Common use of Restriction on Transfer; Other Restrictions Clause in Contracts

Restriction on Transfer; Other Restrictions. (a) Each Stockholder agrees not to Transfer or agree to Transfer any Shares or Rights owned of record or beneficially by such Stockholder, except as otherwise permitted by this Section 3 or pursuant to the Merger Agreement, Transfers to any Affiliate of the Stockholder who agrees in writing to be bound by the terms of this Agreement or Transfers which occur by operation of law if the transferee remains, or agrees in writing to remain, bound by the terms of this Agreement, other than, in each case, with DT's prior written consent.

Appears in 9 contracts

Samples: Stockholders Agreement (Sonera Corp), Stockholders Agreement (Goldman Sachs Group Inc), Stockholders Agreement (Sonera Corp)

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Restriction on Transfer; Other Restrictions. (a) Each 3.1 Stockholder agrees not to Transfer or agree to Transfer any Shares or Rights owned of record or beneficially Beneficially Owned by such Stockholder, except as otherwise permitted by this Section 3 or pursuant to the DT Merger Agreement, Transfers to any Affiliate of the Stockholder who agrees in writing to be bound by the terms of this Agreement or Transfers which occur by operation of law if the transferee remains, or agrees in writing to remain, bound by the terms of this Agreement, other than, in each case, with DT's prior written consent.

Appears in 8 contracts

Samples: Itc Stockholder Agreement (Deutsche Telekom Ag), Stockholder Agreement (Deutsche Telekom Ag), Water Works Stockholder Agreement (Deutsche Telekom Ag)

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