Common use of Transfer and Encumbrance of Subject Shares Clause in Contracts

Transfer and Encumbrance of Subject Shares. Other than a Permitted Transfer, from and after the date hereof and until the Expiration Time, Shareholder shall not (i) Transfer any of the Subject Shares, (ii) deposit any Subject Shares into a voting trust or enter into a voting agreement or arrangement with respect to such Subject Shares; (iii) take any action that would cause any representation or warranty of Shareholder contained herein to become untrue or incorrect, in each case in any material respect, or would reasonably be expected to have the effect of preventing or disabling Shareholder from performing its obligations under this Agreement, or (iv) commit or agree to take any of the foregoing actions. If any involuntary Transfer of any Subject Shares shall occur, the transferee shall take and hold such Subject Shares subject to terms of this Agreement.

Transfer and Encumbrance of Subject Shares. Other than a Permitted Transfer, from and after the date hereof and until the Expiration Time, no Shareholder shall not (i) Transfer any of the its Subject Shares, ; (ii) deposit any of its Subject Shares into a voting trust or enter into a voting agreement or arrangement with respect to such Subject Shares; (iii) take any action that would cause any representation or warranty of such Shareholder contained herein to become untrue or incorrect, in each case in any material respect, or would reasonably be expected to have the effect of preventing or disabling such Shareholder from performing its obligations under this Agreement, ; or (iv) commit or agree to take any of the foregoing actions. If any involuntary Transfer of any Subject Shares shall occur, the transferee shall take and hold such Subject Shares subject to terms of this Agreement.