Disposition Restrictions. 5 3. Registration............................................................ 8 4.
Disposition Restrictions. (a) In the event that Southcross or any of its Permitted Transferees Dispose to an unaffiliated third party transferee any of their Partnership Units (or exchanges its Partnership Units for Equity Securities of SXE pursuant to Section 3.16 of the Partnership Agreement), such Person shall also be required to Dispose to such transferee, and such transferee shall be required to accept the Disposition of, a portion of the Units held by such Person equal to the number of outstanding Units held by such Person immediately prior to such Disposition multiplied by a fraction, the numerator of which is the number of Partnership Units so Disposed of and the denominator of which is the total number of Partnership Units held by such Person immediately prior to such Disposition;
Disposition Restrictions. In the event that any Member (or any of its Permitted Transferees) Disposes of any of its Partnership Units to any transferee, such Person shall also be required to Dispose to such transferee, and such transferee shall be required to accept the Disposition of, a portion of the Units held by such Person equal to the number of outstanding Units held by such Person immediately prior to such Disposition multiplied by a fraction, the numerator of which is the number of Partnership Units so Disposed of and the denominator of which is the total number of Partnership Units held by such Person immediately prior to such Disposition (in the case of any Lender, including the number of Equivalent Securities held by such Lender on a fully-converted basis).
Disposition Restrictions. The Manager shall have no right or power to tender, transfer, pledge, hypothecate, or otherwise dispose of any stock, securities or other assets held by the Company that are not Company NetSuite Shares, except:
Disposition Restrictions. 4 3. [Intentionally Omitted].................................................7 4. [Intentionally Omitted].................................................7 5. Registration............................................................7 6.
Disposition Restrictions. No admission (or purported admission) of a ------------------------ Member, and no transfer (or purported transfer) of all or any part of a Member's Company Interest (or any economic interest therein), whether to another Member or to a person who is not a Member, shall be effective, and any such admission or transfer (or purported admission or transfer) shall be void ab initio, and no -- ------ Person shall otherwise become a Member if after such admission or transfer (or purported admission or transfer) the Company would have more than one hundred (100) Members. For purposes of determining whether the Company will have more than 100 Members, each Person indirectly owning a Company Interest through a partnership (including any entity treated as a partnership for federal income tax purposes), a grantor trust or an S corporation (each such entity a "flow- through entity") shall be treated as a Member unless the Executive Committee unanimously determines, after consulting with qualified tax counsel, that less than substantially all of the value of the beneficial owner's interest in the follow-through entity is attributable to the flow-through entity's interest (direct or indirect) in the Company.
Disposition Restrictions. Without in any way limiting the representations set forth above, each Investor further agrees not to make any disposition of all or any portion of the Purchased Securities unless and until:
Disposition Restrictions. Notwithstanding any other provision of this Agreement to the contrary, unless otherwise approved in writing by Marcus, the Holders shall not, and shall prohibit any Person from:
Disposition Restrictions the Borrower shall use and shall cause each Guaranteeing Subsidiary to use reasonable commercial efforts to ensure that all agreements in the nature of Material Contracts entered into by the Borrower or any Guaranteeing Subsidiary after the date hereof may be subject to the Security Interest constituted by the Security and may thereafter be sold, assigned and transferred in the course of any realization or enforcement of such Security to a reasonably creditworthy purchaser, assignee or transferee who agrees to be bound by the provisions of such contracts; and
Disposition Restrictions. (a) Non-Redemption Period. Each Holder hereby agrees that for a period of three hundred seventy-five (375) days after the date hereof (the "Non-Redemption Period") or, if later, the date of issuance of such Unit, such Holder will not seek the redemption of the Common Units which were issued by the Partnership pursuant to the Source Agreements or upon conversion of the Series One Preferred Units, and prior to the expiration of such period the Partnership and the Company will be under no obligation to recognize with respect thereto the redemption rights under Article 8 of the Partnership Agreement of the Partnership. Commencing on the 375th day after the date hereof, all such Common Units shall be redeemable, at the option of each Holder thereof, all in accordance with the exchange features and other rights, preferences and privileges more particularly provided in the Limited Partnership Agreement of the Partnership.
