Examples of Equity Securities in a sentence
Any Transfer in breach of this Agreement or which is not in accordance with applicable Law, shall be null and void, and shall not be binding on the Company, and the Company (acting through the Board) shall refuse to recognize any purported Transfer of Equity Securities in violation of this Agreement, and shall refuse to record or register any such Transfer of Equity Securities.
Any reference herein to the percentage of Equity Securities held by the New Investor 2 shall refer to the Equity Securities held collectively by each New Investor 2.
The Investors shall not Transfer any of the Equity Securities held by them, except in accordance with this Agreement.
The recipient of any Equity Securities pursuant to a Permitted Transfer shall be referred to herein as a “Permitted Transferee” and shall be deemed to be a Shareholder for all purposes of this Agreement.
Provided further if such Investor Permitted Transferee ceases to be the Affiliate of the Investor or ceases to be part of the same Beneficiary Class as the Investor, then it shall Transfer the Equity Securities back to the relevant Investor.