Third Party Transferees definition
Examples of Third Party Transferees in a sentence
Any reference in this Agreement to the Stockholders shall be deemed to include each Stockholder and its respective Third Party Transferees.
Any Voting Stock that is Transferred in compliance with Section 1 hereof to a Transferee other than Trust 2 Trustee or a Permitted Transferee (a “Third Party Transferee”), including Voting Stock transferred upon death as described in Section 1(f), shall remain subject to the obligations placed upon such Third Party Transferees as set forth in Sections 1 and 2, until this Agreement terminates pursuant to Section 5.
In order to properly give effect to the provisions of this Agreement, the Company shall, and shall cause any transfer agent to, maintain a record of transfers of Registrable Securities and shares of Common Stock generally to Permitted Transferees and Third Party Transferees, so that the Company is able to identify the Stockholders and the number of Registrable Securities, and shares of Common Stock generally, held of record by each such Stockholder at any time.
Except as set forth in the previous sentence, no provision of this Agreement is intended, nor shall it be interpreted, to provide or create any third party beneficiary rights or any other rights of any kind in any other person or entity, including a Third Party Transferee, notwithstanding the obligations imposed upon Third Party Transferees by this Agreement.
The Offeror or any agent acting by, through, under or on its behalf shall be strictly prohibited from disclosing to any third party (other than financial sources, consultants, representatives and prospective Third Party Transferees) the terms, conditions or status of negotiations or discussions with the Partnership concerning the proposed Transfer of the Offered Assets except to the extent such matters are already public knowledge or are required under applicable securities laws.
Licensee shall maintain, and shall cause its Affiliates and Third Party Transferees to maintain, for a period of three (3) years following the end of the calendar year to which they pertain, full and true books of accounts and other records in sufficient detail so that the royalties and other payments payable to Licensor hereunder can be properly ascertained.
The Partnership or any agent acting by, through, under or on its behalf shall be strictly prohibited from disclosing to any third party (other than financial sources, consultants, representatives and prospective Third Party Transferees) the terms, conditions or status of negotiations or discussions with the Offeror concerning the proposed Transfer of the Offered Assets except to the extent such matters are already public knowledge or are required under applicable securities laws.
To the extent permitted under applicable laws, Licensee shall state, and shall cause all Affiliates and Third Party Transferees to state, on secondary packaging and product information leaflets of Licensed Products that the Licensed Products are manufactured under a license from Licensor; provided, however, that the placing and size of such statement shall not be more prominent than Licensee’s own branding statement.
This Agreement shall be binding on and inure to the benefit of the parties hereto and their respective Permitted Transferees, legal representatives, successors and Third Party Transferees; provided, however, that none of the rights of any Stockholder or group of Stockholders to designate director(s) under the provisions of Section 2 hereof shall be transferable to a Third Party Transferee.
Such information, whether received in oral, electronic or written form shall be kept in strict confidence, used only for the purposes of this Agreement and not disclosed by the recipient Party to any Third Party other than its employees, directors, advisors or Third Party Transferees, who are under a confidentiality obligation substantially equivalent to that of the receiving Party, without the prior written consent of the other Party.