Common use of Transfer to Permitted Transferees Clause in Contracts

Transfer to Permitted Transferees. Subject to the provisions of Section 3.4 and Section 3.3(b), each Permitted Transferee of any Shareholder to which Shares are Transferred shall, and such Shareholder shall cause such Permitted Transferee to, Transfer back to such Shareholder (or to another Permitted Transferee of such Shareholder) any Shares it owns if such Permitted Transferee ceases to be a Permitted Transferee of such Shareholder.

Appears in 4 contracts

Samples: Shareholder Agreements, Joint Written Consent (Hawker Beechcraft Notes Co), Shareholder Agreement (Sensus Metering Systems Inc)

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Transfer to Permitted Transferees. Subject to the provisions of Section 3.4 4.1(a) and Section 3.3(b)4.3, a Stockholder may Transfer any or all of its Company Shares to a Permitted Transferee of such Stockholder; provided that each Permitted Transferee of any Shareholder such Stockholder to which Company Shares are Transferred shall, and such Shareholder Stockholder shall cause each such Permitted Transferee to, Transfer back to such Shareholder Stockholder (or to another Permitted Transferee of such ShareholderStockholder) any Company Shares it owns if such Permitted Transferee ceases to be a Permitted Transferee of such ShareholderStockholder.

Appears in 2 contracts

Samples: Stockholders Agreement (Cobalt International Energy, Inc.), Reorganization Agreement (Cobalt International Energy, Inc.)

Transfer to Permitted Transferees. Subject to the provisions of Section 3.4 4.1(a), Section 4.5, and Section 3.3(b)4.6, a Shareholder may Transfer any or all of its Company Shares to a Permitted Transferee of such Shareholder; provided that each Permitted Transferee of any Shareholder to which Company Shares are Transferred shall, and such Shareholder shall cause such Permitted Transferee to, Transfer back to such Shareholder (or to another Permitted Transferee of such Shareholder) any Company Shares it owns if such Permitted Transferee ceases to be a Permitted Transferee of such Shareholder.

Appears in 2 contracts

Samples: Shareholders Agreement (Education Management Corporation), Shareholder Agreement (Education Management Corporation)

Transfer to Permitted Transferees. Subject A Shareholder may Transfer its Securities to the provisions a Permitted Transferee of Section 3.4 and Section 3.3(b), such Shareholder; provided that each Permitted Transferee of any Shareholder to which Shares Securities are Transferred shall, and such Shareholder shall cause such Permitted Transferee to, Transfer back to such Shareholder (or to another Permitted Transferee of such Shareholder) any Shares Securities it owns if such Permitted Transferee ceases to be a Permitted Transferee of such Shareholder.

Appears in 2 contracts

Samples: Shareholder Agreement (Goldman Sachs Group Inc), Shareholder Agreements (THL Equity Advisors VI, LLC)

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Transfer to Permitted Transferees. Subject to the provisions of Section 3.4 4.1(a) and Section 3.3(b)4.6, a Shareholder may Transfer its Company Shares to a Permitted Transferee of such Shareholder; provided that each Permitted Transferee of any Shareholder to which Company Shares are Transferred shall, and such Shareholder shall cause such Permitted Transferee to, Transfer back to such Shareholder (or to another Permitted Transferee of such Shareholder) any Company Shares it owns if such Permitted Transferee ceases to be a Permitted Transferee of such Shareholder.

Appears in 1 contract

Samples: Shareholder Agreement (Burger King Holdings Inc)

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