No Avoidance of Provisions. No holder of Restricted Shares shall directly or indirectly (i) permit the Transfer of all or any portion of the direct or indirect equity or beneficial interest in such holder or (ii) otherwise seek to avoid the provisions of this Agreement by issuing, or permitting the issuance of, any direct or indirect equity or beneficial interest in such holder, in any such case in a manner which would fail to comply with this Section 3 if such holder had Transferred Restricted Shares directly.
Appears in 3 contracts
Samples: Stockholders Agreement (Acadia Healthcare Company, Inc.), Stockholders Agreement (Acadia Healthcare Company, Inc.), Stockholders Agreement (Acadia Healthcare Company, Inc.)
No Avoidance of Provisions. No holder of Restricted Shares Holder, other than an Institutional Investor, shall directly or indirectly (i) permit the Transfer of all or any portion of the direct or indirect equity or beneficial interest in such holder Holder or (ii) otherwise seek to avoid the provisions of this Agreement by issuing, or permitting the issuance of, any direct or indirect equity or beneficial interest in such holderHolder, in any such case in a manner which would fail to comply with this Section 3 Article IX if such holder Holder had Transferred Restricted Shares Units directly.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (ECPM Holdings, LLC), Limited Liability Company Agreement (ECPM Holdings, LLC)
No Avoidance of Provisions. No holder of Restricted Shares Shareholder shall directly or indirectly (i) permit the Transfer of all or any portion of the direct or indirect equity or beneficial interest in such holder Shareholder or (ii) otherwise seek to avoid the provisions of this Agreement by issuing, or permitting the issuance of, any direct or indirect equity or beneficial interest in such holderShareholder, in any such case case, in a manner which would fail to comply with this Section 3 if such holder Shareholder had Transferred Restricted Shares directly.
Appears in 1 contract
Samples: Shareholders’ Agreement
No Avoidance of Provisions. No holder of Restricted Stockholder Shares shall directly or indirectly (i) permit the Transfer of all or any portion of the direct or indirect equity or beneficial interest in such holder or (ii) otherwise seek to avoid the provisions of this Agreement by issuing, or permitting the issuance of, any direct or indirect equity or beneficial interest in such holder, in any such case in a manner which would fail to comply with this Section 3 4 if such holder had Transferred Restricted Stockholder Shares directly.
Appears in 1 contract
