Common use of Indirect Transfer Clause in Contracts

Indirect Transfer. During the Lock-Up Period, any transfer of any share or other voting securities resulting in any change in the control, directly or indirectly, of Keystone or of any other person having control, directly or indirectly, over Keystone shall be deemed as being an indirect Transfer of the Restricted Shares held by Keystone, and the provisions of this Agreement that apply in respect of Transfers of Shares shall thereupon apply in respect of the Restricted Shares so held by Keystone.

Appears in 3 contracts

Sources: Right of First Refusal Agreement (Ocean Imagination L.P.), Right of First Refusal Agreement (Ctrip Com International LTD), Right of First Refusal Agreement (Keystone Lodging Holdings LTD)