Common use of TRANSMISSION OF SHARES Clause in Contracts

TRANSMISSION OF SHARES. If a Member dies, the survivor or survivors (where he was a joint holder), or his legal personal representatives (where he was a sole holder), shall be the only persons recognised by the Company as having any title to his Shares. The estate of a deceased Member is not thereby released from any liability in respect of any Share, for which he was a joint or sole holder.

Appears in 6 contracts

Samples: Business Combination Agreement (Jaguar Global Growth Corp I), Forward Purchase Agreement (Gateway Strategic Acquisition Co.), Forward Purchase Agreement (Gateway Strategic Acquisition Co.)

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TRANSMISSION OF SHARES. If a Member dies, dies the survivor or survivors (where he was a joint holder), ) or his legal personal representatives (where he was a sole holder), shall be the only persons recognised by the Company as having any title to his Shares. The estate of a deceased Member is not thereby released from any liability in respect of any Share, for which he was a joint or sole holder.

Appears in 1 contract

Samples: Business Combination Agreement (Queen's Gambit Growth Capital)

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