LIMITATION ON TRANSFER definition

LIMITATION ON TRANSFER. Barth agrees not to transfer his ownership in the Patent Pendinx xx subsequently issued Patent, except to an entity wholly owned by him and controlled by him, or to an entity or individual or individuals approved by Schmitt in writing prior to assignment. No assignment shaxx xx xade unless and until the assignee agrees in writing to be bound by the terms of this Agreement and if requested by Schmitt, Barth, in a form approved by Schmitt, agrees to indemnify Schmitt for any losses suffered xx x xesult of such third pxxxx'x breach of this agreement. Subject to the foregoing, this Agreement and the rights and obligations set forth herein shall inure to the benefit of, and be binding upon, the parties hereto and each of their respective permitted successors, assigns, heirs, executors and administrators. Notwithstanding anything to the contrary stated herein, Schmitt expressly consents to the assignment by Barth of this Xxxxxxent to E AND S HOLDINGS, INC. a Nevada corporatixx, xnd Barth represents and warrants that he is the controlling sharehoxxxx of said corporation and that it will be bound by all terms and conditions of this Agreement.
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LIMITATION ON TRANSFER. DayStar agrees not to sell, transfer, or otherwise dispose of any Registerable Securities under this Agreement for such period as is determined by the Underwriter and shall enter into a customary lock-up agreement required by the Underwriter in the form required by such Underwriter. DayStar agrees that stop transfer instructions may be given to the Company's transfer agent regarding the foregoing lock-up arrangement.
Sample 1

Related to LIMITATION ON TRANSFER

  • RMB Non-Transferability means the occurrence of any event that makes it impossible for the Issuer to deliver RMB between accounts inside Hong Kong or from an account inside Hong Kong to an account outside Hong Kong (including where the RMB clearing and settlement system for participating banks in Hong Kong is disrupted or suspended), other than where such impossibility is due solely to the failure of the Issuer to comply with any law, rule or regulation enacted by any Governmental Authority (unless such law, rule or regulation is enacted after the Issue Date of the first Tranche of the relevant Series and it is impossible for the Issuer due to an event beyond its control, to comply with such law, rule or regulation);

  • Non-transferability means the occurrence of any event that makes it impossible for the Issuer to deliver Renminbi between accounts inside Hong Kong or from an account inside Hong Kong to an account outside Hong Kong, other than where such impossibility is due solely to the failure of the Issuer to comply with any law, rule or regulation enacted by any Governmental Authority (unless such law, rule or regulation is enacted after the Issue Date and it is impossible for the Issuer, due to an event beyond its control, to comply with such law, rule or regulation).

  • Right of First Refusal Agreement means the Second Amended and Restated Right of First Refusal and Co-Sale Agreement of even date herewith by and among the Company, the Investors and certain other parties named therein.

  • Right of First Refusal means the Company’s right of first refusal described in Section 8.

  • Right of First Refusal and Co-Sale Agreement means the agreement among the Company, the Purchasers, and certain other stockholders of the Company, dated as of the date of the Initial Closing, in the form of Exhibit G attached to this Agreement.

  • Right of First Offer shall have the meaning set forth in Section 13.1 hereof.

  • Original Holder shall have the meaning given in the Recitals.

  • Transfer Provisions means the provisions of Section 00-00-000 of the FILOT Act, as amended or supplemented from time to time, concerning, among other things, the necessity of obtaining County consent to certain transfers. Any reference to any agreement or document in this Article I or otherwise in this Fee Agreement shall include any and all amendments, supplements, addenda, and modifications to such agreement or document.

  • Limitation of Liability Insert the following Section 15, after Section 14:

  • Existing Transfer Restrictions means Transfer Restrictions existing with respect to any securities by virtue of the fact that Counterparty may be an “affiliate” of the Issuer (as such term is defined in Rule 144 under the Securities Act).

  • Transfer Restrictions means restrictions that prohibit the sale, exchange, transfer, assignment, pledge, hypothecation, fractionalization, hedge or other disposal (including through the use of any cash-settled instrument), whether voluntarily or involuntarily by the Grantee, of an Award or any shares of Common Stock, cash or other property delivered in respect of an Award.

  • Non-Consolidation Opinion means that certain substantive non-consolidation opinion delivered to Lender in connection with the closing of the Loan.

  • Non-Transfer Event means any event or other changes in circumstances other than a purported Transfer, including, without limitation, any change in the value of any Shares.

  • transfer of funds means any transaction at least partially carried out by electronic means on behalf of a payer through a payment service provider, with a view to making funds available to a payee through a payment service provider, irrespective of whether the payer and the payee are the same person and irrespective of whether the payment service provider of the payer and that of the payee are one and the same, including:

  • Burdensome Restrictions means any consensual encumbrance or restriction of the type described in clause (a) or (b) of Section 6.08.

  • Exceptions and Limitations means fair use, fair dealing, and/or any other exception or limitation to Copyright and Similar Rights that applies to Your use of the Licensed Material.

  • Transfer Restriction means, with respect to any security or other property, any condition to or restriction on the ability of the holder thereof to sell, assign or otherwise transfer such security or other property or to enforce the provisions thereof or of any document related thereto, whether set forth in such security or other property itself or in any document related thereto or arising by operation of law, including, without limitation, such conditions or restrictions arising under federal, state or foreign laws or under any contracts, arrangements or agreements.

  • Permitted Transfers has the meaning set forth in Section 4.2.17(d).

  • Standard Terms and Conditions or “Standard Terms” means these terms and conditions for the grant of the Loan to the Borrower by ABFL.

  • Shareholders Agreement has the meaning set forth in the recitals.

  • Investors Agreement has the meaning set forth in Section 6.01(e).

  • Securityholders Agreement means the Securityholders Agreement of the Company, dated as of May 5, 1998, as the same has been and may be amended from time to time.

  • Permitted Transfer has the meaning set forth in Section 10.02.

  • Transfer Restricted Note means any Note that bears or is required to bear the Restricted Notes Legend.