Waiver of restrictions on transfer. Each Seller hereby irrevocably waives and agrees to procure the waiver of any restrictions on transfer (including rights of pre-emption) which may exist in relation to the Shares, whether under the articles of association of the Company or otherwise.
Waiver of restrictions on transfer. (a) The parties hereby irrevocably waive and agree to procure the waiver of any restrictions on transfer (including rights of pre-emption) which may exist in relation to the Participation Interest, whether under the constitutional documents of the Company or otherwise.
Waiver of restrictions on transfer. Notwithstanding any provisions to the contrary contained in the Investor Rights Agreement, the Stockholder shall be entitled to transfer, at any time, the Shares and all rights and obligations of the Stockholder under the Investor Rights Agreement to the equity owners of the Stockholder as of the date of this agreement (which equity owners are listed on Exhibit B hereto) upon notice to the Company, and the Company hereby waives all such provisions to the contrary contained in the Investor Rights Agreement for such purpose. The Company has obtained and provided copies to the Stockholder of the necessary consents of other parties to the Investor Rights Agreement so as to render all provisions of this agreement valid and effective, including but not limited to the waiver contained in this Section 2. Upon such transfer, the transferees shall be deemed to be “Purchasers” under the Investor Rights Agreement for purposes of the Operative Sections and related general provisions.
Waiver of restrictions on transfer. Notwithstanding any other provision herein, the Company may, in its sole discretion, when it finds that a waiver would be in the best interests of the Company, waive in whole or in part any or all remaining restrictions with respect to the Restricted Stock.
Waiver of restrictions on transfer. Each Seller, on behalf of itself and any applicable Affiliate, hereby (i) consents to the sale of any Shares held by any of the other Sellers as provided herein, (ii) waives any rights such Seller or Affiliate may have to restrict or otherwise limit the sale of Shares held by any other Seller under the Shareholders’ Deed, any Organizational Document of Holdings, Sunshine SPV, Sunshine or any other Company or under any other agreement to which it may be a party or otherwise benefit, directly or indirectly, (iii) agrees that any such restrictions shall not apply to the Share Sales, and (iv) agrees that, if and to the extent that any further agreement or instrument is required to evidence or give effect to the foregoing waivers, consents and agreements, such Seller shall promptly execute and deliver such agreement or instrument. Without limiting the generality of the foregoing, each Seller hereby agrees that the Shareholders’ Deed shall terminate immediately prior to the First Closing.
Waiver of restrictions on transfer. The Sellers agree that, effective as of the Effective Time, all restrictions on transfer (including any rights of first offer or rights of first refusal), if any, on LAI Capital Stock, held by LAI's stockholders shall be waived to permit consummation of the Merger.
