Common use of Transfer to Avoid Termination Event Clause in Contracts

Transfer to Avoid Termination Event. Section 6(b)(ii) is hereby amended by (i) deleting the words “or if a Tax Event Upon Merger occurs and the Burdened Party is the Affected Party,” and (ii) by deleting the words “to transfer” and inserting the words “to effect a Permitted Transfer” in lieu thereof.

Transfer to Avoid Termination Event. Section 6(b)(ii) is hereby amended by (i) deleting the words “"or if a Tax Event Upon Merger occurs and the Burdened Party is the Affected Party,” " and (ii) by deleting the words “"to transfer” " and inserting the words “"to effect a Permitted Transfer” " in lieu thereof.

Transfer to Avoid Termination Event. Section 6(b)(ii) is hereby amended by (i) deleting the words “or if a Tax Event Upon Merger occurs and the Burdened Party is the Affected Party,” and (ii) by deleting the words “to transfer” last paragraph thereof and inserting the words “to effect a Permitted Transfer” following in lieu thereof.: “Notwithstanding anything to the contrary in Section 7 (as amended herein) and Part 5(f), any transfer by Party A under this Section 6(b)(ii) shall not require the consent of Party B for such transfer if the following conditions are satisfied:

Transfer to Avoid Termination Event. Section 6(b)(ii) is hereby amended by (i) deleting the words “"or if a Tax Event Upon Merger occurs and the Burdened Party is the Affected Party,” and (ii) by deleting the words “to transfer” and inserting the words “to effect a Permitted Transfer” in lieu thereof."

Transfer to Avoid Termination Event. Section 6(b)(ii) is hereby amended by (i) by deleting the words “or if a Tax Event Upon Merger occurs and the Burdened Party is the Affected Party,” and the words “, which consent will not be withheld if such other party’s policies in effect at such time would permit it to enter into transactions with the transferee on the terms proposed”and (ii) by deleting the words “to transfer” and inserting the words “to effect a Permitted Transfer” in lieu thereof.

Transfer to Avoid Termination Event. Section 6(b)(ii) is hereby amended by (i) by deleting the words “or if a Tax Event Upon Merger occurs and the Burdened Party is the Affected Party,” and the words “, which consent will not be withheld if such other party’s policies in effect at such time would permit it to enter into transactions with the transferee on the terms proposed” and (ii) by deleting the words “to transfer” and inserting the words “to effect a Permitted Transfer” in lieu thereof.

Transfer to Avoid Termination Event. Section 6(b)(ii) is hereby amended by (i) deleting the words “or if a Tax Event Upon Merger occurs and the Burdened Party is the Affected Party,” and (ii) by deleting the words “to transfer” and inserting the words “to effect a Permitted Transfer” in lieu thereof.

Transfer to Avoid Termination Event. Section 6(b)(ii) is hereby amended by (i) by deleting the words “"or if a Tax Event Upon Merger occurs and the Burdened Party is the Affected Party,” " and the words ", which consent will not be withheld if such other party's policies in effect at such time would permit it to enter into transactions with the transferee on the terms proposed" and (ii) by deleting the words “"to transfer” " and inserting the words “"to effect a Permitted Transfer” " in lieu thereof.