Common use of Transfer by Consent Clause in Contracts

Transfer by Consent. During the term of this Agreement any Shareholder may at any time Transfer, with or without consideration, all or any part of his, her or its Stock free and clear of any restrictions or limitations in this Agreement, but only with the express prior consent of both (i) the Board of Directors of MNG, which consent may be granted or withheld in the sole and absolute discretion of the Board of Directors of MNG, and (ii) Hearst, which consent may be granted or withheld in the sole and absolute discretion of Hearst.

Appears in 3 contracts

Samples: Shareholder Agreements (Medianews Group Inc), Shareholders Agreement (Medianews Group Inc), Stock Purchase Agreement (Medianews Group Inc)

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Transfer by Consent. During At any time during the term of this Agreement any Shareholder may at any time Transfer, with or without consideration, all or any part of his, her or its Stock free and clear of any restrictions or limitations in this Agreement, but only with the express prior written consent of both (i) all of the Board of Directors of MNGother parties to this Agreement, which consent may be granted or withheld in the sole and absolute discretion of each of such parties. In the Board event such prior written consent is obtained, this Agreement shall not apply to the Stock to which the consent relates, so long as the Transfer is made in accordance with all the terms and conditions of Directors of MNG, and (ii) Hearst, which consent may be granted or withheld in the sole and absolute discretion of Hearstsuch consent.

Appears in 2 contracts

Samples: Shareholder Agreement (Garden State Newspapers Inc), Shareholder Agreements (Medianews Group Inc)

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Transfer by Consent. During At any time during the term of this Agreement any Shareholder shareholder may at any time Transfer, with or without consideration, all or any part of his, her or its Stock free and clear of any restrictions or limitations in this Agreement, but only with the express prior written consent of both (i) all of the Board of Directors of MNGother parties to this Agreement, which consent may be granted or withheld in the sole and absolute discretion of each of such parties. In the Board event such prior written consent is obtained, this Agreement shall not apply to the Stock to which the consent relates, so long as the Transfer is made in accordance with all the terms and conditions of Directors of MNG, and (ii) Hearst, which consent may be granted or withheld in the sole and absolute discretion of Hearstsuch consent.

Appears in 1 contract

Samples: Shareholders' Agreement (Affiliated Newspapers Investments Inc)

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