Restriction on Transfers definition

Restriction on Transfers. The transfer restrictions set forth in Section 6.02 of the Sponsor Transaction Stockholders Agreement will be amended to provide for (i) the termination of such restrictions on transfer applicable to a Minority Holder upon the occurrence of an IPO and (ii) on and after January 1, 2016, the Minority Holders may transfer their Company stock subject to the restrictions set forth in Section 6.02(a)(iv) of the Sponsor Transaction Stockholders Agreement in the same manner as is applicable to all other Stockholders. The Minority Holders will not have the benefit of the de minimis transfer exception pursuant to Section 6.02(a)(v) of the Sponsor Transaction Stockholder Agreement.
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Examples of Restriction on Transfers in a sentence

  • Section 9.1. Restriction on Transfers and Admission of New Members.

  • Restriction on Transfers of ---------------------------------------------------- Existing Business.

  • Restriction on Transfers of Existing ------------------------------------------------------------- Business.

  • Business of Net; Restriction on Transfers of Existing Business 131 Section 10.22.

  • Business of the Company; Restriction on Transfers of Existing Business..............................................

  • Restriction on Transfers of Interests........................................................

  • Business of the Company and Net; Restriction on Transfers of Existing Business...

  • Dissolution of Excluded Subsidiaries; Restriction on Transfers to Excluded Subsidiaries .

  • Business of the Company; Restriction on Transfers of Existing Business..........................................................................72 SECTION 1020.

  • Section 6.1 General Restriction on Transfers by Continuing Holders.....................................