TRANSMISSION OF SHARES. The executor or administrator of a deceased member, the guardian of an incompetent member or the trustee of a bankrupt member shall be the only person recognised by the Company as having any title to his share but they shall not be entitled to exercise any rights as a member of the Company until they have proceeded as set forth in the next following three regulations.
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Samples: Shareholders Agreement (Michael Kors Holdings LTD), Restructuring Agreement (Michael Kors Holdings LTD), Subscription Agreement (Michael Kors Holdings LTD)
TRANSMISSION OF SHARES. The executor or administrator of a deceased member, the guardian of an incompetent member or the trustee of a bankrupt member shall be the only person recognised recognized by the Company as having any title to his share but they shall not be entitled to exercise any rights as a member of the Company until they have proceeded as set forth in the next following three regulations.not
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Samples: Share Purchase Agreement (Asia Media Communications LTD)
TRANSMISSION OF SHARES. The executor or administrator of a deceased membershareholder, the guardian of an incompetent member shareholder or the trustee of a bankrupt member shareholder shall be the only person recognised recognized by the Company as having any title to his or her share but they shall not be entitled to exercise any rights as a member shareholder of the Company until they have proceeded as set forth in the next following three regulationsArticles.
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