Common use of Transferred Shares Clause in Contracts

Transferred Shares. Each Co-Sale Participant shall effect its participation in the sale by promptly delivering to the Selling Shareholder for transfer to the prospective purchaser a duly executed instrument of transfer and one or more certificates, which represent: (i) the series and number of securities of the Company which such Co-Sale Participant elects to sell; (ii) that number of Common Shares, or that number of Preferred Shares which are at such time convertible into the number of Common Shares, which such Co-Sale Participant elects to sell; provided, however, that if the prospective third-party purchaser objects to the delivery of Preferred Shares in lieu of Common Shares, such Co-Sale Participant shall first convert such Preferred Shares into Common Shares and transfer the Common Shares as provided in this Section 4.3(h). The Company agrees to make any such conversion concurrent with the actual transfer of such shares to the purchaser and contingent upon such Transfer; or (iii) a combination of the above.

Transferred Shares. Each Co-Sale Participant Right Holder shall effect its participation in the sale by promptly delivering to the Selling Shareholder for transfer to the prospective purchaser a duly one or more executed instrument instruments of transfer and one or more certificates, properly endorsed for transfer, which represent: (i) the series and number of securities of the Company Ordinary Shares which such Co-Sale Participant Right Holder elects to sell; (ii) that number of Common Shares, or that number of Preferred Shares which are is at such time convertible into the number of Common Shares, which Ordinary Shares that such Co-Sale Participant Right Holder elects to sell; providedprovided in such case that, however, that if the prospective third-party purchaser objects to the delivery of Preferred Shares in lieu of Common Ordinary Shares, such Co-Sale Participant Right Holder shall first convert such Preferred Shares into Common Ordinary Shares and transfer the Common deliver Ordinary Shares as provided in this Section 4.3(h)subsection 4.4(b)(i) above. The Company agrees to make any such conversion concurrent with the actual transfer of such shares to the purchaser and contingent upon such Transferpurchaser; or (iii) a combination of the above.

Transferred Shares. Each Co-Sale Participant shall effect its participation in the sale by promptly delivering to the Selling Shareholder for transfer to the prospective purchaser a duly executed instrument of transfer and one or more certificates, properly endorsed for transfer, which represent: (i) the series and number of securities of the Company which such Co-Sale Participant elects to sell; (ii) that number of Common Shares, or that number of Preferred Shares which are at such time convertible into the number of Common Shares, Ordinary Shares which such Co-Sale Participant elects to sell; provided, however, that if the prospective third-party purchaser objects to the delivery of Preferred Shares in lieu of Common Ordinary Shares, such Co-Sale Participant shall first convert such Preferred Shares into Common Ordinary Shares and transfer the Common deliver Ordinary Shares as provided in this Section 4.3(h). The 4.3(d) and the Company agrees to shall make any such conversion concurrent with the actual transfer of such shares to the purchaser and contingent upon such Transfer; or (iii) a combination of the above.