Transfer. This Agreement and all of the Purchaser’s rights and obligations hereunder (including the Purchaser’s obligation to purchase the Forward Purchase Units) may be transferred or assigned, at any time and from time to time, in whole or in part, to one or more affiliates of the Purchaser (each such transferee, a “Transferee”). Upon any such assignment: (i) the applicable Transferee shall execute a signature page to this Agreement, substantially in the form of the Purchaser’s signature page hereto (the “Joinder Agreement”), which shall reflect the number of Forward Purchase Units to be purchased by such Transferee (the “Transferee Securities”), and, upon such execution, such Transferee shall have all the same rights and obligations of the Purchaser hereunder with respect to the Transferee Securities, and references herein to the “Purchaser” shall be deemed to refer to and include any such Transferee with respect to such Transferee and to its Transferee Securities; provided, that any representations, warranties, covenants and agreements of the Purchaser and any such Transferee shall be several and not joint and shall be made as to the Purchaser or any such Transferee, as applicable, as to itself only; and (ii) upon a Transferee’s execution and delivery of a Joinder Agreement, the number of Forward Purchase Units to be purchased by the Purchaser hereunder shall be reduced by the total number of Forward Purchase Units to be purchased by the applicable Transferee pursuant to the applicable Joinder Agreement, which reduction shall be evidenced by the Purchaser and the Company amending Schedule A to this Agreement to reflect each transfer and updating the “Number of Forward Purchase Units” and “Aggregate Purchase Price for Forward Purchase Units” on the Purchaser’s signature page hereto to reflect such reduced number of Forward Purchase Units, and the Purchaser shall be fully and unconditionally released from its obligation to purchase such Transferee Securities hereunder. For the avoidance of doubt, this Agreement need not be amended and restated in its entirety, but only Schedule A and the Purchaser’s signature page hereto need be so amended and updated and executed by each of the Purchaser and the Company upon the occurrence of any such transfer of Transferee Securities.
Appears in 25 contracts
Samples: Forward Purchase Agreement (LatAmGrowth SPAC), Forward Purchase Agreement (LatAmGrowth SPAC), Forward Purchase Agreement (Rigel Resource Acquisition Corp.)
Transfer. This Agreement 11.1 Transfer shall not be passed to the Purchaser, notwithstanding anything to the contrary herein contained, until such time as the total Purchase Price and all other amounts for which the Purchaser may be liable in terms hereto, have been paid and/or payment thereof has been secured as herein provided.
11.2 Transfer of the Purchaser’s rights Property shall be passed by the Seller‘s attorneys as soon as possible after date of acceptance, providing the Purchaser has complied with the provisions of the aforementioned sub- clause.
11.3 The Purchaser hereby specifically authorises and obligations hereunder (including agrees to the Purchaser’s obligation to purchase the Forward Purchase Units) may be transferred or assigned, at any time and from time to time, attorneys mentioned in whole or in partSchedule “1”, to one or more affiliates prepare and complete, from information provided by the Purchaser herein, a transfer duty form required by the SARS for the clearance of the Property for transfer; and specifically authorises and agrees to the said attorneys on behalf of the Purchaser (each signing and submitting such transfereeform to SARS for which preparation, a “Transferee”). Upon any such assignment:completion, signature and submission this Agreement shall be sufficient authority.
(i) the applicable Transferee shall execute a signature page to this Agreement, substantially in the form 11.4 Transfer of the Purchaser’s signature page hereto Property shall be effected by the attorneys mentioned in Schedule “1” and all expenses of and incidental to the preparation and registration of transfer, the conveyancing fees, disbursements and VAT (the “Joinder Agreement”if applicable), which in respect of such transfer, shall reflect be borne by the number Purchaser including all expenses and legal costs incidental to the preparation and registration of Forward Purchase Units any mortgage bond to be purchased by such Transferee (finance institution approving the “Transferee Securities”), and, upon such execution, such Transferee shall have all finance.
11.5 In the same rights and obligations event of the Purchaser hereunder failing to comply within 7 (seven) days of being requested by the said Attorneys, to furnish them with respect signed documents or documentation of whatever nature necessary for effecting transfer, or where applicable to ensure that the Transferee Securities, mortgage bond documentation or ancillary documentation is satisfactorily completed (and references herein to the “Purchaser” widest possible interpretation shall be deemed to refer to and include any such Transferee with used in respect to such Transferee and to its Transferee Securities; provided, that any representations, warranties, covenants and agreements of the Purchaser and any such Transferee shall be several and not joint and shall be made as to the Purchaser or any such Transfereeterms hereof), as applicable, as to itself only; and
(ii) upon a Transferee’s execution and delivery of a Joinder Agreement, the number of Forward Purchase Units to be purchased by the Purchaser hereunder shall be reduced by the total number of Forward Purchase Units to be purchased by the applicable Transferee pursuant to the applicable Joinder Agreement, which reduction shall be evidenced by the Purchaser and the Company amending Schedule A to this Agreement to reflect each transfer and updating the “Number of Forward Purchase Units” and “Aggregate Purchase Price for Forward Purchase Units” then ipso facto on the Purchaser’s signature page hereto to reflect 8th (eighth) day after such reduced number of Forward Purchase Unitsrequest, and the Purchaser shall be fully pay to the Seller penalty interest, at the rate of 2% (two percentum) above prime, calculated from the said 8th (eighth) day until the date of transfer, (both days inclusive).
11.6 The Purchaser acknowledges and unconditionally released accordingly undertakes to comply with all the FICA requirements as set out in Schedule "7" annexed hereto within 7 (seven) days from its obligation to purchase such Transferee Securities hereunder. For the avoidance date of doubt, acceptance of this Agreement need not be amended by the Seller and restated to supply the attorneys all information and documentation required by the attorneys to enable the attorneys to fulfil their obligations in its entirety, but only Schedule A and the Purchaser’s signature page hereto need be so amended and updated and executed by each terms of the Purchaser and the Company upon the occurrence of any such transfer of Transferee SecuritiesFICA.
Appears in 23 contracts
Samples: Deed of Sale, Deed of Sale, Deed of Sale
Transfer. This Agreement and all of the Purchaser’s rights and obligations hereunder (including the Purchaser’s obligation to purchase the Forward Purchase Units) may be transferred or assigned, at any time and from time to time, in whole or in part, to one or more affiliates of the Purchaser third parties (each such transferee, a “Transferee”), subject to the prior written consent of the Company (not to be unreasonably denied, withheld or delayed). Upon any such assignment:
(ia) the applicable Transferee shall execute a signature page to this Agreement, substantially in the form of the Purchaser’s signature page hereto (the “Joinder Agreement”), which shall reflect the number of Forward Purchase Units Shares and Forward Purchase Warrants to be purchased by such Transferee (the “Transferee Securities”), and, upon such execution, such Transferee shall have all the same rights and obligations of the Purchaser hereunder with respect to the Transferee Securities, and references herein to the “Purchaser” shall be deemed to refer to and include any such Transferee with respect to such Transferee and to its Transferee Securities; provided, that any representations, warranties, covenants and agreements of the Purchaser and any such Transferee shall be several and not joint and shall be made as to the Purchaser or any such Transferee, as applicable, as to itself only; and
(iib) upon a Transferee’s execution and delivery of a Joinder Agreement, the number of Forward Purchase Units Shares and Forward Purchase Warrants to be purchased by the Purchaser hereunder shall be reduced by the total number of Forward Purchase Units Shares and Forward Purchase Warrants to be purchased by the applicable Transferee pursuant to the applicable Joinder Agreement, which reduction shall be evidenced by the Purchaser and the Company amending Schedule A to this Agreement to reflect each transfer and updating the “Number of Forward Purchase Units” Shares”, “Number of Forward Purchase Warrants”, and “Aggregate Purchase Price for Forward Purchase Units” on the Purchaser’s signature page hereto to reflect such reduced number of Forward Purchase Units, and the Purchaser shall be fully and unconditionally released from its obligation to purchase such Transferee Securities hereunder. For the avoidance of doubt, this Agreement need not be amended and restated in its entirety, but only Schedule A and the Purchaser’s signature page hereto need be so amended and updated and executed by each of the Purchaser and the Company upon the occurrence of any such transfer of Transferee Securities.
Appears in 14 contracts
Samples: Forward Purchase Agreement (Lanvin Group Holdings LTD), Forward Purchase Agreement (Lanvin Group Holdings LTD), Forward Purchase Agreement (Summit Healthcare Acquisition Corp.)
Transfer. This Agreement and all of the Purchaser’s rights and obligations hereunder (including the Purchaser’s obligation to purchase the Forward Purchase UnitsShares) may be transferred or assigned, at any time and from time to time, in whole or in part, to one or more affiliates of the Purchaser (each such transferee, a “Transferee”). Upon any such assignment:
(i) the applicable Transferee shall execute a signature page to this Agreement, substantially in the form of the Purchaser’s signature page hereto (the “Joinder Agreement”), which shall reflect the number of Forward Purchase Units Shares to be purchased by such Transferee (the “Transferee Securities”), and, upon such execution, such Transferee shall have all the same rights and obligations of the Purchaser hereunder with respect to the Transferee Securities, and references herein to the “Purchaser” shall be deemed to refer to and include any such Transferee with respect to such Transferee and to its Transferee Securities; provided, that any representations, warranties, covenants and agreements of the Purchaser and any such Transferee shall be several and not joint and shall be made as to the Purchaser or any such Transferee, as applicable, as to itself only; and
(ii) upon a Transferee’s execution and delivery of a Joinder Agreement, the number of Forward Purchase Units Shares to be purchased by the Purchaser hereunder shall be reduced by the total number of Forward Purchase Units Shares to be purchased by the applicable Transferee pursuant to the applicable Joinder Agreement, which reduction shall be evidenced by the Purchaser and the Company amending Schedule A to this Agreement to reflect each transfer and updating the “Number of Forward Purchase UnitsShares” and “Aggregate Purchase Price for Forward Purchase UnitsShares” on the Purchaser’s signature page hereto to reflect such reduced number of Forward Purchase UnitsShares, and the Purchaser shall be fully and unconditionally released from its obligation to purchase such Transferee Securities hereunder. For the avoidance of doubt, this Agreement need not be amended and restated in its entirety, but only Schedule A and the Purchaser’s signature page hereto need be so amended and updated and executed by each of the Purchaser and the Company upon the occurrence of any such transfer of Transferee Securities.
Appears in 12 contracts
Samples: Forward Purchase Agreement (Igniting Consumer Growth Acquisition Co LTD), Forward Purchase Agreement (Inflection Point Acquisition Corp.), Forward Purchase Agreement (Inflection Point Acquisition Corp.)
Transfer. This Agreement and all of the Purchaser’s rights and obligations hereunder (including the Purchaser’s obligation to purchase the Forward Purchase UnitsShares) may be transferred or assigned, at any time and from time to time, in whole or in part, to one or more affiliates of the Purchaser third parties (each such transferee, a “Transferee”). Upon any such assignment:
(i) the applicable Transferee shall execute a signature page to this Agreement, substantially in the form of the Purchaser’s signature page hereto (the “Joinder Agreement”), which shall reflect the number of Forward Purchase Units Shares to be purchased by such Transferee (the “Transferee Securities”), and, upon such execution, such Transferee shall have all the same rights and obligations of the Purchaser hereunder with respect to the Transferee Securities, and references herein to the “Purchaser” shall be deemed to refer to and include any such Transferee with respect to such Transferee and to its Transferee Securities; provided, that any representations, warranties, covenants and agreements of the Purchaser and any such Transferee shall be several and not joint and shall be made as to the Purchaser or any such Transferee, as applicable, as to itself only; and
(ii) upon a Transferee’s execution and delivery of a Joinder Agreement, the number of Forward Purchase Units Shares to be purchased by the Purchaser hereunder shall be reduced by the total number of Forward Purchase Units Shares to be purchased by the applicable Transferee pursuant to the applicable Joinder Agreement, which reduction shall be evidenced by the Purchaser and the Company amending Schedule A to this Agreement to reflect each transfer and updating the “Number of Forward Purchase UnitsShares” and “Aggregate Purchase Price for Forward Purchase UnitsShares” on the Purchaser’s signature page hereto to reflect such reduced number of Forward Purchase UnitsShares, and the Purchaser shall be fully and unconditionally released from its obligation to purchase such Transferee Securities hereunder. For the avoidance of doubt, this Agreement need not be amended and restated in its entirety, but only Schedule A and the Purchaser’s signature page hereto need be so amended and updated and executed by each of the Purchaser and the Company upon the occurrence of any such transfer of Transferee Securities.
Appears in 11 contracts
Samples: Forward Purchase Agreement (Forbion European Acquisition Corp.), Forward Purchase Agreement (Forbion European Acquisition Corp.), Forward Purchase Agreement (Target Global Acquisition I Corp.)
Transfer. This Agreement The Warrants and the Warrant Stock shall be freely transferable, subject to compliance with this Section 3.1 and all applicable laws, including, but not limited to the Securities Act. If, at the time of the Purchaser’s rights and obligations hereunder surrender of this Warrant in connection with any transfer of this Warrant or the resale of the Warrant Stock, this Warrant or the Warrant Stock, as applicable, shall not be registered under the Securities Act, the Company may require, as a condition of allowing such transfer (including i) that the Purchaser’s obligation Holder or transferee of this Warrant or the Warrant Stock as the case may be, furnish to purchase the Forward Purchase Units) Company a written opinion of counsel that is reasonably acceptable to the Company to the effect that such transfer may be transferred made without registration under the Securities Act, (ii) that the Holder or assigned, at any time transferee execute and from time deliver to timethe Company an investment representation letter in form and substance acceptable to the Company and substantially in the form attached as Exhibit C hereto and (iii) that the transferee be an “accredited investor” as defined in Rule 501(a) promulgated under the Securities Act. Transfer of this Warrant and all rights hereunder, in whole or in part, to one or more affiliates in accordance with the foregoing provisions, shall be registered on the books of the Purchaser (each Company to be maintained for such transfereepurpose, upon surrender of this Warrant at the principal office of the Company referred to in Section 2.1 or the office or agency designated by the Company pursuant to Section 12, together with a “Transferee”). Upon any such assignment:
(i) the applicable Transferee shall execute a signature page to written assignment of this Agreement, Warrant substantially in the form of Exhibit B hereto duly executed by the Purchaser’s signature page hereto (Holder or its agent or attorney and funds sufficient to pay any transfer taxes payable upon the “Joinder Agreement”), which shall reflect the number making of Forward Purchase Units to be purchased by such Transferee (the “Transferee Securities”), transfer. Upon such surrender and, upon such executionif required, such Transferee payment, the Company shall have all execute and deliver a new Warrant or Warrants in the same rights and obligations name of the Purchaser hereunder with respect assignee or assignees and in the denomination specified in such instrument of assignment, and shall issue to the Transferee Securitiesassignor a new Warrant evidencing the portion of this Warrant not so assigned, and references herein to this Warrant shall promptly be cancelled. Following a transfer that complies with the “Purchaser” shall requirements of this Section 3.1, the Warrant may be deemed to refer to and include any such Transferee with respect to such Transferee and to its Transferee Securities; provided, that any representations, warranties, covenants and agreements exercised by a new Holder for the purchase of shares of Common Stock regardless of whether the Company issued or registered a new Warrant on the books of the Purchaser and any such Transferee shall be several and not joint and shall be made as to the Purchaser or any such Transferee, as applicable, as to itself only; and
(ii) upon a Transferee’s execution and delivery of a Joinder Agreement, the number of Forward Purchase Units to be purchased by the Purchaser hereunder shall be reduced by the total number of Forward Purchase Units to be purchased by the applicable Transferee pursuant to the applicable Joinder Agreement, which reduction shall be evidenced by the Purchaser and the Company amending Schedule A to this Agreement to reflect each transfer and updating the “Number of Forward Purchase Units” and “Aggregate Purchase Price for Forward Purchase Units” on the Purchaser’s signature page hereto to reflect such reduced number of Forward Purchase Units, and the Purchaser shall be fully and unconditionally released from its obligation to purchase such Transferee Securities hereunder. For the avoidance of doubt, this Agreement need not be amended and restated in its entirety, but only Schedule A and the Purchaser’s signature page hereto need be so amended and updated and executed by each of the Purchaser and the Company upon the occurrence of any such transfer of Transferee SecuritiesCompany.
Appears in 11 contracts
Samples: Warrant Agreement (Access Pharmaceuticals Inc), Warrant Agreement (Access Pharmaceuticals Inc), Warrant Agreement (Access Pharmaceuticals Inc)
Transfer. This Agreement and all of the Purchaser’s rights and obligations hereunder (including the Purchaser’s obligation to subscribe for and purchase the Forward Purchase UnitsShares) may be transferred or assigned, at any time and from time to time, in whole or in part, to one or more affiliates of the Purchaser third parties (each such transferee, a “Transferee”). Upon any such assignment:
(i) the applicable Transferee shall execute a signature page to this Agreement, substantially in the form of the Purchaser’s signature page hereto (the “Joinder Agreement”), which shall reflect the number of Forward Purchase Units Shares to be purchased by such Transferee (the “Transferee Securities”), and, upon such execution, such Transferee shall have all the same rights and obligations of the Purchaser hereunder with respect to the Transferee Securities, and references herein to the “Purchaser” shall be deemed to refer to and include any such Transferee with respect to such Transferee and to its Transferee Securities; provided, that any representations, warranties, covenants and agreements of the Purchaser and any such Transferee shall be several and not joint and shall be made as to the Purchaser or any such Transferee, as applicable, as to itself only; and
(ii) upon a Transferee’s execution and delivery of a Joinder Agreement, the number of Forward Purchase Units Shares to be purchased by the Purchaser hereunder shall be reduced by the total number of Forward Purchase Units Shares to be purchased by the applicable Transferee pursuant to the applicable Joinder Agreement, which reduction shall be evidenced by the Purchaser and the Company amending Schedule A to this Agreement to reflect each transfer and updating the “Number of Forward Purchase UnitsShares” and “Aggregate Purchase Price for Forward Purchase UnitsShares” on the Purchaser’s signature page hereto to reflect such reduced number of Forward Purchase UnitsShares, and the Purchaser shall be fully and unconditionally released from its obligation to purchase such Transferee Securities hereunder. For the avoidance of doubt, this Agreement need not be amended and restated in its entirety, but only Schedule A and the Purchaser’s signature page hereto need be so amended and updated and executed by each of the Purchaser and the Company upon the occurrence of any such transfer of Transferee Securities.
Appears in 10 contracts
Samples: Forward Purchase Agreement (ION Acquisition Corp 3 Ltd.), Forward Purchase Agreement (ION Acquisition Corp 3 Ltd.), Forward Purchase Agreement (ION Acquisition Corp 3 Ltd.)
Transfer. This Agreement The Warrants and the Warrant Stock shall be freely transferable, subject to compliance with all applicable laws, including, but not limited to the Securities Act. If, at the time of the surrender of this Warrant in connection with any transfer of this Warrant or the resale of the Warrant Stock, this Warrant or the Warrant Stock, as applicable, shall not be registered under the Securities Act, the Company may require, as a condition of allowing such transfer (i) that the Holder or transferee of this Warrant or the Warrant Stock as the case may be, furnish to the Company a written opinion of counsel that is reasonably acceptable to the Company to the effect that such transfer may be made without registration under the Securities Act, (ii) that the Holder or transferee execute and deliver to the Company an investment letter in form and substance acceptable to the Company and substantially in the form attached as Exhibit C hereto and (iii) that the transferee be an “accredited investor” as defined in Rule 501(a) promulgated under the Securities Act. Transfer of this Warrant and all of the Purchaser’s rights and obligations hereunder (including the Purchaser’s obligation to purchase the Forward Purchase Units) may be transferred or assigned, at any time and from time to timehereunder, in whole or in part, to one or more affiliates in accordance with the foregoing provisions, shall be registered on the books of the Purchaser (each Company to be maintained for such transfereepurpose, upon surrender of this Warrant at the principal office of the Company referred to in Section 2.1 or the office or agency designated by the Company pursuant to Section 12, together with a “Transferee”). Upon any such assignment:
(i) the applicable Transferee shall execute a signature page to written assignment of this Agreement, Warrant substantially in the form of Exhibit B hereto duly executed by the Purchaser’s signature page hereto (Holder or its agent or attorney and funds sufficient to pay any transfer taxes payable upon the “Joinder Agreement”), which shall reflect the number making of Forward Purchase Units to be purchased by such Transferee (the “Transferee Securities”), transfer. Upon such surrender and, upon such executionif required, such Transferee payment, the Company shall have all execute and deliver a new Warrant or Warrants in the same rights and obligations name of the Purchaser hereunder with respect assignee or assignees and in the denomination specified in such instrument of assignment, and shall issue to the Transferee Securitiesassignor a new Warrant evidencing the portion of this Warrant not so assigned, and references herein to this Warrant shall promptly be cancelled. Following a transfer that complies with the “Purchaser” shall requirements of this Section 3.1, the Warrant may be deemed to refer to and include any such Transferee with respect to such Transferee and to its Transferee Securities; provided, that any representations, warranties, covenants and agreements exercised by a new Holder for the purchase of shares of Common Stock regardless of whether the Company issued or registered a new Warrant on the books of the Purchaser and any such Transferee shall be several and not joint and shall be made as to the Purchaser or any such Transferee, as applicable, as to itself only; and
(ii) upon a Transferee’s execution and delivery of a Joinder Agreement, the number of Forward Purchase Units to be purchased by the Purchaser hereunder shall be reduced by the total number of Forward Purchase Units to be purchased by the applicable Transferee pursuant to the applicable Joinder Agreement, which reduction shall be evidenced by the Purchaser and the Company amending Schedule A to this Agreement to reflect each transfer and updating the “Number of Forward Purchase Units” and “Aggregate Purchase Price for Forward Purchase Units” on the Purchaser’s signature page hereto to reflect such reduced number of Forward Purchase Units, and the Purchaser shall be fully and unconditionally released from its obligation to purchase such Transferee Securities hereunder. For the avoidance of doubt, this Agreement need not be amended and restated in its entirety, but only Schedule A and the Purchaser’s signature page hereto need be so amended and updated and executed by each of the Purchaser and the Company upon the occurrence of any such transfer of Transferee SecuritiesCompany.
Appears in 10 contracts
Samples: Warrant Agreement (Transmeridian Exploration Inc), Warrant Agreement (Transmeridian Exploration Inc), Warrant Agreement (Inovio Biomedical Corp)
Transfer. 9.1 Without prior written consent of the Pledgee, the Pledgor shall not transfer or delegate its rights and obligations hereunder.
9.2 The Pledgor and Party C agree that, without contravening the Laws of China at the time, after the Pledgee notifies the Pledgor and Party C, the Pledgee may delegate or transfer to any third party in any manner and on any terms and conditions (including the right to re-delegate) as it deems appropriate, any right it may exercise hereunder, the Transaction Agreements and other security documents.
9.3 This Agreement shall be binding upon the Pledgor and Party C and their respective successors and permitted transferees (if any), and shall be valid for the Pledgee and each of its successors and transferees.
9.4 At any time when the Pledgee transfers any and all of the Purchaser’s its rights and obligations hereunder under the Transaction Agreements to the party (including natural person/legal person) designated by it, the Purchaser’s obligation to purchase transferee shall enjoy and assume the Forward Purchase Units) may be transferred or assigned, at any time and from time to time, in whole or in part, to one or more affiliates of the Purchaser (each such transferee, a “Transferee”). Upon any such assignment:
(i) the applicable Transferee shall execute a signature page to this Agreement, substantially in the form of the Purchaser’s signature page hereto (the “Joinder Agreement”), which shall reflect the number of Forward Purchase Units to be purchased by such Transferee (the “Transferee Securities”), and, upon such execution, such Transferee shall have all the same rights and obligations of the Purchaser Pledgee hereunder with respect as if it were the original party to this Agreement. When the Transferee SecuritiesPledgee transfers the rights and obligations under the Transaction Agreements, and references herein to at the “Purchaser” request of the Pledgee, the Pledgor and/or Party C shall be deemed to refer to and include any such Transferee with respect sign relevant agreement or other documents related to such Transferee and to its Transferee Securities; provided, that any representations, warranties, covenants and agreements transfer.
9.5 If the Pledgee changes as a result of the Purchaser and any such Transferee shall be several and not joint and shall be made as to transfer of the Purchaser or any such Transferee, as applicable, as to itself only; and
(ii) upon a Transferee’s execution and delivery of a Joinder Transaction Agreements and/or this Agreement, the number Pledgor and Party C shall, at the request of Forward Purchase Units to be purchased the Pledgee, sign a new equity interest pledge agreement with the new pledgee on the pledged Equity on the same terms and conditions as this Agreement and apply for corresponding pledge registration.
9.6 The Pledgor shall strictly abide by the Purchaser hereunder shall be reduced provisions of this Agreement and other contracts jointly or separately signed by the total number Parties hereto or by any of Forward Purchase Units to be purchased them, including the Transaction Agreements, perform its obligations under this Agreement and other contracts (including the Transaction Agreements), and shall not perform any act/omission that may affect their validity and enforceability. Unless instructed in writing by the applicable Transferee pursuant to Pledgee, the applicable Joinder Agreement, which reduction Pledgor shall be evidenced by the Purchaser and the Company amending Schedule A to this Agreement to reflect each transfer and updating the “Number of Forward Purchase Units” and “Aggregate Purchase Price for Forward Purchase Units” on the Purchaser’s signature page hereto to reflect such reduced number of Forward Purchase Units, and the Purchaser shall be fully and unconditionally released from its obligation to purchase such Transferee Securities hereunder. For the avoidance of doubt, this Agreement need not be amended and restated exercise any remaining rights in its entirety, but only Schedule A and the Purchaser’s signature page hereto need be so amended and updated and executed by each respect of the Purchaser and the Company upon the occurrence of any such transfer of Transferee SecuritiesEquity pledged hereunder.
Appears in 10 contracts
Samples: Equity Interest Pledge Agreement (QUHUO LTD), Equity Interest Pledge Agreement (QUHUO LTD), Equity Interest Pledge Agreement (QUHUO LTD)
Transfer. This Agreement and all of the Purchaser’s rights and obligations hereunder (including the Purchaser’s obligation to purchase the Forward Purchase UnitsSecurities) may be transferred or assigned, at any time and from time to time, in whole or in part, to one or more affiliates of the Purchaser third parties (each such transferee, a “Transferee”). Upon any such assignment:
(i) the applicable Transferee shall execute a signature page to this Agreement, substantially in the form of the Purchaser’s signature page hereto (the “Joinder Agreement”), which shall reflect the number of Forward Purchase Units to be purchased by such Transferee (the “Transferee Securities”), and, upon such execution, such Transferee shall have all the same rights and obligations of the Purchaser hereunder with respect to the Transferee Securities, and references herein to the “Purchaser” shall be deemed to refer to and include any such Transferee with respect to such Transferee and to its Transferee Securities; provided, that any representations, warranties, covenants and agreements of the Purchaser and any such Transferee shall be several and not joint and shall be made as to the Purchaser or any such Transferee, as applicable, as to itself only; and
(ii) upon a Transferee’s execution and delivery of a Joinder Agreement, the number of Forward Purchase Units to be purchased by the Purchaser hereunder shall be reduced by the total number of Forward Purchase Units to be purchased by the applicable Transferee pursuant to the applicable Joinder Agreement, which reduction shall be evidenced by the Purchaser and the Company amending Schedule A to this Agreement to reflect each transfer and updating the “Number of Forward Purchase Units” and “Aggregate Purchase Price for Forward Purchase UnitsSecurities” on the Purchaser’s signature page hereto to reflect such reduced number of Forward Purchase UnitsSecurities, and the Purchaser shall be fully and unconditionally released from its obligation to purchase such Transferee Securities hereunder. For the avoidance of doubt, this Agreement need not be amended and restated in its entirety, but only Schedule A and the Purchaser’s signature page hereto need be so amended and updated and executed by each of the Purchaser and the Company upon the occurrence of any such transfer of Transferee Securities.
Appears in 9 contracts
Samples: Forward Purchase Agreement (B. Riley Principal Merger Corp. II), Forward Purchase Agreement (B. Riley Principal Merger Corp. II), Forward Purchase Agreement (B. Riley Principal Merger Corp. II)
Transfer. This Agreement and all of the Purchaser’s rights and obligations hereunder (including the Purchaser’s obligation to purchase the Forward Purchase UnitsShares) may be transferred or assigned, at any time and from time to time, in whole or in part, to a Forward Contract Party or one or more affiliates of the Purchaser third parties (each such transferee, a “Transferee”). Upon any such assignment:
(i) the applicable Transferee shall execute a signature page to this Agreement, substantially in the form of the Purchaser’s signature page hereto (the “Transferee Joinder Agreement”), which shall reflect the number of Forward Purchase Units Shares to be purchased by such Transferee (the “Transferee Securities”), and, upon such execution, such Transferee shall have all the same rights and obligations of the Purchaser hereunder with respect to the Transferee Securities, and references herein to the “Purchaser” shall be deemed to refer to and include any such Transferee with respect to such Transferee and to its Transferee Securities; provided, that any representations, warranties, covenants and agreements of the Purchaser and any such Transferee shall be several and not joint and shall be made as to the Purchaser or any such Transferee, as applicable, as to itself only; and
(ii) upon a Transferee’s execution and delivery of a Transferee Joinder Agreement, the number of Forward Purchase Units Shares to be purchased by the Purchaser hereunder shall be reduced by the total number of Forward Purchase Units Shares to be purchased by the applicable Transferee pursuant to the applicable Transferee Joinder Agreement, which reduction shall be evidenced by the Purchaser and the Company amending Schedule A and Schedule B to this Agreement to reflect each transfer and updating the “Number of Forward Purchase UnitsShares” and “Aggregate Purchase Price for Forward Purchase UnitsShares” on the Purchaser’s signature page hereto to reflect such reduced number of Forward Purchase UnitsShares, and the Purchaser shall be fully and unconditionally released from its obligation to purchase such Transferee Securities hereunder. For the avoidance of doubt, this Agreement need not be amended and restated in its entirety, but only Schedule A and Schedule B and the Purchaser’s signature page hereto need be so amended and updated and executed by each of the Purchaser and the Company upon the occurrence of any such transfer of Transferee Securities.
Appears in 9 contracts
Samples: Forward Purchase Agreement (CM Life Sciences III Inc.), Forward Purchase Agreement (CM Life Sciences III Inc.), Forward Purchase Agreement (CM Life Sciences II Inc.)
Transfer. This Agreement 11.1 Transfer shall not be passed to the Purchaser, notwithstanding anything to the contrary herein contained, until such time as the total purchase price and all other amounts for which the Purchaser may be liable in terms hereto, have been paid and/or payment thereof has been secured as herein provided.
11.2 Transfer of the Purchaser’s rights property shall be passed by the nominated attorneys as soon as possible after date of acceptance, providing the Purchaser has complied with the provisions of clause 11.1.
11.3 The Purchaser hereby specifically authorises and obligations hereunder (including agrees to the Purchaser’s obligation to purchase the Forward Purchase Units) may be transferred or assigned, at any time and from time to time, attorneys mentioned in whole or in partSchedule “1”, to one or more affiliates prepare and complete, from information provided by the Purchaser herein, a transfer duty form required by the SARS for the clearance of the property for transfer; and specifically authorises and agrees to the said attorneys on behalf of the Purchaser (each signing and submitting such transfereeform to SARS for which preparation, a “Transferee”). Upon any such assignment:completion, signature and submission this Agreement shall be sufficient authority.
(i) the applicable Transferee shall execute a signature page to this Agreement, substantially in the form 11.4 Transfer of the Purchaser’s signature page hereto property shall be effected by the attorneys mentioned in Schedule “1” and all expenses of and incidental to the preparation and registration of transfer, the conveyancing fees, disbursements and VAT or transfer duties (the “Joinder Agreement”whichever is applicable), which in respect of such transfer, shall reflect be borne by the number Purchaser including all expenses and legal costs incidental to the preparation and registration of Forward Purchase Units to be purchased by such Transferee (any mortgage bond in favour of the “Transferee Securities”), and, upon such execution, such Transferee shall have all financial institution approving the same rights and obligations finance.
11.5 In the event of the Purchaser hereunder failing to comply within 7 (seven) days of being requested by the said Attorneys, to furnish them with respect signed documents or documentation of whatever nature necessary for effecting transfer, or where applicable to ensure that the Transferee Securities, mortgage bond documentation or ancillary documentation is satisfactorily completed (and references herein to the “Purchaser” widest possible interpretation shall be deemed to refer to and include any such Transferee with used in respect to such Transferee and to its Transferee Securities; provided, that any representations, warranties, covenants and agreements of the Purchaser and any such Transferee shall be several and not joint and shall be made as to the Purchaser or any such Transfereeterms hereof), as applicable, as to itself only; and
(ii) upon a Transferee’s execution and delivery of a Joinder Agreement, the number of Forward Purchase Units to be purchased by the Purchaser hereunder shall be reduced by the total number of Forward Purchase Units to be purchased by the applicable Transferee pursuant to the applicable Joinder Agreement, which reduction shall be evidenced by the Purchaser and the Company amending Schedule A to this Agreement to reflect each transfer and updating the “Number of Forward Purchase Units” and “Aggregate Purchase Price for Forward Purchase Units” then ipso facto on the Purchaser’s signature page hereto to reflect 8th (eighth) day after such reduced number of Forward Purchase Unitsrequest, and the Purchaser shall be fully pay to the Seller penalty interest, at the rate of 2% (two percentum) above prime, calculated from the said 8th (eighth) day until the date of transfer, (both days inclusive).
11.6 The Purchaser acknowledges and unconditionally released accordingly undertakes to comply with all the FICA requirements as set out in Schedule "6" annexed hereto within 7 (seven) days from its obligation to purchase such Transferee Securities hereunder. For the avoidance date of doubt, acceptance of this Agreement need not be amended by the Seller and restated to supply the attorneys all information and documentation required by the attorneys to enable the attorneys to fulfil their obligations in its entirety, but only Schedule A and the Purchaser’s signature page hereto need be so amended and updated and executed by each terms of the Purchaser and the Company upon the occurrence of any such transfer of Transferee SecuritiesFICA.
Appears in 7 contracts
Samples: Deed of Sale, Deed of Sale, Deed of Sale
Transfer. This Agreement and all of the Purchaser’s rights and obligations hereunder (including the Purchaser’s obligation to purchase the Forward Purchase UnitsSecurities) may be transferred or assigned, at any time and from time to time, in whole or in part, to one or more affiliates of the Purchaser third parties (each such transferee, a “Transferee”). Upon any such assignment:
(i) the applicable Transferee shall execute a signature page to this Agreement, substantially in the form of the Purchaser’s signature page hereto (the “Joinder Agreement”), which shall reflect the number of Forward Purchase Units Shares and Forward Purchase Warrants to be purchased by such Transferee (the “Transferee Securities”), and, upon such execution, such Transferee shall have all the same rights and obligations of the Purchaser hereunder with respect to the Transferee Securities, and references herein to the “Purchaser” shall be deemed to refer to and include any such Transferee with respect to such Transferee and to its Transferee Securities; provided, that any representations, warranties, covenants and agreements of the Purchaser and any such Transferee shall be several and not joint and shall be made as to the Purchaser or any such Transferee, as applicable, as to itself only; and
(ii) upon a Transferee’s execution and delivery of a Joinder Agreement, the number of Forward Purchase Units Shares and Forward Purchase Warrants to be purchased by the Purchaser hereunder shall be reduced by the total number of Forward Purchase Units Shares and Forward Purchase Warrants to be purchased by the applicable Transferee pursuant to the applicable Joinder Agreement, which reduction shall be evidenced by the Purchaser and the Company amending Schedule A to this Agreement to reflect each transfer and updating the “Number of Forward Purchase Units” Shares”, “Number of Forward Purchase Warrants”, and “Aggregate Purchase Price for Forward Purchase UnitsSecurities” on the Purchaser’s signature page hereto to reflect such reduced number of Forward Purchase UnitsSecurities, and the Purchaser shall be fully and unconditionally released from its obligation to purchase such Transferee Securities hereunder. For the avoidance of doubt, this Agreement need not be amended and restated in its entirety, but only Schedule A and the Purchaser’s signature page hereto need be so amended and updated and executed by each of the Purchaser and the Company upon the occurrence of any such transfer of Transferee Securities.
Appears in 7 contracts
Samples: Forward Purchase Agreement (East Resources Acquisition Co), Forward Purchase Agreement (Spartan Energy Acquisition Corp.), Forward Purchase Agreement (Spartan Energy Acquisition Corp.)
Transfer. This Agreement and all of the Purchaser’s rights and obligations hereunder (including the Purchaser’s obligation to purchase the Forward Purchase UnitsShares) may be transferred or assigned, at any time and from time to time, in whole or in part, to one or more affiliates of the Purchaser third parties (each such transferee, a “Transferee”). Upon any such assignment:
(i) the applicable Transferee shall execute a signature page to this Agreement, substantially in the form of the Purchaser’s signature page hereto (the “Joinder Agreement”), which shall reflect the number of Forward Purchase Units Shares and Forward Purchase Warrants to be purchased by such Transferee (the “Transferee Securities”), and, upon such execution, such Transferee shall have all the same rights and obligations of the Purchaser hereunder with respect to the Transferee Securities, and references herein to the “Purchaser” shall be deemed to refer to and include any such Transferee with respect to such Transferee and to its Transferee Securities; provided, that any representations, warranties, covenants and agreements of the Purchaser and any such Transferee shall be several and not joint and shall be made as to the Purchaser or any such Transferee, as applicable, as to itself only; and
(ii) upon a Transferee’s execution and delivery of a Joinder Agreement, the number of Forward Purchase Units Shares to be purchased by the Purchaser hereunder shall be reduced by the total number of Forward Purchase Units Shares to be purchased by the applicable Transferee pursuant to the applicable Joinder Agreement, which reduction shall be evidenced by the Purchaser and the Company amending Schedule A to this Agreement to reflect each transfer and updating the “Number of Forward Purchase UnitsShares” and “Aggregate Purchase Price for Forward Purchase UnitsShares” on the Purchaser’s signature page hereto to reflect such reduced number of Forward Purchase UnitsShares, and the Purchaser shall be fully and unconditionally released from its obligation to purchase such Transferee Securities hereunder. For the avoidance of doubt, this Agreement need not be amended and restated in its entirety, but only Schedule A and the Purchaser’s signature page hereto need be so amended and updated and executed by each of the Purchaser and the Company upon the occurrence of any such transfer of Transferee Securities.
Appears in 6 contracts
Samples: Forward Purchase Agreement (Khosla Ventures Acquisition Co. IV), Forward Purchase Agreement (Khosla Ventures Acquisition Co. III), Forward Purchase Agreement (Khosla Ventures Acquisition Co. II)
Transfer. This Agreement and all of the Purchaser’s rights and obligations hereunder (including the Purchaser’s obligation to purchase the Forward Purchase UnitsShares) may be transferred or assigned, at any time and from time to time, in whole or in part, to one or more affiliates of the Purchaser third parties (each such transferee, a “Transferee”). Upon any such assignment:
(i) the applicable Transferee shall execute a signature page to this Agreement, substantially in the form of the Purchaser’s signature page hereto (the “Joinder Agreement”), which shall reflect the number of Forward Purchase Units Shares to be purchased by such Transferee (the “Transferee Securities”), and, upon such execution, such Transferee shall have all the same rights and obligations of the Purchaser hereunder with respect to the Transferee Securities, and references herein to the “Purchaser” shall be deemed to refer to and include any such Transferee with respect to such Transferee and to its Transferee Securities; provided, that any representations, warranties, covenants and agreements of the Purchaser and any such Transferee shall be several and not joint and shall be made as to the Purchaser or any such Transferee, as applicable, as to itself only; and
(ii) upon a Transferee’s execution and delivery of a Joinder Agreement, the number of Forward Purchase Units Shares to be purchased by the Purchaser hereunder shall be reduced by the total number of Forward Purchase Units Shares to be purchased by the applicable Transferee pursuant to the applicable Joinder Agreement, which reduction shall be evidenced by the Purchaser and the Company amending Schedule A to this Agreement to reflect each transfer and updating the “Number of Forward Purchase Units” Shares”, and “Aggregate Purchase Price for Forward Purchase UnitsShares” on the Purchaser’s signature page hereto to reflect such reduced number of Forward Purchase UnitsShares, and the Purchaser shall be fully and unconditionally released from its obligation to purchase such Transferee Securities hereunder. For the avoidance of doubt, this Agreement need not be amended and restated in its entirety, but only Schedule A and the Purchaser’s signature page hereto need be so amended and updated and executed by each of the Purchaser and the Company upon the occurrence of any such transfer of Transferee Securities.
Appears in 5 contracts
Samples: Forward Purchase Agreement (Mason Industrial Technology, Inc.), Forward Purchase Agreement, Forward Purchase Agreement
Transfer. This Agreement and all of the Purchaser’s rights and obligations hereunder (including the Purchaser’s obligation to purchase the Forward Purchase UnitsShares) may be transferred or assigned, at any time and from time to time, in whole or in part, to one or more affiliates Affiliates of the Purchaser (each such transferee, a “Transferee”). Upon any such assignment:
(i) the applicable Transferee shall execute a signature page to this Agreement, substantially in the form of the Purchaser’s signature page hereto (the “Joinder Agreement”), which shall reflect the number of Forward Purchase Units Shares to be purchased by such Transferee (the “Transferee Securities”), and, upon such execution, such Transferee shall have all the same rights and obligations of the Purchaser hereunder with respect to the Transferee Securities, and references herein to the “Purchaser” shall be deemed to refer to and include any such Transferee with respect to such Transferee and to its Transferee Securities; provided, that any representations, warranties, covenants and agreements of the Purchaser and any such Transferee shall be several and not joint and shall be made as to the Purchaser or any such Transferee, as applicable, as to itself only; and
(ii) upon a Transferee’s execution and delivery of a Joinder Agreement, the number of Forward Purchase Units Shares to be purchased by the Purchaser hereunder shall be reduced by the total number of Forward Purchase Units Shares to be purchased by the applicable Transferee pursuant to the applicable Joinder Agreement, which reduction shall be evidenced by the Purchaser and the Company amending Schedule A to this Agreement to reflect each transfer and updating the “Number of Forward Purchase UnitsShares” and “Aggregate Purchase Price for Forward Purchase UnitsShares” on the Purchaser’s signature page hereto to reflect such reduced number of Forward Purchase UnitsShares, and the Purchaser shall be fully and unconditionally released from its obligation to purchase such Transferee Securities hereunder. For the avoidance of doubt, this Agreement need not be amended and restated in its entirety, but only Schedule A and the Purchaser’s signature page hereto need be so amended and updated and executed by each of the Purchaser and the Company upon the occurrence of any such transfer of Transferee Securities.
Appears in 5 contracts
Samples: Forward Purchase Agreement (byNordic Acquisition Corp), Forward Purchase Agreement (byNordic Acquisition Corp), Forward Purchase Agreement (Integral Acquisition Corp 1)
Transfer. This Agreement The Warrants shall not be transferrable by the Holder, except with the prior written consent of the Corporation. Notwithstanding the foregoing, the Holder may assign and transfer all of its rights, benefits, duties and obligations under this Certificate in their entirety, without the consent of the Corporation, to an Affiliate of the Holder; provided that no such assignment shall relieve the Holder of any of its obligations hereunder. The Corporation may not transfer all or any interest in this Warrant Certificate, except as explicitly set forth in Section 4 and 5 of this Warrant Certificate. Any Transfer of the Warrants and all rights hereunder, in accordance with the foregoing provisions, shall be registered on the books of the Purchaser’s rights Corporation to be maintained for such purpose, upon surrender of this Warrant Certificate at the principal office of the Corporation or the office or agency designated by the Corporation pursuant to Section 14.2, together with a written assignment of the Warrants substantially in the form of Exhibit B hereto duly executed by the Holder or its agent or attorney and obligations hereunder (including funds sufficient to pay any transfer taxes payable upon the Purchaser’s obligation making of such Transfer. Upon such surrender and, if required, such payment, the Corporation shall execute and deliver a new Warrant Certificate in the name of the assignee or assignees and in the denomination specified in such instrument of assignment and shall issue to purchase the Forward Purchase Units) assignor a new Warrant Certificate evidencing the number of Warrants not so assigned, and this Warrant Certificate shall promptly be cancelled. Following a Transfer that complies with the requirements of this Section 3.1, the Warrants may be transferred exercised by a new Holder for the purchase of Warrant Shares regardless of whether the Corporation issued or assignedregistered a new Warrant Certificate on the books of the Corporation. The Warrants are, at and Warrant Shares will be, "restricted securities" within the meaning of Rule 144(a)(3) under the U.S. Securities Act, and, if in the future the Holder decides to offer, resell, pledge or otherwise transfer such securities, it will do so only (a) to the Corporation; (b) outside the United States in compliance with Rule 904 of Regulation S under the U.S. Securities Act, and in compliance with applicable local laws and regulations; (c) in compliance with (i) Rule 144A under the U.S. Securities Act, if available, to a Person the seller reasonably believes is a "qualified institutional buyer" (as defined in Rule 144A under the U.S. Securities Act) that is purchasing for its own account or for the account of one or more "qualified institutional buyers" and to whom notice is given that the offer, sale, pledge or transfer is being made in reliance upon Rule 144A under the U.S. Securities Act, or (ii) Rule 144 under the U.S. Securities Act, if available, and, in each case, in compliance with any time and applicable state Securities Laws of the United States; or (d) in another transaction that does not require registration under the U.S. Securities Act or any applicable state Securities Laws of the United States, after (A) in the case of proposed transfers pursuant to (b) above, providing to Computershare Investor Services Inc., as transfer agent for the Corporation, (i) a declaration in the form that Computershare Investor Services Inc., as transfer agent for the Corporation, may reasonably prescribe from time to time, in whole or in part, to one or more affiliates of the Purchaser (each such transferee, a “Transferee”). Upon any such assignment:
(i) the applicable Transferee shall execute a signature page to this Agreement, substantially in the form of the Purchaser’s signature page hereto (the “Joinder Agreement”), which shall reflect the number of Forward Purchase Units to be purchased by such Transferee (the “Transferee Securities”), and, upon such execution, such Transferee shall have all the same rights and obligations of the Purchaser hereunder with respect to the Transferee Securities, and references herein to the “Purchaser” shall be deemed to refer to and include any such Transferee with respect to such Transferee and to its Transferee Securities; provided, that any representations, warranties, covenants and agreements of the Purchaser and any such Transferee shall be several and not joint and shall be made as to the Purchaser or any such Transferee, as applicable, as to itself only; and
(ii) upon a Transferee’s execution if required by Computershare Investor Services Inc., as transfer agent for the Corporation, an opinion of counsel, of recognized standing reasonably satisfactory to the Corporation, or other evidence satisfactory to the Corporation, that the proposed transfer may be effected without registration under the U.S. Securities Act, and delivery (B) in the case of a Joinder Agreement, the number of Forward Purchase Units to be purchased by the Purchaser hereunder shall be reduced by the total number of Forward Purchase Units to be purchased by the applicable Transferee proposed transfers pursuant to (c)(ii) or (d) above, providing to Computershare Investor Services Inc., as transfer agent for the applicable Joinder Agreement, which reduction shall be evidenced by the Purchaser and the Company amending Schedule A to this Agreement to reflect each transfer and updating the “Number of Forward Purchase Units” and “Aggregate Purchase Price for Forward Purchase Units” on the Purchaser’s signature page hereto to reflect such reduced number of Forward Purchase UnitsCorporation, and to the Purchaser shall Corporation, an opinion of counsel of recognized standing reasonably satisfactory to the Corporation, to the effect that the proposed transfer may be fully and unconditionally released from its obligation to purchase such Transferee effected without registration under the U.S. Securities hereunder. For the avoidance of doubt, this Agreement need not be amended and restated in its entirety, but only Schedule A and the Purchaser’s signature page hereto need be so amended and updated and executed by each of the Purchaser and the Company upon the occurrence of any such transfer of Transferee SecuritiesAct.
Appears in 5 contracts
Samples: Master Purchase Agreement (1397468 B.C. Ltd.), Master Purchase Agreement (1397468 B.C. Ltd.), Master Purchase Agreement (1397468 B.C. Ltd.)
Transfer. This Agreement The Warrants and the Warrant Stock shall be freely transferable, subject to compliance with this Section 3.1 and all applicable laws, including, but not limited to the Securities Act. If, at the time of the Purchaser’s rights and obligations hereunder surrender of this Warrant in connection with any transfer of this Warrant or the resale of the Warrant Stock, this Warrant or the Warrant Stock, as applicable, shall not be registered for resale under the Securities Act, the Company may require, as a condition of allowing such transfer (including i) that the Purchaser’s obligation Holder or transferee of this Warrant or the Warrant Stock as the case may be, at the cost of Holder or transferee, furnish to purchase the Forward Purchase Units) Company a written opinion of counsel that is reasonably acceptable to the Company to the effect that such transfer may be transferred made without registration under the Securities Act and any applicable state law, except if such transfer is to an Affiliate of such Holder; (ii) that the Holder or assigned, at any time transferee execute and from time deliver to timethe Company an investment representation letter in form and substance acceptable to the Company and substantially in the form attached as Exhibit C hereto; and (iii) that the transferee be an "accredited investor" as defined in Rule 501 (a) promulgated under the Securities Act. Transfer of this Warrant and all rights hereunder, in whole or in part, to one or more affiliates in accordance with the foregoing provisions, shall be registered on the books of the Purchaser (each Company to be maintained for such transfereepurpose, upon surrender of this Warrant at the principal office of the Company referred to in Section 2.1 or the office or agency designated by the Company as provided herein, together with a “Transferee”). Upon any such assignment:
(i) the applicable Transferee shall execute a signature page to written assignment of this Agreement, Warrant substantially in the form of Exhibit B hereto duly executed by the Purchaser’s signature page hereto (Holder or its agent or attorney and funds sufficient to pay any transfer taxes payable upon the “Joinder Agreement”), which shall reflect the number making of Forward Purchase Units to be purchased by such Transferee (the “Transferee Securities”), transfer. Upon such surrender and, upon such executionif required, such Transferee payment, the Company shall have all execute and deliver a new Warrant or Warrants in the same rights and obligations name of the Purchaser hereunder with respect assignee or assignees and in the denomination specified in such instrument of assignment, and shall issue to the Transferee Securitiesassignor a new Warrant evidencing the portion of this Warrant not so assigned, and references herein to this Warrant shall promptly be cancelled. Following a transfer that complies with the “Purchaser” shall requirements of this Section 3.1, the Warrant may be deemed to refer to and include any such Transferee with respect to such Transferee and to its Transferee Securities; provided, that any representations, warranties, covenants and agreements exercised by a new Holder for the purchase of shares of Common Stock regardless of whether the Company issued or registered a new Warrant on the books of the Purchaser and Company. In connection with any such Transferee shall be several and not joint and shall be made as transfer of this Warrant or the resale of the Warrant Stock pursuant to the Purchaser Rule 144 or any such Transferee, as applicable, as other than pursuant to itself only; and
(ii) upon a Transferee’s execution and delivery of a Joinder Agreementan effective registration statement, the number of Forward Purchase Units to be purchased by the Purchaser hereunder Holder or transferee shall be reduced by the total number of Forward Purchase Units to be purchased by the applicable Transferee pursuant to the applicable Joinder Agreement, which reduction shall be evidenced by the Purchaser and compensate the Company amending Schedule A to this Agreement to reflect each transfer and updating the “Number of Forward Purchase Units” and “Aggregate Purchase Price for Forward Purchase Units” on the Purchaser’s signature page hereto to reflect such reduced number of Forward Purchase Units, and the Purchaser shall be fully and unconditionally released from its obligation to purchase such Transferee Securities hereunder. For the avoidance of doubt, this Agreement need not be amended and restated reasonable expenses incurred in its entirety, but only Schedule A and the Purchaser’s signature page hereto need be so amended and updated and executed by each of the Purchaser and the Company upon the occurrence of any connection with effectuating such transfer of Transferee Securitiesor resale.
Appears in 5 contracts
Samples: Common Stock Purchase Warrant (Quantum Fuel Systems Technologies Worldwide Inc), Warrant Agreement (Quantum Fuel Systems Technologies Worldwide Inc), Common Stock Purchase Warrant (Quantum Fuel Systems Technologies Worldwide Inc)
Transfer. This Agreement and all All of the Purchaser’s rights and obligations hereunder (including the Purchaser’s obligation with respect to purchase the Forward Purchase Units) may be transferred or assigned, at any time and from time to time, time prior to the consummation of a Business Combination and in whole or in part, to one or more affiliates of the Purchaser (each such transferee, a “Transferee”)any Forward Transferees. Upon any such transfer or assignment:
(i) the applicable Transferee Forward Transferee(s) shall execute a signature page joinder to this Agreement, substantially Agreement in the form of the Purchaser’s signature page attached hereto as Exhibit B (the “Joinder Agreement”), which shall shall, on the signature page to the Joinder Agreement, reflect the number of Forward Purchase Units Securities such Forward Transferee(s) shall have the right to be purchased by such Transferee purchase (the “Forward Transferee Securities”), and, upon such execution, such Transferee Forward Transferee(s) shall have all the same rights and obligations of the Purchaser hereunder with respect to the Forward Transferee Securities, and references herein to the “Purchaser” shall be deemed to refer to and include any such Transferee Forward Transferee(s) with respect to such Transferee Forward Transferee(s) and to its their Forward Transferee Securities; provided, that any representations, warranties, covenants and agreements of the Purchaser and any such Transferee Forward Transferee(s) shall be several and not joint and shall be made as to the Purchaser or any such TransfereeForward Transferee(s), as applicable, as to itself only; and;
(ii) all of the rights and obligations of each Forward Transferee with respect to the Forward Purchase may not be transferred or assigned, at any time and from time to time and in whole or in part, except the rights and obligations of each Forward Transferee with respect to the Forward Purchase may be transferred or assigned, at any time and from time to time and in whole or in part to any affiliate of TPG, subject to the same terms and procedures as a transfer or assignment from the Purchaser to the Forward Transferees;
(iii) upon a Forward Transferee’s execution and delivery of a Joinder Agreement, the number of Forward Purchase Units Securities permitted to be purchased by the Purchaser in the Forward Purchase hereunder shall be reduced by the total number of Forward Purchase Units Securities permitted to be purchased by the applicable Forward Transferee pursuant to the applicable Joinder Agreement, which reduction shall be evidenced by the Purchaser and the Company amending Schedule A to this Agreement to reflect each transfer and updating the “Number of Forward Purchase Units” Securities”, and “Aggregate Purchase Price for Forward Purchase UnitsSecurities” on the Purchaser’s signature page hereto to reflect such reduced number of Forward Purchase Units, and the Purchaser shall be fully and unconditionally released from its obligation to purchase such Transferee Securities hereunderSecurities. For the avoidance of doubt, this Agreement need not be amended and restated in its entirety, but only Schedule A and the Purchaser’s signature page hereto need be so amended and updated and executed by each of the Purchaser and the Company upon the occurrence of any such transfer of Forward Transferee Securities.
Appears in 4 contracts
Samples: Forward Purchase Agreement (TPG Pace Beneficial Finance Corp.), Forward Purchase Agreement (TPG Pace Beneficial Finance Corp.), Forward Purchase Agreement (TPG Pace Tech Opportunities Corp.)
Transfer. This Agreement The Warrants and the Warrant Stock shall be freely transferable, subject to compliance with all applicable laws, including, but not limited to the Securities Act. If, at the time of the surrender of this Warrant in connection with any transfer of this Warrant or the resale of the Warrant Stock, this Warrant or the Warrant Stock, as applicable, shall not be registered under the Securities Act, the Company may require, as a condition of allowing such transfer (i) that the Holder or transferee of this Warrant or the Warrant Stock as the case may be, furnish to the Company a written opinion of counsel that is reasonably acceptable to the Company to the effect that such transfer may be made without registration under the Securities Act, (ii) that the Holder or transferee execute and deliver to the Company an investment letter in form and substance acceptable to the Company and substantially in the form attached as EXHIBIT C hereto and (iii) that the transferee be an "accredited investor" as defined in Rule 501(a) promulgated under the Securities Act. Transfer of this Warrant and all of the Purchaser’s rights and obligations hereunder (including the Purchaser’s obligation to purchase the Forward Purchase Units) may be transferred or assigned, at any time and from time to timehereunder, in whole or in part, to one or more affiliates in accordance with the foregoing provisions, shall be registered on the books of the Purchaser (each Company to be maintained for such transfereepurpose, upon surrender of this Warrant at the principal office of the Company referred to in Section 2.1 or the office or agency designated by the Company pursuant to Section 12, together with a “Transferee”). Upon any such assignment:
(i) the applicable Transferee shall execute a signature page to written assignment of this Agreement, Warrant substantially in the form of EXHIBIT B hereto duly executed by the Purchaser’s signature page hereto (Holder or its agent or attorney and funds sufficient to pay any transfer taxes payable upon the “Joinder Agreement”), which shall reflect the number making of Forward Purchase Units to be purchased by such Transferee (the “Transferee Securities”), transfer. Upon such surrender and, upon such executionif required, such Transferee payment, the Company shall have all execute and deliver a new Warrant or Warrants in the same rights and obligations name of the Purchaser hereunder with respect assignee or assignees and in the denomination specified in such instrument of assignment, and shall issue to the Transferee Securitiesassignor a new Warrant evidencing the portion of this Warrant not so assigned, and references herein to this Warrant shall promptly be cancelled. Following a transfer that complies with the “Purchaser” shall requirements of this Section 3.1, the Warrant may be deemed to refer to and include any such Transferee with respect to such Transferee and to its Transferee Securities; provided, that any representations, warranties, covenants and agreements exercised by a new Holder for the purchase of shares of Common Stock regardless of whether the Company issued or registered a new Warrant on the books of the Purchaser and any such Transferee shall be several and not joint and shall be made as to the Purchaser or any such Transferee, as applicable, as to itself only; and
(ii) upon a Transferee’s execution and delivery of a Joinder Agreement, the number of Forward Purchase Units to be purchased by the Purchaser hereunder shall be reduced by the total number of Forward Purchase Units to be purchased by the applicable Transferee pursuant to the applicable Joinder Agreement, which reduction shall be evidenced by the Purchaser and the Company amending Schedule A to this Agreement to reflect each transfer and updating the “Number of Forward Purchase Units” and “Aggregate Purchase Price for Forward Purchase Units” on the Purchaser’s signature page hereto to reflect such reduced number of Forward Purchase Units, and the Purchaser shall be fully and unconditionally released from its obligation to purchase such Transferee Securities hereunder. For the avoidance of doubt, this Agreement need not be amended and restated in its entirety, but only Schedule A and the Purchaser’s signature page hereto need be so amended and updated and executed by each of the Purchaser and the Company upon the occurrence of any such transfer of Transferee SecuritiesCompany.
Appears in 4 contracts
Samples: Warrant Agreement (GlobalOptions Group, Inc.), Preferred Stock and Warrant Purchase Agreement (National Coal Corp), Note Purchase Agreement (National Coal Corp)
Transfer. This Agreement and all All of the Purchaser’s rights and obligations hereunder with respect to the Committed Purchase and Additional Purchase (including the Purchaser’s obligation right to purchase exercise the Forward Purchase UnitsAdditional Purchase) may be transferred or assigned, at any time and from time to time, but in no event later than immediately prior to the Business Combination Closing, and in whole or in part, to one or more affiliates any entity that is an affiliate of the Purchaser SoftBank Group Corp., but not to other third parties (each such transfereetransferee or assignee, a “Transferee”). Upon any such transfer or assignment:
(ia) the applicable Transferee shall execute a signature page to this Agreement, substantially in the form of the Purchaser’s signature page hereto (the “Joinder Agreement”), which shall reflect the number of Forward Purchase Units to be purchased by Shares such Transferee shall have the right to purchase (the “Transferee Securities”), and, upon such execution, such Transferee shall have all the same rights and obligations of the Purchaser hereunder with respect to the Transferee Securities, and references herein to the “Purchaser” shall be deemed to refer to and include any such Transferee with respect to such Transferee and to its Transferee Securities; provided, that any representations, warranties, covenants and agreements of the Purchaser and any such Transferee shall be several and not joint and shall be made as to the Purchaser or any such Transferee, as applicable, as to itself only; and
(iib) upon a Transferee’s execution and delivery of a Joinder Agreement, the number of Forward Purchase Units Shares permitted to be purchased by the Purchaser hereunder shall be reduced by the total number of Forward Purchase Units Shares permitted to be purchased by the applicable Transferee pursuant to the applicable Joinder Agreement, which reduction shall be evidenced by the Purchaser and the Company amending Schedule A to this Agreement to reflect each transfer and updating the “Number of Forward Purchase Units” Shares”, and “Aggregate Purchase Price for Forward Purchase UnitsShares” on the Purchaser’s signature page hereto to reflect such reduced number of Forward Purchase Units, and the Purchaser shall be fully and unconditionally released from its obligation to purchase such Transferee Securities hereunderShares. For the avoidance of doubt, this Agreement need not be amended and restated in its entirety, but only Schedule A and the Purchaser’s signature page hereto need be so amended and updated and executed by each of the Purchaser and the Company upon the occurrence of any such transfer of Transferee Securities.
Appears in 4 contracts
Samples: Forward Purchase Agreement (SVF Investment Corp. 2), Forward Purchase Agreement (SVF Investment Corp. 3), Forward Purchase Agreement (SVF Investment Corp. 3)
Transfer. This Agreement 8.1. Transfer shall not be passed to the Purchaser, notwithstanding anything to the contrary herein contained, until such time as the total Purchase Price and all other amounts, such as the whole of the deposit amount including the agreed commission amount plus 15% VAT including the transferring attorney’s fees and disbursements, for which the Purchaser may be liable in terms hereto, have been paid and/or payment thereof has been secured as herein provided.
8.2. Transfer of the Sale Object shall be passed by the transferring attorneys as soon as possible after date of acceptance, providing the Purchaser has complied with the provisions of the aforementioned sub-clause.
8.3. The Purchaser hereby specifically authorises and agrees to the transferring attorneys mentioned in Schedule “2”, to prepare and complete, from information provided by the Purchaser herein, a transfer duty form required by the SARS for the clearance of the Sale Object for transfer; and specifically authorises and agrees to the said attorneys on behalf of the Purchaser signing and submitting such form to SARS for which preparation, completion, signature and submission this Agreement shall be sufficient authority.
8.4. Transfer of the Sale Object shall be effected by the transferring attorneys as mentioned in Schedule “2” and all expenses of and incidental to the preparation and registration of transfer, the conveyancing fees, disbursements and VAT (if applicable), in respect of such transfer, shall be borne by the Purchaser including all expenses and legal costs incidental to the preparation and registration of any mortgage bond, if applicable, to finance institution approving the finance as well as the nominated bond attorneys.
8.5. In the event of the Purchaser failing to comply within 7 (seven) days of being requested by the transferring attorneys, to furnish them with signed documents or documentation of whatever nature necessary for effecting transfer, or where applicable to ensure that the mortgage bond documentation or ancillary documentation is satisfactorily completed (and the widest possible interpretation shall be used in respect of the terms hereof), then ipso facto on the 8th (eighth) day after such request, the Agent will be mandated to signed any al all documentation necessary on behalf of the Purchaser’s rights and obligations hereunder (including the Purchaser’s obligation to purchase the Forward Purchase Units) may be transferred or assigned, at any time and from time to time, in whole or in part, to one or more affiliates ensure the transfer of Sale Object into the Purchaser (each such transferee, a “Transferee”). Upon any such assignment:
(i) the applicable Transferee shall execute a signature page to this Agreement, substantially in the form name of the Purchaser’s signature page hereto . The Purchaser will forthwith and as a result of his/her/its failure, become liable to the Seller in respect of penalty interest on any amount outstanding (at the “Joinder Agreement”time applicable), at the rate of 02% (two percent) above prime, calculated from the said 8th (eighth) day until the date of transfer, (both days inclusive).
8.6. The Purchaser acknowledges and accordingly undertakes to comply with all the FICA requirements, as requested from it by the transferring attorneys (as well as the nominated bond attorneys) within 7 (seven) days from date of acceptance of this Agreement and to supply the transferring attorneys all information and documentation required by the them to enable them to fulfil their obligations in terms of FICA.
8.7. The Seller herewith irrevocably appoints and instructs the agent (or its duly authorised and/or nominated representative) to do all things and sign all things necessary, to obtain the Certificate of Compliance (‘COC’) and municipal rates clearance certificate which shall reflect may include the number appointment and payment of Forward Purchase Units to be purchased by such Transferee a qualified electrician of its choice and the payment for all outstanding municipal rates with the local municipal council (‘the “Transferee Securities”advance payments’), andshould the Seller fail to, upon such executionwithin reasonable notice, such Transferee shall have all the same rights and obligations to make payment of the Purchaser hereunder with respect advance payments. These advanced payments made by the agent (or its authorised representative) may attract an interest calculated at Repo Rate plus 21% per annum payable from the date of payment made of the advanced payments to the Transferee Securities, date of final payment thereof. The Parties agree and references herein confirm that the advance payments may be deducted from the Purchase Price and instructs the transferring attorneys to pay the advance payments to the “Purchaser” shall be deemed to refer to and include any such Transferee with respect to such Transferee and to agent (or its Transferee Securities; provided, that any representations, warranties, covenants and agreements authorised representative) from the Purchaser Price before the balance of the Purchaser and any such Transferee shall be several and not joint and shall be made as Purchase Price is paid to the Purchaser or any such Transferee, as applicable, as to itself only; and
(ii) upon a Transferee’s execution and delivery Seller after registration of a Joinder Agreement, transfer in the number name of Forward Purchase Units to be purchased by the Purchaser hereunder shall be reduced by the total number of Forward Purchase Units to be purchased by the applicable Transferee pursuant to the applicable Joinder Agreement, which reduction shall be evidenced by the Purchaser and the Company amending Schedule A to this Agreement to reflect each transfer and updating the “Number of Forward Purchase Units” and “Aggregate Purchase Price for Forward Purchase Units” on the Purchaser’s signature page hereto to reflect such reduced number of Forward Purchase Units, and the Purchaser shall be fully and unconditionally released from its obligation to purchase such Transferee Securities hereunder. For the avoidance of doubt, this Agreement need not be amended and restated in its entirety, but only Schedule A and the Purchaser’s signature page hereto need be so amended and updated and executed by each of the Purchaser and the Company upon the occurrence of any such transfer of Transferee Securities.
Appears in 4 contracts
Samples: Deed of Sale (Going Concern), Deed of Sale, Deed of Sale (Going Concern)
Transfer. This Agreement and all of the Purchaser’s rights and obligations hereunder (including the Purchaser’s obligation to purchase the Forward Purchase Units) may be transferred or assigned, at any time and from time to time, in whole or in part, to one or more affiliates of the Purchaser (each such transferee, a “Transferee”). Upon any such assignment:
(i) the applicable Transferee shall execute a signature page to this Agreement, substantially in the form of the Purchaser’s signature page Exhibit A hereto (the “Joinder Agreement”), which shall reflect the number of Forward Purchase Units to be purchased by such Transferee (the “Transferee Securities”), and, upon such execution, such Transferee shall have all the same rights and obligations of the Purchaser hereunder with respect to the Transferee Securities, and references herein to the “Purchaser” shall be deemed to refer to and include any such Transferee with respect to such Transferee and to its Transferee Securities; provided, that any representations, warranties, covenants and agreements of the Purchaser and any such Transferee shall be several and not joint and shall be made as to the Purchaser or any such Transferee, as applicable, as to itself only; and
(ii) upon a Transferee’s execution and delivery of a Joinder Agreement, the number of Forward Purchase Units to be purchased by the Purchaser hereunder shall be reduced by the total number of Forward Purchase Units to be purchased by the applicable Transferee pursuant to the applicable Joinder Agreement, which reduction shall be evidenced by the Purchaser and the Company amending Schedule A to this Agreement to reflect each transfer and updating the “Number of Forward Purchase Units” and “Aggregate Purchase Price for Forward Purchase Units” on the Purchaser’s signature page hereto to reflect such reduced number of Forward Purchase Unitstransfer, and the Purchaser shall be fully and unconditionally released from its obligation to purchase such Transferee Securities hereunder. For the avoidance of doubt, this Agreement need not be amended and restated in its entirety, but only Schedule A and the Purchaser’s signature page hereto need needs be so amended and updated and executed by each of the Purchaser and the Company upon the occurrence of any such transfer of Transferee Securities.
Appears in 4 contracts
Samples: Forward Purchase Agreement (Thimble Point Acquisition Corp. II), Forward Purchase Agreement (Thimble Point Acquisition Corp.), Forward Purchase Agreement (Thimble Point Acquisition Corp.)
Transfer. This Agreement and all of the PurchaserBuyer’s rights and obligations hereunder (including the PurchaserBuyer’s obligation to purchase the Forward Purchase UnitsShares) may be transferred or assigned, at any time and from time to time, in whole or in part, to one or more affiliates of the Purchaser Buyer, but not to other third parties (each such transferee, a “Transferee”). Upon any such assignment:
(i1) the applicable Transferee shall execute a signature page to this Agreement, substantially in the form of the PurchaserBuyer’s signature page hereto (the “Joinder Agreement”), which shall reflect the maximum number of Forward Purchase Units Shares to be purchased by such Transferee (the “Transferee Securities”), and, upon such execution, such Transferee shall have all the same rights and obligations of the Purchaser Buyer hereunder with respect to the Transferee Securities, and references herein to the “PurchaserBuyer” shall be deemed to refer to and include any such Transferee with respect to such Transferee and to its Transferee Securities; provided, that any representations, warranties, covenants and agreements of the Purchaser Buyer and any such Transferee shall be several and not joint and shall be made as to the Purchaser Buyer or any such Transferee, as applicable, as to itself only; and
(ii2) upon a Transferee’s execution and delivery of a Joinder Agreement, the maximum number of Forward Purchase Units Shares to be purchased by the Purchaser Buyer hereunder shall be reduced by the total maximum number of Forward Purchase Units Shares to be purchased by the applicable Transferee pursuant to the applicable Joinder Agreement, which reduction shall be evidenced by the Purchaser Buyer and the Company Aldel Financial by amending Schedule A to this Agreement to reflect each transfer and updating the “Number of Forward Purchase Units” Maximum Shares and “Aggregate FPS Purchase Price for Forward Purchase Units” on the PurchaserBuyer’s signature page hereto to reflect such reduced number of Forward Purchase UnitsShares, and the Purchaser shall be fully and unconditionally released from its obligation to purchase such Transferee Securities hereunder. For the avoidance of doubt, this Agreement need not be amended and restated in its entirety, but only Schedule A and the Purchaser’s signature page hereto need be so amended and updated and executed by each of the Purchaser Transferee’s and the Company upon the occurrence of any such transfer of Transferee SecuritiesBuyer’s purchase obligations shall be subject to allocation pursuant to Article I herein.
Appears in 4 contracts
Samples: Forward Purchase Agreement (Aldel Financial Inc.), Forward Purchase Agreement (Aldel Financial Inc.), Forward Purchase Agreement (Aldel Financial Inc.)
Transfer. This Agreement The Warrants and the Warrant Stock shall be freely transferable, subject to compliance with this Section 3.1 and all applicable laws, including, but not limited to the Securities Act. If, at the time of the Purchaser’s rights and obligations hereunder surrender of this Warrant in connection with any transfer of this Warrant or the resale of the Warrant Stock, this Warrant or the Warrant Stock, as applicable, shall not be registered for resale under the Securities Act, the Company may require, as a condition of allowing such transfer (including i) that the Purchaser’s obligation Holder or transferee of this Warrant or the Warrant Stock as the case may be, at the cost of Holder or transferee, furnish to purchase the Forward Purchase Units) Company a written opinion of counsel that is reasonably acceptable to the Company to the effect that such transfer may be transferred made without registration under the Securities Act and any applicable state law, (ii) that the Holder or assigned, at any time transferee execute and from time deliver to timethe Company an investment representation letter in form and substance acceptable to the Company and substantially in the form attached as Exhibit C hereto and (iii) that the transferee be an “accredited investor” as defined in Rule 501 (a) promulgated under the Securities Act. Transfer of this Warrant and all rights hereunder, in whole or in part, to one or more affiliates in accordance with the foregoing provisions, shall be registered on the books of the Purchaser (each Company to be maintained for such transfereepurpose, upon surrender of this Warrant at the principal office of the Company referred to in Section 2.1 or the office or agency designated by the Company as provided herein, together with a “Transferee”). Upon any such assignment:
(i) the applicable Transferee shall execute a signature page to written assignment of this Agreement, Warrant substantially in the form of Exhibit B hereto duly executed by the Purchaser’s signature page hereto (Holder or its agent or attorney and funds sufficient to pay any transfer taxes payable upon the “Joinder Agreement”), which shall reflect the number making of Forward Purchase Units to be purchased by such Transferee (the “Transferee Securities”), transfer. Upon such surrender and, upon such executionif required, such Transferee payment, the Company shall have all execute and deliver a new Warrant or Warrants in the same rights and obligations name of the Purchaser hereunder with respect assignee or assignees and in the denomination specified in such instrument of assignment, and shall issue to the Transferee Securitiesassignor a new Warrant evidencing the portion of this Warrant not so assigned, and references herein to this Warrant shall promptly be cancelled. Following a transfer that complies with the “Purchaser” shall requirements of this Section 3.1, the Warrant may be deemed to refer to and include any such Transferee with respect to such Transferee and to its Transferee Securities; provided, that any representations, warranties, covenants and agreements exercised by a new Holder for the purchase of shares of Common Stock regardless of whether the Company issued or registered a new Warrant on the books of the Purchaser and Company. In connection with any such Transferee shall be several and not joint and shall be made as transfer of this Warrant or the resale of the Warrant Stock pursuant to the Purchaser Rule 144 or any such Transferee, as applicable, as other than pursuant to itself only; and
(ii) upon a Transferee’s execution and delivery of a Joinder Agreementan effective registration statement, the number of Forward Purchase Units to be purchased by the Purchaser hereunder Holder or transferee shall be reduced by the total number of Forward Purchase Units to be purchased by the applicable Transferee pursuant to the applicable Joinder Agreement, which reduction shall be evidenced by the Purchaser and compensate the Company amending Schedule A to this Agreement to reflect each transfer and updating the “Number of Forward Purchase Units” and “Aggregate Purchase Price for Forward Purchase Units” on the Purchaser’s signature page hereto to reflect such reduced number of Forward Purchase Units, and the Purchaser shall be fully and unconditionally released from its obligation to purchase such Transferee Securities hereunder. For the avoidance of doubt, this Agreement need not be amended and restated reasonable expenses incurred in its entirety, but only Schedule A and the Purchaser’s signature page hereto need be so amended and updated and executed by each of the Purchaser and the Company upon the occurrence of any connection with effectuating such transfer of Transferee Securitiesor resale.
Appears in 4 contracts
Samples: Warrant Agreement (Arcadia Resources, Inc), Warrant Agreement (Quantum Fuel Systems Technologies Worldwide Inc), Warrant Agreement (Quantum Fuel Systems Technologies Worldwide Inc)
Transfer. This Agreement and all of the Purchaser’s rights and obligations hereunder (including the Purchaser’s obligation to purchase the Forward Purchase Units) may be transferred or assigned, at any time and from time to time, in whole or in part, to (i) one or more affiliates of the Purchaser third parties (each such transferee, a “Transferee”), subject to prior written consent of the Company or (ii) any affiliate (as defined in Rule 405 promulgated under the Securities Act of 1933 as amended) of the Purchaser without written consent of the Company or the Sponsor. Upon any such assignment:
(ia) the applicable Transferee shall execute a signature page to this Agreement, substantially in the form of the Purchaser’s signature page hereto (the “Joinder Agreement”), which shall reflect the number of Forward Purchase Units Shares and Forward Purchase Warrants to be purchased by such Transferee (the “Transferee Securities”), and, upon such execution, such Transferee shall have all the same rights and obligations of the Purchaser hereunder with respect to the Transferee Securities, and references herein to the “Purchaser” shall be deemed to refer to and include any such Transferee with respect to such Transferee and to its Transferee Securities; provided, that any representations, warranties, covenants and agreements of the Purchaser and any such Transferee shall be several and not joint and shall be made as to the Purchaser or any such Transferee, as applicable, as to itself only; and
(iib) upon a Transferee’s execution and delivery of a Joinder Agreement, the number of Forward Purchase Units Shares and Forward Purchase Warrants to be purchased by the Purchaser hereunder shall be reduced by the total number of Forward Purchase Units Shares and Forward Purchase Warrants to be purchased by the applicable Transferee pursuant to the applicable Joinder Agreement, which reduction shall be evidenced by the Purchaser and the Company amending Schedule A to this Agreement to reflect each transfer and updating the “Number of Forward Purchase Units” Shares”, “Number of Forward Purchase Warrants”, and “Aggregate Purchase Price for Forward Purchase Units” on the Purchaser’s signature page hereto to reflect such reduced number of Forward Purchase Units, and the Purchaser shall be fully and unconditionally released from its obligation to purchase such Transferee Securities hereunder. For the avoidance of doubt, this Agreement need not be amended and restated in its entirety, but only Schedule A and the Purchaser’s signature page hereto need be so amended and updated and executed by each of the Purchaser and the Company upon the occurrence of any such transfer of Transferee Securities.
Appears in 4 contracts
Samples: Forward Purchase Agreement (Artisan Acquisition Corp.), Forward Purchase Agreement (Artisan Acquisition Corp.), Forward Purchase Agreement (Artisan Acquisition Corp.)
Transfer. This Agreement and all All of the Purchaser’s rights and obligations hereunder with respect to the Committed Purchase and Additional Purchase (including the Purchaser’s obligation right to purchase exercise the Forward Purchase UnitsAdditional Purchase) may be transferred or assigned, at any time and from time to time, but in no event later than immediately prior to the Business Combination Closing, and in whole or in part, to one or more affiliates any entity that is an affiliate of the Purchaser SoftBank Group Corp., but not to other third parties (each such transfereetransferee or assignee, a “Transferee”). Upon any such transfer or assignment:
(ia) the applicable Transferee shall execute a signature page to this Agreement, substantially in the form of the Purchaser’s signature page hereto (the “Joinder Agreement”), which shall reflect the number of Forward Purchase Units to be purchased by such Transferee shall have the right to purchase (the “Transferee Securities”), and, upon such execution, such Transferee shall have all the same rights and obligations of the Purchaser hereunder with respect to the Transferee Securities, and references herein to the “Purchaser” shall be deemed to refer to and include any such Transferee with respect to such Transferee and to its Transferee Securities; provided, that any representations, warranties, covenants and agreements of the Purchaser and any such Transferee shall be several and not joint and shall be made as to the Purchaser or any such Transferee, as applicable, as to itself only; and
(iib) upon a Transferee’s execution and delivery of a Joinder Agreement, the number of Forward Purchase Units permitted to be purchased by the Purchaser hereunder shall be reduced by the total number of Forward Purchase Units permitted to be purchased by the applicable Transferee pursuant to the applicable Joinder Agreement, which reduction shall be evidenced by the Purchaser and the Company amending Schedule A to this Agreement to reflect each transfer and updating the “Number of Forward Purchase Units” ”, and “Aggregate Purchase Price for Forward Purchase Units” on the Purchaser’s signature page hereto to reflect such reduced number of Forward Purchase Units, and the Purchaser shall be fully and unconditionally released from its obligation to purchase such Transferee Securities hereunder. For the avoidance of doubt, this Agreement need not be amended and restated in its entirety, but only Schedule A and the Purchaser’s signature page hereto need be so amended and updated and executed by each of the Purchaser and the Company upon the occurrence of any such transfer of Transferee Securities.
Appears in 4 contracts
Samples: Forward Purchase Agreement (SVF Investment Corp. 3), Forward Purchase Agreement (SVF Investment Corp. 2), Forward Purchase Agreement (SVF Investment Corp.)
Transfer. This Agreement and all of Buyer shall have the Purchaser’s right to assign its rights and delegate its obligations hereunder (including the Purchaser’s obligation to purchase the Forward Purchase Units) may be transferred or assigned, at any time and from time to time, in whole or in part, to one or more affiliates of the Purchaser (each such transferee, a “Transferee”). Upon any such assignment:
(i) the applicable Transferee shall execute a signature page to this Agreement, substantially in the form of the Purchaser’s signature page hereto (the “Joinder Agreement”), which shall reflect the number of Forward Purchase Units to be purchased by such Transferee (the “Transferee Securities”), and, upon such execution, such Transferee shall have all the same rights and obligations of the Purchaser hereunder with respect to the Transferee Securitiesany portion of this Transaction, subject to Seller’s consent, such consent not to be unreasonably withheld; provided that such assignment or transfer shall be subject to receipt by Seller of opinions and references herein documents reasonably satisfactory to Seller and effected on terms reasonably satisfactory to the “Purchaser” shall be deemed to refer to and include any such Transferee Seller with respect to such Transferee any legal and to its Transferee Securities; provided, that any representations, warranties, covenants and agreements of the Purchaser and any such Transferee shall be several and not joint and shall be made as regulatory requirements relevant to the Purchaser or any such Transferee, as applicable, as to itself onlySeller; and
(ii) upon a Transferee’s execution and delivery of a Joinder Agreement, the number of Forward Purchase Units to provided further that Buyer shall not be purchased by the Purchaser hereunder shall be reduced by the total number of Forward Purchase Units to be purchased by the applicable Transferee pursuant to the applicable Joinder Agreement, which reduction shall be evidenced by the Purchaser and the Company amending Schedule A to this Agreement to reflect each transfer and updating the “Number of Forward Purchase Units” and “Aggregate Purchase Price for Forward Purchase Units” on the Purchaser’s signature page hereto to reflect such reduced number of Forward Purchase Units, and the Purchaser shall be fully and unconditionally released from its obligation to purchase deliver a Exercise Notice. If, as determined in Seller’s sole discretion, (i) its “beneficial ownership” (within the meaning of Section 13 of the Exchange Act and rules promulgated thereunder) could be deemed to exceed 8% of Counterparty’s outstanding Shares or (ii) the quotient of (x) the product of (a) the Number of Options and (b) the Option Entitlement divided by (y) the number of Counterparty’s outstanding Shares (such Transferee Securities hereunderquotient expressed as a percentage, the “Option Equity Percentage”) exceeds 9%, Seller may, without Counterparty’s consent, transfer or assign all or any part of its rights or obligations under this Transaction to reduce such “beneficial ownership” to 7.5% or such Option Equity Percentage to 8.5% to any third party with a rating for its (or, if applicable, its Credit Support Provider’s) long term, unsecured and unsubordinated indebtedness of A- or better by Standard & Poor’s Ratings Service or its successor (“S&P”), or A3 or better by Mxxxx’x Investors Service (“Moody’s”) or, if either S&P or Moody’s ceases to rate such debt, at least an equivalent rating or better by a substitute rating agency mutually agreed by Company and Seller. For If after Seller’s commercially reasonable efforts, Seller is unable to effect such a transfer or assignment on pricing terms reasonably acceptable to Seller and within a time period reasonably acceptable to Seller of a sufficient number of Options to reduce (i) Seller’s “beneficial ownership” (within the avoidance meaning of doubtSection 13 of the Exchange Act and rules promulgated thereunder) to 7.5% of Counterparty’s outstanding Shares or less or (ii) the Option Equity Percentage to 8.5% or less, Seller may designate any Exchange Business Day as an Early Termination Date with respect to a portion (the “Terminated Portion”) of this Transaction, such that (i) its “beneficial ownership” following such partial termination will be equal to or less than 7.5% or (ii) the Option Equity Percentage following such partial termination will be equal to or less than 8.5%. In the event that Seller so designates an Early Termination Date with respect to a portion of this Transaction, the provisions set forth above under paragraph 4 of “Additional Agreements, Representations and Covenants of Buyer, Etc.” shall apply in lieu of Section 6(d)(ii) and 6(e) of the Agreement need as if (i) an Early Termination Date had been designated in respect of a Transaction having terms identical to this Transaction and a Number of Options equal to the Terminated Portion and (ii) such Transaction were the only Terminated Transaction. In circumstances in which the foregoing provisions relating to Seller’s right to transfer or assign its rights or obligations under the Transaction are not applicable, Seller may transfer any of its rights or delegate its obligations under this Transaction with the prior written consent of Buyer, which consent shall not be amended and restated in its entirety, but only Schedule A and the Purchaser’s signature page hereto need be so amended and updated and executed by each of the Purchaser and the Company upon the occurrence of any such transfer of Transferee Securitiesunreasonably withheld.
Appears in 4 contracts
Samples: Confirmation of Otc Convertible Note Hedge (General Cable Corp /De/), Confirmation of Otc Convertible Note Hedge (General Cable Corp /De/), Confirmation of Additional Otc Convertible Note Hedge (General Cable Corp /De/)
Transfer. This Agreement (a) Subject to the provisions of paragraph (f) below and Article XI of the Securities Purchase Agreement, this Warrant and all of rights hereunder are transferable by the Purchaser’s rights and obligations hereunder (including the Purchaser’s obligation to purchase the Forward Purchase Units) may be transferred or assignedWarrantholder, at any time time, and from time to time, on or after January 1, 2004, in whole or in part, to one or more affiliates with the consent of the Purchaser Company, which consent shall not be unreasonably withheld or delayed, upon surrender of this Warrant with a properly executed assignment at the principal office of the Company at any time on or after the Commencement Date.
(each b) Any transferee to whom rights hereunder are transferred shall, as a condition to such transfereetransfer, deliver to the Company a “Transferee”)written instrument by which such transferee agrees to be bound by the obligations imposed upon the Warrantholder under this Warrant to the same extent as if such transferee was the Warrantholder.
(c) The Company will maintain a register containing the names and addresses of the Warrantholders of the Warrants. Upon Any Warrantholder may change its or his address as shown on the warrant register by written notice to the Company requesting such change.
(d) Until any such assignment:transfer of this Warrant is made in the warrant register, the Company may treat the Warrantholder as the absolute owner hereof for all purposes; provided, however, that if and when this Warrant is properly assigned in blank, the Company may (but shall not be obligated to) treat the bearer hereof as the absolute owner hereof for all purposes, notwithstanding any notice to the contrary.
(e) This Warrant and the Warrant Shares shall not be sold or transferred unless either (i) they first shall have been registered under the applicable Transferee Securities Act or (ii) the Company first shall execute have been furnished with an opinion of legal counsel, reasonably satisfactory to the Company, to the effect that such sale or transfer is exempt from the registration requirements of the Securities Act.
(f) Each certificate representing Warrant Shares shall bear a signature page to this Agreement, legend substantially in the form following form: THE SHARES OF COMMON STOCK REPRESENTED BY THIS CERTIFICATE HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, OR ANY STATE SECURITIES LAWS AND MAY NOT BE TRANSFERRED, PLEDGED HYPOTECATED, SOLD OR OTHERWISE DISPOSED OF OR OFFERED FOR SALE EXCEPT PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT AS TO THE SHARES OF COMMON STOCK REPRESENTED BY THIS CERTIFICATE UNDER SAID ACT AND ANY APPLICABLE STATE SECURITIES LAWS OR AN OPINION OF COUNSEL REASONABLY SATISFACTORY TO THE COMPANY THAT SUCH REGISTRATION IS NOT REQUIRED. The foregoing legend shall be removed from the certificates representing any Warrant Shares, at the request of the Purchaser’s signature page hereto (the “Joinder Agreement”)holder thereof, which shall reflect the number of Forward Purchase Units to be purchased by at such Transferee (the “Transferee Securities”), and, upon such execution, such Transferee shall have all the same rights and obligations of the Purchaser hereunder with respect to the Transferee Securities, and references herein to the “Purchaser” shall be deemed to refer to and include any such Transferee with respect to such Transferee and to its Transferee Securities; provided, that any representations, warranties, covenants and agreements of the Purchaser and any such Transferee shall be several and not joint and shall be made time as to the Purchaser or any such Transferee, as applicable, as to itself only; and
(ii) upon a Transferee’s execution and delivery of a Joinder Agreement, the number of Forward Purchase Units to be purchased by the Purchaser hereunder shall be reduced by the total number of Forward Purchase Units to be purchased by the applicable Transferee they become eligible for resale pursuant to Rule 144(k) under the applicable Joinder Agreement, which reduction shall be evidenced by the Purchaser and the Company amending Schedule A to this Agreement to reflect each transfer and updating the “Number of Forward Purchase Units” and “Aggregate Purchase Price for Forward Purchase Units” on the Purchaser’s signature page hereto to reflect such reduced number of Forward Purchase Units, and the Purchaser shall be fully and unconditionally released from its obligation to purchase such Transferee Securities hereunder. For the avoidance of doubt, this Agreement need not be amended and restated in its entirety, but only Schedule A and the Purchaser’s signature page hereto need be so amended and updated and executed by each of the Purchaser and the Company upon the occurrence of any such transfer of Transferee SecuritiesAct.
Appears in 3 contracts
Samples: Warrant Agreement (Hungarian Telephone & Cable Corp), Warrant Agreement (Postabank Es Takarekrenztar), Warrant Agreement (Hungarian Telephone & Cable Corp)
Transfer. This Agreement and all All of the Purchaser’s rights and obligations hereunder (including the Purchaser’s obligation with respect to purchase the Forward Purchase Units) may be transferred or assigned, at any time and from time to time, time prior to the consummation of a Business Combination and in whole or in part, to one or more affiliates of the Purchaser (each such transferee, a “Transferee”)any Forward Transferees. Upon any such transfer or assignment:
(i) the applicable Transferee Forward Transferee(s) shall execute a signature page joinder to this Agreement, substantially Agreement in the form of the Purchaser’s signature page attached hereto as Exhibit B (the “Joinder Agreement”), which shall shall, on the signature page to the Joinder Agreement, reflect the number of Forward Purchase Units Shares such Forward Transferee(s) shall have the right to be purchased by such Transferee purchase (the “Forward Transferee SecuritiesShares”), and, upon such execution, such Transferee Forward Transferee(s) shall have all the same rights and obligations of the Purchaser hereunder with respect to the Forward Transferee SecuritiesShares, and references herein to the “Purchaser” shall be deemed to refer to and include any such Transferee Forward Transferee(s) with respect to such Transferee Forward Transferee(s) and to its their Forward Transferee SecuritiesShares; provided, that any representations, warranties, covenants and agreements of the Purchaser and any such Transferee Forward Transferee(s) shall be several and not joint and shall be made as to the Purchaser or any such TransfereeForward Transferee(s), as applicable, as to itself only; and;
(ii) all of the rights and obligations of each Forward Transferee with respect to the Forward Purchase may not be transferred or assigned, at any time and from time to time and in whole or in part, except the rights and obligations of each Forward Transferee with respect to the Forward Purchase may be transferred or assigned, at any time and from time to time and in whole or in part to any affiliate of TPG, subject to the same terms and procedures as a transfer or assignment from the Purchaser to the Forward Transferees;
(iii) upon a Forward Transferee’s execution and delivery of a Joinder Agreement, the number of Forward Purchase Units Shares permitted to be purchased by the Purchaser in the Forward Purchase hereunder shall be reduced by the total number of Forward Purchase Units Shares permitted to be purchased by the applicable Forward Transferee pursuant to the applicable Joinder Agreement, which reduction shall be evidenced by the Purchaser and the Company amending Schedule A to this Agreement to reflect each transfer and updating the “Number of Forward Purchase Units” Shares”, and “Aggregate Purchase Price for Forward Purchase UnitsShares” on the Purchaser’s signature page hereto to reflect such reduced number of Forward Purchase Units, and the Purchaser shall be fully and unconditionally released from its obligation to purchase such Transferee Securities hereunderShares. For the avoidance of doubt, this Agreement need not be amended and restated in its entirety, but only Schedule A and the Purchaser’s signature page hereto need be so amended and updated and executed by each of the Purchaser and the Company upon the occurrence of any such transfer of Forward Transferee SecuritiesShares.
Appears in 3 contracts
Samples: Forward Purchase Agreement (TPG Pace Beneficial II Corp.), Forward Purchase Agreement (TPG Pace Solutions Corp.), Forward Purchase Agreement (TPG Pace Tech Opportunities II Corp.)
Transfer. This Agreement The Warrants and the Warrant Stock shall be freely transferable, subject to compliance with this Section 3.1 and all applicable laws, including, but not limited to the Securities Act. If, at the time of the Purchaser’s rights and obligations hereunder surrender of this Warrant in connection with any transfer of this Warrant or the resale of the Warrant Stock, this Warrant or the Warrant Stock, as applicable, shall not be registered for resale under the Securities Act, the Company may require, as a condition of allowing such transfer (including i) that the Purchaser’s obligation Holder or transferee of this Warrant or the Warrant Stock as the case may be, at the cost of Holder or transferee, furnish to purchase the Forward Purchase Units) Company a written opinion of counsel that is reasonably acceptable to the Company to the effect that such transfer may be transferred made without registration under the Securities Act and any applicable state law, except if such transfer is to an Affiliate of such Holder; (ii) that the Holder or assigned, at any time transferee execute and from time deliver to timethe Company an investment representation letter in form and substance acceptable to the Company and substantially in the form attached as Exhibit C hereto; and (iii) that the transferee be an “accredited investor” as defined in Rule 501 (a) promulgated under the Securities Act. Transfer of this Warrant and all rights hereunder, in whole or in part, to one or more affiliates in accordance with the foregoing provisions, shall be registered on the books of the Purchaser (each Company to be maintained for such transfereepurpose, upon surrender of this Warrant at the principal office of the Company referred to in Section 2.1 or the office or agency designated by the Company as provided herein, together with a “Transferee”). Upon any such assignment:
(i) the applicable Transferee shall execute a signature page to written assignment of this Agreement, Warrant substantially in the form of Exhibit B hereto duly executed by the Purchaser’s signature page hereto (Holder or its agent or attorney and funds sufficient to pay any transfer taxes payable upon the “Joinder Agreement”), which shall reflect the number making of Forward Purchase Units to be purchased by such Transferee (the “Transferee Securities”), transfer. Upon such surrender and, upon such executionif required, such Transferee payment, the Company shall have all execute and deliver a new Warrant or Warrants in the same rights and obligations name of the Purchaser hereunder with respect assignee or assignees and in the denomination specified in such instrument of assignment, and shall issue to the Transferee Securitiesassignor a new Warrant evidencing the portion of this Warrant not so assigned, and references herein to this Warrant shall promptly be cancelled. Following a transfer that complies with the “Purchaser” shall requirements of this Section 3.1, the Warrant may be deemed to refer to and include any such Transferee with respect to such Transferee and to its Transferee Securities; provided, that any representations, warranties, covenants and agreements exercised by a new Holder for the purchase of shares of Common Stock regardless of whether the Company issued or registered a new Warrant on the books of the Purchaser and Company. In connection with any such Transferee shall be several and not joint and shall be made as transfer of this Warrant or the resale of the Warrant Stock pursuant to the Purchaser Rule 144 or any such Transferee, as applicable, as other than pursuant to itself only; and
(ii) upon a Transferee’s execution and delivery of a Joinder Agreementan effective registration statement, the number of Forward Purchase Units to be purchased by the Purchaser hereunder Holder or transferee shall be reduced by the total number of Forward Purchase Units to be purchased by the applicable Transferee pursuant to the applicable Joinder Agreement, which reduction shall be evidenced by the Purchaser and compensate the Company amending Schedule A to this Agreement to reflect each transfer and updating the “Number of Forward Purchase Units” and “Aggregate Purchase Price for Forward Purchase Units” on the Purchaser’s signature page hereto to reflect such reduced number of Forward Purchase Units, and the Purchaser shall be fully and unconditionally released from its obligation to purchase such Transferee Securities hereunder. For the avoidance of doubt, this Agreement need not be amended and restated reasonable expenses incurred in its entirety, but only Schedule A and the Purchaser’s signature page hereto need be so amended and updated and executed by each of the Purchaser and the Company upon the occurrence of any connection with effectuating such transfer of Transferee Securitiesor resale.
Appears in 3 contracts
Samples: Warrant Agreement (Quantum Fuel Systems Technologies Worldwide Inc), Common Stock Purchase Warrant (Quantum Fuel Systems Technologies Worldwide Inc), Common Stock Purchase Warrant (Quantum Fuel Systems Technologies Worldwide Inc)
Transfer. This Agreement The Warrants and the Warrant Stock shall be freely transferable, subject to compliance with this Section 3.1 and all applicable laws, including, but not limited to the Securities Act. If, at the time of the Purchaser’s rights and obligations hereunder surrender of this Warrant in connection with any transfer of this Warrant or the resale of the Warrant Stock, this Warrant or the Warrant Stock, as applicable, shall not be registered under the Securities Act, the Company may require, as a condition of allowing such transfer (including i) that the Purchaser’s obligation Holder or transferee of this Warrant or the Warrant Stock as the case may be, furnish to purchase the Forward Purchase Units) Company a written opinion of counsel that is reasonably acceptable to the Company to the effect that such transfer may be transferred made without registration under the Securities Act, (ii) that the Holder or assigned, at any time transferee execute and from time deliver to timethe Company an investment representation letter in form and substance acceptable to the Company and substantially in the form attached as Exhibit C hereto and (iii) that the transferee be an "accredited investor" as defined in Rule 501(a) promulgated under the Securities Act. Transfer of this Warrant and all rights hereunder, in whole or in part, to one or more affiliates in accordance with the foregoing provisions, shall be registered on the books of the Purchaser (each Company to be maintained for such transfereepurpose, upon surrender of this Warrant at the principal office of the Company referred to in Section 2.1 or the office or agency designated by the Company pursuant to Section 12, together with a “Transferee”). Upon any such assignment:
(i) the applicable Transferee shall execute a signature page to written assignment of this Agreement, Warrant substantially in the form of Exhibit B hereto duly executed by the Purchaser’s signature page hereto (Holder or its agent or attorney and funds sufficient to pay any transfer taxes payable upon the “Joinder Agreement”), which shall reflect the number making of Forward Purchase Units to be purchased by such Transferee (the “Transferee Securities”), transfer. Upon such surrender and, upon such executionif required, such Transferee payment, the Company shall have all execute and deliver a new Warrant or Warrants in the same rights and obligations name of the Purchaser hereunder with respect assignee or assignees and in the denomination specified in such instrument of assignment, and shall issue to the Transferee Securitiesassignor a new Warrant evidencing the portion of this Warrant not so assigned, and references herein to this Warrant shall promptly be cancelled. Following a transfer that complies with the “Purchaser” shall requirements of this Section 3.1, the Warrant may be deemed to refer to and include any such Transferee with respect to such Transferee and to its Transferee Securities; provided, that any representations, warranties, covenants and agreements exercised by a new Holder for the purchase of shares of Common Stock regardless of whether the Company issued or registered a new Warrant on the books of the Purchaser and any such Transferee shall be several and not joint and shall be made as to the Purchaser or any such Transferee, as applicable, as to itself only; and
(ii) upon a Transferee’s execution and delivery of a Joinder Agreement, the number of Forward Purchase Units to be purchased by the Purchaser hereunder shall be reduced by the total number of Forward Purchase Units to be purchased by the applicable Transferee pursuant to the applicable Joinder Agreement, which reduction shall be evidenced by the Purchaser and the Company amending Schedule A to this Agreement to reflect each transfer and updating the “Number of Forward Purchase Units” and “Aggregate Purchase Price for Forward Purchase Units” on the Purchaser’s signature page hereto to reflect such reduced number of Forward Purchase Units, and the Purchaser shall be fully and unconditionally released from its obligation to purchase such Transferee Securities hereunder. For the avoidance of doubt, this Agreement need not be amended and restated in its entirety, but only Schedule A and the Purchaser’s signature page hereto need be so amended and updated and executed by each of the Purchaser and the Company upon the occurrence of any such transfer of Transferee SecuritiesCompany.
Appears in 3 contracts
Samples: Warrant Agreement (Sco Capital Partners LLC), Common Stock Purchase Warrant (Electric & Gas Technology Inc), Warrant Agreement (Somanta Pharmaceuticals Inc.)
Transfer. This Agreement and all All of the Purchaser’s rights and obligations hereunder (including the Purchaser’s obligation with respect to purchase the Forward Purchase Units) may be transferred or assignedassigned with the prior written consent of the Company to be given in its sole discretion, at any time and from time to time, time prior to the consummation of a Business Combination and in whole or in part, to one or more affiliates of third parties (the Purchaser (each such transferee, a “TransfereeForward Transferees”). Upon any such transfer or assignment:
(i) the applicable Transferee Forward Transferee(s) shall execute a signature page joinder to this Agreement, substantially Agreement in the form of the Purchaser’s signature page attached hereto as Exhibit B (the “Joinder Agreement”), which shall shall, on the signature page to the Joinder Agreement, reflect the number of Forward Purchase Units Shares such Forward Transferee(s) shall have the right to be purchased by such Transferee purchase (the “Forward Transferee SecuritiesShares”), and, upon such execution, such Transferee Forward Transferee(s) shall have all the same rights and obligations of the Purchaser hereunder with respect to the Forward Transferee SecuritiesShares, and references herein to the “Purchaser” shall be deemed to refer to and include any such Transferee Forward Transferee(s) with respect to such Transferee Forward Transferee(s) and to its their Forward Transferee SecuritiesShares; provided, that any representations, warranties, covenants and agreements of the Purchaser and any such Transferee Forward Transferee(s) shall be several and not joint and shall be made as to the Purchaser or any such TransfereeForward Transferee(s), as applicable, as to itself only; and;
(ii) upon a Forward Transferee’s execution and delivery of a Joinder Agreement, the number of Forward Purchase Units Shares permitted to be purchased by the Purchaser in the Forward Purchase hereunder shall be reduced by the total number of Forward Purchase Units Shares permitted to be purchased by the applicable Forward Transferee pursuant to the applicable Joinder Agreement, which reduction shall be evidenced by the Purchaser and the Company amending Schedule A to this Agreement to reflect each transfer and updating the “Number of Forward Purchase Units” Shares”, and “Aggregate Purchase Price for Forward Purchase UnitsShares” on the Purchaser’s signature page hereto to reflect such reduced number of Forward Purchase Units, and the Purchaser shall be fully and unconditionally released from its obligation to purchase such Transferee Securities hereunderShares. For the avoidance of doubt, this Agreement need not be amended and restated in its entirety, but only Schedule A and the Purchaser’s signature page hereto need be so amended and updated and executed by each of the Purchaser and the Company upon the occurrence of any such transfer of Forward Transferee SecuritiesShares.
Appears in 3 contracts
Samples: Forward Purchase Agreement (TPG Pace Solutions Corp.), Forward Purchase Agreement (TPG Pace Beneficial II Corp.), Forward Purchase Agreement (TPG Pace Tech Opportunities II Corp.)
Transfer. This Agreement and all of the Purchaser’s rights and obligations hereunder (including the Purchaser’s obligation to purchase the Forward Purchase UnitsSecurities) may be transferred or assigned, at any time and from time to time, in whole or in part, to (i) one or more affiliates of third parties and/or (ii) to any investment fund or other entity controlled or managed by the Purchaser (each such transfereetransferee under clause (i) or (ii), a “Transferee”), subject to the prior written consent of the Company (not to be unreasonably denied, withheld or delayed). Upon any such assignment:
(ia) the applicable Transferee shall execute a signature page to this Agreement, substantially in the form of the Purchaser’s signature page hereto (the “Joinder Agreement”), which shall reflect the number of Forward Purchase Units Securities to be purchased by such Transferee (the “Transferee Securities”), and, upon such execution, such Transferee shall have all the same rights and obligations of the Purchaser hereunder with respect to the Transferee Securities, and references herein to the “Purchaser” shall be deemed to refer to and include any such Transferee with respect to such Transferee and to its Transferee Securities; provided, that any representations, warranties, covenants and agreements of the Purchaser and any such Transferee shall be several and not joint and shall be made as to the Purchaser or any such Transferee, as applicable, as to itself only; and
(iib) upon a Transferee’s execution and delivery of a Joinder Agreement, the number of Forward Purchase Units Securities to be purchased by the Purchaser hereunder shall be reduced by the total number of Forward Purchase Units Securities to be purchased by the applicable Transferee pursuant to the applicable Joinder Agreement, which reduction shall be evidenced by the Purchaser and the Company amending Schedule A to this Agreement to reflect each transfer and updating the “Number of Forward Purchase Units” and “Aggregate Purchase Price for Forward Purchase Units” on the Purchaser’s signature page Exhibit C hereto to reflect such reduced number of Forward Purchase Unitsreduction, and the Purchaser shall be fully and unconditionally released from its obligation to purchase such Transferee Securities hereunder. For the avoidance of doubt, this Agreement need not be amended and restated in its entirety, but only Schedule A and the Purchaser’s signature page Exhibit C hereto need be so amended and updated and executed by each of the Purchaser and the Company upon the occurrence of any such transfer of Transferee Securities.
Appears in 3 contracts
Samples: Forward Purchase Agreement (Spark I Acquisition Corp), Forward Purchase Agreement (Spark I Acquisition Corp), Forward Purchase Agreement (Spark I Acquisition Corp)
Transfer. This Agreement The Warrants and the Warrant Stock shall be freely transferable, subject to compliance with this Section 3.1 and all applicable laws, including, but not limited to the Securities Act. If, at the time of the Purchaser’s rights and obligations hereunder surrender of this Warrant in connection with any transfer of this Warrant or the resale of the Warrant Stock, this Warrant or the Warrant Stock, as applicable, shall not be registered under the Securities Act, the Company may require, as a condition of allowing such transfer (including i) that the Purchaser’s obligation Holder or transferee of this Warrant or the Warrant Stock as the case may be, furnish to purchase the Forward Purchase Units) Company a written opinion of counsel that is reasonably acceptable to the Company to the effect that such transfer may be transferred made without registration under the Securities Act, (ii) that the Holder or assigned, at any time transferee execute and from time deliver to timethe Company an investment representation letter in form and substance acceptable to the Company and substantially in the form attached as EXHIBIT C hereto and (iii) that the transferee be an "accredited investor" as defined in Rule 501(a) promulgated under the Securities Act. Transfer of this Warrant and all rights hereunder, in whole or in part, to one or more affiliates in accordance with the foregoing provisions, shall be registered on the books of the Purchaser (each Company to be maintained for such transfereepurpose, upon surrender of this Warrant at the principal office of the Company referred to in Section 2.1 or the office or agency designated by the Company pursuant to Section 12, together with a “Transferee”). Upon any such assignment:
(i) the applicable Transferee shall execute a signature page to written assignment of this Agreement, Warrant substantially in the form of EXHIBIT B hereto duly executed by the Purchaser’s signature page hereto (Holder or its agent or attorney and funds sufficient to pay any transfer taxes payable upon the “Joinder Agreement”), which shall reflect the number making of Forward Purchase Units to be purchased by such Transferee (the “Transferee Securities”), transfer. Upon such surrender and, upon such executionif required, such Transferee payment, the Company shall have all execute and deliver a new Warrant or Warrants in the same rights and obligations name of the Purchaser hereunder with respect assignee or assignees and in the denomination specified in such instrument of assignment, and shall issue to the Transferee Securitiesassignor a new Warrant evidencing the portion of this Warrant not so assigned, and references herein to this Warrant shall promptly be cancelled. Following a transfer that complies with the “Purchaser” shall requirements of this Section 3.1, the Warrant may be deemed to refer to and include any such Transferee with respect to such Transferee and to its Transferee Securities; provided, that any representations, warranties, covenants and agreements exercised by a new Holder for the purchase of shares of Common Stock regardless of whether the Company issued or registered a new Warrant on the books of the Purchaser and any such Transferee shall be several and not joint and shall be made as to the Purchaser or any such Transferee, as applicable, as to itself only; and
(ii) upon a Transferee’s execution and delivery of a Joinder Agreement, the number of Forward Purchase Units to be purchased by the Purchaser hereunder shall be reduced by the total number of Forward Purchase Units to be purchased by the applicable Transferee pursuant to the applicable Joinder Agreement, which reduction shall be evidenced by the Purchaser and the Company amending Schedule A to this Agreement to reflect each transfer and updating the “Number of Forward Purchase Units” and “Aggregate Purchase Price for Forward Purchase Units” on the Purchaser’s signature page hereto to reflect such reduced number of Forward Purchase Units, and the Purchaser shall be fully and unconditionally released from its obligation to purchase such Transferee Securities hereunder. For the avoidance of doubt, this Agreement need not be amended and restated in its entirety, but only Schedule A and the Purchaser’s signature page hereto need be so amended and updated and executed by each of the Purchaser and the Company upon the occurrence of any such transfer of Transferee SecuritiesCompany.
Appears in 3 contracts
Samples: Warrant Agreement (Macrochem Corp), Warrant Agreement (Critical Home Care Inc), Warrant Agreement (Macrochem Corp)
Transfer. This Agreement and all of the Purchaser’s rights and obligations hereunder (including the Purchaser’s obligation to purchase the Forward Purchase Units) may be transferred or assigned, at any time and from time to time, in whole or in part, to one or more affiliates of third parties and/or (ii) to any investment fund or other entity controlled or managed by the Purchaser (each such transfereetransferee under clause (i) or (ii), a “Transferee”), subject to the prior written consent of the Company (not to be unreasonably denied, withheld or delayed). Upon any such assignment:
(ia) the applicable Transferee shall execute a signature page to this Agreement, substantially in the form of the Purchaser’s signature page hereto (the “Joinder Agreement”), which shall reflect the number of Forward Purchase Units Shares and Forward Purchase Warrants to be purchased by such Transferee (the “Transferee Securities”), and, upon such execution, such Transferee shall have all the same rights and obligations of the Purchaser hereunder with respect to the Transferee Securities, and references herein to the “Purchaser” shall be deemed to refer to and include any such Transferee with respect to such Transferee and to its Transferee Securities; provided, that any representations, warranties, covenants and agreements of the Purchaser and any such Transferee shall be several and not joint and shall be made as to the Purchaser or any such Transferee, as applicable, as to itself only; and
(iib) upon a Transferee’s execution and delivery of a Joinder Agreement, the number of Forward Purchase Units Shares and Forward Purchase Warrants to be purchased by the Purchaser hereunder shall be reduced by the total number of Forward Purchase Units Shares and Forward Purchase Warrants to be purchased by the applicable Transferee pursuant to the applicable Joinder Agreement, which reduction shall be evidenced by the Purchaser and the Company amending Schedule A to this Agreement to reflect each transfer and updating the “Number of Forward Purchase Units” Shares”, “Number of Forward Purchase Warrants”, and “Aggregate Purchase Price for Forward Purchase Units” on the Purchaser’s signature page hereto to reflect such reduced number of Forward Purchase Units, and the Purchaser shall be fully and unconditionally released from its obligation to purchase such Transferee Securities hereunder. For the avoidance of doubt, this Agreement need not be amended and restated in its entirety, but only Schedule A and the Purchaser’s signature page hereto need be so amended and updated and executed by each of the Purchaser and the Company upon the occurrence of any such transfer of Transferee Securities.
Appears in 2 contracts
Samples: Forward Purchase Agreement (Generation Asia I Acquisition LTD), Forward Purchase Agreement (Generation Asia I Acquisition LTD)
Transfer. This Agreement Warrant and the Warrant Stock have not been and are not being registered under the Securities Act or any state securities laws. This Warrant may not be offered for sale, sold, assigned or transferred by Holder (other than to an Affiliate of Holder) without the prior written consent of the Company. If, at the time of the surrender of this Warrant in connection with any transfer of this Warrant or the resale of the Warrant Stock, this Warrant or the Warrant Stock, as applicable, shall not be registered under the Securities Act, the Company may require, as a condition of allowing such transfer (i) that the Holder or transferee of this Warrant or the Warrant Stock as the case may be, furnish to the Company a written opinion of counsel that is reasonably acceptable to the Company to the effect that such transfer may be made without registration under the Securities Act, (ii) that the Holder or transferee execute and deliver to the Company an investment letter in form and substance acceptable to the Company and substantially in the form attached as Exhibit C hereto and (iii) that the transferee be an “accredited investor” as defined in Rule 501 promulgated under the Securities Act. Transfer of this Warrant and all of the Purchaser’s rights and obligations hereunder (including the Purchaser’s obligation to purchase the Forward Purchase Units) may be transferred or assigned, at any time and from time to timehereunder, in whole or in part, to one or more affiliates in accordance with the foregoing provisions, shall be registered on the books of the Purchaser (each Company to be maintained for such transfereepurpose, upon surrender of this Warrant at the principal office of the Company referred to in Section 2.1 or an office or agency designated by the Company, together with a “Transferee”). Upon any such assignment:
(i) the applicable Transferee shall execute a signature page to written assignment of this Agreement, Warrant substantially in the form of Exhibit B hereto duly executed by the Purchaser’s signature page hereto (Holder or its agent or attorney and funds sufficient to pay any transfer taxes payable upon the “Joinder Agreement”), which shall reflect the number making of Forward Purchase Units to be purchased by such Transferee (the “Transferee Securities”), transfer. Upon such surrender and, upon such executionif required, such Transferee payment, the Company shall have all execute and deliver a new Warrant or Warrants in the same rights and obligations name of the Purchaser hereunder with respect assignee or assignees and in the denomination specified in such instrument of assignment, and shall issue to the Transferee Securitiesassignor a new Warrant evidencing the portion of this Warrant not so assigned, and references herein to this Warrant shall promptly be cancelled. Following a transfer that complies with the “Purchaser” shall requirements of this Section 3.1, the Warrant may be deemed to refer to and include any such Transferee with respect to such Transferee and to its Transferee Securities; provided, that any representations, warranties, covenants and agreements exercised by a new Holder for the purchase of shares of Common Stock regardless of whether the Company issued or registered a new Warrant on the books of the Purchaser and any such Transferee shall be several and not joint and shall be made as to the Purchaser or any such Transferee, as applicable, as to itself only; and
(ii) upon a Transferee’s execution and delivery of a Joinder Agreement, the number of Forward Purchase Units to be purchased by the Purchaser hereunder shall be reduced by the total number of Forward Purchase Units to be purchased by the applicable Transferee pursuant to the applicable Joinder Agreement, which reduction shall be evidenced by the Purchaser and the Company amending Schedule A to this Agreement to reflect each transfer and updating the “Number of Forward Purchase Units” and “Aggregate Purchase Price for Forward Purchase Units” on the Purchaser’s signature page hereto to reflect such reduced number of Forward Purchase Units, and the Purchaser shall be fully and unconditionally released from its obligation to purchase such Transferee Securities hereunder. For the avoidance of doubt, this Agreement need not be amended and restated in its entirety, but only Schedule A and the Purchaser’s signature page hereto need be so amended and updated and executed by each of the Purchaser and the Company upon the occurrence of any such transfer of Transferee SecuritiesCompany.
Appears in 2 contracts
Samples: Warrant Agreement (ONCOSEC MEDICAL Inc), Warrant Agreement (ONCOSEC MEDICAL Inc)
Transfer. This Agreement and all of the Purchaser’s rights and obligations hereunder (including the Purchaser’s obligation to purchase the Forward Purchase UnitsSecurities) may be transferred or assigned, at any time and from time to time, in whole or in part, to one or more affiliates of the Purchaser Purchaser, but not to other third parties (each such transferee, a “Transferee”). Upon any such assignment:
(i) the applicable Transferee shall execute a signature page to this Agreement, substantially in the form of the Purchaser’s signature page hereto (the “Joinder Agreement”), which shall reflect the number of Forward Purchase Units to be purchased by such Transferee (the “Transferee Securities”), and, upon such execution, such Transferee shall have all the same rights and obligations of the Purchaser hereunder with respect to the Transferee Securities, and references herein to the “Purchaser” shall be deemed to refer to and include any such Transferee with respect to such Transferee and to its Transferee Securities; provided, that any representations, warranties, covenants and agreements of the Purchaser and any such Transferee shall be several and not joint and shall be made as to the Purchaser or any such Transferee, as applicable, as to itself only; and
(ii) upon a Transferee’s execution and delivery of a Joinder Agreement, the number of Forward Purchase Units to be purchased by the Purchaser hereunder shall be reduced by the total number of Forward Purchase Units to be purchased by the applicable Transferee pursuant to the applicable Joinder Agreement, which reduction shall be evidenced by the Purchaser and the Company amending Schedule A to this Agreement to reflect each transfer and updating the “Number of Forward Purchase Units” and “Aggregate Purchase Price for Forward Purchase UnitsSecurities” on the Purchaser’s signature page hereto to reflect such reduced number of Forward Purchase Units, and the Purchaser shall be fully and unconditionally released from its obligation to purchase such Transferee Securities hereunderSecurities. For the avoidance of doubt, this Agreement need not be amended and restated in its entirety, but only Schedule A and the Purchaser’s signature page hereto need be so amended and updated and executed by each of the Purchaser and the Company upon the occurrence of any such transfer of Transferee Securities.
Appears in 2 contracts
Samples: Forward Purchase Agreement (Empower Ltd.), Forward Purchase Agreement (Empower Ltd.)
Transfer. This Agreement and all All of the Purchaser’s rights and obligations hereunder (including the Purchaser’s obligation with respect to purchase the Forward Purchase Units) may be transferred or assigned, at any time and from time to time, time prior to the consummation of a Business Combination and in whole or in part, to one or more affiliates of the Purchaser (each such transferee, a “Transferee”)any Forward Transferees. Upon any such transfer or assignment:
(i1) the applicable Transferee Forward Transferee(s) shall execute a signature page joinder to this Agreement, substantially Agreement in the form of the Purchaser’s signature page attached hereto as Exhibit C (the “Joinder Agreement”), which shall shall, on the signature page to the Joinder Agreement, reflect the number of Forward Purchase Units Securities such Forward Transferee(s) shall have the right to be purchased by such Transferee purchase (the “Forward Transferee Securities”), and, upon such execution, such Transferee Forward Transferee(s) shall have all the same rights and obligations of the Purchaser hereunder with respect to the Forward Transferee Securities, and references herein to the “Purchaser” shall be deemed to refer to and include any such Transferee Forward Transferee(s) with respect to such Transferee Forward Transferee(s) and to its their Forward Transferee Securities; provided, that any representations, warranties, covenants and agreements of the Purchaser and any such Transferee Forward Transferee(s) shall be several and not joint and shall be made as to the Purchaser or any such TransfereeForward Transferee(s), as applicable, as to itself only; and;
(ii2) all of the rights and obligations of each Forward Transferee with respect to the Forward Purchase may not be transferred or assigned, at any time and from time to time and in whole or in part, except the rights and obligations of each Forward Transferee with respect to the Forward Purchase may be transferred or assigned, at any time and from time to time and in whole or in part to any affiliate of the Purchaser, subject to the same terms and procedures as a transfer or assignment from the Purchaser to the Forward Transferees;
(3) upon a Forward Transferee’s execution and delivery of a Joinder Agreement, the number of Forward Purchase Units Securities permitted to be purchased by the Purchaser in the Forward Purchase hereunder shall be reduced by the total number of Forward Purchase Units Securities permitted to be purchased by the applicable Forward Transferee pursuant to the applicable Joinder Agreement, which reduction shall be evidenced by the Purchaser and the Company amending Schedule A to this Agreement to reflect each transfer and updating the “Number of Forward Purchase Units” Securities”, and “Aggregate Purchase Price for Forward Purchase UnitsSecurities” on the Purchaser’s signature page hereto to reflect such reduced number of Forward Purchase Units, and the Purchaser shall be fully and unconditionally released from its obligation to purchase such Transferee Securities hereunderSecurities. For the avoidance of doubt, this Agreement need not be amended and restated in its entirety, but only Schedule A and the Purchaser’s signature page hereto need be so amended and updated and executed by each of the Purchaser and the Company upon the occurrence of any such transfer of Forward Transferee Securities.
Appears in 2 contracts
Samples: Forward Purchase Agreement (TPB Acquisition Corp I), Forward Purchase Agreement (TPB Acquisition Corp I)
Transfer. This Agreement Tenant shall not do any of the following (collectively referred to herein as a “Transfer”), whether voluntarily, involuntarily, by operation of law or otherwise without the prior written consent of Landlord, which consent shall not be unreasonably withheld: (i) sublet all or any part of the Premises or allow it to be sublet, occupied or used by any other person (the agents and servants of Tenant excepted) whether by sublease, license, concession, franchise, agency, or management agreement; (ii) assign its interest in this Lease; (iii) mortgage or encumber the Lease (or otherwise use the Lease as a security device) in any manner; or (iv) materially amend or modify an assignment, sublease or other transfer that has been previously approved by Landlord. Tenant shall reimburse Landlord for all reasonable costs and attorneys’ fees incurred by Landlord in connection with the evaluation, processing, and/or documentation of any requested Transfer, whether or not Landlord’s consent is granted. Landlord’s reasonable costs shall include the cost of any review or investigation performed by Landlord or consultant acting on Landlord’s behalf of (i) Hazardous Materials used, stored, released, or disposed of by the potential Subtenant or Assignee, and/or (ii) violations of Hazardous Materials Law by the Tenant or the proposed Subtenant or Assignee. Any Transfer so approved by Landlord shall not be effective until Tenant has delivered to Landlord an executed counterpart of the document evidencing the Transfer which (i) is in a form reasonably approved by Landlord, (ii) contains the same terms and conditions as stated in Tenant’s notice given to Landlord pursuant to Section 14.1B, and (iii) in the case of an assignment of the Lease, contains the agreement of the proposed transferee to assume all obligations of Tenant under this Lease arising after the effective date of such Transfer and to remain jointly and severally liable therefor with Tenant. Any attempted Transfer without Landlord’s consent shall constitute an Event of Tenant’s Default and shall be voidable at Landlord’s option. Landlord’s consent to any one Transfer shall not constitute a waiver of the provisions of this Section 14.1 as to any subsequent Transfer or a consent to any subsequent Transfer. No Transfer, even with the consent of Landlord, shall relieve Tenant of its personal and primary obligation to pay the rent and to perform all of the Purchaser’s rights and other obligations hereunder (including the Purchaser’s obligation to purchase the Forward Purchase Units) may be transferred or assigned, at any time and from time to time, in whole or in part, to one or more affiliates of the Purchaser (each such transferee, a “Transferee”). Upon any such assignment:
(i) the applicable Transferee shall execute a signature page to this Agreement, substantially in the form of the Purchaser’s signature page hereto (the “Joinder Agreement”), which shall reflect the number of Forward Purchase Units to be purchased performed by such Transferee (the “Transferee Securities”), and, upon such execution, such Transferee Tenant hereunder. The acceptance of rent by Landlord from any person shall have all the same rights and obligations of the Purchaser hereunder with respect to the Transferee Securities, and references herein to the “Purchaser” shall not be deemed to refer to and include be a waiver by Landlord of any such Transferee with respect to such Transferee and to its Transferee Securities; provided, that any representations, warranties, covenants and agreements provision of the Purchaser and any such Transferee shall be several and not joint and shall be made as to the Purchaser this Lease or any such Transferee, as applicable, as to itself only; and
(ii) upon a Transferee’s execution and delivery of a Joinder Agreement, the number of Forward Purchase Units to be purchased by the Purchaser hereunder shall be reduced by the total number of Forward Purchase Units a consent to be purchased by the applicable Transferee pursuant to the applicable Joinder Agreement, which reduction shall be evidenced by the Purchaser and the Company amending Schedule A to this Agreement to reflect each transfer and updating the “Number of Forward Purchase Units” and “Aggregate Purchase Price for Forward Purchase Units” on the Purchaser’s signature page hereto to reflect such reduced number of Forward Purchase Units, and the Purchaser shall be fully and unconditionally released from its obligation to purchase such Transferee Securities hereunder. For the avoidance of doubt, this Agreement need not be amended and restated in its entirety, but only Schedule A and the Purchaser’s signature page hereto need be so amended and updated and executed by each of the Purchaser and the Company upon the occurrence of any such transfer of Transferee SecuritiesTransfer.
Appears in 2 contracts
Samples: Lease Agreement (Miramar Labs, Inc.), Lease Agreement (Miramar Labs, Inc.)
Transfer. This Agreement and all of the Purchaser’s rights and obligations hereunder (including the Purchaser’s obligation to purchase the Forward Purchase Units) The Subscription Receipts may only be transferred on the register kept by the Subscription Receipt Agent at the principal office by a holder or assignedits legal representatives or its attorney duly appointed by an instrument in writing in form and execution satisfactory to the Subscription Receipt Agent only upon (i) in the case of Subscription Receipt Certificates, surrendering to the Subscription Receipt Agent at any time the principal office the Subscription Receipt Certificates representing the Subscription Receipts to be transferred together with a duly executed form of transfer (in the form attached to the Subscription Receipt Certificate as set out in Schedule "A" attached hereto); (ii) in the case of Uncertificated Subscription Receipts, surrendering to the Subscription Receipt Agent at the principal office instruction from the holder in form reasonably satisfactory to the Subscription Receipt Agent; (iii) in the case of CDS Subscription Receipts, compliance with Applicable Procedures prescribed by the Depository under the book entry registration system; and from time to time, in whole or in part, to one or more affiliates of the Purchaser (each such transferee, a “Transferee”). Upon any such assignmentiv) compliance with:
(ia) the applicable Transferee shall execute a signature page to this Agreement, substantially in conditions herein;
(b) such reasonable requirements as the form of the Purchaser’s signature page hereto (the “Joinder Agreement”), which shall reflect the number of Forward Purchase Units to be purchased by such Transferee (the “Transferee Securities”), and, upon such execution, such Transferee shall have all the same rights and obligations of the Purchaser hereunder with respect to the Transferee Securities, and references herein to the “Purchaser” shall be deemed to refer to and include any such Transferee with respect to such Transferee and to its Transferee Securities; provided, that any representations, warranties, covenants and agreements of the Purchaser and any such Transferee shall be several and not joint and shall be made as to the Purchaser or any such Transferee, as applicable, as to itself onlySubscription Receipt Agent may prescribe; and
(iic) upon a Transferee’s execution all applicable securities laws and delivery requirements of regulatory authorities; and such transfer shall be duly noted in such register by the Subscription Receipt Agent. Upon compliance with such requirements, the Subscription Receipt Agent shall issue to the transferee of a Joinder AgreementCertificated Subscription Receipt, a Subscription Receipt Certificate representing the number of Forward Purchase Units to be purchased by the Purchaser hereunder shall be reduced by the total number of Forward Purchase Units to be purchased by the applicable Transferee pursuant Subscription Receipts transferred, and to the applicable Joinder Agreementtransferee of an Uncertificated Subscription Receipt, which reduction an Uncertificated Subscription Receipt (or it shall be evidenced by Authenticate and deliver a Certificated Subscription Receipt instead, upon request) representing the Purchaser and the Company amending Schedule A to this Agreement to reflect each transfer and updating the “Number of Forward Purchase Units” and “Aggregate Purchase Price for Forward Purchase Units” on the Purchaser’s signature page hereto to reflect such reduced number of Forward Purchase UnitsSubscription Receipts transferred, and the Purchaser transferee of a CDS Subscription Receipt shall be fully recorded through the relevant Book Entry Participant in accordance with the book entry registration system as the entitlement holder in respect of such Subscription Receipts. Transfers within the systems of the Depository are not the responsibility of the Subscription Receipt Agent and unconditionally released from its obligation to purchase such Transferee Securities hereunder. For the avoidance of doubt, this Agreement need will not be amended and restated in its entiretynoted on the register maintained by the Subscription Receipt Agent. Notwithstanding any other provision of this Agreement, but only Schedule A and no duty or responsibility shall rest with the Purchaser’s signature page hereto need be so amended and updated and executed Subscription Receipt Agent to determine compliance by each the transferor or transferee of Subscription Receipts with the Purchaser and the Company upon the occurrence terms of any such transfer of Transferee Securitieslegend affixed (or deemed to be affixed) thereon, or with Applicable Legislation. The Subscription Receipt Agent shall be entitled to assume that all transfers are legal and proper.
Appears in 2 contracts
Samples: Subscription Receipt Agreement (Integra Resources Corp.), Subscription Receipt Agreement (Integra Resources Corp.)
Transfer. This Agreement Upon the terms and all of subject to the Purchaser’s rights conditions hereof:
(a) On the Settlement Date, the Transferor and obligations hereunder (including the Purchaser’s obligation Transferee hereby agree to purchase the Forward Purchase Units) may be transferred or assignedeffect each Transfer, at any time and from time to time, in whole or in part, to one or more affiliates of the Purchaser (each such transferee, a “Transferee”). Upon any such assignmentaccordingly:
(i) the applicable Transferee shall execute a signature page to this Agreement, substantially in the form of the Purchaser’s signature page hereto (the “Joinder Agreement”), which shall reflect the number of Forward Purchase Units to be purchased by such Transferee (the “Transferee Securities”), and, upon such execution, such Transferee shall have all the same rights and obligations of the Purchaser hereunder with respect to each Sold Collateral Loan, the Transferor hereby sells, transfers, assigns and conveys to the Transferee, and the Transferee Securitieshereby purchases from the Transferor, all of the Transferor’s right, title, benefit and references herein to the “Purchaser” shall be deemed to refer to interest in and include any such Transferee with respect to such Transferee Collateral Loan, including any rights to any payment or other periodic distributions accruing from and to its Transferee Securities; provided, that any representations, warranties, covenants and agreements of including the Purchaser and any such Transferee shall be several and not joint and shall be made Settlement Date) as to the Purchaser or any such Transferee, as applicable, as to itself onlyprovided in Section 1.02 (“Income Collections”); and
(ii) upon a Transferee’s execution and delivery of a Joinder Agreementwith respect to each Participated Collateral Loan, the number of Forward Purchase Units Transferor irrevocably grants to the Transferee, and the Transferee acquires from the Transferor, a 100% undivided participation interest in such Collateral Loan, which interest shall be understood to include all Income Collections and, to the extent permitted to be purchased by transferred under applicable law, all claims, causes of action and any other right of the Purchaser hereunder shall be reduced by Transferor (in its capacity as a lender under any credit documentation executed and delivered in connection with a Collateral Loan), whether known or unknown, against any obligor or any of its affiliates, agents, representatives, contractors, advisors or other Person arising under or in connection with such documentation or that is in any way based on or related to any of the total number of Forward Purchase Units to be purchased by foregoing or the applicable Transferee pursuant loan transactions governed thereby, including contract claims, tort claims, malpractice claims, statutory claims and all other claims at law or in equity related to the applicable Joinder Agreement, which reduction shall be evidenced by the Purchaser rights and the Company amending Schedule A obligations sold and purchased pursuant to this Agreement to reflect each transfer (each, a “Participation Interest” and updating collectively, the “Number Participation Interests”), in each case upon the terms and subject to the conditions set forth in this Agreement, and with effect on and after the Settlement Date the Transferee agrees to reimburse the Transferor for all amounts paid by the Transferor in respect of Forward Purchase Units” and “Aggregate each Participated Collateral Loan in accordance with the applicable Underlying Instruments (or, in the case of Section 2.04, perform its funding obligations thereunder with respect to each Participated Collateral Loan).
(b) The Transferee agrees that on the Settlement Date, the Transferee shall pay to the Transferor the Purchase Price for Forward Purchase Units” on each such Sold Collateral Loan or Participated Collateral Loan in the Purchaser’s signature page hereto to reflect such reduced number of Forward Purchase Units, and the Purchaser shall be fully and unconditionally released from its obligation to purchase such Transferee Securities hereunder. For the avoidance of doubt, this Agreement need not be amended and restated in its entirety, but only Schedule A and the Purchaser’s signature page hereto need be so amended and updated and executed by each lawful currency of the Purchaser and United States by wire transfer in immediately available funds to an account previously specified for such purpose by the Company upon the occurrence Transferor.
(c) The agreed Purchase Price of any such transfer of Transferee Securitieseach Collateral Loan is set forth on Annex A hereto.
Appears in 2 contracts
Samples: Master Participation and Assignment Agreement (CION Investment Corp), Master Participation and Assignment Agreement (CION Investment Corp)
Transfer. This Agreement The Warrants shall be transferable on the Warrant Register only upon delivery of this Warrant Certificate duly endorsed by the Holder or by his duly authorized attorney or representative, or accompanied by proper evidence of succession, assignment or authority to transfer. In all cases of transfer by an attorney, the original power of attorney, duly approved, or a copy thereof, duly certified, shall be deposited and all remain with the Company. In case of the Purchaser’s rights transfer by executors, administrators, guardians or other legal representatives, duly authenticated evidence of their authority shall be produced, and obligations hereunder (including the Purchaser’s obligation to purchase the Forward Purchase Units) a copy thereof may be transferred or assigned, at any time required to be deposited and from time to time, remain with the Company in whole or in part, to one or more affiliates of the Purchaser (each such transferee, a “Transferee”)its discretion. Upon any such assignment:
(i) registration of transfer, the applicable Company shall promptly execute and deliver a new Warrant Certificate or Warrant Certificates to the persons entitled thereto. Prior to transferring any Warrants, the Holder shall notify any prospective Transferee shall execute a signature page to this Agreement, substantially in the form of the Purchaser’s signature page hereto (the “Joinder Agreement”), which shall reflect the number of Forward Purchase Units to be purchased Warrants represented by this Warrant Certificate at the time of such Transferee (transfer as set forth in the “Transferee Securities”), and, upon such execution, such Transferee shall have all the same rights and obligations of the Purchaser hereunder with respect to the Transferee Securities, and references herein to the “Purchaser” shall be deemed to refer to and include any such Transferee with respect to such Transferee and to its Transferee Securities; provided, that any representations, warranties, covenants and agreements of the Purchaser and any such Transferee shall be several and not joint and shall be made as to the Purchaser or any such Transferee, as applicable, as to itself only; and
(ii) upon a TransfereeCompany’s execution and delivery of a Joinder Agreement, the number of Forward Purchase Units to be purchased by the Purchaser hereunder shall be reduced by the total number of Forward Purchase Units to be purchased by the applicable Transferee pursuant to the applicable Joinder Agreement, which reduction shall be evidenced by the Purchaser and the Company amending Schedule A to this Agreement to reflect each transfer and updating the “Number of Forward Purchase Units” and “Aggregate Purchase Price for Forward Purchase Units” on the Purchaser’s signature page hereto to reflect such reduced number of Forward Purchase Units, and the Purchaser shall be fully and unconditionally released from its obligation to purchase such Transferee Securities hereunderrecords. For the avoidance of doubt, this Agreement need not be amended and restated in its entirety, but only Schedule A and the Purchaser’s signature page hereto need be so amended and updated and executed by each no consent of the Company shall be required with respect to any transfer by the Holder to any Purchaser and (as such term is defined in the Company upon the occurrence of any such transfer of Transferee SecuritiesSecurities Purchase Agreement). NOTWITHSTANDING ANYTHING TO THE CONTRARY CONTAINED HEREIN, NO TRANSFER OF THIS WARRANT CERTIFICATE OR THE WARRANTS REPRESENTED HEREBY SHALL BE EFFECTIVE UNLESS THE HOLDER DELIVERS THIS WARRANT CERTIFICATE TO THE COMPANY AND THE COMPANY ISSUES A NEW CERTIFICATE IN THE NAME OF THE TRANSFEREE FOR THE NUMBER OF WARRANTS REMAINING TO BE EXERCISED AS SET FORTH IN THE RECORDS OF THE COMPANY OR SUCH LESSER AMOUNT OF WARRANTS BEING TRANSFERRED (IN WHICH CASE THE COMPANY SHALL ISSUE TO THE HOLDER A NEW WARRANT CERTIFICATE IN THE NAME OF THE HOLDER FOR THE NUMBER OF WARRANTS REMAINING TO BE EXERCISED AS SET FORTH IN THE RECORDS OF THE COMPANY MINUS THE AMOUNT OF WARRANTS BEING TRANSFERRED). ANY PURPORTED TRANSFER IN VIOLATION OF THE FOREGOING SHALL BE NULL AND VOID.
Appears in 2 contracts
Samples: Stock and Warrant Purchase Agreement (Biotime Inc), Stock and Warrant Purchase Agreement (Biotime Inc)
Transfer. This The parties hereto agree that each Bank (an “Existing Bank”) may transfer all or any part (which, in the case of a transfer of part only, shall be in an amount of its Commitments and Contributions which is in aggregate not less than ten million Dollars ($10,000,000) of its rights, benefits and obligations under this Agreement and all of the Purchaser’s rights and obligations hereunder other Facility Documents to another person (including the Purchaser’s obligation to purchase the Forward Purchase Units) may be transferred or assigned, at any time and from time to time, in whole or in part, to one or more affiliates of the Purchaser (each such transferee, a “Transferee”). Upon any such assignment:
(i) the applicable Transferee shall execute a signature page to this Agreementprovided that, substantially in the form case of (a) any transfer made when no Event of Default has occurred and is continuing, the Purchaser’s signature page hereto (the “Joinder Agreement”)Borrower has given its consent thereto, which shall reflect the number of Forward Purchase Units such consent not to be purchased by such Transferee (the “Transferee Securities”), unreasonably withheld or delayed and, upon such executionin any case, such Transferee shall have all the same rights and obligations of the Purchaser hereunder with respect to the Transferee Securities, and references herein to the “Purchaser” shall be deemed to refer have been given if the Bank Agent has not received notice from the Borrower that consent will not be given on or prior to and include any such Transferee with respect to such Transferee and to its Transferee Securities; provided, that any representations, warranties, covenants and agreements the date falling seven (7) Banking Days after the date the Borrower received notice of the Purchaser relevant proposed transfer; and (b) any partial transfer, the same proportion of the rights, benefits and obligations in relation to each Facility shall be transferred. Any such transfer shall be effected upon not less than five (5) Banking Days’ prior notice by delivery to the Bank Agent of a duly completed Transfer Certificate duly executed by the Existing Bank and the Transferee, together with the payment by the Existing Bank to the Bank Agent of a fee of two thousand Dollars ($2,000) in respect of the administrative costs incurred by the Bank Agent in connection with such transfer. Any Transferee shall be several a Professional Market Party. On the Effective Date (as specified and not joint defined in a Transfer Certificate so executed and delivered), to the extent that the Commitments and Contributions of the Existing Bank are expressed in a Transfer Certificate to be the subject of the transfer in favour of the Transferee effected pursuant to this clause 15.3, by virtue of the counter-signature of the Transfer Certificate by the Bank Agent (for itself and the other parties to this Agreement):
15.3.1 the existing parties to this Agreement and the Existing Bank shall be made as released from their respective obligations towards one another under this Agreement (“discharged obligations”) and their respective rights against one another under this Agreement (“discharged rights”) shall be cancelled;
15.3.2 the Transferee party to the Purchaser relevant Transfer Certificate and the existing parties to this Agreement (other than such Existing Bank) shall assume obligations towards each other which differ from the discharged obligations only insofar as they are owed to or any assumed by such Transferee, as applicable, as Transferee instead of to itself onlyor by such Existing Bank; and
(ii) upon a Transferee’s execution and delivery of a Joinder Agreement, 15.3.3 the number of Forward Purchase Units to be purchased by the Purchaser hereunder shall be reduced by the total number of Forward Purchase Units to be purchased by the applicable Transferee pursuant party to the applicable Joinder Agreement, which reduction shall be evidenced by the Purchaser relevant Transfer Certificate and the Company amending Schedule A existing parties to this Agreement to reflect (other than such Existing Bank) shall acquire rights against each transfer and updating other which differ from the “Number discharged rights only insofar as they are exercisable by or against such Transferee instead of Forward Purchase Units” and “Aggregate Purchase Price for Forward Purchase Units” on by or against such Existing Bank. The Bank Agent shall promptly notify the Purchaser’s signature page hereto to reflect such reduced number of Forward Purchase Units, other Banks and the Purchaser shall be fully and unconditionally released from its obligation to purchase such Transferee Securities hereunder. For the avoidance of doubt, this Agreement need not be amended and restated in its entirety, but only Schedule A and the Purchaser’s signature page hereto need be so amended and updated and executed by each Borrower of the Purchaser and the Company upon the occurrence receipt by it of any Transfer Certificate and shall promptly deliver a copy of such transfer of Transferee SecuritiesTransfer Certificate to the Borrower.
Appears in 2 contracts
Samples: Bank Loan Agreement, Bank Loan Agreement (QGOG Constellation S.A.)
Transfer. This Agreement and all of the Purchaser’s rights and obligations hereunder A Limited Partner may transfer, assign, pledge or encumber its partnership interest (including the Purchaser’s obligation to purchase the Forward Purchase Unitsor any portion thereof) may be transferred or assigned, at any time and from time to time, in whole or in part, to one or more affiliates of the Purchaser (each only as provided herein. No such transferee, assignee, pledge, or secured creditor shall become a “Transferee”)substituted Limited Partner unless the General Partner first consents to such substitution in writing, which consent shall be granted or denied in the sole discretion of the General Partner. Upon Any transfer, assignment, pledge or encumbrance of interests permitted hereunder shall be effective as of the end of the month in which such transfer, assignment, pledge or encumbrance is made, provided that the Partnership need not recognize any such transfer, assignment:
, pledge, or encumbrance unless it has received at least 20 days’ prior written notice thereof from the Limited Partner, which notice shall set forth the address and social security or taxpayer identification number of the transferee, assignee, pledgee, or secured creditor and the portion of the limited partnership interest transferred, assigned, pledged or encumbered. Such notice shall be signed by the Limited Partner and notarized. No transfer, assignment, pledge or encumbrance shall be permitted unless the General Partner is satisfied that (i) the applicable Transferee shall execute a signature page to this Agreementsuch transfer, substantially assignment, pledge or encumbrance would not be in the form violation of the Purchaser’s signature page hereto (the “Joinder Agreement”)Act or applicable securities laws, which shall reflect the number of Forward Purchase Units to be purchased by such Transferee (the “Transferee Securities”), and, upon such execution, such Transferee shall have all the same rights and obligations of the Purchaser hereunder with respect to the Transferee Securities, and references herein to the “Purchaser” shall be deemed to refer to and include any such Transferee with respect to such Transferee and to its Transferee Securities; provided, that any representations, warranties, covenants and agreements of the Purchaser and any such Transferee shall be several and not joint and shall be made as to the Purchaser or any such Transferee, as applicable, as to itself only; and
(ii) upon the Partnership shall continue to be classified as a Transferee’s execution partnership rather than as an association taxable as a corporation for federal tax purposes, and delivery (iii) it has received all documentation it may reasonably request. Any transferee, assignee, pledgee, or secured creditor of interests who has not been admitted to the Partnership as a substituted Limited Partner shall not have any of the rights of a Joinder AgreementLimited Partner, except that such person shall receive that share of capital and profits and shall have the number right of Forward Purchase Units redemption to be purchased by which his transferor, assignor, pledgor, or debtor would otherwise have been entitled and shall remain subject to the Purchaser hereunder other terms of this Agreement binding upon Limited Partners. The Limited Partner shall bear all costs (including any attorneys’ fees) related to such transfer, assignment, pledge, or encumbrance of his interest (or portion thereof). No transfer, assignment, pledge or encumbrance shall be reduced by permitted of any interest (or portion thereof) which has a fair market value that is less than the lesser of $10,000 or the total number interest of Forward Purchase Units to be purchased by such Limited Partner in the applicable Transferee pursuant to the applicable Joinder Agreement, which reduction shall be evidenced by the Purchaser and the Company amending Schedule A to this Agreement to reflect each transfer and updating the “Number of Forward Purchase Units” and “Aggregate Purchase Price for Forward Purchase Units” on the Purchaser’s signature page hereto to reflect such reduced number of Forward Purchase Units, and the Purchaser shall be fully and unconditionally released from its obligation to purchase such Transferee Securities hereunder. For the avoidance of doubt, this Agreement need not be amended and restated in its entirety, but only Schedule A and the Purchaser’s signature page hereto need be so amended and updated and executed by each of the Purchaser and the Company upon the occurrence of any such transfer of Transferee SecuritiesPartnership.
Appears in 2 contracts
Samples: Limited Partnership Agreement (Bridgeton Global Directional Fund, Lp), Limited Partnership Agreement (Bridgeton Global Directional Fund, Lp)
Transfer. This Agreement and all of the Purchaser’s rights and obligations hereunder (including the Purchaser’s obligation to purchase the Forward Purchase Units) Debenture may be transferred or assigned, at any time and from time to time, in whole or in part, to one or more affiliates on the books of the Purchaser (each such transfereeBorrower by the registered Holder hereof, a “Transferee”). Upon any such assignment:
or by Holdxx'x xttorney duly authorized in writing, only upon (i) delivery to the applicable Transferee Borrower of a duly executed assignment of the Debenture, or part thereof, to the proposed new Holder, along with a current notation of the amount of payments received and net Principal Amount yet unfunded, and presentment of such Debenture to the Borrower for issue of a replacement Debenture, or Debentures, in the name of the new Holder, (ii) the designation by the new Holder of the Lender's agent for notice, such agent to be the sole party to whom Borrower shall execute a signature page be required to this provide notice when notice to Lender is required hereunder and who shall be the sole party authorized to represent Lender in regard to modification or waivers under the Debenture, the Loan Agreement, substantially in the form or other Loan Documents; and any action, consent or waiver, (other than a compromise of the Purchaser’s signature page hereto (the “Joinder Agreement”principal and interest), which shall reflect the number of Forward Purchase Units to be purchased when given or taken by such Transferee (the “Transferee Securities”)Lendxx'x xgent for notice, and, upon such execution, such Transferee shall have all the same rights and obligations of the Purchaser hereunder with respect to the Transferee Securities, and references herein to the “Purchaser” shall be deemed to refer to and include any such Transferee with respect to such Transferee and to its Transferee Securities; provided, that any representations, warranties, covenants and agreements be the action of the Purchaser holders of a majority in amount of the Principal Amount of the Debentures, as such holders are recorded on the books of the Borrower, and any (iii) in compliance with the legend to read "The Securities represented by this Debenture have not been registered under the Securities Act of 1933, as amended ("Act"), or applicable state securities laws ("State Acts") and shall not be sold, hypothecated, donated or otherwise transferred unless the Company shall have received an opinion of Legal Counsel for the Company, or such Transferee other evidence as may be satisfactory to Legal Counsel for the Company, to the effect that such transfer shall not require registration under the Act and the State Acts. The Borrower shall be several entitled to treat any holder of record of the Debentures as the Holder in fact thereof and not joint of the Debenture and shall not be made bound to recognize any equitable or other claim to or interest in this Debenture in the name of any other person, whether or not it shall have express or other notice thereof, save as to the Purchaser or any such Transferee, as applicable, as to itself only; and
(ii) upon a Transferee’s execution and delivery of a Joinder Agreement, the number of Forward Purchase Units to be purchased expressly provided by the Purchaser hereunder shall be reduced by the total number laws of Forward Purchase Units to be purchased by the applicable Transferee pursuant to the applicable Joinder Agreement, which reduction shall be evidenced by the Purchaser and the Company amending Schedule A to this Agreement to reflect each transfer and updating the “Number of Forward Purchase Units” and “Aggregate Purchase Price for Forward Purchase Units” on the Purchaser’s signature page hereto to reflect such reduced number of Forward Purchase Units, and the Purchaser shall be fully and unconditionally released from its obligation to purchase such Transferee Securities hereunder. For the avoidance of doubt, this Agreement need not be amended and restated in its entirety, but only Schedule A and the Purchaser’s signature page hereto need be so amended and updated and executed by each of the Purchaser and the Company upon the occurrence of any such transfer of Transferee SecuritiesTexas.
Appears in 2 contracts
Samples: Convertible Debenture (Integrated Security Systems Inc), Convertible Debenture (Integrated Security Systems Inc)
Transfer. This Agreement (a) Subject to compliance with the conditions set forth herein, this Warrant and all of the Purchaser’s rights and obligations hereunder are (including the Purchaser’s obligation to purchase the Forward Purchase Unitsi) may be transferred or assigned, at any time and from time to timeassignable, in whole or in part, to one or more affiliates any successor of the Purchaser Holder as a result of a merger or to any Affiliate of the Holder, and (each such transfereeii) transferable, a “Transferee”). Upon any such assignment:in whole or in part, provided this Warrant has vested in accordance with Section 1.
(ib) The Holder agrees to give written notice to the applicable Transferee Company before assigning or transferring this Warrant or transferring any Warrant Shares of such Xxxxxx’s intention to do so, describing briefly the manner of any proposed assignment or transfer. If the proposed assignment or transfer may be effected without registration or qualification (under any federal or state securities laws), the Holder shall execute a signature page be entitled to assign or transfer this AgreementWarrant or to dispose of Warrant Shares received upon the previous exercise of this Warrant, substantially all in accordance with the form terms of the Purchaser’s signature page hereto (notice delivered by the “Joinder Agreement”), which shall reflect the number of Forward Purchase Units to be purchased by such Transferee (the “Transferee Securities”), and, upon such execution, such Transferee shall have all the same rights and obligations of the Purchaser hereunder with respect Holder to the Transferee Securities, and references herein to the “Purchaser” shall be deemed to refer to and include any such Transferee with respect to such Transferee and to its Transferee SecuritiesCompany; provided, however, that any an appropriate legend may be endorsed on this Warrant or the book-entry record of ownership for such Warrant Shares respecting restrictions upon assignment or transfer thereof necessary or advisable to prevent further transfers which would be in violation of Section 5 of the Securities Act and applicable state securities laws; and provided further that the permitted assignee or transferee or prospective purchaser shall execute the Assignment of Warrant attached hereto as Exhibit C and such other documents and make such representations, warranties, covenants and agreements as may be required solely to comply with the exemptions relied upon by the Holder for the assignment, transfer, or disposition of the Purchaser and any Warrant or Warrant Shares.
(c) If the proposed assignment, transfer, or disposition of this Warrant or such Transferee Warrant Shares described in the written notice given pursuant to this Section 9 may not be effected without registration or qualification of this Warrant or such Warrant Shares, the Holder will limit its activities in respect to such assignment, transfer, or disposition as are permitted by law.
(d) Any permitted assignee or transferee of all or a portion of this Warrant shall be several and not joint and shall be made as succeed to the Purchaser or any such Transferee, as applicable, as to itself only; and
(ii) upon a Transferee’s execution rights and delivery of a Joinder Agreement, the number of Forward Purchase Units to be purchased by the Purchaser hereunder shall be reduced by the total number of Forward Purchase Units to be purchased by the applicable Transferee pursuant to the applicable Joinder Agreement, which reduction shall be evidenced by the Purchaser and the Company amending Schedule A to this Agreement to reflect each transfer and updating the “Number of Forward Purchase Units” and “Aggregate Purchase Price for Forward Purchase Units” on the Purchaser’s signature page hereto to reflect such reduced number of Forward Purchase Units, and the Purchaser shall be fully and unconditionally released from its obligation to purchase such Transferee Securities hereunder. For the avoidance of doubt, this Agreement need not be amended and restated in its entirety, but only Schedule A and the Purchaser’s signature page hereto need be so amended and updated and executed by each benefits of the Purchaser and initial Holder of this Warrant under this Warrant, subject, however, to any limitations set forth in the Company upon the occurrence of any such transfer of Transferee SecuritiesPurchase Agreement.
Appears in 2 contracts
Samples: Common Stock Purchase Warrant (Nuo Therapeutics, Inc.), Common Stock Purchase Warrant (Nuo Therapeutics, Inc.)
Transfer. This Agreement and all of the Purchaser’s Purchasers’ rights and obligations hereunder (including the Purchaser’s Purchasers’ obligation to purchase the Forward Purchase UnitsSecurities) may be transferred or assigned, at any time and from time to time, in whole or in part, to one or more affiliates of the Purchaser third parties (each such transferee, a “Transferee”). Upon any such assignment:
(i) the applicable Transferee shall execute a signature page to this Agreement, substantially in the form of the Purchaser’s Purchasers’ signature page hereto (the “Joinder Agreement”), which shall reflect the number of Forward Purchase Units Shares and Forward Purchase Warrants to be purchased by such Transferee (the “Transferee Securities”), and, upon such execution, such Transferee shall have all the same rights and obligations of the Purchaser Purchasers hereunder with respect to the Transferee Securities, and references herein to the “PurchaserPurchasers” shall be deemed to refer to and include any such Transferee with respect to such Transferee and to its Transferee Securities; provided, that any representations, warranties, covenants and agreements of the Purchaser Purchasers and any such Transferee shall be several and not joint and shall be made as to the Purchaser Purchasers or any such Transferee, as applicable, as to itself only; and
(ii) upon a Transferee’s execution and delivery of a Joinder Agreement, the number of Forward Purchase Units Shares and Forward Purchase Warrants to be purchased by the Purchaser Purchasers hereunder shall be reduced by the total number of Forward Purchase Units Shares and Forward Purchase Warrants to be purchased by the applicable Transferee pursuant to the applicable Joinder Agreement, which reduction shall be evidenced by the Purchaser Purchasers and the Company amending Schedule A to this Agreement to reflect each transfer and updating the “Number of Forward Purchase Units” Shares”, “Number of Forward Purchase Warrants”, and “Aggregate Purchase Price for Forward Purchase UnitsSecurities” on the Purchaser’s Purchasers’ signature page hereto to reflect such reduced number of Forward Purchase UnitsSecurities, and the Purchaser Purchasers shall be fully and unconditionally released from its their obligation to purchase such Transferee Securities hereunder. For the avoidance of doubt, this Agreement need not be amended and restated in its entirety, but only Schedule A and the Purchaser’s Purchasers’ signature page hereto need be so amended and updated and executed by each of the Purchaser Purchasers and the Company upon the occurrence of any such transfer of Transferee Securities.
Appears in 2 contracts
Samples: Forward Purchase Agreement (Lux Health Tech Acquisition Corp.), Forward Purchase Agreement (Lux Health Tech Acquisition Corp.)
Transfer. This Agreement and all of the Purchaser’s Purchasers’ rights and obligations hereunder (including the each Purchaser’s obligation to purchase the Forward Purchase UnitsShares) may be transferred or assigned, at any time and from time to time, in whole or in part, to one or more affiliates of the Purchaser or third parties (each such transferee, a “Transferee”), subject to prior written consent of the Company. Notwithstanding the foregoing, any Purchaser transferring its rights and obligations hereunder shall remain bound by the obligations set forth in Section 5(b) and Section 5(c) following any such transfer. Upon any such assignment:
(i) the applicable Transferee shall execute a signature page to this Agreement, substantially in the form of the Purchaser’s signature page Schedule B hereto (the “Joinder AgreementTransferee Joinder”), which shall reflect the number of Forward Purchase Units Shares to be purchased by such Transferee (the “Transferee Securities”), and, upon such execution, such Transferee shall have all the same rights and obligations of the Purchaser Purchasers hereunder with respect to the Transferee Securities, including the right to receive the applicable number of Forward Purchase Warrants, if any, and references herein to the “PurchaserPurchasers” shall be deemed to refer to and include any such Transferee with respect to such Transferee and to its Transferee Securities; provided, that any representations, warranties, covenants and agreements of the each Purchaser and any such Transferee shall be several and not joint and shall be made as to the each Purchaser or any such Transferee, as applicable, as to itself only; and
(ii) upon a Transferee’s execution and delivery of a Joinder AgreementTransferee Joinder, the number of Forward Purchase Units Shares to be purchased by the transferring Purchaser hereunder shall be reduced by the total number of Forward Purchase Units Shares to be purchased by the applicable Transferee pursuant to the applicable Joinder AgreementTransferee Joinder, which reduction shall be evidenced by the such Purchaser and the Company amending Schedule A C to this Agreement to reflect each transfer and updating the “Number of Forward Purchase UnitsShares” and “Aggregate Purchase Price for Forward Purchase UnitsShares” on the such Purchaser’s signature page hereto to reflect such reduced number of Forward Purchase UnitsShares, and the such transferring Purchaser shall be fully and unconditionally released from its obligation to purchase such Transferee Securities hereunderhereunder and shall lose its rights to receive the corresponding number of Forward Purchase Warrants. For the avoidance of doubt, this Agreement need not be amended and restated in its entirety, but only Schedule A C and the such Purchaser’s signature page hereto need be so amended and updated and executed by each of the such Purchaser and the Company upon the occurrence of any such transfer of Transferee Securities.
Appears in 2 contracts
Samples: Forward Purchase Agreement (Starboard Value Acquisition Corp.), Forward Purchase Agreement (Starboard Value Acquisition Corp.)
Transfer. This Agreement and all Subject to Section 12.08 of the Purchaser’s rights and obligations hereunder (including the Purchaser’s obligation to purchase the Forward Purchase Units) Loan Agreement, this --------- Debenture may be transferred on the books of the Borrower by the registered Holder hereof, or assigned, at any time and from time to timeby Holder's attorney duly authorized in writing, in whole or in part, to one or more affiliates multiples of the Purchaser (each such transferee, a “Transferee”). Upon any such assignment:
$100,000 only upon (i) delivery to the applicable Transferee Borrower of a duly executed assignment of the Debenture, or part thereof, to the proposed new Holder, along with a current notation of the amount of payments received and net Principal Amount yet unfunded, and presentment of such Debenture to the Borrower for issue of a replacement Debenture, or Debentures, in the name of the new Holder, (ii) the designation by the new Holder of the Lender's agent for notice, such agent to be the sole party to whom Borrower shall execute a signature page be required to this provide notice when notice to Lender is required hereunder and who shall be the sole party authorized to represent Lender in regard to modification or waivers under the Debenture, the Loan Agreement, substantially in the form or other Loan Documents; and any action, consent or waiver, (other than a compromise of the Purchaser’s signature page hereto (the “Joinder Agreement”principal and interest), which shall reflect the number of Forward Purchase Units to be purchased when given or taken by such Transferee (the “Transferee Securities”)Lender's agent for notice, and, upon such execution, such Transferee shall have all the same rights and obligations of the Purchaser hereunder with respect to the Transferee Securities, and references herein to the “Purchaser” shall be deemed to refer to and include any such Transferee with respect to such Transferee and to its Transferee Securities; provided, that any representations, warranties, covenants and agreements be the action of the Purchaser holders of a majority in amount of the Principal Amount of the Debenture, as such holders are recorded on the books of the Borrower, and any such Transferee shall be several and (iii) in compliance with the legend to read as follows: "The Securities represented by this Debenture have not joint been registered under the Securities Act of 1933, as amended ("Act"), or applicable state securities laws ("State Acts") and shall not be made sold, ________________________________________________________________________________ Page 6 ________________________________________________________________________________ Issuers Initial ________________________________________________________________________________ hypothecated, donated or otherwise transferred unless the Company shall have received an opinion of Legal Counsel for the Company, or such other evidence as may be satisfactory to Legal Counsel for the Company, to the Purchaser or any such Transferee, as applicable, as to itself only; and
(ii) upon a Transferee’s execution and delivery of a Joinder Agreement, the number of Forward Purchase Units to be purchased by the Purchaser hereunder shall be reduced by the total number of Forward Purchase Units to be purchased by the applicable Transferee pursuant to the applicable Joinder Agreement, which reduction shall be evidenced by the Purchaser and the Company amending Schedule A to this Agreement to reflect each transfer and updating the “Number of Forward Purchase Units” and “Aggregate Purchase Price for Forward Purchase Units” on the Purchaser’s signature page hereto to reflect such reduced number of Forward Purchase Units, and the Purchaser shall be fully and unconditionally released from its obligation to purchase such Transferee Securities hereunder. For the avoidance of doubt, this Agreement need not be amended and restated in its entirety, but only Schedule A and the Purchaser’s signature page hereto need be so amended and updated and executed by each of the Purchaser and the Company upon the occurrence of effect that any such transfer shall not require registration under the Act and the State Acts." The Company shall be entitled to treat any holder of Transferee Securitiesrecord of the Debenture as the Holder in fact thereof and of the Debenture and shall not be bound to recognize any equitable or other claim to or interest in this Debenture in the name of any other person, whether or not it shall have express or other notice thereof, except as otherwise provided by applicable law.
Appears in 2 contracts
Samples: Convertible Debenture (La Man Corporation), Convertible Debenture (La Man Corporation)
Transfer. This Agreement and all of the Purchaser’s rights and obligations hereunder (including the Purchaser’s obligation to purchase the Forward Purchase UnitsSecurities) may be transferred or assigned, at any time and from time to time, in whole or in part, to one or more affiliates of the Purchaser (each such transferee, a “Transferee”). Upon any such transfer or assignment:
(i) the applicable Transferee shall execute a signature page to this Agreement, substantially in the form of the Purchaser’s signature page hereto (the “Joinder Agreement”), which shall reflect the number of Forward Purchase Units to be purchased by such Transferee (the “Transferee Securities”), and, upon such execution, such Transferee shall have all the same rights and obligations of the Purchaser hereunder with respect to the Transferee Securities, and references herein to the “Purchaser” shall be deemed to refer to and include any such Transferee with respect to such Transferee and to its Transferee Securities; provided, that any representations, warranties, covenants and agreements of the Purchaser and any such Transferee shall be several and not joint and shall be made as to the Purchaser or any such Transferee, as applicable, as to itself only; and
(ii) upon a Transferee’s execution and delivery of a Joinder Agreement, the number of Forward Purchase Units to be purchased by the Purchaser hereunder shall be reduced by the total number of Forward Purchase Units to be purchased by the applicable Transferee pursuant to the applicable Joinder Agreement, which reduction shall be evidenced by the Purchaser and the Company amending Schedule A to this Agreement to reflect each transfer and updating the “Number of Forward Purchase Units” and “Aggregate Purchase Price for Forward Purchase Units” on the Purchaser’s signature page hereto to reflect such reduced number of Forward Purchase Units, and the Purchaser shall be fully and unconditionally released from its obligation to purchase such Transferee Securities hereunder. For the avoidance of doubt, this Agreement need not be amended and restated in its entirety, but only Schedule A and the Purchaser’s signature page hereto need be so amended and updated and executed by each of the Purchaser and the Company upon the occurrence of any such transfer of Transferee Securities.
Appears in 2 contracts
Samples: Forward Purchase Agreement (Blue Whale Acquisition Corp I), Forward Purchase Agreement (Blue Whale Acquisition Corp I)
Transfer. This Agreement The Warrants and the Warrant Stock shall be freely transferable, subject to compliance with this Section 3.1 and all applicable laws, including, but not limited to the Securities Act. If, at the time of the Purchaser’s rights and obligations hereunder surrender of this Warrant in connection with any transfer of this Warrant or the resale of the Warrant Stock, this Warrant or the Warrant Stock, as applicable, shall not be registered for resale under the Securities Act, the Company may require, as a condition of allowing such transfer (including i) that the Purchaser’s obligation Holder or transferee of this Warrant or the Warrant Stock as the case may be, at the cost of Holder or transferee, furnish to purchase the Forward Purchase Units) Company a written opinion of counsel that is reasonably acceptable to the Company to the effect that such transfer may be transferred made without registration under the Securities Act and any applicable state law, (ii) that the Holder or assigned, at any time transferee execute and from time deliver to timethe Company an investment representation letter in form and substance acceptable to the Company and substantially in the form attached as Exhibit C hereto and (iii) that the transferee be an "accredited investor" as defined in Rule 501 (a) promulgated under the Securities Act. Transfer of this Warrant and all rights hereunder, in whole or in part, to one or more affiliates in accordance with the foregoing provisions, shall be registered on the books of the Purchaser (each Company to be maintained for such transfereepurpose, upon surrender of this Warrant at the principal office of the Company referred to in Section 2.1 or the office or agency designated by the Company as provided herein, together with a “Transferee”). Upon any such assignment:
(i) the applicable Transferee shall execute a signature page to written assignment of this Agreement, Warrant substantially in the form of Exhibit B hereto duly executed by the Purchaser’s signature page hereto (Holder or its agent or attorney and funds sufficient to pay any transfer taxes payable upon the “Joinder Agreement”), which shall reflect the number making of Forward Purchase Units to be purchased by such Transferee (the “Transferee Securities”), transfer. Upon such surrender and, upon such executionif required, such Transferee payment, the Company shall have all execute and deliver a new Warrant or Warrants in the same rights and obligations name of the Purchaser hereunder with respect assignee or assignees and in the denomination specified in such instrument of assignment, and shall issue to the Transferee Securitiesassignor a new Warrant evidencing the portion of this Warrant not so assigned, and references herein to this Warrant shall promptly be cancelled. Following a transfer that complies with the “Purchaser” shall requirements of this Section 3.1, the Warrant may be deemed to refer to and include any such Transferee with respect to such Transferee and to its Transferee Securities; provided, that any representations, warranties, covenants and agreements exercised by a new Holder for the purchase of shares of Common Stock regardless of whether the Company issued or registered a new Warrant on the books of the Purchaser and Company. In connection with any such Transferee shall be several and not joint and shall be made as transfer of this Warrant or the resale of the Warrant Stock pursuant to the Purchaser Rule 144 or any such Transferee, as applicable, as other than pursuant to itself only; and
(ii) upon a Transferee’s execution and delivery of a Joinder Agreementan effective registration statement, the number of Forward Purchase Units to be purchased by the Purchaser hereunder Holder or transferee shall be reduced by the total number of Forward Purchase Units to be purchased by the applicable Transferee pursuant to the applicable Joinder Agreement, which reduction shall be evidenced by the Purchaser and compensate the Company amending Schedule A to this Agreement to reflect each transfer and updating the “Number of Forward Purchase Units” and “Aggregate Purchase Price for Forward Purchase Units” on the Purchaser’s signature page hereto to reflect such reduced number of Forward Purchase Units, and the Purchaser shall be fully and unconditionally released from its obligation to purchase such Transferee Securities hereunder. For the avoidance of doubt, this Agreement need not be amended and restated reasonable expenses incurred in its entirety, but only Schedule A and the Purchaser’s signature page hereto need be so amended and updated and executed by each of the Purchaser and the Company upon the occurrence of any connection with effectuating such transfer of Transferee Securitiesor resale.
Appears in 2 contracts
Samples: Warrant Agreement (Arcadia Resources, Inc), Warrant Agreement (Arcadia Resources, Inc)
Transfer. This Agreement and all of Buyer shall have the Purchaser’s right to assign its rights and delegate its obligations hereunder (including the Purchaser’s obligation to purchase the Forward Purchase Units) may be transferred or assigned, at any time and from time to time, in whole or in part, to one or more affiliates of the Purchaser (each such transferee, a “Transferee”). Upon any such assignment:
(i) the applicable Transferee shall execute a signature page to this Agreement, substantially in the form of the Purchaser’s signature page hereto (the “Joinder Agreement”), which shall reflect the number of Forward Purchase Units to be purchased by such Transferee (the “Transferee Securities”), and, upon such execution, such Transferee shall have all the same rights and obligations of the Purchaser hereunder with respect to the Transferee Securitiesany portion of this Transaction, subject to Seller’s consent, such consent not to be unreasonably withheld; provided that such assignment or transfer shall be subject to receipt by Seller of opinions and references herein documents reasonably satisfactory to Seller and effected on terms reasonably satisfactory to the “Purchaser” shall be deemed to refer to and include any such Transferee Seller with respect to such Transferee any legal and to its Transferee Securities; provided, that any representations, warranties, covenants and agreements of the Purchaser and any such Transferee shall be several and not joint and shall be made as regulatory requirements relevant to the Purchaser or any such Transferee, as applicable, as to itself onlySeller; and
(ii) upon a Transferee’s execution and delivery of a Joinder Agreement, the number of Forward Purchase Units to provided further that Buyer shall not be purchased by the Purchaser hereunder shall be reduced by the total number of Forward Purchase Units to be purchased by the applicable Transferee pursuant to the applicable Joinder Agreement, which reduction shall be evidenced by the Purchaser and the Company amending Schedule A to this Agreement to reflect each transfer and updating the “Number of Forward Purchase Units” and “Aggregate Purchase Price for Forward Purchase Units” on the Purchaser’s signature page hereto to reflect such reduced number of Forward Purchase Units, and the Purchaser shall be fully and unconditionally released from its obligation to purchase deliver any Exercise Notice or its obligations pursuant to “Disposition of Hedge Shares”, “Repurchase Notices” or “Conversion Rate Adjustment Notices” above. Seller may transfer any of its rights or delegate its obligations under this Transaction with the prior written consent of Buyer, such Transferee Securities hereunderconsent not to be unreasonably withheld. For In addition, if, as determined in Seller’s sole discretion, its “beneficial ownership” (within the avoidance meaning of doubt, this Agreement need not be amended and restated in its entirety, but only Schedule A and the Purchaser’s signature page hereto need be so amended and updated and executed by each Section 13 of the Purchaser Exchange Act and rules promulgated thereunder) could be deemed to exceed 8% of Counterparty’s outstanding Shares, Seller may, without Counterparty’s consent, transfer or assign all or any part of its rights or obligations under this Transaction to reduce such “beneficial ownership” to 7.5% to any third party with a rating for its (or, if applicable, its Credit Support Provider’s) long term, unsecured and unsubordinated indebtedness of AA or better by Standard & Poor’s Ratings Service or its successor (“S&P”), or Aa3 or better by Xxxxx’x Investors Service (“Moody’s”) or, if either S&P or Moody’s ceases to rate such debt, at least an equivalent rating or better by a substitute rating agency mutually agreed by Company and Seller. If after Seller’s commercially reasonable efforts, Seller is unable to effect such a transfer or assignment on pricing terms reasonably acceptable to Seller and within a time period reasonably acceptable to Seller of a sufficient number of Options to reduce Seller’s “beneficial ownership” (within the Company upon meaning of Section 13 of the occurrence Exchange Act and rules promulgated thereunder) to 7.5% of Counterparty’s outstanding Shares or less, Seller may designate any Exchange Business Day as an Early Termination Date with respect to a portion (the “Terminated Portion”) of this Transaction, such transfer that its “beneficial ownership” following such partial termination will be equal to or less than 7.5%. In the event that Seller so designates an Early Termination Date with respect to a portion of Transferee Securitiesthis Transaction, a payment shall be made pursuant to Section 6 of the Agreement as if (i) an Early Termination Date had been designated in respect of a Transaction having terms identical to this Transaction and a Number of Options equal to the Terminated Portion, (ii) Counterparty shall be the sole Affected Party with respect to such partial termination and (iii) such Transaction shall be the only Terminated Transaction.
Appears in 2 contracts
Samples: Confirmation of Otc Convertible Note Hedge (Aar Corp), Confirmation of Otc Convertible Note Hedge (Aar Corp)
Transfer. This Agreement and all of the Purchaser’s rights and obligations hereunder (including the Purchaser’s obligation to purchase the Forward Purchase UnitsSecurities) may be transferred or assigned, at any time and from time to time, in whole or in part, to one or more affiliates of the Purchaser Purchaser, but not to other third parties (each such transferee, a “Transferee”). Upon any such assignment:
(i) the applicable Transferee shall execute a signature page to this Agreement, substantially in the form of the Purchaser’s signature page hereto (the “Joinder Agreement”), which shall reflect the maximum number of Forward Purchase Units Securities to be purchased by such Transferee (the “Transferee Securities”), and, upon such execution, such Transferee shall have all the same rights and obligations of the Purchaser hereunder with respect to the Transferee Securities, and references herein to the “Purchaser” shall be deemed to refer to and include any such Transferee with respect to such Transferee and to its Transferee Securities; provided, that any representations, warranties, covenants and agreements of the Purchaser and any such Transferee shall be several and not joint and shall be made as to the Purchaser or any such Transferee, as applicable, as to itself only; and
(ii) upon a Transferee’s execution and delivery of a Joinder Agreement, the maximum number of Forward Purchase Units Securities to be purchased by the Purchaser hereunder shall be reduced by the total maximum number of Forward Purchase Units Securities to be purchased by the applicable Transferee pursuant to the applicable Joinder Agreement, which reduction shall be evidenced by the Purchaser and the Company amending Schedule A to this Agreement to reflect each transfer and updating the “Maximum Number of Forward Purchase UnitsSecurities” and “Aggregate Purchase Price for Forward Purchase UnitsSecurities” on the Purchaser’s signature page hereto to reflect such reduced number of Forward Purchase UnitsSecurities, and each of the Purchaser Transferee’s and the Purchaser’s purchase obligations shall be fully and unconditionally released from its obligation subject to purchase such Transferee Securities hereunderallocation pursuant to Section 1(a)(i) herein. For the avoidance of doubt, this Agreement need not be amended and restated in its entirety, but only Schedule A and the Purchaser’s signature page hereto need be so amended and updated and executed by each of the Purchaser and the Company upon the occurrence of any such transfer of Transferee Securities.
Appears in 2 contracts
Samples: Forward Purchase Agreement (Dragoneer Growth Opportunities Corp. III), Forward Purchase Agreement (Dragoneer Growth Opportunities Corp. II)
Transfer. This Agreement and all of the Purchaser’s rights and obligations hereunder (including the Purchaser’s obligation to purchase the Forward Purchase Units) may be transferred or assigned, at any time and from time to time, in whole or in part, to one or more affiliates of the Purchaser and to one or more of the Company’s officers or directors with respect to up to 250,000 of the Forward Purchase Units (each such transferee, a “Transferee”). Upon any such assignment:
(i) the applicable Transferee shall execute a signature page to this Agreement, substantially in the form of the Purchaser’s signature page hereto (the “Joinder Agreement”), which shall reflect the number of Forward Purchase Units to be purchased by such Transferee (the “Transferee Securities”), and, upon such execution, such Transferee shall have all the same rights and obligations of the Purchaser hereunder with respect to the Transferee Securities, and references herein to the “Purchaser” shall be deemed to refer to and include any such Transferee with respect to such Transferee and to its Transferee Securities; provided, that any representations, warranties, covenants and agreements of the Purchaser and any such Transferee shall be several and not joint and shall be made as to the Purchaser or any such Transferee, as applicable, as to itself only; and
(ii) upon a Transferee’s execution and delivery of a Joinder Agreement, the number of Forward Purchase Units to be purchased by the Purchaser hereunder shall be reduced by the total number of Forward Purchase Units to be purchased by the applicable Transferee pursuant to the applicable Joinder Agreement, which reduction shall be evidenced by the Purchaser and the Company amending Schedule A to this Agreement to reflect each transfer and updating the “Number of Forward Purchase Units” and “Aggregate Purchase Price for Forward Purchase Units” on the Purchaser’s signature page hereto to reflect such reduced number of Forward Purchase Units, and the Purchaser shall be fully and unconditionally released from its obligation to purchase such Transferee Securities hereunder. For the avoidance of doubt, this Agreement need not be amended and restated in its entirety, but only Schedule A and the Purchaser’s signature page hereto need be so amended and updated and executed by each of the Purchaser and the Company upon the occurrence of any such transfer of Transferee Securities.
Appears in 2 contracts
Samples: Forward Purchase Agreement (Hudson Executive Investment Corp.), Forward Purchase Agreement (Hudson Executive Investment Corp.)
Transfer. This Agreement and all of the Purchaser’s rights and obligations hereunder (including the Purchaser’s obligation to purchase the Forward Purchase UnitsSecurities) may be transferred or assigned, at any time and from time to time, in whole or in part, to one or more affiliates of the Purchaser Purchaser, but not to other third parties (each such transferee, a “Transferee”). Upon any such assignment:
: (i) the applicable Transferee shall execute a signature page to this Agreement, substantially in the form of the Purchaser’s signature page hereto (the “Joinder Agreement”), which shall reflect the maximum number of Forward Purchase Units Securities to be purchased by such Transferee (the “Transferee Securities”), and, upon such execution, such Transferee shall have all the same rights and obligations of the Purchaser hereunder with respect to the Transferee Securities, and references herein to the “Purchaser” shall be deemed to refer to and include any such Transferee with respect to such Transferee and to its Transferee Securities; provided, that any representations, warranties, covenants and agreements of the Purchaser and any such Transferee shall be several and not joint and shall be made as to the Purchaser or any such Transferee, as applicable, as to itself only; and
and (ii) upon a Transferee’s execution and delivery of a Joinder Agreement, the maximum number of Forward Purchase Units Securities to be purchased by the Purchaser hereunder shall be reduced by the total maximum number of Forward Purchase Units Securities to be purchased by the applicable Transferee pursuant to the applicable Joinder Agreement, which reduction shall be evidenced by the Purchaser and the Company amending Schedule A to this Agreement to reflect each transfer and updating the “Maximum Number of Forward Purchase UnitsSecurities” and “Aggregate Purchase Price for Forward Purchase UnitsSecurities” on the Purchaser’s signature page hereto to reflect such reduced number of Forward Purchase UnitsSecurities, and each of the Purchaser Transferee’s and the Purchaser’s purchase obligations shall be fully and unconditionally released from its obligation subject to purchase such Transferee Securities hereunderallocation pursuant to Section 1(a)(iv) herein. For the avoidance of doubt, this Agreement need not be amended and restated in its entirety, but only Schedule A and the Purchaser’s signature page hereto need be so amended and updated and executed by each of the Purchaser and the Company upon the occurrence of any such transfer of Transferee Securities.
Appears in 2 contracts
Samples: Forward Purchase Agreement (Altimeter Growth Corp. 2), Forward Purchase Agreement (Altimeter Growth Corp. 2)
Transfer. This Agreement and all of the Purchaser’s rights and obligations hereunder (including the Purchaser’s obligation to purchase the Forward Purchase UnitsSecurities) may be transferred or assigned, at any time and from time to time, in whole or in part, to one or more affiliates of the Purchaser third parties (each such transferee, a “Transferee”). Upon any such assignment:
(i) the applicable Transferee shall execute a signature page to this Agreement, substantially in the form of the Purchaser’s signature page hereto (the “Joinder Agreement”), which shall reflect the number of Forward Purchase Units Securities to be purchased by such Transferee (the “Transferee Securities”), and, upon such execution, such Transferee shall have all the same rights and obligations of the Purchaser hereunder with respect to the Transferee Securities, and references herein to the “Purchaser” shall be deemed to refer to and include any such Transferee with respect to such Transferee and to its Transferee Securities; provided, that any representations, warranties, covenants and agreements of the Purchaser and any such Transferee shall be several and not joint and shall be made as to the Purchaser or any such Transferee, as applicable, as to itself only; and
(ii) upon a Transferee’s execution and delivery of a Joinder Agreement, the number of Forward Purchase Units Securities to be purchased by the Purchaser hereunder shall be reduced by the total number of Forward Purchase Units Securities to be purchased by the applicable Transferee pursuant to the applicable Joinder Agreement, which reduction shall be evidenced by the Purchaser and the Company amending Schedule A to this Agreement to reflect each transfer and updating the “Number of Forward Purchase Units” Securities”, and “Aggregate Purchase Price for Forward Purchase UnitsSecurities” on the Purchaser’s signature page hereto to reflect such reduced number of Forward Purchase UnitsSecurities, and the Purchaser shall be fully and unconditionally released from its obligation to purchase such Transferee Securities hereunder. For the avoidance of doubt, this Agreement need not be amended and restated in its entirety, but only Schedule A and the Purchaser’s signature page hereto need be so amended and updated and executed by each of the Purchaser and the Company upon the occurrence of any such transfer of Transferee Securities.
Appears in 2 contracts
Samples: Forward Purchase Agreement (Mason Industrial Technology, Inc.), Forward Purchase Agreement (Mason Industrial Technology, Inc.)
Transfer. This Agreement and all of the Purchaser’s Option Holders’ rights and obligations hereunder (including in connection with the Purchaser’s obligation to purchase the Forward Purchase Units) Co-Investment Securities may be transferred or assigned, at any time and from time to time, in whole or in part, to one or more affiliates of the Purchaser third parties (each such transferee, a “Transferee”). Upon any such assignment:
(i) the applicable Transferee shall execute a signature page to this Agreement, substantially in the form of the Purchaser’s Option Holders’ signature page hereto (the “Joinder Agreement”), which shall reflect the number of Forward Purchase Units Co-Investment Securities to be purchased by such Transferee (the “Transferee Securities”), and, upon such execution, such Transferee shall have all the same rights and obligations of the Purchaser Option Holders hereunder with respect to the Transferee Securities, and references herein to the “PurchaserOption Holder” shall be deemed to refer to and include any such Transferee with respect to such Transferee and to its Transferee Securities; provided, that any representations, warranties, covenants and agreements of the Purchaser Option Holders and any such Transferee shall be several and not joint and shall be made as to the Purchaser Option Holders or any such Transferee, as applicable, as to itself only; and
(ii) upon a Transferee’s execution and delivery of a Joinder Agreement, the number of Forward Purchase Units Co-Investment Securities to be purchased by the Purchaser Option Holders hereunder shall be reduced by the total number of Forward Purchase Units Co-Investment Securities to be purchased by the applicable Transferee pursuant to the applicable Joinder Agreement, which reduction shall be evidenced by the Purchaser Option Holders and the Company amending Schedule A B to this Agreement to reflect each transfer and updating the “Number of Forward Purchase Units” Co-Investment Shares”, “Number of Co-Investment Warrants”, and “Aggregate Purchase Price for Forward Purchase UnitsCo-Investment Securities” on the Purchaser’s Option Holders’ signature page hereto to reflect such reduced number of Forward Purchase Units, and the Purchaser shall be fully and unconditionally released from its obligation to purchase such Transferee Securities hereunderCo-Investment Securities. For the avoidance of doubt, this Agreement need not be amended and restated in its entirety, but only Schedule A B and the PurchaserOption Holder’s signature page hereto need be so amended and updated and executed by each of the Purchaser Option Holders and the Company upon the occurrence of any such transfer of Transferee Securities.
Appears in 2 contracts
Samples: Option Agreement (Sentinel Energy Services Inc.), Option Agreement (Sentinel Energy Services Inc.)
Transfer. This Agreement Pursuant to the last sentence of Section 8.6(a) of the Credit Agreement, Assignor hereby assigns to Assignee (without representation or warranty to Assignee and without Assignee having recourse against Assignor as a result of such assignment), and Assignee hereby assumes, a constant ____% of each of the Assignor's Commitments to the Borrower under the Credit Agreement, such assignment from Assignor to Assignee being [all of Assignor's Commitments to the Purchaser’s rights Borrower][$___________ of Assignor's $____________ Commitment to the Borrower] (the amount of such Commitment to the Borrower so assigned is called the "Assigned Portion" of such Commitment). [The Assignee is already a Bank under the Credit Agreement with a Commitment of $___________ to the Borrower prior to the assumption contemplated hereby.] [The Assignee is hereby approved by the Administrative Agent [and obligations hereunder (including the Purchaser’s obligation to purchase the Forward Purchase Units) may be transferred or assigned, at any time and from time to time, in whole or in part, to one or more affiliates Borrower] for purposes of the Purchaser (each assignment and assumption contemplated hereby.] As contemplated by such transfereeSection 8.6, a “Transferee”). Upon any such assignmentit is hereby agreed that:
(i) the applicable Transferee shall execute Assignor is hereby released from all of its obligations under the Credit Agreement with respect to or arising as a signature page to this Agreement, substantially in the form result of the Purchaser’s signature page hereto Assigned Portions of its Commitment assigned hereby;
(ii) the “Joinder Agreement”)Assignee hereby becomes obligated for the Assigned Portions of such Commitment and all other obligations of the Assignor (including, which shall reflect without limitation, obligations to the number Administrative Agent under Section 7.5 of Forward Purchase Units the Credit Agreement or otherwise) under the Credit Agreement with respect to be purchased by or arising as a result of the Assigned Portions of such Transferee Commitments;
(iii) the “Transferee Securities”), and, upon such execution, such Transferee shall have all Assignee is hereby assigned the same right to vote or consent under the Credit Agreement and the other rights and obligations of the Purchaser hereunder with respect Assignor under the Credit Agreement, in each case to the Transferee Securities, and references herein to the “Purchaser” shall be deemed to refer to and include any such Transferee with respect to such Transferee and to its Transferee Securities; provided, that any representations, warranties, covenants and agreements extent of the Purchaser and any Assigned Portions of such Transferee shall be several and not joint and shall be made as to the Purchaser or any such Transferee, as applicable, as to itself only; andCommitment;
(iiiv) upon a Transferee’s The Borrower, contemporaneously with its execution and delivery hereof, will deliver, in replacement of the Note of the Assignor currently outstanding [(and in replacement of Assignee's existing $___________ Note)] (a) to the Assignee, a Joinder Agreementnew Note in the amount of $____________ [(and the Assignee agrees to cancel and return to the Borrower, with reasonable promptness following such delivery, the number Note of Forward Purchase Units the Assignee being replaced thereby)], (b) to be purchased the Assignor, a new Note in the amount of $____________ (and the Assignor agrees to cancel and return to the Borrower, with reasonable promptness following delivery of such new Note, the Note of the Assignor being replaced thereby), and (c) to the Administrative Agent, photocopies of all such new Notes and of all such canceled Notes;
(v) [inasmuch as there are currently no outstanding Advances, no transfer of Advances is hereby made];
(vi) [$__________ of the Assignor's outstanding Advances to the Borrower are hereby transferred to the Assignee, which amounts represent [the aggregate amount of all of the Assignor's outstanding Advances to the Borrower respectively,] [the amount of the assigned portions of the outstanding Advances of the Assignor to the Borrower being hereby assigned to Assignee a portion of each such Advance with the assigned portion of each such Advance being equal to the amount of such Advance multiplied by a fraction, the numerator of which is the amount of the Assignor's Commitments assumed hereby by the Purchaser hereunder shall be reduced by Assignee and the total number denominator of Forward Purchase Units which is the amount of the Assignor's Commitments immediately prior to be purchased by such assumption]; [and]
(vii) the applicable Transferee pursuant Assignee hereby confirms that it is a party to the applicable Joinder Agreement, which reduction shall be evidenced by the Purchaser Credit Agreement as a Bank and the Company amending Schedule A agrees that after giving effect to this Agreement its Commitments will be $_______________ to reflect each transfer and updating the “Number of Forward Purchase Units” and “Aggregate Purchase Price for Forward Purchase Units” on Borrower; [and]
(viii) the Purchaser’s signature page hereto to reflect such reduced number of Forward Purchase Units, and Assignee hereby specifies the Purchaser shall be fully and unconditionally released from following offices as its obligation to purchase such Transferee Securities hereunder. For Applicable Lending Offices under the avoidance of doubt, this Agreement need not be amended and restated in its entirety, but only Schedule A and the Purchaser’s signature page hereto need be so amended and updated and executed by each of the Purchaser and the Company upon the occurrence of any such transfer of Transferee Securities.Credit Agreement: Domestic Eurodollar Lending Office Lending Office
Appears in 2 contracts
Samples: Credit Agreement (Williams Companies Inc), Credit Agreement (Williams Companies Inc)
Transfer. This Agreement Subject to compliance with applicable law, this Warrant shall be freely assignable by the holder thereof. Each transfer of this Warrant and all of the Purchaser’s rights and obligations hereunder (including the Purchaser’s obligation to purchase the Forward Purchase Units) may be transferred or assigned, at any time and from time to timehereunder, in whole or in part, to one or more affiliates shall be registered on the books of the Purchaser (each Company to be maintained for such transfereepurpose, upon surrender of this Warrant at the Designated Office, together with a “Transferee”). Upon any such assignment:
(i) the applicable Transferee shall execute a signature page to written assignment of this Agreement, substantially Warrant in the form of ANNEX B hereto duly executed by the Purchaser’s signature page hereto (holder or its agent or attorney. Upon such surrender and delivery, the “Joinder Agreement”)Company shall execute and deliver a new Warrant or Warrants in the name of the assignee or assignees and in the denominations specified in such instrument of assignment, which and shall reflect issue to the number assignor a new Warrant evidencing the portion of Forward Purchase Units to this Warrant not so assigned, if any. A Warrant, if properly assigned in compliance with the provisions hereof, may be purchased exercised by such Transferee (the “Transferee Securities”), and, new holder for the purchase of Warrant Shares without having a new Warrant issued. All Warrants issued upon such execution, such Transferee any assignment of Warrants shall have all be the same rights and valid obligations of the Purchaser hereunder Company, evidencing the same rights, and entitled to the same benefits as the Warrants surrendered upon such registration of transfer or exchange. Holder agrees that prior to any proposed transfer of the Warrant or of the Warrant Shares, if such transfer is not made pursuant to an effective Registration Statement under the Securities Act of 1933, as amended (the "Securities Act"), Holder will, if requested by the Company, deliver to the Company:
(a) an investment representation letter reasonably satisfactory to the Company signed by the proposed transferee;
(b) an agreement by such transferee to the impression of the restrictive investment legend set forth below in Section 2.4 on the Warrant Shares;
(c) an agreement by such transferee that the Company may place a notation in the stock books of the Company or a "stop transfer order" with any transfer agent or registrar with respect to the Transferee Securities, and references herein Warrant Shares;
(d) an agreement by such transferee to be bound by the provisions of this Section 2.1 relating to the “Purchaser” shall be deemed to refer to and include any such Transferee with respect to such Transferee and to its Transferee Securities; provided, that any representations, warranties, covenants and agreements transfer of the Purchaser Warrant or Warrant Shares and any such Transferee shall be several and not joint and shall be made as Section 2.3 relating to the Purchaser or any such Transferee, as applicable, as to itself onlylock-up of Warrant Shares; and
(iie) upon a Transferee’s execution and delivery except in the case of a Joinder Agreement, the number of Forward Purchase Units transfer pursuant to be purchased by the Purchaser hereunder shall be reduced by the total number of Forward Purchase Units to be purchased by the applicable Transferee Rule 144 promulgated pursuant to the applicable Joinder AgreementSecurities Act, which reduction shall be evidenced by or any successor rule, prior to consummating any private sale or transfer of the Purchaser and Warrant or the Warrant Shares, the written opinion of reputable legal counsel in form reasonably acceptable to the Company amending Schedule A to this Agreement to reflect each that such sale or transfer and updating the “Number of Forward Purchase Units” and “Aggregate Purchase Price for Forward Purchase Units” on the Purchaser’s signature page hereto to reflect such reduced number of Forward Purchase Units, and the Purchaser shall be fully and unconditionally released from its obligation to purchase such Transferee Securities hereunder. For the avoidance of doubt, this Agreement need not be amended and restated is being made in its entirety, but only Schedule A and the Purchaser’s signature page hereto need be so amended and updated and executed by each of the Purchaser and the Company upon the occurrence of any such transfer of Transferee Securitiescompliance with applicable federal securities laws.
Appears in 2 contracts
Samples: Warrant Agreement (Ticketmaster Online Citysearch Inc), Warrant Agreement (Ticketmaster Online Citysearch Inc)
Transfer. This Agreement and all of the Purchaser’s rights and obligations hereunder (including the Purchaser’s obligation to purchase the Forward Purchase Units) The Subscription Receipts may only be transferred on the register kept by the Subscription Receipt Agent at the principal office by a holder or assignedits legal representatives or its attorney duly appointed by an instrument in writing in form and execution satisfactory to the Subscription Receipt Agent only upon (i) in the case of Subscription Receipt Certificates, surrendering to the Subscription Receipt Agent at any time the principal office the Subscription Receipt Certificates representing the Subscription Receipts to be transferred together with a duly executed form of transfer (in the form attached to the Subscription Receipt Certificate as set out in Schedule “A” attached hereto); (ii) in the case of Uncertificated Subscription Receipts, surrendering to the Subscription Receipt Agent at the principal office instruction from the holder in form reasonably satisfactory to the Subscription Receipt Agent; (iii) in the case of CDS Subscription Receipts, compliance with Applicable Procedures prescribed by the Depository under the book entry registration system; and from time to time, in whole or in part, to one or more affiliates of the Purchaser (each such transferee, a “Transferee”). Upon any such assignmentiv) compliance with:
(ia) the applicable Transferee shall execute a signature page to this Agreement, substantially in conditions herein;
(b) such reasonable requirements as the form of the Purchaser’s signature page hereto (the “Joinder Agreement”), which shall reflect the number of Forward Purchase Units to be purchased by such Transferee (the “Transferee Securities”), and, upon such execution, such Transferee shall have all the same rights and obligations of the Purchaser hereunder with respect to the Transferee Securities, and references herein to the “Purchaser” shall be deemed to refer to and include any such Transferee with respect to such Transferee and to its Transferee Securities; provided, that any representations, warranties, covenants and agreements of the Purchaser and any such Transferee shall be several and not joint and shall be made as to the Purchaser or any such Transferee, as applicable, as to itself onlySubscription Receipt Agent may prescribe; and
(iic) upon a Transferee’s execution all applicable securities laws and delivery requirements of regulatory authorities; and such transfer shall be duly noted in such register by the Subscription Receipt Agent. Upon compliance with such requirements, the Subscription Receipt Agent shall issue to the transferee of a Joinder AgreementCertificated Subscription Receipt, a Subscription Receipt Certificate representing the number of Forward Purchase Units to be purchased by the Purchaser hereunder shall be reduced by the total number of Forward Purchase Units to be purchased by the applicable Transferee pursuant Subscription Receipts transferred, and to the applicable Joinder Agreementtransferee of an Uncertificated Subscription Receipt, which reduction an Uncertificated Subscription Receipt (or it shall be evidenced by Authenticate and deliver a Certificated Subscription Receipt instead, upon request) representing the Purchaser and the Company amending Schedule A to this Agreement to reflect each transfer and updating the “Number of Forward Purchase Units” and “Aggregate Purchase Price for Forward Purchase Units” on the Purchaser’s signature page hereto to reflect such reduced number of Forward Purchase UnitsSubscription Receipts transferred, and the Purchaser transferee of a CDS Subscription Receipt shall be fully recorded through the relevant Book Entry Participant in accordance with the book entry registration system as the entitlement holder in respect of such Subscription Receipts. Transfers within the systems of the Depository are not the responsibility of the Subscription Receipt Agent and unconditionally released from its obligation to purchase such Transferee Securities hereunder. For the avoidance of doubt, this Agreement need will not be amended and restated in its entirety, but only Schedule A and noted on the Purchaser’s signature page hereto need be so amended and updated and executed register maintained by each the Subscription Receipt Agent. No duty shall rest with the Subscription Receipt Agent to determine compliance of the Purchaser transferor or transferee with applicable securities laws. The Subscription Receipt Agent shall be entitled to assume that all transfers are legal and the Company upon the occurrence of any such transfer of Transferee Securitiesproper.
Appears in 2 contracts
Samples: Subscription Receipt Agreement (Fire & Flower Holdings Corp.), Subscription Receipt Agreement
Transfer. This Agreement and all of the Purchaser’s rights and obligations hereunder (including the Purchaser’s obligation to purchase the Forward Purchase Units) Securities, may be transferred or assigned, at any time and from time to time, in whole or in part, to one or more affiliates of the Purchaser third parties (each such transferee, a “Transferee”)) with the written consent of the Company. Upon any such assignment:
(i) the applicable Transferee shall execute a signature page to this Agreement, substantially in the form of the Purchaser’s signature page hereto (the “Joinder Agreement”), which shall reflect the number of Forward Purchase Units Shares and Forward Purchase Warrants to be purchased by such Transferee (the “Transferee Securities”), and, upon such execution, such Transferee shall have all the same rights and obligations of the Purchaser hereunder with respect to the Transferee Securities, and references herein to the “Purchaser” shall be deemed to refer to and include any such Transferee with respect to such Transferee and to its Transferee Securities; provided, that any representations, warranties, covenants and agreements of the Purchaser and any such Transferee shall be several and not joint and shall be made as to the Purchaser or any such Transferee, as applicable, as to itself only; and
(ii) upon a Transferee’s execution and delivery of a Joinder Agreement, the number of Forward Purchase Units Shares and Forward Purchase Warrants to be purchased by the Purchaser hereunder shall be reduced by the total number of Forward Purchase Units Shares and Forward Purchase Warrants to be purchased by the applicable Transferee pursuant to the applicable Joinder Agreement, which reduction shall be evidenced by the Purchaser and the Company amending Schedule A to this Agreement to reflect each transfer and updating the “Number of Forward Purchase Units” Shares”, “Number of Forward Purchase Warrants”, and “Aggregate Purchase Price for Forward Purchase UnitsSecurities” on the Purchaser’s signature page hereto to reflect such reduced number of Forward Purchase Units, and the Purchaser shall be fully and unconditionally released from its obligation to purchase such Transferee Securities hereunderSecurities. For the avoidance of doubt, this Agreement need not be amended and restated in its entirety, but only Schedule A and the Purchaser’s signature page hereto need be so amended and updated and executed by each of the Purchaser and the Company upon the occurrence of any such transfer of Transferee Securities.
Appears in 2 contracts
Samples: Forward Purchase Agreement (Pure Acquisition Corp.), Forward Purchase Agreement (Pure Acquisition Corp.)
Transfer. This Agreement 11.1 Transfer shall not be passed to the Purchaser, notwithstanding anything to the contrary herein contained, until such time as the total Purchase Price and all other amounts for which the Purchaser may be liable in terms hereto, have been paid and/or payment thereof has been secured as herein provided.
11.2 Transfer of the Purchaser’s rights Property shall be passed by the Seller‘s attorneys as soon as possible after date of acceptance, providing the Purchaser has complied with the provisions of the aforementioned sub- clause.
11.3 The Purchaser hereby specifically authorises and obligations hereunder (including agrees to the Purchaser’s obligation to purchase the Forward Purchase Units) may be transferred or assigned, at any time and from time to time, attorneys mentioned in whole or in partSchedule “1”, to one or more affiliates prepare and complete, from information provided by the Purchaser herein, a transfer duty form required by the SARS for the clearance of the Property for transfer; and specifically authorises and agrees to the said attorneys on behalf of the Purchaser (each signing and submitting such transfereeform to SARS for which preparation, a “Transferee”). Upon any such assignment:completion, signature and submission this Agreement shall be sufficient authority.
(i) the applicable Transferee shall execute a signature page to this Agreement, substantially in the form 11.4 Transfer of the Purchaser’s signature page hereto Property shall be effected by the attorneys mentioned in Schedule “1” and all expenses of and incidental to the preparation and registration of transfer, the conveyancing fees, disbursements and VAT (the “Joinder Agreement”if applicable), which in respect of such transfer, shall reflect be borne by the number Purchaser including all expenses and legal costs incidental to the preparation and registration of Forward Purchase Units any mortgage bond to be purchased by such Transferee (finance institution approving the “Transferee Securities”), and, upon such execution, such Transferee shall have all finance.
11.5 In the same rights and obligations event of the Purchaser hereunder failing to comply within 7 (seven) days of being requested by the said Attorneys, to furnish them with respect signed documents or documentation of whatever nature necessary for effecting transfer, or where applicable to ensure that the Transferee Securities, mortgage bond documentation or ancillary documentation is satisfactorily completed (and references herein to the “Purchaser” widest possible interpretation shall be deemed to refer to and include any such Transferee with used in respect to such Transferee and to its Transferee Securities; provided, that any representations, warranties, covenants and agreements of the Purchaser and any such Transferee shall be several and not joint and shall be made as to the Purchaser or any such Transfereeterms hereof), as applicable, as to itself only; and
(ii) upon a Transferee’s execution and delivery of a Joinder Agreement, the number of Forward Purchase Units to be purchased by the Purchaser hereunder shall be reduced by the total number of Forward Purchase Units to be purchased by the applicable Transferee pursuant to the applicable Joinder Agreement, which reduction shall be evidenced by the Purchaser and the Company amending Schedule A to this Agreement to reflect each transfer and updating the “Number of Forward Purchase Units” and “Aggregate Purchase Price for Forward Purchase Units” then ipso facto on the Purchaser’s signature page hereto to reflect 8th (eighth) day after such reduced number of Forward Purchase Unitsrequest, and the Purchaser shall be fully pay to the Seller penalty interest, at the rate of 2% (two percent) above prime, calculated from the said 8th (eighth) day until the date of transfer, (both days inclusive).
11.6 The Purchaser acknowledges and unconditionally released accordingly undertakes to comply with all the FICA requirements as set out in Schedule "7" annexed hereto within 7 (seven) days from its obligation to purchase such Transferee Securities hereunder. For the avoidance date of doubt, acceptance of this Agreement need not be amended by the Seller and restated to supply the attorneys all information and documentation required by the attorneys to enable the attorneys to fulfil their obligations in its entirety, but only Schedule A and the Purchaser’s signature page hereto need be so amended and updated and executed by each terms of the Purchaser and the Company upon the occurrence of any such transfer of Transferee SecuritiesFICA.
Appears in 2 contracts
Samples: Deed of Sale, Deed of Sale
Transfer. This Agreement 5.1. In consideration of payment for a total amount, more fully described in SCHEDULE C, and in the Memo of Consideration annexed hereto, paid by the Buyer to the Developer/Promoter herein and in further consideration of Buyer fulfilling all obligations under these presents, the Developer/Promoter and Owner/Vendor (Transferors) do and doth hereby sell, transfer, convey, assure and assign forever unto and in favour of the Purchaser’s Buyer ALL THAT the said Apartment with facility of car park in the allotted car parking space(if applicable), more fully and particularly mentioned and described in the SCHEDULE B herein under together with undivided proportionate impartible share or interest in the said entire land underneath along with the said building more fully and particularly mentioned in the SCHEDULE A hereunder written with all easement rights over all common portions in the said Building and obligations hereunder Land and the Transferors doth hereby release, relinquish and disclaim all their respective right, title and interest into or upon the said Apartment TO HAVE AND TO HOLD the said Apartment, unto the Buyer herein absolutely and forever free from all encumbrances, trusts, liens, quasi easement and other stipulation and provision in connection with the beneficial use and enjoyment of the said Apartment, belonging to and held by the Buyer for residential purpose only and upon/after execution of this Deed of Conveyance, subject however, to the rights reserved by the Transferors, the Buyer shall have every right to sell, gift, lease and transfer the same on the same terms and condition as stipulated under this Deed of Conveyance.
5.2. Right to use the common area of the said Residential Project more fully described in SCHEDULE E (Share of Common area), are all comprised in and/or being part or portions of the said Residential Project, including the Purchaser’s obligation common facilities and amenities provided thereat.
5.3. The aforesaid sale and transfer is and subject to purchase the Forward Purchase Units) may be transferred or assigned, at any time mutual easements and from time restrictions more fully described in SCHEDULE H and further subject to time, conditions more fully described in whole or in part, to one or more affiliates of the Purchaser (each such transferee, a “Transferee”). Upon any such assignment:
(i) the applicable Transferee shall execute a signature page to this Agreement, substantially in the form of the Purchaser’s signature page hereto (the “Joinder Agreement”)SCHEDULE F, which shall reflect be covenants running with the number said Apartment.
5.4. The Buyer subject to compliance of Forward Purchase Units to be purchased by such Transferee (the “Transferee Securities”), and, upon such execution, such Transferee shall have all the same rights terms and obligations condition of this deed and further, observing and performing the Purchaser hereunder with respect to covenants, more fully described in the Transferee SecuritiesSchedules below, appearing hereinafter, shall peacefully own, hold and references herein to enjoy the “Purchaser” shall be deemed to refer to and include any such Transferee with respect to such Transferee and to its Transferee Securities; provided, that any representations, warranties, covenants and agreements said Apartment.
5.5. Upon execution of the Purchaser and any such Transferee shall be several and not joint and shall be made as to the Purchaser or any such Transferee, as applicable, as to itself only; and
(ii) upon a Transferee’s execution and delivery this Deed of a Joinder AgreementConveyance, the number Buyer shall not raise any claim of Forward Purchase Units to be purchased by whatsoever nature, against the Purchaser hereunder shall be reduced by the total number of Forward Purchase Units to be purchased by the applicable Transferee pursuant to the applicable Joinder Agreement, which reduction shall be evidenced by the Purchaser Developer/ Promoter and the Company amending Schedule A to this Agreement to reflect each transfer and updating the “Number of Forward Purchase Units” and “Aggregate Purchase Price for Forward Purchase Units” on the Purchaser’s signature page hereto to reflect such reduced number of Forward Purchase Units, and the Purchaser shall be fully and unconditionally released from its obligation to purchase such Transferee Securities hereunder. For the avoidance of doubt, this Agreement need not be amended and restated in its entirety, but only Schedule A and the Purchaser’s signature page hereto need be so amended and updated and executed by each of the Purchaser and the Company upon the occurrence of any such transfer of Transferee SecuritiesOwner/Vendor.
Appears in 2 contracts
Samples: Deed of Conveyance, Deed of Conveyance
Transfer. This Agreement and all of the Purchaser’s Purchasers’ rights and obligations hereunder (including the Purchaser’s Purchasers’ obligation to purchase the Forward Purchase Units) may be transferred or assigned, at any time and from time to time, in whole or in part, to one or more affiliates of the a Purchaser (each such transferee, a “Transferee”). Upon any such assignment:
(i) the applicable Transferee shall execute a signature page to this Agreement, substantially in the form of the Purchaser’s Purchasers’ signature page hereto (the “Joinder Agreement”), which shall reflect the number of Forward Purchase Units to be purchased by such Transferee (the “Transferee Securities”), and, upon such execution, such Transferee shall have all the same rights and obligations of the a Purchaser hereunder with respect to the Transferee Securities, and references herein to the “Purchaser” shall be deemed to refer to and include any such Transferee with respect to such Transferee and to its Transferee Securities; provided, that any representations, warranties, covenants and agreements of the such Purchaser and any such Transferee shall be several and not joint and shall be made as to the such Purchaser or any such Transferee, as applicable, as to itself only; and
(ii) upon a Transferee’s execution and delivery of a Joinder Agreement, the number of Forward Purchase Units to be purchased by the applicable Purchaser hereunder shall be reduced by the total number of Forward Purchase Units to be purchased by the applicable Transferee pursuant to the applicable Joinder Agreement, which reduction shall be evidenced by the applicable Purchaser and the Company amending Schedule A to this Agreement to reflect each transfer and updating the “Number of Forward Purchase Units” and “Aggregate Purchase Price for Forward Purchase Units” on the such Purchaser’s signature page hereto to reflect such reduced number of Forward Purchase Units, and the such Purchaser shall be fully and unconditionally released from its obligation to purchase such Transferee Securities hereunder. For the avoidance of doubt, this Agreement need not be amended and restated in its entirety, but only Schedule A and the applicable Purchaser’s signature page hereto need be so amended and updated and executed by each of the applicable Purchaser and the Company upon the occurrence of any such transfer of Transferee Securities.
Appears in 2 contracts
Samples: Forward Purchase Agreement (ExcelFin Acquisition Corp.), Forward Purchase Agreement (ExcelFin Acquisition Corp.)
Transfer. This Agreement and all of the Purchaser’s rights and obligations hereunder (including the Purchaser’s obligation to purchase the Forward Purchase UnitsSecurities) may be transferred or assigned, at any time and from time to time, in whole or in part, to one or more affiliates of the Purchaser third parties (each such transferee, a “Transferee”). Upon any such assignment:
(i) the applicable Transferee shall execute a signature page to this Agreement, substantially in the form of the Purchaser’s signature page hereto (the “Joinder AgreementTransferee Joinder”), which shall reflect the number of Forward Purchase Units Shares and Forward Purchase Warrants to be purchased by such Transferee (the “Transferee Securities”), and, upon such execution, such Transferee shall have all the same rights and obligations of the Purchaser hereunder with respect to the Transferee Securities, and references herein to the “Purchaser” shall be deemed to refer to and include any such Transferee with respect to such Transferee and to its Transferee Securities; provided, that any representations, warranties, covenants and agreements of the Purchaser and any such Transferee shall be several and not joint and shall be made as to the Purchaser or any such Transferee, as applicable, as to itself only; and
(ii) upon a Transferee’s execution and delivery of a Joinder AgreementTransferee Joinder, the number of Forward Purchase Units Shares and Forward Purchase Warrants to be purchased by the Purchaser hereunder shall be reduced by the total number of Forward Purchase Units Shares and Forward Purchase Warrants to be purchased by the applicable Transferee pursuant to the applicable Joinder AgreementTransferee Joinder, which reduction shall be evidenced by the Purchaser Purchaser, the Transferee and the Company Company, as applicable, amending Schedule A and Schedule B to this Agreement to reflect each transfer and updating the “Number of Forward Purchase Units” Shares”, “Number of Forward Purchase Warrants”, and “Aggregate Purchase Price for Forward Purchase UnitsSecurities” on the Purchaser’s signature page hereto to reflect such reduced number of Forward Purchase UnitsSecurities, and the Purchaser shall be fully and unconditionally released from its obligation to purchase such Transferee Securities hereunder. For the avoidance of doubt, this Agreement need not be amended and restated in its entirety, but only Schedule A A, Schedule B and the Purchaser’s signature page hereto need be so amended and updated and executed by each of the Purchaser Purchaser, the Transferee and the Company upon the occurrence of any such transfer of Transferee Securities.
Appears in 1 contract
Samples: Forward Purchase Agreement (Crescent Acquisition Corp)
Transfer. This Agreement and all of the Purchaser’s rights and obligations hereunder (including the Purchaser’s obligation to purchase the Forward Purchase Units) The Subscription Receipts may only be transferred on the register kept by the Subscription Receipt Agent at the principal office by a holder or assignedits legal representatives or its attorney duly appointed by an instrument in writing in form and execution satisfactory to the Subscription Receipt Agent only upon (i) in the case of Certificated Subscription Receipts, surrendering to the Subscription Receipt Agent at any time the principal office the Subscription Receipt Certificates representing the Subscription Receipts to be transferred together with a duly executed form of transfer (in the form attached to the Subscription Receipt Certificate as set out in Schedule “A” attached hereto); (ii) in the case of Uncertificated Subscription Receipts, surrendering to the Subscription Receipt Agent at the principal office instruction from the holder in form reasonably satisfactory to the Subscription Receipt Agent; (iii) in the case of CDS Subscription Receipts, compliance with Applicable Procedures prescribed by the Depository under the book entry registration system; and from time to time, in whole or in part, to one or more affiliates of the Purchaser (each such transferee, a “Transferee”). Upon any such assignmentiv) compliance with:
(i) the applicable Transferee shall execute a signature page to this Agreement, substantially in conditions herein;
(ii) such reasonable requirements as the form of the Purchaser’s signature page hereto (the “Joinder Agreement”), which shall reflect the number of Forward Purchase Units to be purchased by such Transferee (the “Transferee Securities”), and, upon such execution, such Transferee shall have all the same rights and obligations of the Purchaser hereunder with respect to the Transferee Securities, and references herein to the “Purchaser” shall be deemed to refer to and include any such Transferee with respect to such Transferee and to its Transferee Securities; provided, that any representations, warranties, covenants and agreements of the Purchaser and any such Transferee shall be several and not joint and shall be made as to the Purchaser or any such Transferee, as applicable, as to itself onlySubscription Receipt Agent may prescribe; and
(iiiii) upon a Transferee’s execution all applicable securities laws and delivery requirements of regulatory authorities; and such transfer shall be duly noted in such register by the Subscription Receipt Agent. Upon compliance with such requirements, the Subscription Receipt Agent shall issue to the transferee of a Joinder AgreementCertificated Subscription Receipt, a Subscription Receipt Certificate representing the number of Forward Purchase Units to be purchased by the Purchaser hereunder shall be reduced by the total number of Forward Purchase Units to be purchased by the applicable Transferee pursuant Subscription Receipts transferred, and to the applicable Joinder Agreementtransferee of an Uncertificated Subscription Receipt, which reduction an Uncertificated Subscription Receipt (or it shall be evidenced by Authenticate and deliver a Certificated Subscription Receipt instead, upon request) representing the Purchaser and the Company amending Schedule A to this Agreement to reflect each transfer and updating the “Number of Forward Purchase Units” and “Aggregate Purchase Price for Forward Purchase Units” on the Purchaser’s signature page hereto to reflect such reduced number of Forward Purchase UnitsSubscription Receipts transferred, and the Purchaser transferee of a CDS Subscription Receipt shall be fully recorded through the relevant Book Entry Participant in accordance with the book entry registration system as the entitlement holder in respect of such Subscription Receipts. Transfers within the systems of the Depository are not the responsibility of the Subscription Receipt Agent and unconditionally released from its obligation to purchase such Transferee Securities hereunder. For the avoidance of doubt, this Agreement need will not be amended noted on the register maintained by the Subscription Receipt Agent. The Subscription Receipt Agent will promptly advise the Company of any requested transfer of Subscription Receipts. Notwithstanding the foregoing, the Company will be entitled, and restated may direct the Subscription Receipt Agent, to refuse to recognize any transfer, or enter the name of any transferee, of any Subscription Receipts on the registers referred to in its entiretythis Section 4.1(b), but only Schedule A and the Purchaser’s signature page hereto need be so amended and updated and executed by each if such transfer would constitute a violation of the Purchaser and applicable securities laws of any jurisdiction or the rules, regulations or policies of any regulatory authority having jurisdiction, or would be contrary to the terms of the constating documents of the Company upon the occurrence of any such transfer of Transferee Securitiesor this Agreement.
Appears in 1 contract
Samples: Subscription Receipt Agreement
Transfer. This Agreement and Following the Execution Date, VIVUS shall promptly share with Menarini copies of (i) all of the Purchaser’s rights and obligations hereunder documentation (including the Purchaser’s obligation electronic Common Technical Document sequences) submitted to purchase EMA in connection with the Forward Purchase UnitsExisting MAA, to the extent such documentation would be reasonably necessary for Menarini to exercise its rights and carry out its obligations under this Agreement and (ii) the Product information texts sent to the European Commission. Concomitantly, VIVUS, in cooperation with Menarini, shall initiate activities for the filing of the request to transfer such Product Marketing Authorization to Menarini or its Affiliates as well any other variations agreed to be submitted before the transfer of the Product Marketing Authorization according to the terms set forth in this Section 4.2. Within *** following the grant of the Product Marketing Authorization by the European Commission, VIVUS shall file a request for transfer of the Product Marketing Authorization to Menarini with the EMA. VIVUS shall be responsible for submission to EMA of the application for transfer and for providing responses and additional documentation in response to any related questions posed by EMA concerning the transfer. Menarini shall assist and cooperate with VIVUS in connection with such transfer. Menarini shall defend, indemnify and hold harmless VIVUS, its Affiliates, and their respective officers, directors, employees, consultants and authorized agents and their respective successors and assigns or heirs, as the case may be, from and against any and all liabilities, losses, claims, suits, damages, costs and expenses (including but not limited to Losses) arising in connection with the filing of the application for the transfer of the Product Marketing Authorization with the EMA or otherwise relating to or resulting from such transfer. Menarini shall be transferred responsible for out of pocket costs and expenses incurred by VIVUS or assigned, at any time its Affiliates in connection with the application to the EMA for transfer of the Product Marketing Authorization and the related approval or refusal by the European Commission to transfer of such Product Marketing Authorization. Such payments shall be based on documentarily evidenced invoices submitted by VIVUS to Menarini from time to time, in whole or in part, to one or more affiliates . Menarini shall comply with all requirements imposed by this Section 4.2(a) independently of the Purchaser (each such transferee, a “Transferee”). Upon any such assignment:
(i) the applicable Transferee shall execute a signature page to this Agreement, substantially in the form outcome of the Purchaser’s signature page hereto (application procedure related to the “Joinder Agreement”), which shall reflect the number of Forward Purchase Units to be purchased by such Transferee (the “Transferee Securities”), and, upon such execution, such Transferee shall have all the same rights and obligations transfer of the Purchaser hereunder with respect Product Marketing Authorization. For clarity, only the Product Marketing Authorization will be transferred to the Transferee SecuritiesMenarini, and references herein to the “Purchaser” no patents, patent applications, or other intellectual property of VIVUS shall be deemed to refer to and include any such Transferee with respect to such Transferee and to its Transferee Securities; provided, that any representations, warranties, covenants and agreements of the Purchaser and any such Transferee shall be several and not joint and shall be made as to the Purchaser or any such Transferee, as applicable, as to itself only; and
(ii) upon a Transferee’s execution and delivery of a Joinder Agreement, the number of Forward Purchase Units to be purchased by the Purchaser hereunder shall be reduced by the total number of Forward Purchase Units to be purchased by the applicable Transferee pursuant to the applicable Joinder Agreement, which reduction shall be evidenced by the Purchaser and the Company amending Schedule A to this Agreement to reflect each transfer and updating the “Number of Forward Purchase Units” and “Aggregate Purchase Price for Forward Purchase Units” on the Purchaser’s signature page hereto to reflect such reduced number of Forward Purchase Units, and the Purchaser shall be fully and unconditionally released from its obligation to purchase such Transferee Securities hereunder. For the avoidance of doubt, this Agreement need not be amended and restated in its entirety, but only Schedule A and the Purchaser’s signature page hereto need be so amended and updated and executed by each of the Purchaser and the Company upon the occurrence of any such transfer of Transferee Securitiestransferred.
Appears in 1 contract
Samples: License and Commercialization Agreement (Vivus Inc)
Transfer. This Agreement and all of the Purchaser’s rights and obligations hereunder (including the Purchaser’s obligation to purchase the Forward Purchase Units) The Subscription Receipts may only be transferred on the register kept by the Subscription Receipt Agent at the principal office by a holder or assignedits legal representatives or its attorney duly appointed by an instrument in writing in form and execution satisfactory to the Subscription Receipt Agent only upon (i) in the case of Subscription Receipt Certificates, surrendering to the Subscription Receipt Agent at any time and the principal office the Subscription Receipt Certificates representing the Subscription Receipts to be transferred together with a duly executed form of transfer (in substantially the form attached to the Subscription Receipt Certificate as set out in Schedule “A” attached hereto); (ii) in the case of Uncertificated Subscription Receipts, surrendering to the Subscription Receipt Agent at the principal office instruction from time the holder in a form reasonably satisfactory to timethe Subscription Receipt Agent; (iii) in the case of CDS Subscription Receipts, in whole or in part, to one or more affiliates of accordance with Applicable Procedures prescribed by the Purchaser Depository under the book entry registration system; and (each such transferee, a “Transferee”). Upon any such assignmentiv) compliance with:
(ia) the applicable Transferee shall execute a signature page to this Agreement, substantially in conditions herein;
(b) such reasonable requirements as the form of the Purchaser’s signature page hereto (the “Joinder Agreement”), which shall reflect the number of Forward Purchase Units to be purchased by such Transferee (the “Transferee Securities”), and, upon such execution, such Transferee shall have all the same rights and obligations of the Purchaser hereunder with respect to the Transferee Securities, and references herein to the “Purchaser” shall be deemed to refer to and include any such Transferee with respect to such Transferee and to its Transferee Securities; provided, that any representations, warranties, covenants and agreements of the Purchaser and any such Transferee shall be several and not joint and shall be made as to the Purchaser or any such Transferee, as applicable, as to itself onlySubscription Receipt Agent may prescribe; and
(iic) upon a Transferee’s execution all applicable securities laws and delivery requirements of regulatory authorities; and such transfer shall be duly noted in such register by the Subscription Receipt Agent. Upon compliance with such requirements, the Subscription Receipt Agent shall issue to the transferee of a Joinder AgreementSubscription Receipt Certificate, a Subscription Receipt Certificate representing the number of Forward Purchase Units to be purchased by the Purchaser hereunder shall be reduced by the total number of Forward Purchase Units to be purchased by the applicable Transferee pursuant Subscription Receipts transferred, and to the applicable Joinder Agreementtransferee of an Uncertificated Subscription Receipt, which reduction an Uncertificated Subscription Receipt (or it shall be evidenced by Authenticate and deliver a Subscription Receipt Certificate instead, upon request) representing the Purchaser and the Company amending Schedule A to this Agreement to reflect each transfer and updating the “Number of Forward Purchase Units” and “Aggregate Purchase Price for Forward Purchase Units” on the Purchaser’s signature page hereto to reflect such reduced number of Forward Purchase UnitsSubscription Receipts transferred, and the Purchaser transferee of a CDS Subscription Receipt shall be fully recorded through the relevant Book Entry Participant in accordance with the book entry registration system as the entitlement holder in respect of such Subscription Receipts. Transfers within the systems of the Depository are not the responsibility of the Subscription Receipt Agent and unconditionally released from its obligation to purchase such Transferee Securities hereunder. For the avoidance of doubt, this Agreement need will not be amended and restated in its entirety, but only Schedule A and noted on the Purchaser’s signature page hereto need be so amended and updated and executed register maintained by each the Subscription Receipt Agent. No duty shall rest with the Subscription Receipt Agent to determine compliance of the Purchaser transferor or transferee with applicable securities laws. The Subscription Receipt Agent shall be entitled to assume that all transfers are legal and the Company upon the occurrence of any such transfer of Transferee Securitiesproper.
Appears in 1 contract
Samples: Subscription Receipt Agreement
Transfer. This Agreement and all of the Purchaser’s rights and obligations hereunder (including the Purchaser’s obligation to purchase the Forward Purchase UnitsSecurities) may be transferred or assigned, at any time and from time to time, in whole or in part, to one or more affiliates of the Purchaser Purchaser, but not to other third parties (each such transferee, a “Transferee”). ) provided that, in the case of any such transfer, the Purchaser shall remain bound by its obligations with respect thereto in the event that the transferee does not comply with its obligations to purchase the Forward Purchase Securities.. Upon any such assignment:
(i) the applicable Transferee shall execute a signature page to this Agreement, substantially in the form of the Purchaser’s signature page hereto (the “Joinder Agreement”), which shall reflect the number of Forward Purchase Units to be purchased by such Transferee (the “Transferee Securities”), and, upon such execution, such Transferee shall have all the same rights and obligations of the Purchaser hereunder with respect to the Transferee Securities, and references herein to the “Purchaser” shall be deemed to refer to and include any such Transferee with respect to such Transferee and to its Transferee Securities; provided, that any representations, warranties, covenants and agreements of the Purchaser and any such Transferee shall be several and not joint and shall be made as to the Purchaser or any such Transferee, as applicable, as to itself only; and
(ii) upon a Transferee’s execution and delivery of a Joinder Agreement, the number of Forward Purchase Units to be purchased by the Purchaser hereunder shall be reduced by the total number of Forward Purchase Units to be purchased by the applicable Transferee pursuant to the applicable Joinder Agreement, which reduction shall be evidenced by the Purchaser and the Company amending Schedule A to this Agreement to reflect each transfer and updating the “Number of Forward Purchase Units” and “Aggregate Purchase Price for Forward Purchase UnitsSecurities” on the Purchaser’s signature page hereto to reflect such reduced number of Forward Purchase Units, and the Purchaser shall be fully and unconditionally released from its obligation to purchase such Transferee Securities hereunderSecurities. For the avoidance of doubt, this Agreement need not be amended and restated in its entirety, but only Schedule A and the Purchaser’s signature page hereto need be so amended and updated and executed by each of the Purchaser and the Company upon the occurrence of any such transfer of Transferee Securities.
Appears in 1 contract
Transfer. This Agreement and all of the Purchaser’s rights and obligations hereunder (including the Purchaser’s obligation to purchase the Forward Purchase UnitsSecurities) may be transferred or assigned, at any time and from time to time, in whole or in part, to one or more affiliates of the Purchaser third parties (each such transferee, a “Transferee”). Upon any such assignment; provided that:
(i) the applicable Transferee shall execute and deliver to the Company a signature page to this Agreement, substantially in the form of the Purchaser’s signature page Exhibit A hereto (the “Joinder AgreementTransferee Joinder”), which shall reflect the number of Forward Purchase Units Shares and Forward Purchase Warrants to be purchased by such Transferee (the “Transferee Securities”), and, upon such execution, such Transferee shall have all the same rights and obligations of the Purchaser hereunder with respect to the Transferee Securities, and references herein to the “Purchaser” shall be deemed to refer to and include any such Transferee with respect to such Transferee and to its Transferee Securities; provided, that any representations, warranties, covenants and agreements of the Purchaser and any such Transferee shall be several and not joint and shall be made as to the Purchaser or any such Transferee, as applicable, as to itself only; and
(ii) upon a Transferee’s execution and delivery of a Joinder AgreementTransferee Joinder, the number of Forward Purchase Units Shares and Forward Purchase Warrants to be purchased by the Purchaser hereunder shall be reduced by the total number of Forward Purchase Units Shares and Forward Purchase Warrants to be purchased by the applicable Transferee pursuant to the applicable Joinder AgreementTransferee Joinder, which reduction shall be evidenced by the Purchaser Purchaser, the Transferee and the Company Company, as applicable, amending Schedule A Exhibit B to this Agreement to reflect each transfer and updating the “Number of Forward Purchase Units” Shares”, “Number of Forward Purchase Warrants”, and “Aggregate Purchase Price for Forward Purchase UnitsSecurities” on the Purchaser’s signature page hereto to reflect such reduced number of Forward Purchase UnitsSecurities; provided, and that the Purchaser shall not be fully and unconditionally released from its obligation to purchase such Transferee Securities hereunderhereunder unless and until the Transferee satisfies it obligation in full to purchase the number of Forward Purchase Shares and Forward Purchase Warrants set forth in the Transferee Joinder and on the terms and conditions set forth in this Agreement; provided, further, that the Company’s and F45’s sole recourse under this Section 4(b)(ii) shall be against Purchaser. For the avoidance of doubt, this Agreement need not be amended and restated in its entirety, but only Schedule A Exhibit B and the Purchaser’s signature page hereto need be so amended and updated and executed by each of the Purchaser Purchaser, the Transferee and the Company upon the occurrence of any such transfer of Transferee Securities.
Appears in 1 contract
Samples: Forward Purchase Agreement (Crescent Acquisition Corp)
Transfer. The Company shall register the transfer of any Warrants in the Register, upon surrender of this Warrant Certificate with the Form of Assignment attached hereto duly completed and signed to the Company, at the office specified in or pursuant to Section 2.3 hereof. This Agreement Warrant and the shares of Common Stock issuable hereunder shall not be sold, transferred, pledged or hypothecated in the United States unless the proposed disposition is the subject of a currently effective registration statement under the Securities Act or unless the Company has received an opinion of U.S. counsel, in form and substance reasonably satisfactory to the Company, to the effect that such registration is not required in connection with such disposition. In the case of such a sale, transfer, pledge or hypothecation in the United States, or in the event of the exercise hereof, if the Warrant Stock so acquired is not registered under the Securities Act, the Company may require a written statement that the Warrant or Warrant Stock, as the case may be, are being acquired for investment and not with a view to the distribution thereof, and any certificate representing Warrant Stock issued pursuant to such exercise shall bear a legend in substantially the form set forth on the face hereof. Subject to the first two sentences of this Section, this Warrant and all of the Purchaser’s rights and obligations hereunder (including the Purchaser’s obligation to purchase the Forward Purchase Units) may be transferred or assigned, at any time and from time to timeare transferable, in whole or in part, to one at the office or more affiliates agency of the Purchaser (each such transfereeCompany by the registered holder thereof in person or by a duly authorized attorney, a “Transferee”)upon surrender of this Warrant together with an assignment hereof properly endorsed. Until transfer hereof on the registration books of the Company, the Company may treat the existing registered holder hereof as the owner hereof for all purposes. Any transferee of this Warrant and any rights hereunder, by acceptance thereof, agrees to assume all of the obligations of Xxxxxx and to be bound by all of the terms and provisions of this Warrant. Upon any such assignment:
(i) the applicable Transferee shall execute registration of transfer, a signature page to this Agreementnew Warrant Certificate, in substantially in the form of this Warrant Certificate, evidencing the Purchaser’s signature page hereto (the “Joinder Agreement”), which Warrants so transferred shall reflect the number of Forward Purchase Units to be purchased by such Transferee (the “Transferee Securities”), and, upon such execution, such Transferee shall have all the same rights and obligations of the Purchaser hereunder with respect issued to the Transferee Securitiestransferee and a new Warrant Certificate, and references herein in similar form, evidencing the remaining Warrants not so transferred, if any, shall be issued to the “Purchaser” shall be deemed to refer to and include any such Transferee with respect to such Transferee and to its Transferee Securities; provided, that any representations, warranties, covenants and agreements of the Purchaser and any such Transferee shall be several and not joint and shall be made as to the Purchaser or any such Transferee, as applicable, as to itself only; and
(ii) upon a Transferee’s execution and delivery of a Joinder Agreement, the number of Forward Purchase Units to be purchased by the Purchaser hereunder shall be reduced by the total number of Forward Purchase Units to be purchased by the applicable Transferee pursuant to the applicable Joinder Agreement, which reduction shall be evidenced by the Purchaser and the Company amending Schedule A to this Agreement to reflect each transfer and updating the “Number of Forward Purchase Units” and “Aggregate Purchase Price for Forward Purchase Units” on the Purchaser’s signature page hereto to reflect such reduced number of Forward Purchase Units, and the Purchaser shall be fully and unconditionally released from its obligation to purchase such Transferee Securities hereunder. For the avoidance of doubt, this Agreement need not be amended and restated in its entirety, but only Schedule A and the Purchaser’s signature page hereto need be so amended and updated and executed by each of the Purchaser and the Company upon the occurrence of any such transfer of Transferee Securitiesthen registered holder thereof.
Appears in 1 contract
Transfer. This Agreement and all of the Purchaser’s rights and obligations hereunder (including the Purchaser’s obligation to purchase the Forward Purchase UnitsShares) may be transferred or assigned, at any time and from time to time, in whole or in part, to one or more affiliates of the Purchaser (each such transferee, a “Transferee”). Upon any such assignment:
(i) the applicable Transferee shall execute a signature page to this Agreement, substantially in the form of the Purchaser’s signature page hereto (the “Joinder Agreement”), which shall reflect the number portion of Forward Purchase Units the Base Allotment to be purchased assumed by such Transferee (the “Transferee SecuritiesAllotment”), and, upon such execution, such Transferee shall have all the same rights and obligations of the Purchaser hereunder with respect to the Transferee SecuritiesAllotment, and references herein to the “Purchaser” shall be deemed to refer to and include any such Transferee with respect to such Transferee and to its Transferee SecuritiesAllotment; provided, that any representations, warranties, covenants and agreements of the Purchaser and any such Transferee shall be several and not joint and shall be made as to the Purchaser or any such Transferee, as applicable, as to itself only; and
(ii) upon a Transferee’s execution and delivery of a Joinder Agreement, the number of Forward Purchase Units to be purchased by the Purchaser Purchaser’s Base Allotment hereunder shall be reduced by the total number portion of Forward Purchase Units the Base Allotment to be purchased assumed by the applicable Transferee pursuant to the applicable Joinder Agreement, which reduction shall be evidenced by the Purchaser and the Company amending Schedule A to this Agreement to reflect each transfer and updating the “Number of Forward Purchase Units” and “Aggregate Purchase Price for Forward Purchase UnitsBase Allotment” on the Purchaser’s signature page Schedule A hereto to reflect such reduced number of Forward Purchase Units, and the Purchaser shall be fully and unconditionally released from its obligation to purchase such Transferee Securities hereunderBase Allotment. For the avoidance of doubt, this Agreement need not be amended and restated in its entirety, but only Schedule A and the Purchaser’s signature page hereto need be so amended and updated and executed by upon mutual written agreement of each of the Purchaser and the Company upon the occurrence of any such transfer of a Transferee SecuritiesAllotment.
Appears in 1 contract
Samples: Forward Purchase Agreement (Crown PropTech Acquisitions)
Transfer. This Agreement and all of the Purchaser’s rights and obligations hereunder (including the Purchaser’s obligation to purchase the Forward Purchase Units) The Flow-Through Unit Subscription Receipts may only be transferred on the register kept by the Subscription Receipt Agent at the principal office by the holder or assignedits legal representatives or its attorney duly appointed by an instrument in writing in form and execution satisfactory to the Subscription Receipt Agent only upon (1) in the case of a Flow-Through Unit Subscription Receipt Certificate, surrendering to the Subscription Receipt Agent at any time and from time the principal office the Flow-Through Unit Subscription Receipt Certificates representing the Flow-Through Unit Subscription Receipts to timebe transferred together with a duly executed form of transfer (in the form attached to the Flow-Through Unit Subscription Receipt Certificate as set out in Schedules “A” , (2) in the case of Book Entry Flow-Through Unit Subscription Receipts, in whole or accordance with Applicable Procedures prescribed by the Depository under the book entry registration system; (3) in partthe case of Uncertificated Flow-Through Unit Subscription Receipts, surrendering to one or more affiliates of the Purchaser Subscription Receipt Agent at the Flow-Through Unit Subscription Receipt Agency, instruction from the holder in form reasonably satisfactory to the Subscription Receipt Agent); and (each such transferee, a “Transferee”). Upon any such assignment:4) upon compliance with:
(i) the applicable Transferee shall execute a signature page to this Agreement, substantially in conditions herein;
(ii) such reasonable requirements as the form of the Purchaser’s signature page hereto (the “Joinder Agreement”), which shall reflect the number of Forward Purchase Units to be purchased by such Transferee (the “Transferee Securities”), and, upon such execution, such Transferee shall have all the same rights and obligations of the Purchaser hereunder with respect to the Transferee Securities, and references herein to the “Purchaser” shall be deemed to refer to and include any such Transferee with respect to such Transferee and to its Transferee Securities; provided, that any representations, warranties, covenants and agreements of the Purchaser and any such Transferee shall be several and not joint and shall be made as to the Purchaser or any such Transferee, as applicable, as to itself onlySubscription Receipt Agent may prescribe; and
(iiiii) upon a Transferee’s execution all applicable securities legislation and delivery requirements of regulatory authorities; and such transfer shall be duly noted in such register by the Subscription Receipt Agent. Upon compliance with such requirements, the Subscription Receipt Agent shall issue to the transferee of a Joinder AgreementCertificated Flow-Through Unit Subscription Receipt, a Flow-Through Unit Subscription Receipt Certificate, and to the number transferee of Forward Purchase Units to an Uncertificated Flow- Through Unit Subscription Receipt, an Uncertificated Flow-Through Unit Subscription Receipt (or it shall Authenticate and deliver a Certificated Flow-Through Unit Subscription Receipt instead, upon request), representing the Flow-Through Unit Subscription Receipts transferred and the transferee of a Book Entry Flow-Through Unit Subscription Receipt shall be purchased recorded through the relevant Book Entry Participant in accordance with the book entry registration system as the entitlement holder in respect of such Flow-Through Unit Subscription Receipts. Transfers within the systems of the Depository are not the responsibility of the Subscription Receipt Agent and will not be noted on the register maintained by the Purchaser hereunder shall be reduced by the total number of Forward Purchase Units to be purchased by the applicable Transferee pursuant to the applicable Joinder Agreement, which reduction shall be evidenced by the Purchaser and the Company amending Schedule A to this Agreement to reflect each transfer and updating the “Number of Forward Purchase Units” and “Aggregate Purchase Price for Forward Purchase Units” on the Purchaser’s signature page hereto to reflect such reduced number of Forward Purchase Units, and the Purchaser shall be fully and unconditionally released from its obligation to purchase such Transferee Securities hereunder. For the avoidance of doubt, this Agreement need not be amended and restated in its entirety, but only Schedule A and the Purchaser’s signature page hereto need be so amended and updated and executed by each of the Purchaser and the Company upon the occurrence of any such transfer of Transferee SecuritiesSubscription Receipt Agent.
Appears in 1 contract
Transfer. This Agreement and all of the Purchaser’s Purchasers’ rights and obligations hereunder (including the Purchaser’s Purchasers’ obligation to purchase the Forward Purchase UnitsShares) may be transferred or assigned, at any time and from time to time, in whole or in part, to one or more affiliates of the Purchaser third parties (each such transferee, a “Transferee”). Upon any such assignment:
(i) the applicable Transferee shall execute a signature page to this Agreement, substantially in the form of the Purchaser’s Purchasers’ signature page hereto (the “Joinder Agreement”), which shall reflect the number of Forward Purchase Units Shares and Forward Purchase Warrants to be purchased by such Transferee (the “Transferee Securities”), and, upon such execution, such Transferee shall have all the same rights and obligations of the Purchaser Purchasers hereunder with respect to the Transferee Securities, and references herein to the “PurchaserPurchasers” shall be deemed to refer to and include any such Transferee with respect to such Transferee and to its Transferee Securities; provided, that any representations, warranties, covenants and agreements of the Purchaser Purchasers and any such Transferee shall be several and not joint and shall be made as to the Purchaser Purchasers or any such Transferee, as applicable, as to itself only; and
(ii) upon a Transferee’s execution and delivery of a Joinder Agreement, the number of Forward Purchase Units Shares to be purchased by the Purchaser Purchasers hereunder shall be reduced by the total number of Forward Purchase Units Shares to be purchased by the applicable Transferee pursuant to the applicable Joinder Agreement, which reduction shall be evidenced by the Purchaser Purchasers and the Company amending Schedule A to this Agreement to reflect each transfer and updating the “Number of Forward Purchase UnitsShares” and “Aggregate Purchase Price for Forward Purchase UnitsShares” on the Purchaser’s Purchasers’ signature page hereto to reflect such reduced number of Forward Purchase UnitsShares, and the Purchaser Purchasers shall be fully and unconditionally released from its their obligation to purchase such Transferee Securities hereunder. For the avoidance of doubt, this Agreement need not be amended and restated in its entirety, but only Schedule A and the Purchaser’s Purchasers’ signature page hereto need be so amended and updated and executed by each of the Purchaser Purchasers and the Company upon the occurrence of any such transfer of Transferee Securities.
Appears in 1 contract
Samples: Forward Purchase Agreement (Khosla Ventures Acquisition Co.)
Transfer. This Agreement Tenant shall not do any of the following (collectively referred to herein as a "Transfer"), without the prior written consent of Landlord, which consent shall not be unreasonably withheld, conditioned or delayed: (i) sublet all or any part of the Premises or allow it to be sublet, occupied or used by any person or entity other than Tenant; (ii) assign its interest in this Lease; (iii) mortgage or encumber the Lease (or otherwise use the Lease as a security device) in any manner; or (iv) materially amend or modify an assignment, sublease or other transfer that has been previously approved by Landlord. Tenant shall reimburse Landlord for all reasonable costs and attorneys' fees incurred by Landlord in connection with the evaluation, processing, and/or documentation of any requested Transfer, whether or not Landlord's consent is granted, in an amount not to exceed $1,500.00. Landlord's reasonable costs shall include the cost of any review or investigation performed by Landlord or consultant acting on Landlord's behalf of (i) Hazardous Materials used, stored, released, or disposed of by the potential Subtenant or Assignee, and/or (ii) violations of Hazardous Materials Law by the Tenant or the proposed Subtenant or Assignee. Any Transfer so approved by Landlord shall not be effective until Tenant has delivered to Landlord an executed counterpart of the document evidencing the Transfer which (i) is in a form reasonably approved by Landlord, (ii) contains the same terms and conditions as stated in Tenant's notice given to Landlord pursuant to Section 14.1B, and (iii) in the case of an assignment of the Lease, contains the agreement of the proposed transferee to assume all obligations of Tenant under this Lease arising after the effective date of such Transfer and to remain jointly and severally liable therefor with Tenant. Any attempted Transfer without Landlord's consent, after the expiration of any applicable notice and cure period, shall constitute an Event of Tenant's Default and shall be voidable at Landlord's option. Landlord's consent to any one Transfer shall not constitute a waiver of the provisions of this Section 14.1 as to any subsequent Transfer or a consent to any subsequent Transfer. No Transfer, even with the consent of Landlord, shall relieve Tenant of its personal and primary obligation to pay the rent and to perform all of the Purchaser’s rights and other obligations hereunder (including the Purchaser’s obligation to purchase the Forward Purchase Units) may be transferred or assigned, at any time and from time to time, in whole or in part, to one or more affiliates of the Purchaser (each such transferee, a “Transferee”). Upon any such assignment:
(i) the applicable Transferee shall execute a signature page to this Agreement, substantially in the form of the Purchaser’s signature page hereto (the “Joinder Agreement”), which shall reflect the number of Forward Purchase Units to be purchased performed by such Transferee (the “Transferee Securities”), and, upon such execution, such Transferee Tenant hereunder. The acceptance of rent by Landlord from any person shall have all the same rights and obligations of the Purchaser hereunder with respect to the Transferee Securities, and references herein to the “Purchaser” shall not be deemed to refer to and include be a waiver by Landlord of any such Transferee with respect to such Transferee and to its Transferee Securities; provided, that any representations, warranties, covenants and agreements provision of the Purchaser and any such Transferee shall be several and not joint and shall be made as to the Purchaser or any such Transferee, as applicable, as to itself only; and
(ii) upon a Transferee’s execution and delivery of a Joinder Agreement, the number of Forward Purchase Units this Lease nor to be purchased by the Purchaser hereunder shall be reduced by the total number of Forward Purchase Units a consent to be purchased by the applicable Transferee pursuant to the applicable Joinder Agreement, which reduction shall be evidenced by the Purchaser and the Company amending Schedule A to this Agreement to reflect each transfer and updating the “Number of Forward Purchase Units” and “Aggregate Purchase Price for Forward Purchase Units” on the Purchaser’s signature page hereto to reflect such reduced number of Forward Purchase Units, and the Purchaser shall be fully and unconditionally released from its obligation to purchase such Transferee Securities hereunder. For the avoidance of doubt, this Agreement need not be amended and restated in its entirety, but only Schedule A and the Purchaser’s signature page hereto need be so amended and updated and executed by each of the Purchaser and the Company upon the occurrence of any such transfer of Transferee SecuritiesTransfer.
Appears in 1 contract
Transfer. This Agreement and (a) During the term of this Agreement, no Shareholder shall sell, assign, transfer or otherwise convey or attempt to sell, assign, transfer or convey all or any of the Purchaser’s Trust Shares or any rights and obligations therein.
(b) Voting Trust Certificates issued by the Trustee hereunder (including the Purchaser’s obligation to purchase the Forward Purchase Units) may be transferred on the books of the Trustee upon the surrender and cancellation of such certificates duly endorsed by the registered holder thereof, with signature Medallion Guaranteed. Except as provided in Section 6 of this Agreement, delivery of such voting trust certificates, duly endorsed in blank, by the registered holder thereof, as aforesaid, shall vest title thereto and all rights thereunder in the transferees to the same extent and for all purposes as would delivery under like circumstances of negotiable instruments payable to bearer; provided, however, that the Trustee may treat the holders of record thereof, or assignedwhen presented duly endorsed, as aforesaid in blank, the bearers thereof, as the owners thereof for all purposes whatsoever, and shall not be affected by any notice to the contrary; provided further, that the Trustee shall not be required to deliver any certificates hereunder without the surrender of Voting Trust Certificates calling therefor. Title to the Voting Trust Certificates, when duly endorsed and Medallion Guaranteed as aforesaid, shall, to the extent permitted by law, be transferable with the same effect as in the case of negotiable instruments. Every transferee of any Voting Trust Certificate or certificates issued hereunder shall by the acceptance of such Voting Trust Certificate or certificates become a party hereto with like effect as though an original party hereto, and shall be embraced within the meaning of the term "Shareholders" whenever used herein.
(c) In connection with, and as a condition of, making or permitting any transfer or delivery of share certificates or other securities or Voting Trust Certificates under any provision of this Agreement, the Trustee may require the payment of a sum sufficient to pay or reimburse him for any stamp tax or other governmental charge in connection therewith. The transfer books for Voting Trust Certificates may be closed by the Trustee, at any time and from time prior to timethe payment or distribution of dividends, or for any other purpose, or the Trustee, in whole his discretion, in lieu of closing the transfer books, may fix a date as the day as of which the registered holders of voting trust certificates entitled to such payment or in part, to one distribution or more affiliates of the Purchaser (each for such transferee, a “Transferee”). Upon any such assignment:
(i) the applicable Transferee shall execute a signature page to this Agreement, substantially in the form of the Purchaser’s signature page hereto (the “Joinder Agreement”), which shall reflect the number of Forward Purchase Units to be purchased by such Transferee (the “Transferee Securities”), and, upon such execution, such Transferee shall have all the same rights and obligations of the Purchaser hereunder with respect to the Transferee Securities, and references herein to the “Purchaser” other purpose shall be deemed to refer to and include any such Transferee with respect to such Transferee and to its Transferee Securities; provided, that any representations, warranties, covenants and agreements of the Purchaser and any such Transferee shall be several and not joint and shall be made as to the Purchaser or any such Transferee, as applicable, as to itself only; and
(ii) upon a Transferee’s execution and delivery of a Joinder Agreement, the number of Forward Purchase Units to be purchased by the Purchaser hereunder shall be reduced by the total number of Forward Purchase Units to be purchased by the applicable Transferee pursuant to the applicable Joinder Agreement, which reduction shall be evidenced by the Purchaser and the Company amending Schedule A to this Agreement to reflect each transfer and updating the “Number of Forward Purchase Units” and “Aggregate Purchase Price for Forward Purchase Units” on the Purchaser’s signature page hereto to reflect such reduced number of Forward Purchase Units, and the Purchaser shall be fully and unconditionally released from its obligation to purchase such Transferee Securities hereunder. For the avoidance of doubt, this Agreement need not be amended and restated in its entirety, but only Schedule A and the Purchaser’s signature page hereto need be so amended and updated and executed by each of the Purchaser and the Company upon the occurrence of any such transfer of Transferee Securitiesdetermined.
Appears in 1 contract
Transfer. This Agreement and all of the Purchaser’s rights and obligations hereunder (including the Purchaser’s obligation to purchase the Forward Purchase Units) Debenture may be transferred or assigned, at any time and from time to time, in whole or in part, to one or more affiliates on the books of the Purchaser (each such transfereeBorrower by the registered Holder hereof, a “Transferee”). Upon any such assignment:
or by Holder's attorney duly authorized in writing, only upon (i) delivery to the applicable Transferee Borrower of a duly executed assignment of the Debenture, or part thereof, to the proposed new Holder, along with a current notation of the amount of payments received and net Principal Amount yet unfunded, and presentment of such Debenture to the Borrower for issue of a replacement Debenture, or Debentures, in the name of the new Holder, (ii) the designation by the new Holder of the Lender's agent for notice, such agent to be the sole party to whom Borrower shall execute a signature page be required to this provide notice when notice to Lender is required hereunder and who shall be the sole party authorized to represent Lender in regard to modification or waivers under the Debenture, the Loan Agreement, substantially in the form or other Loan Documents; and any action, consent or waiver, (other than a compromise of the Purchaser’s signature page hereto (the “Joinder Agreement”principal and interest), which shall reflect the number of Forward Purchase Units to be purchased when given or taken by such Transferee (the “Transferee Securities”)Lender's agent for notice, and, upon such execution, such Transferee shall have all the same rights and obligations of the Purchaser hereunder with respect to the Transferee Securities, and references herein to the “Purchaser” shall be deemed to refer to and include any such Transferee with respect to such Transferee and to its Transferee Securities; provided, that any representations, warranties, covenants and agreements be the action of the Purchaser holders of a majority in amount of the Principal Amount of the Debentures, as such holders are recorded on the books of the Borrower, and any such Transferee shall be several and (iii) in compliance with the legend to read "The Securities represented by this Debenture have not joint been registered under the Securities Act of 1933, as amended ("Act"), or applicable state securities laws ("State Acts") and shall not be made sold, hypothecated, donated or otherwise transferred unless the Company shall have received an opinion of Legal Counsel for the Company, or such other evidence as may be satisfactory to Legal Counsel for the Company, to the Purchaser or any such Transferee, as applicable, as to itself only; and
(ii) upon a Transferee’s execution and delivery of a Joinder Agreement, the number of Forward Purchase Units to be purchased by the Purchaser hereunder shall be reduced by the total number of Forward Purchase Units to be purchased by the applicable Transferee pursuant to the applicable Joinder Agreement, which reduction shall be evidenced by the Purchaser and the Company amending Schedule A to this Agreement to reflect each transfer and updating the “Number of Forward Purchase Units” and “Aggregate Purchase Price for Forward Purchase Units” on the Purchaser’s signature page hereto to reflect such reduced number of Forward Purchase Units, and the Purchaser shall be fully and unconditionally released from its obligation to purchase such Transferee Securities hereunder. For the avoidance of doubt, this Agreement need not be amended and restated in its entirety, but only Schedule A and the Purchaser’s signature page hereto need be so amended and updated and executed by each of the Purchaser and the Company upon the occurrence of effect that any such transfer shall not require registration under the Act and the State Acts." The Borrower shall be entitled to treat any holder of Transferee Securitiesrecord of the Debenture as the Holder in fact thereof and of the Debenture and shall not be bound to recognize any equitable or other claim to or interest in this Debenture in the name of any other person, whether or not it shall have express or other notice thereof, save as expressly provided by the laws of Texas.
Appears in 1 contract
Transfer. This Agreement and all All of the Purchaser’s rights and obligations hereunder (including with respect to the Purchaser’s obligation to purchase the Forward Committed Purchase Units) may be transferred or assigned, at any time and from time to time, but in no event later than immediately prior to the Business Combination Closing, and in whole or in part, to one any entity that is an affiliate of SoftBank Group Corp., or more affiliates to any officer or director of the Purchaser Company, but not to other third parties (each such transfereetransferee or assignee, a “Transferee”). Upon any such transfer or assignment:
(ia) the applicable Transferee shall execute a signature page to this Agreement, substantially in the form of the Purchaser’s signature page hereto (the “Joinder Agreement”), which shall reflect the number of Forward Purchase Units to be purchased by such Transferee shall have the right to purchase (the “Transferee Securities”), and, upon such execution, such Transferee shall have all the same rights and obligations of the Purchaser hereunder with respect to the Transferee Securities, and references herein to the “Purchaser” shall be deemed to refer to and include any such Transferee with respect to such Transferee and to its Transferee Securities; provided, that any representations, warranties, covenants and agreements of the Purchaser and any such Transferee shall be several and not joint and shall be made as to the Purchaser or any such Transferee, as applicable, as to itself only; and
(iib) upon a Transferee’s execution and delivery of a Joinder Agreement, the number of Forward Purchase Units permitted to be purchased by the Purchaser hereunder shall be reduced by the total number of Forward Purchase Units permitted to be purchased by the applicable Transferee pursuant to the applicable Joinder Agreement, which reduction shall be evidenced by the Purchaser and the Company amending Schedule A to this Agreement to reflect each transfer and updating the “Number of Forward Purchase Units” ”, and “Aggregate Purchase Price for Forward Purchase Units” on the Purchaser’s signature page hereto to reflect such reduced number of Forward Purchase Units, and the Purchaser shall be fully and unconditionally released from its obligation to purchase such Transferee Securities hereunder. For the avoidance of doubt, this Agreement need not be amended and restated in its entirety, but only Schedule A and the Purchaser’s signature page hereto need be so amended and updated and executed by each of the Purchaser and the Company upon the occurrence of any such transfer of Transferee Securities.
Appears in 1 contract
Transfer. This Agreement and all of the Purchaser’s rights and obligations hereunder (including the Purchaser’s obligation to purchase the Forward Purchase Units) The Subscription Receipts may only be transferred on the register kept by the Subscription Receipt Agent at the principal office by a holder or assignedits legal representatives or its attorney duly appointed by an instrument in writing in form and execution satisfactory to the Subscription Receipt Agent only upon (i) in the case of Certificated Subscription Receipts, surrendering to the Subscription Receipt Agent at any time the principal office the Subscription Receipt Certificates representing the Subscription Receipts to be transferred together with a duly executed form of transfer (in the form attached to the Subscription Receipt Certificate as set out in Schedule “A” attached hereto); (ii) in the case of Uncertificated Subscription Receipts, surrendering to the Subscription Receipt Agent at the principal office instruction from the holder in form reasonably satisfactory to the Subscription Receipt Agent; (iii) in the case of CDS Subscription Receipts, compliance with Applicable Procedures prescribed by the Depository under the book entry registration system; and from time to time, in whole or in part, to one or more affiliates of the Purchaser (each such transferee, a “Transferee”). Upon any such assignmentiv) compliance with:
(i) the applicable Transferee shall execute a signature page to this Agreement, substantially in conditions herein;
(ii) such reasonable requirements as the form of the Purchaser’s signature page hereto (the “Joinder Agreement”), which shall reflect the number of Forward Purchase Units to be purchased by such Transferee (the “Transferee Securities”), and, upon such execution, such Transferee shall have all the same rights and obligations of the Purchaser hereunder with respect to the Transferee Securities, and references herein to the “Purchaser” shall be deemed to refer to and include any such Transferee with respect to such Transferee and to its Transferee Securities; provided, that any representations, warranties, covenants and agreements of the Purchaser and any such Transferee shall be several and not joint and shall be made as to the Purchaser or any such Transferee, as applicable, as to itself onlySubscription Receipt Agent may prescribe; and
(iiiii) upon a Transferee’s execution all applicable securities laws and delivery requirements of regulatory authorities; and such transfer shall be duly noted in such register by the Subscription Receipt Agent. Upon compliance with such requirements, the Subscription Receipt Agent shall issue to the transferee of a Joinder AgreementCertificated Subscription Receipt, a Subscription Receipt Certificate representing the number of Forward Purchase Units to be purchased by the Purchaser hereunder shall be reduced by the total number of Forward Purchase Units to be purchased by the applicable Transferee pursuant Subscription Receipts transferred, and to the applicable Joinder Agreementtransferee of an Uncertificated Subscription Receipt, which reduction an Uncertificated Subscription Receipt (or it shall be evidenced by Authenticate and deliver a Certificated Subscription Receipt instead, upon request) representing the Purchaser and the Company amending Schedule A to this Agreement to reflect each transfer and updating the “Number of Forward Purchase Units” and “Aggregate Purchase Price for Forward Purchase Units” on the Purchaser’s signature page hereto to reflect such reduced number of Forward Purchase UnitsSubscription Receipts transferred, and the Purchaser transferee of a CDS Subscription Receipt shall be fully recorded through the relevant Book Entry Participant in accordance with the book entry registration system as the entitlement holder in respect of such Subscription Receipts. Transfers within the systems of the Depository are not the responsibility of the Subscription Receipt Agent and unconditionally released from its obligation to purchase such Transferee Securities hereunder. For the avoidance of doubt, this Agreement need will not be amended and restated in its entirety, but only Schedule A and noted on the Purchaser’s signature page hereto need be so amended and updated and executed register maintained by each of the Purchaser and the Company upon the occurrence of any such transfer of Transferee SecuritiesSubscription Receipt Agent.
Appears in 1 contract
Samples: Subscription Receipt Agreement
Transfer. This Agreement and all of the Purchaser’s rights and obligations hereunder (including the Purchaser’s obligation to purchase the Forward Purchase Units) Convertible Note may be transferred on the books of --------- the Borrower by the registered Holder hereof, or assignedby Holder`s attorney duly authorized in writing, at any time and from time to time, in whole or in part, to one or more affiliates of the Purchaser (each such transferee, a “Transferee”). Upon any such assignment:
only upon (i) delivery to the applicable Transferee Borrower of a duly executed assignment of the Convertible Note, or part thereof, to the proposed new Holder, along with a current notation of the amount of payments received and net Principal Amount yet unfunded, and presentment of such Convertible Note to the Borrower for issue of a replacement Convertible Note, or Convertible Notes, in the name of the new Holder, (ii) the designation by the new Holder of the Lender`s agent for notice, such agent to be the sole party to whom Borrower shall execute a signature page be required to this provide notice when notice to Lender is required hereunder and who shall be the sole party authorized to represent Lender in regard to modification or waivers under the Convertible Note, the Loan Agreement, substantially in the form or other Loan Documents; and any action, consent or waiver, (other than a compromise of the Purchaser’s signature page hereto (the “Joinder Agreement”principal and interest), which shall reflect the number of Forward Purchase Units to be purchased when given or taken by such Transferee (the “Transferee Securities”)Lender`s agent for notice, and, upon such execution, such Transferee shall have all the same rights and obligations of the Purchaser hereunder with respect to the Transferee Securities, and references herein to the “Purchaser” shall be deemed to refer to and include any such Transferee with respect to such Transferee and to its Transferee Securities; provided, that any representations, warranties, covenants and agreements be the action of the Purchaser holders of a majority in amount of the Principal Amount of the Convertible Notes, as such holders are recorded on the books of the Borrower, and any such Transferee shall be several and (iii) in compliance with the legend to read "The Securities represented by this Convertible Note have not joint been registered under the Securities Act of 1933, as amended ("Act"), or applicable state securities laws ("State Acts") and shall not be made sold, hypothecated, donated or otherwise transferred unless the Borrower shall have received an opinion of Legal Counsel for the Borrower, or such other evidence as may be satisfactory to Legal Counsel for the Borrower, to the Purchaser or any such Transferee, as applicable, as to itself only; and
(ii) upon a Transferee’s execution and delivery of a Joinder Agreement, the number of Forward Purchase Units to be purchased by the Purchaser hereunder shall be reduced by the total number of Forward Purchase Units to be purchased by the applicable Transferee pursuant to the applicable Joinder Agreement, which reduction shall be evidenced by the Purchaser and the Company amending Schedule A to this Agreement to reflect each transfer and updating the “Number of Forward Purchase Units” and “Aggregate Purchase Price for Forward Purchase Units” on the Purchaser’s signature page hereto to reflect such reduced number of Forward Purchase Units, and the Purchaser shall be fully and unconditionally released from its obligation to purchase such Transferee Securities hereunder. For the avoidance of doubt, this Agreement need not be amended and restated in its entirety, but only Schedule A and the Purchaser’s signature page hereto need be so amended and updated and executed by each of the Purchaser and the Company upon the occurrence of effect that any such transfer shall not require registration under the Act and the State Acts." The Borrower shall be entitled to treat any holder of Transferee Securitiesrecord of the Convertible Note as the Holder in fact thereof and of the Convertible Note and shall not be bound to recognize any equitable or other claim to or interest in this Convertible Note in the name of any other person, whether or not it shall have express or other notice thereof, save as expressly provided by the laws of Texas.
Appears in 1 contract
Samples: Convertible Note (Trimedia Entertainment Group Inc)
Transfer. This Agreement and all of the Purchaser’s rights and obligations hereunder (including the Purchaser’s obligation to purchase the Forward Purchase Units) The Subscription Receipts may only be transferred on the register kept by the Subscription Receipt Agent at the principal office by a holder or assignedits legal representatives or its attorney duly appointed by an instrument in writing in form and execution satisfactory to the Subscription Receipt Agent only upon (i) in the case of Subscription Receipt Certificates, surrendering to the Subscription Receipt Agent at any time the principal office the Subscription Receipt Certificates representing the Subscription Receipts to be transferred together with a duly executed form of transfer (in the form attached to the Subscription Receipt Certificate as set out in Schedule “A” attached hereto); (ii) in the case of Uncertificated Subscription Receipts, surrendering to the Subscription Receipt Agent at the principal office instruction from the holder in form reasonably satisfactory to the Subscription Receipt Agent; (iii) in the case of CDS Subscription Receipts, compliance with Applicable Procedures prescribed by the Depository under the book entry registration system; and from time to time, in whole or in part, to one or more affiliates of the Purchaser (each such transferee, a “Transferee”). Upon any such assignmentiv) compliance with:
(ia) the applicable Transferee shall execute a signature page to this Agreement, substantially in conditions herein;
(b) the form Corporation’s articles of incorporation;
(c) such reasonable requirements as the Purchaser’s signature page hereto (the “Joinder Agreement”), which shall reflect the number of Forward Purchase Units to be purchased by such Transferee (the “Transferee Securities”), and, upon such execution, such Transferee shall have all the same rights and obligations of the Purchaser hereunder with respect to the Transferee Securities, and references herein to the “Purchaser” shall be deemed to refer to and include any such Transferee with respect to such Transferee and to its Transferee Securities; provided, that any representations, warranties, covenants and agreements of the Purchaser and any such Transferee shall be several and not joint and shall be made as to the Purchaser or any such Transferee, as applicable, as to itself onlySubscription Receipt Agent may prescribe; and
(iid) upon a Transferee’s execution all applicable securities laws and delivery requirements of regulatory authorities; and such transfer shall be duly noted in such register by the Subscription Receipt Agent. Upon compliance with such requirements, the Subscription Receipt Agent shall issue to the transferee of a Joinder AgreementCertificated Subscription Receipt, a Subscription Receipt Certificate representing the number of Forward Purchase Units to be purchased by the Purchaser hereunder shall be reduced by the total number of Forward Purchase Units to be purchased by the applicable Transferee pursuant Subscription Receipts transferred, and to the applicable Joinder Agreementtransferee of an Uncertificated Subscription Receipt, which reduction an Uncertificated Subscription Receipt (or it shall be evidenced by Authenticate and deliver a Certificated Subscription Receipt instead, upon request) representing the Purchaser and the Company amending Schedule A to this Agreement to reflect each transfer and updating the “Number of Forward Purchase Units” and “Aggregate Purchase Price for Forward Purchase Units” on the Purchaser’s signature page hereto to reflect such reduced number of Forward Purchase UnitsSubscription Receipts transferred, and the Purchaser transferee of a CDS Subscription Receipt shall be fully recorded through the relevant Book Entry Participant in accordance with the book entry registration system as the entitlement holder in respect of such Subscription Receipts. Transfers within the systems of the Depository are not the responsibility of the Subscription Receipt Agent and unconditionally released from its obligation to purchase such Transferee Securities hereunder. For the avoidance of doubt, this Agreement need will not be amended and restated in its entirety, but only Schedule A and noted on the Purchaser’s signature page hereto need be so amended and updated and executed register maintained by each the Subscription Receipt Agent. No duty shall rest with the Subscription Receipt Agent to determine compliance of the Purchaser transferor or transferee with applicable securities laws. The Subscription Receipt Agent shall be entitled to assume that all transfers are legal and the Company upon the occurrence of any such transfer of Transferee Securitiesproper.
Appears in 1 contract
Samples: Subscription Receipt Agreement
Transfer. This Agreement and all of the Purchaser’s rights and obligations hereunder (including the Purchaser’s obligation to purchase the Forward Purchase UnitsSecurities) may be transferred or assigned, at any time and from time to time, in whole or in part, to one or more affiliates of the Purchaser third parties (each such transferee, a “Transferee”). Upon any such assignment:
(ia) the applicable Transferee shall execute a signature page to this Agreement, substantially in the form of the Purchaser’s signature page hereto (the “Joinder Agreement”), which shall reflect the number of Forward Purchase Units Shares and Forward Purchase Warrants to be purchased by such Transferee (the “Transferee Securities”), and, upon such execution, such Transferee shall have all the same rights and obligations of the Purchaser hereunder with respect to the Transferee Securities, and references herein to the “Purchaser” shall be deemed to refer to and include any such Transferee with respect to such Transferee and to its Transferee Securities; provided, provided that any representations, warranties, covenants and agreements of the Purchaser and any such Transferee shall be several and not joint and shall be made as to the Purchaser or any such Transferee, as applicable, as to itself only; and
(iib) upon a Transferee’s execution and delivery of a Joinder Agreement, . the number of Forward Purchase Units Shares and Forward Purchase Warrants to be purchased by the Purchaser hereunder shall be reduced by the total number of Forward Purchase Units Shares and Forward Purchase Warrants to be purchased by the applicable Transferee pursuant to the applicable Joinder Agreement, which reduction shall be evidenced by the Purchaser and the Company amending Schedule A to this Agreement to reflect each transfer and updating the “Number of Forward Purchase Units” and “Aggregate Purchase Price for Forward Purchase Units” on the Purchaser’s signature page hereto to reflect such reduced number of Forward Purchase UnitsSecurities to be purchased by the Purchaser, and upon the execution of Schedule A by the Purchaser and the Company the Purchaser shall be fully and unconditionally released from its obligation to purchase such Transferee Securities hereunder. For the avoidance of doubt, this Agreement need not be amended and restated in its entirety, but only Schedule A and the Purchaser’s signature page hereto need be so amended and updated and executed by each of the Purchaser and the Company upon the occurrence of any such transfer of Transferee Securities.
Appears in 1 contract
Samples: Forward Purchase Agreement (Vista Oil & Gas, S.A.B. De C.V.)
Transfer. This Agreement Upon the terms and subject to the conditions hereof on the Settlement Date, the Closing Date Seller hereby irrevocably grants to the Issuer, and the Issuer hereby acquires from the Closing Date Seller, an undivided participation interest in each Transferred Asset, which interest shall be understood to include all of (or, in the Purchasercase of a Partially-Participated Asset, the Issuer’s rights Pro Rata Share of) the Closing Date Seller’s right, title, benefit and obligations hereunder interest in and to any interest accruing from and after the Settlement Date, any Interest Proceeds and Principal Proceeds and any other payments, proceeds or other period distributions to the extent provided in Section 2.02 (including collectively, “Income Collections”) and, to the Purchaser’s obligation extent permitted to purchase the Forward Purchase Units) may be transferred under applicable law and under the applicable transfer document or assigned, at any time and from time to timeassignment agreement (or, in whole or in part, to one or more affiliates the case of the Purchaser (each such transferee, a “Transferee”). Upon any such assignment:
(i) the applicable Transferee shall execute a signature page to this Agreement, substantially Underlying Instrument that is in the form of a note, any chain of endorsement) executed and delivered in connection with a Transferred Asset, all claims, causes of action and any other right of the Purchaser’s signature page hereto Closing Date Seller (in its capacity as a lender under such documentation), whether known or unknown, against any Obligor or any of its affiliates, agents, representatives, contractors, advisors or other Person arising under or in connection with such documentation or that is in any way based on or related to any of the foregoing or the loan transactions governed thereby, including contract claims, tort claims, malpractice claims, statutory claims and all other claims at law or in equity related to the rights and obligations sold and purchased pursuant to this Agreement (each, a “Participation Interest” and, collectively, the “Joinder AgreementParticipation Interests”), which shall reflect upon the number of Forward Purchase Units terms and subject to be purchased by such Transferee (the “Transferee Securities”), and, upon such execution, such Transferee shall have conditions set forth in this Agreement. The Issuer hereby assumes all the same rights obligations and obligations liabilities of the Purchaser hereunder Closing Date Seller as lender with respect to or in connection with each related Participation Interest arising or occurring on or after the Transferee Securities, and references herein Settlement Date. The consideration for the transfer of the Participation Interests from the Closing Date Seller to the “Purchaser” Issuer shall be deemed to refer to and include any such Transferee with respect to such Transferee and to its Transferee Securities; provided, that any representations, warranties, covenants and agreements consist of the Purchaser and any such Transferee shall be several and not joint and shall be made as cash paid to the Purchaser or Closing Date Seller by the Issuer. The parties hereto agree that, solely for administrative convenience, any such Transferee, as applicable, as amount paid in cash by the Issuer to itself only; and
(ii) upon a Transferee’s execution and delivery the Closing Date Seller pursuant to this Agreement on account of its purchase of a Joinder Agreement, the number of Forward Purchase Units Participation Interest to be purchased by the Purchaser conveyed hereunder shall be reduced treated for all purposes hereunder and under the Loan Sale Agreement as if such amount had been paid by the total number Issuer to the Transferor, in partial or full satisfaction of Forward Purchase Units its obligations to be purchased pay the purchase price of such initial Transferred Assets under the Loan Sale Agreement and/or a capital contribution by the applicable Transferee pursuant Transferor to the applicable Joinder AgreementClosing Date Seller; provided that the Issuer, which reduction shall be evidenced by the Purchaser Closing Date Seller and the Company amending Schedule A Transferor may agree to this Agreement to reflect each transfer net certain amounts payable hereunder with other amounts paid in connection with the sale of the Notes and updating incurrence of the Class A-1L Loans issued under the Indenture and the distribution of the proceeds thereof. The Participation Interests are the “Number of Forward Purchase UnitsClosing Date Participation Interests” referred to in the Loan Sale Agreement and “Aggregate Purchase Price for Forward Purchase Units” on in the Purchaser’s signature page hereto to reflect such reduced number of Forward Purchase Units, and the Purchaser shall be fully and unconditionally released from its obligation to purchase such Transferee Securities hereunder. For the avoidance of doubt, this Agreement need not be amended and restated in its entirety, but only Schedule A and the Purchaser’s signature page hereto need be so amended and updated and executed by each of the Purchaser and the Company upon the occurrence of any such transfer of Transferee SecuritiesIndenture.
Appears in 1 contract
Samples: Master Participation and Assignment Agreement (Bain Capital Specialty Finance, Inc.)
Transfer. This Agreement and all of the Purchaser’s rights and obligations hereunder (including the Purchaser’s obligation to purchase the Forward Purchase Units) The Subscription Receipts may only be transferred on the register kept by the Subscription Receipt Agent at the principal office by the holder or assignedits legal representatives or its attorney duly appointed by an instrument in writing in form and execution satisfactory to the Subscription Receipt Agent only upon (1) in the case of a Subscription Receipt Certificate, surrendering to the Subscription Receipt Agent at any time and from time the principal office the Subscription Receipt Certificates representing the Subscription Receipts to timebe transferred together with a duly executed form of transfer (in the form attached to the Subscription Receipt Certificate as set out in Schedule “A”) , (2) in the case of Book Entry Subscription Receipts, in whole or accordance with Applicable Procedures prescribed by the Depository under the book entry registration system; (3) in partthe case of Uncertificated Subscription Receipts, surrendering to one or more affiliates of the Purchaser Subscription Receipt Agent at the Subscription Receipt Agency, written instructions from the holder in form reasonably satisfactory to the Subscription Receipt Agent); and (each such transferee, a “Transferee”). Upon any such assignment4) upon compliance with:
(i) the applicable Transferee shall execute a signature page to this Agreement, substantially in conditions herein;
(ii) such reasonable requirements as the form of the Purchaser’s signature page hereto (the “Joinder Agreement”), which shall reflect the number of Forward Purchase Units to be purchased by such Transferee (the “Transferee Securities”), and, upon such execution, such Transferee shall have all the same rights and obligations of the Purchaser hereunder with respect to the Transferee Securities, and references herein to the “Purchaser” shall be deemed to refer to and include any such Transferee with respect to such Transferee and to its Transferee Securities; provided, that any representations, warranties, covenants and agreements of the Purchaser and any such Transferee shall be several and not joint and shall be made as to the Purchaser or any such Transferee, as applicable, as to itself onlySubscription Receipt Agent may prescribe; and
(iiiii) upon a Transferee’s execution all Applicable Legislation and delivery requirements of regulatory authorities; and such transfer shall be duly noted in such register by the Subscription Receipt Agent. Upon compliance with such requirements, the Subscription Receipt Agent shall issue to the transferee of a Joinder AgreementCertificated Subscription Receipt, a new Subscription Receipt Certificate, and to the number transferee of Forward Purchase Units to an Uncertificated Subscription Receipt, an Uncertificated Subscription Receipt (or it shall Authenticate and deliver a Certificated Subscription Receipt instead, upon request), representing the Subscription Receipts transferred and the transferee of a Book Entry Subscription Receipt shall be purchased recorded through the relevant Book Entry Participant in accordance with the book entry registration system as the entitlement holder in respect of such Subscription Receipts. Transfers within the systems of the Depository are not the responsibility of the Subscription Receipt Agent and will not be noted on the register maintained by the Purchaser hereunder shall be reduced by the total number of Forward Purchase Units to be purchased by the applicable Transferee pursuant to the applicable Joinder Agreement, which reduction shall be evidenced by the Purchaser and the Company amending Schedule A to this Agreement to reflect each transfer and updating the “Number of Forward Purchase Units” and “Aggregate Purchase Price for Forward Purchase Units” on the Purchaser’s signature page hereto to reflect such reduced number of Forward Purchase Units, and the Purchaser shall be fully and unconditionally released from its obligation to purchase such Transferee Securities hereunder. For the avoidance of doubt, this Agreement need not be amended and restated in its entirety, but only Schedule A and the Purchaser’s signature page hereto need be so amended and updated and executed by each of the Purchaser and the Company upon the occurrence of any such transfer of Transferee SecuritiesSubscription Receipt Agent.
Appears in 1 contract
Samples: Subscription Receipt Agreement
Transfer. This Agreement and Tenant shall not, without Landlord’s prior written consent, which consent may be withheld or conditioned in Landlord’s sole discretion, convey, assign or encumber this Lease or any interest herein, directly or indirectly, voluntarily or by operation of law, including the merger or consolidation of Tenant with or into another entity, or sublet all or any portion of the Purchaser’s rights and obligations hereunder (including Premises, or permit the Purchaser’s obligation to purchase the Forward Purchase Units) may be transferred use or assigned, at occupancy of any time and from time to time, in whole or in part, to one or more affiliates part of the Purchaser Premises by anyone other than Tenant (each such transfereecollectively, a the “TransfereeTransfer”). Upon If Tenant is other than an individual, any change in “control” of Tenant shall constitute a Transfer, and the surviving party in control shall be the Transferee. “Control” means the direct or indirect power to direct or cause direction of the management and policies of an entity, whether through ownership of voting securities, by contract or otherwise. Conversely, Tenant shall not sublease space from, or assume the lease obligations of, another Tenant in the Building without Landlord’s prior written consent. Following any Transfer, Tenant (and any guarantors) shall remain fully liable under this Lease, as then or thereafter amended with or without notice to or consent of Tenant (or any guarantors), and Landlord may proceed directly under this Lease against Tenant (or any guarantor) without first proceeding against any other party. Tenant shall give Landlord written notice of any proposed Transfer at least thirty (30) days prior to the anticipated effective date of the proposed Transfer, which notice shall include a complete detailed written description of the Transfer; the name, address, business and intended use of the Transferee; a current audited financial statement for the Transferee certified by a recognized accounting firm; a copy of the proposed Transfer document; appropriate evidence of the existence, good standing and signature authority of the Transferee in the State; and such assignment:
other pertinent information as Landlord reasonably requests, together with Landlord’s administrative fee set forth in Section 27(c) below. If the proposed Transferee is subject to any new requirements under any applicable laws (including Americans with Disabilities Act), (i) the applicable Transferee Tenant shall execute a signature page be liable for any costs or expenses to this Agreement, substantially in the form of the Purchaser’s signature page hereto (the “Joinder Agreement”), which shall reflect the number of Forward Purchase Units to be purchased by comply with such Transferee (the “Transferee Securities”), and, upon such execution, such Transferee shall have all the same rights and obligations of the Purchaser hereunder with respect to the Transferee Securitiesrequirements, and references herein to the “Purchaser” shall be deemed to refer to and include any such Transferee with respect to such Transferee and to its Transferee Securities; provided, that any representations, warranties, covenants and agreements of the Purchaser and any such Transferee shall be several and not joint and shall be made as to the Purchaser or any such Transferee, as applicable, as to itself only; and
(ii) upon a Transferee’s execution and delivery of a Joinder Agreement, the number of Forward Purchase Units to be purchased by the Purchaser hereunder shall be reduced by the total number of Forward Purchase Units to be purchased by the applicable Transferee pursuant to the applicable Joinder Agreementextent such requirements require alterations, which reduction Tenant shall be evidenced deliver for Landlord’s approval plans and specifications complying with such additional requirements and acceptable security assuring timely, lien-free completion of construction. If the aggregate consideration paid to Tenant for a Transfer exceeds that payable by Tenant under this Lease (prorated according to the Purchaser and the Company amending Schedule A Transferred interest), then Tenant shall, within fifteen (15) days after receipt, pay such excess to this Agreement to reflect each transfer and updating the “Number of Forward Purchase Units” and “Aggregate Purchase Price for Forward Purchase Units” on the Purchaser’s signature page hereto to reflect such reduced number of Forward Purchase Units, and the Purchaser shall be fully and unconditionally released from its obligation to purchase such Transferee Securities hereunder. For the avoidance of doubt, this Agreement need not be amended and restated in its entirety, but only Schedule A and the Purchaser’s signature page hereto need be so amended and updated and executed by each of the Purchaser and the Company upon the occurrence of any such transfer of Transferee SecuritiesLandlord.
Appears in 1 contract
Samples: Lease Agreement (American International Holdings Corp.)
Transfer. This Agreement Tenant shall not do any of the following (collectively referred to herein as a “Transfer”), whether voluntarily, involuntarily or by operation of law, without the prior written consent of Landlord, which consent shall not be unreasonably withheld: (i) sublet all or any part of the Premises or allow it to be sublet, occupied or used by any person or entity other than Tenant; (ii) assign its interest in this Lease; (iii) mortgage or encumber the Lease (or otherwise use the Lease as a security device) in any manner; or (iv) materially amend or modify an assignment, sublease or other transfer that has been previously approved by Landlord. Tenant shall reimburse Landlord for all reasonable costs and attorneys’ fees incurred by Landlord in connection with the evaluation, processing, and/or documentation of any requested Transfer, whether or not Landlord’s consent is granted, up to a maximum reimbursement of two thousand five hundred dollars ($2,500.00). Landlord’s reasonable costs shall include the cost of any review or investigation performed by Landlord or consultant acting on Landlord’s behalf of (A) Hazardous Materials used, stored, released, or disposed of by the potential Subtenant of Assignee, and/or (B) violations of Hazardous Materials Law by the Tenant or the proposed Subtenant or Assignee. Any Transfer so approved by Landlord shall not be effective until Tenant has delivered to Landlord an executed counterpart of the document evidencing the Transfer which (1) is in a form reasonably approved by Landlord, (2) contains the same terms and conditions as stated in Tenant’s notice given to Landlord pursuant to Section 14.1(b), and (3) in the case of an assignment of the Lease, contains the agreement of the proposed transferee to assume all obligations of Tenant under this Lease arising after the effective date of such Transfer and to remain jointly and severally liable therefor with Tenant. Any attempted Transfer without Landlord’s consent shall constitute an Event of Tenant’s Default and shall be voidable at Landlord’s option. Landlord’s consent to any one Transfer shall not constitute a waiver of the provisions of this Section 14.1 as to any subsequent Transfer or a consent to any subsequent Transfer. No Transfer, even with the consent of Landlord, shall relieve Tenant of its personal and primary obligation to pay the rent and to perform all of the Purchaser’s rights and other obligations hereunder (including the Purchaser’s obligation to purchase the Forward Purchase Units) may be transferred or assigned, at any time and from time to time, in whole or in part, to one or more affiliates of the Purchaser (each such transferee, a “Transferee”). Upon any such assignment:
(i) the applicable Transferee shall execute a signature page to this Agreement, substantially in the form of the Purchaser’s signature page hereto (the “Joinder Agreement”), which shall reflect the number of Forward Purchase Units to be purchased performed by such Transferee (the “Transferee Securities”), and, upon such execution, such Transferee Tenant hereunder. The acceptance of rent by Landlord from any person shall have all the same rights and obligations of the Purchaser hereunder with respect to the Transferee Securities, and references herein to the “Purchaser” shall not be deemed to refer to and include be a waiver by Landlord of any such Transferee with respect to such Transferee and to its Transferee Securities; provided, that any representations, warranties, covenants and agreements provision of the Purchaser and any such Transferee shall be several and not joint and shall be made as to the Purchaser or any such Transferee, as applicable, as to itself only; and
(ii) upon a Transferee’s execution and delivery of a Joinder Agreement, the number of Forward Purchase Units this Lease nor to be purchased by the Purchaser hereunder shall be reduced by the total number of Forward Purchase Units a consent to be purchased by the applicable Transferee pursuant to the applicable Joinder Agreement, which reduction shall be evidenced by the Purchaser and the Company amending Schedule A to this Agreement to reflect each transfer and updating the “Number of Forward Purchase Units” and “Aggregate Purchase Price for Forward Purchase Units” on the Purchaser’s signature page hereto to reflect such reduced number of Forward Purchase Units, and the Purchaser shall be fully and unconditionally released from its obligation to purchase such Transferee Securities hereunder. For the avoidance of doubt, this Agreement need not be amended and restated in its entirety, but only Schedule A and the Purchaser’s signature page hereto need be so amended and updated and executed by each of the Purchaser and the Company upon the occurrence of any such transfer of Transferee SecuritiesTransfer.
Appears in 1 contract
Samples: Lease (COUPONS.com Inc)
Transfer. This Agreement and all of the Purchaser’s rights and obligations hereunder (including the Purchaser’s obligation to purchase the Forward Purchase Units) Convertible Note may be transferred or assigned, at any time and from time to time, in whole or in part, to one or more affiliates on the books of the Purchaser (each such transferee-------- Borrower by the registered Holder hereof, a “Transferee”). Upon any such assignment:
or by Holder's attorney duly authorized in writing, only upon (i) delivery to the applicable Transferee Borrower of a duly executed assignment of the Convertible Note, or part thereof, to the proposed new Holder, along with a current notation of the amount of payments received and net Principal Amount yet unfunded, and presentment of such Convertible Note to the Borrower for issue of a replacement Convertible Note, or Convertible Notes, in the name of the new Holder, (ii) the designation by the new Holder of the Lender's agent for notice, such agent to be the sole party to whom Borrower shall execute a signature page be required to this provide notice when notice to Lender is required hereunder and who shall be the sole party authorized to represent Lender in regard to modification or waivers under the Convertible Note, the Loan Agreement, substantially in the form or other Loan Documents; and any action, consent or waiver, (other than a compromise of the Purchaser’s signature page hereto (the “Joinder Agreement”principal and interest), which shall reflect the number of Forward Purchase Units to be purchased when given or taken by such Transferee (the “Transferee Securities”)Lender's agent for notice, and, upon such execution, such Transferee shall have all the same rights and obligations of the Purchaser hereunder with respect to the Transferee Securities, and references herein to the “Purchaser” shall be deemed to refer to and include any such Transferee with respect to such Transferee and to its Transferee Securities; provided, that any representations, warranties, covenants and agreements be the action of the Purchaser holders of a majority in amount of the Principal Amount of the Convertible Notes, as such holders are recorded on the books of the Borrower, and any such Transferee shall be several and (iii) in compliance with the legend to read "The Securities represented by this Convertible Note have not joint been registered under the Securities Act of 1933, as amended ("Act"), or applicable state securities laws ("State Acts") and shall not be made sold, hypothecated, donated or otherwise transferred unless the Borrower shall have received an opinion of Legal Counsel for the Borrower, or such other evidence as may be satisfactory to Legal Counsel for the Borrower, to the Purchaser or any such Transferee, as applicable, as to itself only; and
(ii) upon a Transferee’s execution and delivery of a Joinder Agreement, the number of Forward Purchase Units to be purchased by the Purchaser hereunder shall be reduced by the total number of Forward Purchase Units to be purchased by the applicable Transferee pursuant to the applicable Joinder Agreement, which reduction shall be evidenced by the Purchaser and the Company amending Schedule A to this Agreement to reflect each transfer and updating the “Number of Forward Purchase Units” and “Aggregate Purchase Price for Forward Purchase Units” on the Purchaser’s signature page hereto to reflect such reduced number of Forward Purchase Units, and the Purchaser shall be fully and unconditionally released from its obligation to purchase such Transferee Securities hereunder. For the avoidance of doubt, this Agreement need not be amended and restated in its entirety, but only Schedule A and the Purchaser’s signature page hereto need be so amended and updated and executed by each of the Purchaser and the Company upon the occurrence of effect that any such transfer shall not require registration under the Act and the State Acts." The Borrower shall be entitled to treat any holder of Transferee Securitiesrecord of the Convertible Note as the Holder in fact thereof and of the Convertible Note and shall not be bound to recognize any equitable or other claim to or interest in this Convertible Note in the name of any other person, whether or not it shall have express or other notice thereof, save as expressly provided by the laws of Texas.
Appears in 1 contract
Transfer. This Agreement Except as otherwise set forth herein, Tenant shall not do any of the following (collectively referred to herein as a “Transfer”), whether voluntarily, involuntarily or by operation of law, without the prior written consent of Landlord, which consent shall not be unreasonably withheld, conditioned or delayed: (i) sublet all or any part of the Premises or allow it to be sublet, occupied or used by any person or entity other than Tenant; (ii) assign its interest in this Lease; (iii) mortgage or encumber the Lease (or otherwise use the Lease as a security device) in any manner; or (iv) materially amend or modify an assignment, sublease or other transfer that has been previously approved by Landlord. Tenant shall reimburse Landlord for up to $2,500 of all reasonable costs and attorneys’ fees incurred by Landlord in connection with the evaluation, processing, and/or documentation of any requested Transfer, whether or not Landlord’s consent is granted. Landlord’s reasonable costs shall include the cost of any review or investigation performed by Landlord or consultant acting on Landlord’s behalf of (i) Hazardous Materials used, stored, released, or disposed of by the potential subtenant or assignee, and/or (ii) violations of Hazardous Materials Law by the Tenant or the proposed subtenant or assignee. Any Transfer so approved by Landlord shall not be effective until Tenant has delivered to Landlord an executed counterpart of the document evidencing the Transfer which (i) is in a form reasonably approved by Landlord, (ii) contains the same terms and conditions as stated in Tenant’s notice given to Landlord pursuant to Section 14.1B, and (iii) in the case of an assignment of the Lease, contains the agreement of the proposed transferee to assume all obligations of Tenant under this Lease arising after the effective date of such Transfer and to remain jointly and severally liable therefor with Tenant. Any attempted Transfer without Landlord’s consent, to the extent required hereunder, shall be voidable at Landlord’s option. Landlord’s consent to any one Transfer shall not constitute a waiver of the provisions of this Section 14.1 as to any subsequent Transfer or a consent to any subsequent Transfer. No Transfer, even with the consent of Landlord, shall relieve Tenant of its personal and primary obligation to pay the rent and to perform all of the Purchaser’s rights and other obligations hereunder (including the Purchaser’s obligation to purchase the Forward Purchase Units) may be transferred or assigned, at any time and from time to time, in whole or in part, to one or more affiliates of the Purchaser (each such transferee, a “Transferee”). Upon any such assignment:
(i) the applicable Transferee shall execute a signature page to this Agreement, substantially in the form of the Purchaser’s signature page hereto (the “Joinder Agreement”), which shall reflect the number of Forward Purchase Units to be purchased performed by such Transferee (the “Transferee Securities”), and, upon such execution, such Transferee Tenant hereunder. The acceptance of rent by Landlord from any person shall have all the same rights and obligations of the Purchaser hereunder with respect to the Transferee Securities, and references herein to the “Purchaser” shall not be deemed to refer to and include be a waiver by Landlord of any such Transferee with respect to such Transferee and to its Transferee Securities; provided, that any representations, warranties, covenants and agreements provision of the Purchaser and any such Transferee shall be several and not joint and shall be made as to the Purchaser or any such Transferee, as applicable, as to itself only; and
(ii) upon a Transferee’s execution and delivery of a Joinder Agreement, the number of Forward Purchase Units this Lease nor to be purchased by the Purchaser hereunder shall be reduced by the total number of Forward Purchase Units a consent to be purchased by the applicable Transferee pursuant to the applicable Joinder Agreement, which reduction shall be evidenced by the Purchaser and the Company amending Schedule A to this Agreement to reflect each transfer and updating the “Number of Forward Purchase Units” and “Aggregate Purchase Price for Forward Purchase Units” on the Purchaser’s signature page hereto to reflect such reduced number of Forward Purchase Units, and the Purchaser shall be fully and unconditionally released from its obligation to purchase such Transferee Securities hereunder. For the avoidance of doubt, this Agreement need not be amended and restated in its entirety, but only Schedule A and the Purchaser’s signature page hereto need be so amended and updated and executed by each of the Purchaser and the Company upon the occurrence of any such transfer of Transferee SecuritiesTransfer.
Appears in 1 contract
Samples: Lease Agreement (American Science & Engineering Inc)
Transfer. This Agreement 4.1. The Owner and all of the Purchaser’s rights Developer have agreed to sell and/or transfer and obligations hereunder (including the Purchaser’s obligation buyer abovenamed has agreed to purchase the Forward Purchase Units) may be transferred “said Unit”, more fully described in Schedule “C” hereunder written at or assigned, at any time for the consideration mentioned in Clause 5.1 hereunder written as also subject to the Buyer herein paying to the Developer various other amounts on account of Extras and from time to time, in whole or in part, to one or more affiliates of the Purchaser (each such transferee, a “Transferee”). Upon any such assignment:
(i) the applicable Transferee shall execute a signature page to this Agreement, substantially in the form of the Purchaser’s signature page hereto (the “Joinder Agreement”), which shall reflect the number of Forward Purchase Units Deposits to be purchased determined by such Transferee (the “Transferee Securities”), and, upon such execution, such Transferee shall have all the same rights Developer as provided hereunder and obligations of the Purchaser hereunder with respect further subject to the Transferee Securities, Buyer observing and references herein to performing the “Purchaser” shall be deemed to refer to and include any such Transferee with respect to such Transferee and to its Transferee Securities; provided, that any representations, warrantiesvarious terms conditions, covenants and agreements stipulations herein recorded and on the part of the Purchaser Buyer to be observed and performed.
4.2. The sale and/or transfer in respect of the “said Unit” in favour of the Buyer would be subject to various, terms, conditions, covenants and stipulations herein mentioned.
4.3. The Owner and the Developer herein shall complete the sale and/or transfer in respect of the “said Unit” as per Clause 4.2 above by executing and registering an appropriate Deed of Conveyance/Transfer in favour of the Buyer herein.
4.4. The Buyer hereby agree and confirm that until and unless the Buyer herein has duly paid the said entire agreed consideration money and also the amounts on account Extras and Deposits to be determined by the Developer as mentioned in Clause 5 hereunder as also all other amounts payable by the Buyer as per this Agreement and has also duly observed and performed all his/her/their obligations under this Agreement and has also obtained appropriate Deed of Conveyance/ Transfer in respect of the “said Unit” duly executed and registered by the Owner and the Developer herein, the Buyer herein shall not be entitled to claim any such Transferee shall be several right in respect of the “said Unit”.
4.5. The Buyer hereby also agree and confirm that the sale and/or transfer of the “said Unit” in favour of the Buyer by the Owner and the Developer herein, will not joint create any right in favour of the Buyer over and shall be made in respect of the roof as also the parking spaces and other open spaces on the ground floor of the building, which would exclusively belong to the Purchaser or any such Transferee, as applicable, as to itself only; and
(ii) upon a Transferee’s execution and delivery of a Joinder Agreement, the number of Forward Purchase Units to be purchased by the Purchaser hereunder shall be reduced by the total number of Forward Purchase Units to be purchased by the applicable Transferee pursuant to the applicable Joinder Agreement, which reduction shall be evidenced by the Purchaser and the Company amending Schedule A to this Agreement to reflect each transfer and updating the “Number of Forward Purchase Units” and “Aggregate Purchase Price for Forward Purchase Units” on the Purchaser’s signature page hereto to reflect such reduced number of Forward Purchase Units, and the Purchaser shall be fully and unconditionally released from its obligation to purchase such Transferee Securities hereunder. For the avoidance of doubt, this Agreement need not be amended and restated in its entirety, but only Schedule A and the Purchaser’s signature page hereto need be so amended and updated and executed by each of the Purchaser and the Company upon the occurrence of any such transfer of Transferee SecuritiesOwner/Developer and/or their transferees.
Appears in 1 contract
Samples: Sale Agreement
Transfer. This Agreement If a REC Tracking System is selected on the cover page for this Transaction, Seller shall Transfer the Contract Quantity in accordance with the following terms utilizing the REC Tracking System specified on the cover sheet, including its regulations and procedures, for recording transfers of RECs among various entities, persons and accounts. Seller shall Transfer to the Purchaser the Contract Quantity from Seller’s REC Account to Purchaser’s REC Account pursuant to the selection contained on the cover page of the Confirmation. Seller shall inform the Purchaser of the transfer within a commercially reasonable time after such transfer. Seller and Purchaser shall each cooperate fully and assist each other in complying with any and all regulatory obligations relating to recording and tracking of the transfer of the RECs. Seller and Purchaser shall cooperate in good faith and undertake reasonable efforts to consummate recognition in the REC Tracking System; provided, however, that Purchaser acknowledges that such transfer will not be recognized unless and until Purchaser confirms such transfer in accordance with the applicable requirements of the REC Tracking System. Upon a notification by the administrator or operator of such tracking system that the transfer of the RECs contemplated by this Confirmation will not be recorded due to deficiency in the transaction or documentation, the parties shall promptly confer and cooperate in taking all reasonable actions necessary to cure any defects in the proposed transfer, so that the transfer can be recorded at the earliest possible date. If no REC Tracking System is selected on the cover page for this Transaction, the Seller shall Transfer the Contract Quantity in accordance with the terms specified on the cover sheet and ownership of the RECs shall transfer, accrue to and be assigned exclusively to Purchaser and shall not be claimed, assigned or used by any other entity for any use. If an attestation is selected on the cover page for this Transaction, Seller shall, upon Purchaser’s rights and obligations hereunder (including the Purchaser’s obligation request, deliver to purchase the Forward Purchase Units) may be transferred or assigned, at any time and from time to time, in whole or in part, to one or more affiliates of the Purchaser (each such transferee, a “Transferee”). Upon any such assignment:
(i) the applicable Transferee shall execute a signature page to this Agreement, substantially an executed attestation in the form of attached hereto as Appendix I specifying the Purchaser’s signature page hereto (the “Joinder Agreement”)generating source, which shall reflect the number of Forward Purchase Units to be purchased by such Transferee (the “Transferee Securities”), and, upon such execution, such Transferee shall have all the same rights and obligations of the Purchaser hereunder with respect to the Transferee Securities, and references herein to the “Purchaser” shall be deemed to refer to and include any such Transferee with respect to such Transferee and to its Transferee Securities; provided, that any representations, warranties, covenants and agreements of the Purchaser and any such Transferee shall be several and not joint and shall be made as to the Purchaser or any such Transferee, as applicable, as to itself only; and
(ii) upon a Transferee’s execution and delivery of a Joinder Agreement, the number of Forward Purchase Units to be purchased by the Purchaser hereunder shall be reduced by the total number of Forward Purchase Units to be purchased by the applicable Transferee pursuant to the applicable Joinder Agreement, which reduction shall be evidenced by the Purchaser and the Company amending Schedule A to this Agreement to reflect each transfer and updating the “Number of Forward Purchase Units” and “Aggregate Purchase Price for Forward Purchase Units” on the Purchaser’s signature page hereto to reflect such reduced number of Forward Purchase Unitsamount in megawatt-hours, and the Purchaser shall be fully and unconditionally released from its obligation to purchase such Transferee Securities hereunder. For the avoidance period of doubt, this Agreement need not be amended and restated in its entirety, but only Schedule A and the Purchaser’s signature page hereto need be so amended and updated and executed by each generation of the Purchaser and the Company upon the occurrence of any such transfer of Transferee SecuritiesRECs transferred hereunder.
Appears in 1 contract
Samples: Credit Agreement (Sunrun Inc.)
Transfer. This Agreement The Warrants and the Warrant Stock shall be freely transferable, subject to compliance with this Section 3.1 and all applicable laws, including, but not limited to the Securities Act. If, at the time of the Purchaser’s rights and obligations hereunder surrender of this Warrant in connection with any transfer of this Warrant or the resale of the Warrant Stock, this Warrant or the Warrant Stock, as applicable, shall not be registered under the Securities Act, the Company may require, as a condition of allowing such transfer (including i) that the Purchaser’s obligation Holder or transferee of this Warrant or the Warrant Stock as the case may be, furnish to purchase the Forward Purchase Units) Company a written opinion of counsel that is reasonably acceptable to the Company to the effect that such transfer may be transferred made without registration under the Securities Act, (ii) that the Holder or assigned, at any time transferee execute and from time deliver to timethe Company an investment representation letter in form and substance acceptable to the Company and substantially in the form attached as Exhibit C hereto and (iii) that the transferee be an "accredited investor" as defined in Rule 501(a) promulgated under the Securities Act. Transfer of this Warrant and all rights hereunder, in whole or in part, to one or more affiliates in accordance with the foregoing provisions, shall be registered on the books of the Purchaser (each Company to be maintained for such transfereepurpose, upon surrender of this Warrant at the principal office of the Company referred to in Section 2.1 or the office or agency designated by the Company pursuant to Section 13, together with a “Transferee”). Upon any such assignment:
(i) the applicable Transferee shall execute a signature page to written assignment of this Agreement, Warrant substantially in the form of Exhibit B hereto duly executed by the Purchaser’s signature page hereto (Holder or its agent or attorney and funds sufficient to pay any transfer taxes payable upon the “Joinder Agreement”), which shall reflect the number making of Forward Purchase Units to be purchased by such Transferee (the “Transferee Securities”), transfer. Upon such surrender and, upon such executionif required, such Transferee payment, the Company shall have all execute and deliver a new Warrant or Warrants in the same rights and obligations name of the Purchaser hereunder with respect assignee or assignees and in the denomination specified in such instrument of assignment, and shall issue to the Transferee Securitiesassignor a new Warrant evidencing the portion of this Warrant not so assigned, and references herein to this Warrant shall promptly be cancelled. Following a transfer that complies with the “Purchaser” shall requirements of this Section 3.1, the Warrant may be deemed to refer to and include any such Transferee with respect to such Transferee and to its Transferee Securities; provided, that any representations, warranties, covenants and agreements exercised by a new Holder for the purchase of shares of Warrant Stock regardless of whether the Company issued or registered a new Warrant on the books of the Purchaser and any such Transferee shall be several and not joint and shall be made as to the Purchaser or any such Transferee, as applicable, as to itself only; and
(ii) upon a Transferee’s execution and delivery of a Joinder Agreement, the number of Forward Purchase Units to be purchased by the Purchaser hereunder shall be reduced by the total number of Forward Purchase Units to be purchased by the applicable Transferee pursuant to the applicable Joinder Agreement, which reduction shall be evidenced by the Purchaser and the Company amending Schedule A to this Agreement to reflect each transfer and updating the “Number of Forward Purchase Units” and “Aggregate Purchase Price for Forward Purchase Units” on the Purchaser’s signature page hereto to reflect such reduced number of Forward Purchase Units, and the Purchaser shall be fully and unconditionally released from its obligation to purchase such Transferee Securities hereunder. For the avoidance of doubt, this Agreement need not be amended and restated in its entirety, but only Schedule A and the Purchaser’s signature page hereto need be so amended and updated and executed by each of the Purchaser and the Company upon the occurrence of any such transfer of Transferee SecuritiesCompany.
Appears in 1 contract
Samples: Warrant Agreement (TRUEYOU.COM)
Transfer. This Agreement and all (a) PURCHASER(S), cannot transfer the registration, booking or allotment of the Purchaser’s rights and obligations hereunder SAID RESIDENTIAL UNIT in favour of a third party for 12 (including Twelve) months from the Purchaser’s obligation to purchase date of allotment of the Forward Purchase Units) SAID RESIDENTIAL UNIT by PROMOTER Transfer of booking may be transferred or assignedpermissible after 12 (Twelve) months subject to approval by PROMOTER, who may at its sole discretion permit the same on payment of transfer charges @ 0.75% (zero point seventy five percent) of SALE PRICE (taxes extra) for the SAID RESIDENTIAL UNIT and any time and other administrative charges as may be fixed by PROMOTER from time to time, submission of inter alia affidavit/undertaking/request for transfer or any other document and on such terms and conditions and guidelines as it may deem fit by PROMOTER subject to clearing all the sums due and payable on the date of request. However, PURCHASER(S) agree/s and undertake/s to execute/ register the deed, document, agreement or writing as may be requested by PROMOTER to record the transfer as mentioned hereinabove. However, in whole case the transfer/addition is in favor of spouse, child, parents or in partsiblings of PURCHASER(S), then PURCHASER(S) shall take prior written consent of PROMOTER for such transfer and the transfer may be allowed subject to one payment of transfer fees of Rs.10,000/- (Rupees Ten Thousand Only) (taxes extra) which shall be paid by PURCHASER(S) to PROMOTER
(b) Stamp duty or more affiliates other charges as may be applicable on any transfer/addition shall be paid by the transferor/transferee. PURCHASER(S) hereby indemnify and keep indemnified PROMOTER against any action, loss, damage or claim arising against PROMOTER for non-payment of such stamp duty and requisite charges.
(c) The transfer shall be allowed only subject to clearing all the sums that shall be due and payable to PROMOTER on the date of submission of the Purchaser (each request application. PURCHASER(S) shall be solely responsible and liable for all legal, monetary or any other consequences that may arise from such transferee, a “Transferee”). Upon any such assignment:nominations/transfer.
(id) It is specifically made clear to PURCHASER(S) that as understood by PROMOTER at present there are no instructions/directions of the applicable Transferee shall execute a signature page competent authority to this Agreementrestrict any nomination/ transfer/ assignment of the SAID RESIDENTIAL UNIT. However, substantially in the form event of any imposition of such instructions/directions at any time after the date of this Agreement to restrict nomination/ transfer/ assignment of the Purchaser’s signature page hereto SAID RESIDENTIAL UNIT by any authority or for the payment of stamp duty or any other charges through any order and by virtue of which PROMOTER need to comply with the same; PURCHASER(S) shall abide by the same.
(e) In the “Joinder Agreement”event of assignment or transfer of the SAID RESIDENTIAL UNIT by the PURCHASER(S), which new purchaser shall reflect continue to pay the number of Forward Purchase Units to be purchased by such Transferee (the “Transferee Securities”), and, upon such execution, such Transferee shall have all the same rights and obligations of the Purchaser hereunder with respect charges pertaining to the Transferee Securities, and references herein SAID RESIDENTIAL UNIT of whatsoever nature payable under this Agreement to the “Purchaser” shall be deemed to refer to and include any such Transferee with respect to such Transferee and to its Transferee Securities; provided, that any representations, warranties, covenants and agreements of the Purchaser and any such Transferee shall be several and not joint PROMOTER and shall be made as bound with the terms and conditions of this Agreement. It is further agreed by PURCHASER(S) that PURCHASER(S) shall cause such new purchaser from time to time, sign all applications, papers and documents and do all the Purchaser or any such Transfereeacts, as applicable, as to itself only; and
(ii) upon a Transferee’s execution and delivery of a Joinder Agreement, the number of Forward Purchase Units to be purchased by the Purchaser hereunder shall be reduced by the total number of Forward Purchase Units to be purchased by the applicable Transferee pursuant to the applicable Joinder Agreementdeeds, which reduction shall be evidenced by PROMOTER require necessary for safeguarding its interest in the Purchaser and the Company amending Schedule A to this Agreement to reflect each transfer and updating the “Number of Forward Purchase Units” and “Aggregate Purchase Price for Forward Purchase Units” on the Purchaser’s signature page hereto to reflect such reduced number of Forward Purchase Units, and the Purchaser shall be fully and unconditionally released from its obligation to purchase such Transferee Securities hereunder. For the avoidance of doubt, this Agreement need not be amended and restated in its entirety, but only Schedule A and the Purchaser’s signature page hereto need be so amended and updated and executed by each of the Purchaser and the Company upon the occurrence of any such transfer of Transferee SecuritiesCOMPLEX.
Appears in 1 contract
Samples: Buyer's Agreement
Transfer. This (a) If, after the Closing Date and prior to the relevant Sign-Off Date for an Active Facility, there is a Transfer of that Active Facility to any Person, then Seller's obligations and liabilities as set forth in this Agreement for that Active Facility shall not be assigned by Purchaser and all of shall not extend to such Person unless and until the Purchaser’s rights and obligations hereunder (including the Purchaser’s obligation to purchase the Forward Purchase Units) may be transferred or assigned, at any time and from time to time, in whole or in part, to one or more affiliates of the Purchaser (each such transferee, a “Transferee”). Upon any such assignment:
following occur: (i) Purchaser has given Seller at least thirty (30) days advance written notice of its intent to Transfer that Active Facility; and (ii) the applicable Transferee transferee has executed a written agreement in a form reasonably acceptable to Seller agreeing to be bound by the obligations, duties, restrictions and liabilities of Purchaser as set forth herein pertaining to that Active Facility. Purchaser shall execute a signature page in no event be released of its obligations to Seller hereunder by virtue of any Transfer. This Agreement is not intended to, nor shall it, be construed as providing or conferring any rights in or benefits to any Person not party to this Agreement.
(b) If, substantially in after the form Closing Date and prior to the relevant Sign-Off Date for an Active Facility, there is a Transfer of the Purchaser’s signature page hereto (Active Facility and the “Joinder Agreement”)accompanying Business as it exists at that time to any Person, which then Seller's obligations and liabilities as set forth in this Agreement for that Active Facility shall reflect the number of Forward Purchase Units to not be purchased assigned by such Transferee (the “Transferee Securities”), and, upon such execution, such Transferee Purchaser and shall have all the same rights and obligations of the Purchaser hereunder with respect to the Transferee Securities, and references herein to the “Purchaser” shall be deemed to refer to and include any such Transferee with respect not extend to such Transferee Person unless and until the following occur: (i) Purchaser has given Seller at least thirty (30) days advance written notice of its intent to its Transferee SecuritiesTransfer that Active Facility; provided, that any representations, warranties, covenants and agreements of the Purchaser and any such Transferee shall be several and not joint and shall be made as to the Purchaser or any such Transferee, as applicable, as to itself only; and
(ii) upon the transferee has executed a Transferee’s execution and delivery of written agreement in a Joinder Agreement, the number of Forward Purchase Units form reasonably acceptable to Seller agreeing to be purchased bound by the obligations, duties, restrictions and liabilities of Purchaser hereunder shall be reduced by the total number of Forward Purchase Units as set forth herein pertaining to be purchased by the applicable Transferee pursuant that Active Facility; and (iii) Seller, in its reasonable discretion, has consented to the applicable Joinder Agreement, which reduction shall be evidenced by the Purchaser Transfer and the Company amending Schedule A to this Agreement to reflect each transfer transferee. If (i), (ii) and updating the “Number of Forward Purchase Units” and “Aggregate Purchase Price for Forward Purchase Units” on the Purchaser’s signature page hereto to reflect such reduced number of Forward Purchase Units, (iii) occur and the Transfer takes place, Purchaser shall be fully and unconditionally released from of its obligation obligations to purchase such Transferee Securities Seller hereunder. For the avoidance of doubtThis Agreement is not intended to, nor shall it, be construed as providing or conferring any rights in or benefits to any Person not a party to this Agreement need not be amended and restated in its entirety, but only Schedule A and the Purchaser’s signature page hereto need be so amended and updated and executed by each of the Purchaser and the Company upon the occurrence of any such transfer of Transferee SecuritiesAgreement.
Appears in 1 contract
Transfer. This Agreement and all of the Purchaser’s rights and obligations hereunder (including the Purchaser’s obligation to purchase the Forward Purchase UnitsSecurities) may be transferred or assigned, at any time and from time to time, in whole or in part, to one or more affiliates of the Purchaser Purchaser, but not to other third parties (each such transferee, a “Transferee”). Upon any such assignment:
: (i) the applicable Transferee shall execute a signature page to this Agreement, substantially in the form of the Purchaser’s signature page hereto (the “Joinder Agreement”), which shall reflect the number of Forward Purchase Units to be purchased by such Transferee (the “Transferee Securities”), and, upon such execution, such Transferee shall have all the same rights and obligations of the Purchaser hereunder with respect to the Transferee Securities, and references herein to the “Purchaser” shall be deemed to refer to and include any such Transferee with respect to such Transferee and to its Transferee Securities; provided, that any representations, warranties, covenants and agreements of the Purchaser and any such Transferee shall be several and not joint and shall be made as to the Purchaser or any such Transferee, as applicable, as to itself only; and
and (ii) upon a Transferee’s execution and delivery of a Joinder Agreement, the number of Forward Purchase Units to be purchased by the Purchaser hereunder shall be reduced by the total number of Forward Purchase Units to be purchased by the applicable Transferee pursuant to the applicable Joinder Agreement, which reduction shall be evidenced by the Purchaser and the Company amending Schedule A to this Agreement to reflect each transfer and updating the “Number of Forward Purchase Units” and “Aggregate Purchase Price for Forward Purchase UnitsSecurities” on the Purchaser’s signature page hereto to reflect such reduced number of Forward Purchase Units, and the Purchaser shall be fully and unconditionally released from its obligation to purchase such Transferee Securities hereunderSecurities. For the avoidance of doubt, this Agreement need not be amended and restated in its entirety, but only Schedule A and the Purchaser’s signature page hereto need be so amended and updated and executed by each of the Purchaser and the Company upon the occurrence of any such transfer of Transferee Securities. 5.
Appears in 1 contract
Samples: Forward Purchase Agreement (Dragoneer Growth Opportunities Corp.)
Transfer. This Agreement Tenant shall not do any of the following (collectively referred to herein as a “Transfer”), whether voluntarily, involuntarily or by operation of law, without the prior written consent of Landlord, which consent shall not be unreasonably withheld: (i) sublet all or any part of the Premises or allow it to be sublet, occupied or used by any person or entity other than Tenant; (ii) assign its interest in this Lease; (iii) mortgage or encumber the Lease (or otherwise use the Lease as a security device) in any manner; or (iv) materially amend or modify an assignment, sublease or other transfer that has been previously approved by Landlord. Tenant shall reimburse Landlord for all reasonable costs and attorneys’ fees incurred by Landlord in connection with the evaluation, processing, and/or documentation of any requested Transfer, whether or not Landlord’s consent is granted, but not to exceed $1,000.00 without Tenant’s prior consent. Landlord’s reasonable costs shall include the cost of any review or investigation performed by Landlord or consultant acting on Landlord’s behalf of (i) Hazardous Materials used, stored, released, or disposed of by the potential Subtenant or Assignee, and/or (ii) violations of Hazardous Materials Law by the Tenant or the proposed Subtenant or Assignee. Any Transfer so approved by Landlord shall not be effective until Tenant has delivered to Landlord an executed counterpart of the document evidencing the Transfer which (i) contains the same terms and conditions as stated in Tenant’s notice given to Landlord pursuant to Section 14.1B, and (ii) in the case of an assignment of the Lease, contains the agreement of the proposed transferee to assume all obligations of Tenant under this Lease arising after the effective date of such Transfer and to remain jointly and severally liable therefor with Tenant. Any attempted Transfer without Landlord’s consent shall constitute an Event of Tenant’s Default and shall be voidable at Landlord’s option. Landlord’s consent to any one Transfer shall not constitute a waiver of the provisions of this Section 14.1 as to any subsequent Transfer or a consent to any subsequent Transfer. No Transfer, even with the consent of Landlord, shall relieve Tenant of its personal and primary obligation to pay the rent and to perform all of the Purchaser’s rights and other obligations hereunder (including the Purchaser’s obligation to purchase the Forward Purchase Units) may be transferred or assigned, at any time and from time to time, in whole or in part, to one or more affiliates of the Purchaser (each such transferee, a “Transferee”). Upon any such assignment:
(i) the applicable Transferee shall execute a signature page to this Agreement, substantially in the form of the Purchaser’s signature page hereto (the “Joinder Agreement”), which shall reflect the number of Forward Purchase Units to be purchased performed by such Transferee (the “Transferee Securities”), and, upon such execution, such Transferee Tenant hereunder. The acceptance of rent by Landlord from any person shall have all the same rights and obligations of the Purchaser hereunder with respect to the Transferee Securities, and references herein to the “Purchaser” shall not be deemed to refer to and include be a waiver by Landlord of any such Transferee with respect to such Transferee and to its Transferee Securities; provided, that any representations, warranties, covenants and agreements provision of the Purchaser and any such Transferee shall be several and not joint and shall be made as to the Purchaser or any such Transferee, as applicable, as to itself only; and
(ii) upon a Transferee’s execution and delivery of a Joinder Agreement, the number of Forward Purchase Units this Lease nor to be purchased by the Purchaser hereunder shall be reduced by the total number of Forward Purchase Units a consent to be purchased by the applicable Transferee pursuant to the applicable Joinder Agreement, which reduction shall be evidenced by the Purchaser and the Company amending Schedule A to this Agreement to reflect each transfer and updating the “Number of Forward Purchase Units” and “Aggregate Purchase Price for Forward Purchase Units” on the Purchaser’s signature page hereto to reflect such reduced number of Forward Purchase Units, and the Purchaser shall be fully and unconditionally released from its obligation to purchase such Transferee Securities hereunder. For the avoidance of doubt, this Agreement need not be amended and restated in its entirety, but only Schedule A and the Purchaser’s signature page hereto need be so amended and updated and executed by each of the Purchaser and the Company upon the occurrence of any such transfer of Transferee SecuritiesTransfer.
Appears in 1 contract
Samples: Lease Agreement (Omnicell Inc /Ca/)
Transfer. This Agreement If Tenant exercises the Purchase Option with respect to a Parcel, the purchase and all sale of the Purchaser’s rights and obligations hereunder (including the Purchaser’s obligation to purchase the Forward Purchase Units) may Parcels shall be transferred or assigned, at any time and from time to time, in whole or in part, to one or more affiliates of the Purchaser (each such transferee, a “Transferee”). Upon any such assignmentconsummated as follows:
(i) Landlord shall grant and convey the applicable Transferee shall execute Parcels to Tenant, its authorized agent or assignee, pursuant to a signature page duly executed and acknowledged assignment and assumption of leasehold interest (as to this Agreement, substantially in the form of Land) and a grant deed as to the Purchaser’s signature page hereto Parcels (collectively herein the “Joinder AgreementDeed”), free and clear of all liens, encumbrances, deeds of trust, mortgages, rights-of-way and restrictive covenants or conditions, of record, placed against the Parcels by Landlord except for (A) the Permitted Title Exceptions (but not the Security Instruments), and (B) any UCC-1 filed or recorded which evidences security interests encumbering the Parcels or any part thereof in favor of Landlord, which security interests Landlord shall reflect the number of Forward Purchase Units cause to be purchased by such Transferee released so that they no longer affect the Parcels (the “Transferee SecuritiesLandlord Liens”), and, upon such execution, such Transferee shall have all the same rights and obligations of the Purchaser hereunder with respect to the Transferee Securities, and references herein to the “Purchaser” shall be deemed to refer to and include any such Transferee with respect to such Transferee and to its Transferee Securities; provided, that any representations, warranties, covenants and agreements of the Purchaser and any such Transferee shall be several and not joint and shall be made as to the Purchaser or any such Transferee, as applicable, as to itself only; and.
(ii) The Purchase Price shall be paid to Landlord upon a Transferee’s execution and delivery of a Joinder Agreementthe Deed and any other documents reasonably requested by Tenant (the “Additional Documents”) to evidence the transfer of the Parcels subject to the Permitted Title Exceptions (excluding the Security Instruments, and any UCC-1 filed or recorded which evidences security interests encumbering the number Parcels or any part thereof in favor of Forward Purchase Units Landlord, which security interests Landlord shall cause to be purchased by released so that they no longer affect the Purchaser hereunder shall be reduced by Parcels). In the total number of Forward event that Tenant elects to assign the Purchase Units to be purchased by the applicable Transferee Option pursuant to Section 20.1(d) below, and Tenant’s assignee pays an amount less than the applicable Joinder Agreement, which reduction shall be evidenced by the Purchaser and the Company amending Schedule A to this Agreement to reflect each transfer and updating the “Number of Forward Purchase Units” and “Aggregate Purchase Price for Forward the Parcels, Tenant shall pay to Landlord any excess of the Purchase Units” Price over the amount paid by such assignee. Landlord shall deliver the Deed and the Additional Documents to Tenant or Tenant’s assignee on the Purchaserdate for closing specified by Tenant in the Purchase Option Exercise Notice. The closing shall take place at the location and in the manner reasonably set forth by Tenant or Tenant’s signature page hereto Assignee in the Purchase Option Exercise Notice; provided that the date of closing shall occur no later than the last day of the Term of the Lease.
(iii) If Landlord shall fail to reflect such reduced number remove all Landlord Liens within the time herein prescribed for the delivery of Forward Purchase Unitsthe Deed, then Tenant shall have the right (in addition to all other rights provided by law or in equity) by a written notice to Landlord: (1) to extend the time (notwithstanding the Expiration Date of this Lease) in which Landlord shall remove all Landlord Liens and deliver the Purchaser Deed and Additional Documents, during which extension this Lease shall remain in full force and effect, except Tenant shall be fully and unconditionally released from its obligation to purchase pay Base Rent and Additional Rent during the extension; (2) to accept delivery of the Deed and Additional Documents subject to such Transferee Securities hereunder. For Landlord Liens not cleared by Landlord; or (3) to accept delivery of the avoidance of doubt, this Agreement need not be amended and restated in its entirety, but only Schedule A Deed and the Purchaser’s signature page hereto need Additional Documents and if any Landlord Lien is curable by the payment of money, Tenant may make such payment and such payment shall be so amended a credit against the Purchase Price in favor of Tenant.
(iv) Base Rent shall be prorated and updated paid and executed by each all Additional Rent which is then due and payable shall be paid as of the Purchaser date title to the Parcel is vested of record in Tenant. Tenant shall pay the escrow fees; the recorder’s fee for recording the Deed; the premium for the title insurance policy; all documentary transfer taxes; Tenant’s attorneys’ fees; Landlord’s reasonable attorneys’ fees; all other costs and expenses incurred by Tenant in consummating the Company upon the occurrence of any such transfer of Transferee Securitiesthe Parcel; and all reasonable expenses (except as specified in the next sentence) incurred by Landlord in consummating the transfer of the Parcel pursuant to this Section 20.1. Landlord shall pay the costs and expenses of removing Landlord Liens.
Appears in 1 contract
Samples: Master Lease of Land and Improvements (Adobe Systems Inc)
Transfer. This Agreement and all of the Purchaser’s rights and obligations of each Purchaser hereunder (including the such Purchaser’s obligation to purchase the Forward Backstop Purchase UnitsShares) may be transferred or assigned, at any time and from time to time, in whole or in part, to one or more affiliates of the such Purchaser (each such transferee, a “Transferee”). Upon any such assignment:
(i) the applicable Transferee shall execute a signature page to this Agreement, substantially in the form of the Purchaser’s signature page Exhibit A hereto (the “Joinder Agreement”), which shall reflect the number of Forward Backstop Purchase Units Shares to be purchased by such Transferee (the “Transferee Securities”), and, upon such execution, such Transferee shall have all the same rights and obligations of the Purchaser Purchasers hereunder with respect to the Transferee Securities, and references herein to the “Purchaser” shall be deemed to refer to and include any such Transferee with respect to such Transferee and to its Transferee Securities; provided, that any representations, warranties, covenants and agreements of the Purchaser Purchasers and any such Transferee shall be several and not joint and shall be made as to the a Purchaser or any such Transferee, as applicable, as to itself only; and
(ii) upon a Transferee’s execution and delivery of a Joinder Agreement, the number of Forward Backstop Purchase Units Shares to be purchased by the Purchaser Purchasers hereunder shall be reduced pro rata by the total number of Forward Backstop Purchase Units Shares to be purchased by the applicable Transferee pursuant to the applicable Joinder Agreement, which reduction shall be evidenced by the Purchaser Purchasers and the Company amending Schedule A to this Agreement to reflect each transfer and updating the “Number of Forward Purchase Units” and “Aggregate Purchase Price for Forward Purchase Units” on the Purchaser’s signature page hereto to reflect such reduced number of Forward Purchase Unitstransfer, and the Purchaser Purchasers shall be fully and unconditionally released from its their respective obligation to purchase such Transferee Securities hereunder. For the avoidance of doubt, this Agreement need not be amended and restated in its entirety, but only Schedule A and the Purchaser’s signature page hereto need needs be so amended and updated and executed by each of the Purchaser and the Company upon the occurrence of any such transfer of Transferee Securities.
Appears in 1 contract
Samples: Backstop Agreement (Capstar Special Purpose Acquisition Corp.)
Transfer. This Agreement and all of Buyer shall have the Purchaser’s right to assign its rights and delegate its obligations hereunder (including the Purchaser’s obligation to purchase the Forward Purchase Units) may be transferred or assigned, at any time and from time to time, in whole or in part, to one or more affiliates of the Purchaser (each such transferee, a “Transferee”). Upon any such assignment:
(i) the applicable Transferee shall execute a signature page to this Agreement, substantially in the form of the Purchaser’s signature page hereto (the “Joinder Agreement”), which shall reflect the number of Forward Purchase Units to be purchased by such Transferee (the “Transferee Securities”), and, upon such execution, such Transferee shall have all the same rights and obligations of the Purchaser hereunder with respect to the Transferee Securitiesany portion of this Transaction, subject to Seller’s consent, such consent not to be unreasonably withheld; provided that such assignment or transfer shall be subject to receipt by Seller of opinions and references herein documents reasonably satisfactory to Seller and effected on terms reasonably satisfactory to the “Purchaser” shall be deemed to refer to and include any such Transferee Seller with respect to such Transferee any legal and to its Transferee Securities; provided, that any representations, warranties, covenants and agreements of the Purchaser and any such Transferee shall be several and not joint and shall be made as regulatory requirements relevant to the Purchaser or any such Transferee, as applicable, as to itself onlySeller; and
(ii) upon a Transferee’s execution and delivery of a Joinder Agreement, the number of Forward Purchase Units to provided further that Buyer shall not be purchased by the Purchaser hereunder shall be reduced by the total number of Forward Purchase Units to be purchased by the applicable Transferee pursuant to the applicable Joinder Agreement, which reduction shall be evidenced by the Purchaser and the Company amending Schedule A to this Agreement to reflect each transfer and updating the “Number of Forward Purchase Units” and “Aggregate Purchase Price for Forward Purchase Units” on the Purchaser’s signature page hereto to reflect such reduced number of Forward Purchase Units, and the Purchaser shall be fully and unconditionally released from its obligation to purchase deliver any Exercise Notice or its obligations pursuant to “Disposition of Hedge Shares”, “Repurchase Notices” or “Conversion Rate Adjustment Notices” above. Seller may transfer any of its rights or delegate its obligations under this Transaction with the prior written consent of Buyer, such Transferee Securities hereunderconsent not to be unreasonably withheld. For In addition, if, as determined in Seller’s sole discretion, its “beneficial ownership” (within the avoidance meaning of doubt, this Agreement need not be amended and restated in its entirety, but only Schedule A and the Purchaser’s signature page hereto need be so amended and updated and executed by each Section 13 of the Purchaser Exchange Act and rules promulgated thereunder) could be deemed to exceed 8% of Counterparty’s outstanding Shares, Seller may, without Counterparty’s consent, transfer or assign all or any part of its rights or obligations under this Transaction to reduce such “beneficial ownership” to 7.5% to any third party with a rating for its (or, if applicable, its Credit Support Provider’s) long term, unsecured and unsubordinated indebtedness of AA or better by Standard & Poor’s Ratings Service or its successor (“S&P”), or Aa3 or better by Mxxxx’x Investors Service (“Moody’s”) or, if either S&P or Moody’s ceases to rate such debt, at least an equivalent rating or better by a substitute rating agency mutually agreed by Company and Seller. If after Seller’s commercially reasonable efforts, Seller is unable to effect such a transfer or assignment on pricing terms reasonably acceptable to Seller and within a time period reasonably acceptable to Seller of a sufficient number of Options to reduce Seller’s “beneficial ownership” (within the Company upon meaning of Section 13 of the occurrence Exchange Act and rules promulgated thereunder) to 7.5% of Counterparty’s outstanding Shares or less, Seller may designate any Exchange Business Day as an Early Termination Date with respect to a portion (the “Terminated Portion”) of this Transaction, such transfer that its “beneficial ownership” following such partial termination will be equal to or less than 7.5%. In the event that Seller so designates an Early Termination Date with respect to a portion of Transferee Securitiesthis Transaction, a payment shall be made pursuant to Section 6 of the Agreement as if (i) an Early Termination Date had been designated in respect of a Transaction having terms identical to this Transaction and a Number of Options equal to the Terminated Portion, (ii) Counterparty shall be the sole Affected Party with respect to such partial termination and (iii) such Transaction shall be the only Terminated Transaction.
Appears in 1 contract
Samples: Confirmation of Otc Convertible Note Hedge (Morgans Hotel Group Co.)
Transfer. This Upon the sale and transfer on a Closing Date of Rights to Buyer in accordance with the terms of the relevant Operative Agreement and receipt by NYCDMS/447815.10 Seller of payment therefor in accordance with this Agreement, Buyer will acquire good and valid title to such Rights free and clear of all liens, pledges, encumbrances, charges or claims of any kind whatsoever (except that Buyer will be subject to the terms of the Purchaser’s rights and obligations hereunder (including Fund Documents applicable to Buyer as a continuing Limited Partner after the Purchaser’s obligation applicable Closing Date) and, subject to purchase the Forward Purchase Units) may be transferred or assigned, at any time and from time to time, in whole or in part, to one or more affiliates receipt of the Purchaser Required Consents (each such transfereeas defined below in Section 3(e)), the performance by Buyer of its undertakings under Section 5(b) hereof and the satisfaction of the conditions in Section 6(b) hereof, will be admitted directly as a substituted limited partner, member or other appropriate equity holder (collectively, a “TransfereeLimited Partner”)) of the Funds related to such Rights. Upon (Buyer and Seller hereby agree that, if, for any reason with respect to any Right, the Required Consents cannot be obtained in order to sell such assignment:
Right to Buyer as contemplated herein and to make Buyer a Limited Partner in the Fund related to such Right, then Seller shall, to the extent permitted by the applicable Fund Documents of such Fund, transfer to Buyer, against receipt by Seller of payment therefor in accordance with this Agreement, good and valid title to the following economic entitlements and rights relating to such Right free and clear of all liens, pledges, encumbrances, charges or claims of any kind whatsoever and subject to the following obligations and undertakings of Buyer and Seller with respect thereto: (i) the right of Buyer to receive from Seller, and the obligation of Seller to pay or deliver to Buyer, all distributions of cash or property made by the related Fund and received by Seller after the applicable Transferee Closing Date in respect of such Right without set-off, deduction or diminution of any kind, provided that (A) Buyer shall execute a signature page be obligated to this Agreementdisgorge, substantially in the form of the Purchaser’s signature page hereto (the “Joinder Agreement”)reimburse, which shall reflect the number of Forward Purchase Units refund or repay any such distributions to be purchased by such Transferee (the “Transferee Securities”)Seller upon its written demand if Seller is required to disgorge, andreimburse, upon such execution, such Transferee shall have all refund or repay the same rights to the related Fund, and obligations of the Purchaser hereunder (B) Buyer enters into any agreements with respect to the Transferee Securitiesproperty distributions as Seller may reasonably require in order for Seller to comply with applicable transfer restrictions, agreements and references herein to the “Purchaser” shall be deemed to refer to and include any such Transferee with respect to such Transferee and to its Transferee Securities; provided, that any representations, warranties, covenants and agreements Fund Documents of the Purchaser and any such Transferee shall be several and not joint and shall be made as to the Purchaser or any such Transfereerelated Fund, as applicable, as to itself only; and
(ii) upon a Transferee’s execution and delivery the right of a Joinder Agreement, Buyer to direct the number of Forward Purchase Units Seller how to be purchased by vote such Right on any issue as to which the Purchaser hereunder shall be reduced by related Fund solicits the total number of Forward Purchase Units to be purchased by the applicable Transferee pursuant to the applicable Joinder Agreement, which reduction shall be evidenced by the Purchaser and the Company amending Schedule A to this Agreement to reflect each transfer and updating the “Number of Forward Purchase Units” and “Aggregate Purchase Price for Forward Purchase Units” on the Purchaser’s signature page hereto to reflect such reduced number of Forward Purchase Units, and the Purchaser shall be fully and unconditionally released from its obligation to purchase such Transferee Securities hereunder. For the avoidance of doubt, this Agreement need not be amended and restated in its entirety, but only Schedule A and the Purchaser’s signature page hereto need be so amended and updated and executed by each view of the Purchaser and the Company upon the occurrence holders of any such transfer of Transferee Securities.its partnership or other membership interests, NYCDMS/447815.10
Appears in 1 contract