Common use of Prohibited and Permitted Transfers Clause in Contracts

Prohibited and Permitted Transfers. (a) A Stockholder shall not sell, assign, transfer, grant an option to or for, pledge, hypothecate, mortgage, encumber or dispose of all or any of his Shares except as expressly provided in this Agreement.

Appears in 2 contracts

Samples: Stockholders Agreement (Viagrafix Corp), Stockholders Agreement (Viagrafix Corp)

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Prohibited and Permitted Transfers. (a) A Stockholder shall not sell, assign, transfer, grant an option to or for, pledge, hypothecateassign, mortgage, encumber transfer, pledge, create a security interest in or lien upon, encumber, give place in trust, hypothecate or otherwise in any manner voluntarily dispose of (collectively referred to as a "Transfer"), all or any of his Shares Securities except as expressly provided in this Agreement.

Appears in 1 contract

Samples: Stockholders Agreement (Midway Airlines Corp)

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Prohibited and Permitted Transfers. (a) A Stockholder Shareholder shall not sell, assign, transfer, grant an option to or for, pledge, hypothecate, mortgage, encumber or dispose of all or any of his Shares except as expressly provided in this Agreement.

Appears in 1 contract

Samples: Sale Agreement (Chemgenics Pharmaceuticals Inc)

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