Common use of Restrictions on Transfer and Redemption Clause in Contracts

Restrictions on Transfer and Redemption. During the Escrow Period, no sale, transfer or other disposition may be made of any or all of the Escrow Shares by the Buyer. Subject to the terms and conditions of the Purchase Agreement, during the Escrow Period, the Buyer shall not be permitted to redeem, substitute or replace the Escrow Shares without the Seller’s prior written consent. During the Escrow Period, the Escrow Shares will be reflected on the books and records of the Buyer as issued and outstanding shares.

Restrictions on Transfer and Redemption. During the Escrow Period, no sale, transfer or other disposition may be made of any or all of the Escrow Shares Share Amount by the BuyerBuyer or a Shareholder. Subject to the terms and conditions of the Purchase Agreement, during During the Escrow Period, the Buyer shall not be permitted to redeem, substitute or replace the Escrow Shares Share Amount without the Seller’s Shareholders’ prior written consent. During the Escrow Period, the Escrow Shares Share Amount will be reflected on the books and records of the Buyer as issued and outstanding shares.

Restrictions on Transfer and Redemption. During the Escrow Period, no sale, transfer or other disposition may be made of any or all of the Escrow Clawback Shares by the BuyerParent or the Seller. Subject to the terms and conditions of the Purchase Agreement, during the Escrow Period, the Buyer Parent shall not be permitted to redeem, substitute or replace the Escrow Clawback Shares without the Seller’s prior written consent. During the Escrow Period, the Escrow Clawback Shares will be reflected on the books and records of the Buyer Parent as issued and but not outstanding shares.

Restrictions on Transfer and Redemption. During the Escrow Period, no sale, transfer or other disposition may be made of any or all of the Escrow Shares by the BuyerCompany or the Seller. Subject to the terms and conditions of the Purchase Agreement, during During the Escrow Period, the Buyer Company shall not be permitted to redeem, substitute or replace the Escrow Shares without the Seller’s prior written consent. During the Escrow Period, the Escrow Shares will be reflected on the books and records of the Buyer Company as issued and but not outstanding shares.