Common use of Permissible Transfers Clause in Contracts

Permissible Transfers. The Voting Trust Certificates shall not be transferred or disposed of, whether by sale, assignment, gift, bequest, appointment, or otherwise, except to a Permitted Transferee (as that term is defined in Section 4.2), and the Voting Trustees shall not register any transfer except in compliance therewith.

Appears in 2 contracts

Sources: Voting Trust Agreement, Voting Trust Agreement (Telephone & Data Systems Inc Voting Trust 1989)