Examples of Authorised Transferee in a sentence
The Investors and SFN are permitted to transfer, or to agree to transfer, their Shares only to an Authorised Transferee or if expressly permitted pursuant to this Shareholders’ Agreement and/or the Articles of Association and subject to the condition that such transferee executes a Deed of Adherence.
This does not apply to a transfer or assignment by an Original Participant to its Authorised Transferee, but the Authorised Transferee will be treated as an Original Participant for the purposes of this provision.
It being understood that the Shares originally held by SFN shall remain within the ultimate Control of NKI following such transfer to an Authorised Transferee.