Other Transferor definition
Examples of Other Transferor in a sentence
The Company shall determine such Other Transferor's Private Sale Allocation after receiving all timely exercise notices and shall notify such Other Transferor of its Private Sale Allocation.
Any notice of such election given by a Other Transferor pursuant to this Section 4.13 shall constitute an irrevocable commitment of such Other Transferor to sell, to the Person or Persons to which the Private Sale is to be made, shares of Common Stock (or rights to acquire Common Stock) on the terms specified in such Private Sale Notice, in an amount equal to the lesser of such Other Transferor's Specified Amount and its final Private Sale Allocation, subject to the conditions of this Section 4.13.
Other Transferor shall mean any Person other than the Transferor that has entered into a receivables purchase agreement or transfer and administration agreement with the Company.
The Company shall not be liable for any default by any Transferring Founder, Other Transferor or transferee in connection with a Private Sale.
Other Transferor Companies No. 4 and 5 are also holding shareholding of Transferee Company.