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.
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 mayassign 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.
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.