Common use of Waiver of pre-emption rights Clause in Contracts

Waiver of pre-emption rights. The Seller shall procure that all rights of pre-emption over, or other rights to restrict the transfer of, the Shares, conferred either by the articles of association of the Company or in any other way, are irrevocably waived no later than Completion so as to permit the sale and purchase of the Shares pursuant to, and in accordance with, this Agreement.

Appears in 1 contract

Samples: Share Sale and Purchase Agreement

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Waiver of pre-emption rights. The Each Seller hereby waives any and all pre-emption rights and other restrictions on transfer, allotment and issuance which they may have in relation to the sale of any of the Shares to the Purchaser hereunder whether arising under the constitution of the Company or otherwise and shall procure that all no later than Stage 1 Completion any rights of pre-emption over, and other similar or other comparative rights to restrict the transfer of, the Shares, conferred either by the articles of association over and in respect of the Company Shares conferred upon or in held by any other way, person are irrevocably waived no later than Completion so as to permit the sale and purchase of the Shares pursuant to, and in accordance with, this AgreementShares.

Appears in 1 contract

Samples: Share Purchase Agreement (Majesco)

Waiver of pre-emption rights. 2.2.1 The Seller shall procure that irrevocably waives any and all rights of pre-emption over, or rights and any other rights of first refusal or restrictions on transfer exercisable by it in relation to restrict or in connection with any of the transfer of, the Shares, conferred either by Shares under the articles of association incorporation of the Company Company, the Shareholders’ Agreement or in any other way, are irrevocably waived no later than Completion so as to permit the sale and purchase of the Shares pursuant to, and in accordance with, this Agreementotherwise.

Appears in 1 contract

Samples: Agreement for the Sale and Purchase of Shares (Tower Group International, Ltd.)

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Waiver of pre-emption rights. The Seller shall procure that Each of the Sellers irrevocably waives any and all rights of pre-emption over, or other rights to restrict restrictions on transfer which may exist in respect of any of the transfer of, the Shares, conferred either by Shares under the articles of association of the Company or in otherwise and undertakes to take all steps necessary to ensure that any rights of pre-emption or other way, are irrevocably waived no later than Completion so as to permit the sale and purchase restrictions on transfer over any of the Shares pursuant to, and in accordance with, this Agreementare waived.

Appears in 1 contract

Samples: Share Purchase Agreement (Lufkin Industries Inc)

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