Common use of Alienation Prohibited Clause in Contracts

Alienation Prohibited. Unless otherwise provided for in accordance with the terms hereof or the Stock Exchange Agreement, no Shareholder shall transfer, assign, cede, pledge, mortgage, hypothecate, charge or otherwise encumber, alienate or dispose of in any manner whatsoever the whole or any part of its Shares without first obtaining the written consent of the other Shareholders.

Appears in 3 contracts

Sources: Shareholder Agreement (Compositech LTD), Shareholder Agreement (H Power Corp), Memorandum of Agreement (Widecom Group Inc)

Alienation Prohibited. Unless otherwise provided for in accordance with the terms hereof or the Stock Exchange Agreementhereof, no Shareholder shall transfer, assign, cede, pledge, mortgage, hypothecate, charge or otherwise encumber, alienate or dispose of in any manner whatsoever the whole or any part of its Shares without first obtaining the written consent of all of the other Shareholders.

Appears in 3 contracts

Sources: Shareholder Agreement (Technical Maintenance Corp), Voting Trust and Limited Shareholders Agreement (Touchtunes Music Corp), Voting Trust and Limited Shareholders Agreement (Touchtunes Music Corp)