Examples of Investor Permitted Transferee in a sentence
Notwithstanding the foregoing, no member of Investor Group may assign its rights under this Agreement without the prior written consent of the Company, provided that, subject to Section 3.1, Investor may assign its rights under Article II and Article IV, absent such consent, in connection with a sale, transfer or disposition to any Investor Permitted Transferee who is a Shareholder.
Transfer of registration rights to an Investor Permitted Transferee or to a partner, member or shareholder of any Investor will be without restriction as to minimum shareholding.
After any transfer in accordance with this Section 12, the rights and obligations of an Investor as to any transferred Registrable Shares shall be the rights and obligations of the Investor Permitted Transferee holding such Registrable Shares.
This Agreement may not be assigned, except by any Investor Party to any Investor Permitted Transferee that has executed a joinder agreement substantially in the form attached as Exhibit D to this Agreement, without the express prior written consent of the other parties hereto, and any attempted assignment, without such consent, will be null and void.
Nothing in this Agreement, express or implied, is intended to or will confer upon any other person not a party hereto any right, benefit or remedy of any nature whatsoever under or by reason of this Agreement, except that any transferee that is an Investor Permitted Transferee in each case are express third party beneficiaries of this Agreement and may rely on and enforce provisions of this Agreement as if such person were a party hereto.
After any transfer in accordance with this Section 13, the rights and obligations of an Investor as to any transferred Registrable Shares shall be the rights and obligations of the Investor Permitted Transferee holding such Registrable Shares.
For purposes of this Section 4, any Investor Permitted Transferees entitled to such payments shall be deemed to have paid an amount equal to the purchase price per share for the Securities set forth in the Stock Purchase Agreement multiplied by the number of shares owned by such Investor Permitted Transferee on the date of the applicable 4(b) Event Date.
All rights of the Investors under (a) Article 3 (Board and Related Rights), and (b) Article 4 (Reserved Matter) read with Schedule 1 (List of Reserved Matters) shall fall away in the event the aggregate shareholding of the Investor and/or the Investor Permitted Transferee in the Company falls below 5% (Five Percent) of the paid-up share capital of the Company.
Any permitted Transferee described in the preceding clauses (iii), (iv), (v) and (vi) shall be referred to herein as an "Investor Permitted Transferee" and shall be entitled to assignment of the transferor's rights under the Transaction Documents.
After any transfer in accordance with this Section 14, the rights and obligations of an Investor as to any transferred Registrable Shares shall be the rights and obligations of the Investor Permitted Transferee holding such Registrable Shares.