No Recognition. The Company agrees with IFC that, to the extent permitted by law, it will not recognize any purported sale, transfer, assignment, pledge, encumbrance or other disposition of Shares in violation of this Article 1I, and shall in any event notify IFC promptly upon receipt of any request to register or record any transfer of the Shares held by Pioneer Omega.
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No Recognition. The Company agrees with IFC that, to the extent permitted by law, it will not recognize any purported sale, transfer, assignment, pledge, encumbrance or other disposition of Shares in violation of this Article 1III, and shall in any event notify IFC promptly upon receipt of any request to register or record any transfer of the Shares held by Pioneer Omega.
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