Transfer Waivers Clause Samples
Transfer Waivers. We have agreed that where a six or twelve month wait is required, this requirement may be waived upon mutual agreement between Employee Relations and the International TWU prior to hiring new employees. The Union must receive a written request from an employee who desires this exception.
Transfer Waivers. In the event, post the Closing Date, the Purchaser proposes to Transfer any Shares held by it, then the Company and the active Founders shall, on a best efforts basis, assist and facilitate the Purchaser in procuring necessary consents and waivers, from the relevant investors/ shareholders of the Company (including under Clause 9 of the SHA) for such Transfer of Shares. Provided that if, in a particular instance, the Purchaser is unable to procure necessary consents and waivers despite the Company and the active Founders having undertaken best efforts to assist and facilitate the same, then the Company and the active Founders shall not be in breach of this Clause 5.6.