of Transferee. For purposes of Section 9.1(c)(ii), the Managing General Partner hereby consents to the admission to the Partnership as a Limited Partner or a substituted Limited Partner of a corporation, all of whose outstanding capital stock is owned by RIMCO Partners, L.P. XX, XXMCO Partners, L.P. III, RIMCO Partners, L.P. XX xxx/or any future limited partnership that is managed by Resource Investors Management Company and whose purpose and investor profile is similar to such existing RIMCO limited partnerships.
Substitution of Transferee. Upon becoming a party to this Agreement, (a) if and to the extent elected by the Majority Crestview Stockholders, a transferee of any Crestview Stockholder shall be substituted for, and shall enjoy the same rights and be subject to the same obligations as, the transferring Crestview Stockholder hereunder with respect to the Common Shares transferred to such transferee and (b) a transferee of a Non-Crestview Stockholder shall be substituted for, and shall enjoy the same rights and be subject to the same obligations as, such transferring Non-Crestview Stockholder hereunder with respect to the Common Shares transferred to such transferee.
Substitution of Transferee. The Buyer may elect, by giving notice to the Seller not less than five Business Days prior to the intended Closing Date, to have the Shares transferred by the Seller to such Affiliate of the Buyer as the Buyer may nominate in such notice, provided that, the Buyer shall remain a Party to this Agreement and such election shall not affect the obligations of the Buyer pursuant to this Agreement including, without limitation, as to payment of the Equity Purchase Price.
Substitution of Transferee. A Member shall have the right to substitute a transferee as a Member in his place but only if such transferee is a permitted transferee under Section 11.3, in which event such substitution shall occur if the Member so provides.
