Transfer of Equity Securities. 42 SCHEDULE 7.................................................................. 43
Transfer of Equity Securities. 6.1 The Shareholders shall use their respective powers to procure that:
Transfer of Equity Securities. (a) None of the ----------------------------- Affiliated Equity Holders shall, directly or indirectly, sell, transfer or otherwise dispose of any Equity Securities except (i) pursuant to a registered underwritten public offering in accordance with the Registration Rights Agreement, (ii) in accordance with Rule 144 promulgated under the Securities Act, (iii) to any direct or indirect Subsidiary of Sprint and (iv) in a transaction effected in accordance with the so-called "Section 4(1 1/2)" exemption under the Securities Act.
Transfer of Equity Securities. Except as otherwise contemplated by the Merger Agreement or this Agreement, each Stockholder agrees that it shall not, directly or indirectly, (a) sell, assign, transfer (including by operation of law), create any Lien or pledge, dispose of or otherwise encumber any of the Covered Securities or otherwise agree to do any of the foregoing, (b) deposit any of the Covered Securities into a voting trust or enter into a voting agreement or arrangement or grant any proxy or power of attorney with respect thereto that is inconsistent with this Agreement or (c) enter into any contract, option or other arrangement or undertaking requiring the direct acquisition or sale, assignment, transfer or other disposition of any of the Covered Securities; provided, that, in the case of a stockholder that is an individual or trust, such stockholder may transfer or agree to transfer Covered Securities, by gift to a member of the individual’s immediate family or to a trust, the beneficiary of which is a member of the individual’s immediate family or an affiliate of such person or entity, or to a charitable organization, including a donor advised trust, and such transferee shall sign a joinder to this Agreement and agree to be bound by the terms hereof as if an original Stockholder party hereto.
Transfer of Equity Securities. Any party that acquires from a Series B Preferred Shareholder any Series B Shares agrees that the Series B Shares it acquired are subject to the provisions of this Agreement and upon consummation of such Transfer shall be deemed a Series B Preferred Shareholder.
Transfer of Equity Securities. Tatum and the Rhino Shareholders shall not sell, transfer, assigx xx otherwise convey any of their respective voting securities, other than in open market transactions, unless the person receiving such equity securities shall become a party to this Agreement.
Transfer of Equity Securities. Until the closing of a Qualified IPO, the following restrictions shall apply to the transfer of Equity Securities:
Transfer of Equity Securities. Until the earlier of (i) the closing of the first Qualified Public Offering or (ii) at the time as none of the Stockholders hold any Equity Securities, the following restrictions shall apply to the transfer of Equity Securities:
Transfer of Equity Securities. Developer understands and acknowledges that the rights and duties set forth in this Agreement are personal to Developer and that Xxxxxxx has granted such rights in reliance on the business skill, financial capability, and personal character of Developer and Developer's Owners and any guarantor of Developer. Accordingly, neither Developer nor any initial subsequent successor or assignee to any part of Developer's interest in this Agreement, nor any individual, partnership, corporation, or other entity which directly or indirectly has or owns any interest in this Agreement or in the Developer shall sell, assign, transfer, convey, give away, pledge, mortgage or otherwise encumber any direct or indirect interest in this Agreement or in any entity which owns this Agreement without the prior written consent of Xxxxxxx except as set forth in the Guidelines of Xxxxxxx in effect from time to time. Any purported assignment or transfer, by operation of law or otherwise, not having the written consent of Xxxxxxx required by this SECTION 8.2(F) shall be null and void and shall constitute a material breach of this Agreement.
Transfer of Equity Securities. Franchisee understands and acknowledges that the rights and duties set forth in this Agreement are personal to Franchisee and that Franchisor has granted such rights in reliance on the business skill, financial capacity and personal character of Franchisee and Franchisee's Owners and any guarantor of Franchisee. Accordingly, neither Franchisee nor any initial or subsequent successor assignee to any part of Franchisee's interest in this Agreement, or any individual, partnership, corporation, or other entity which directly or indirectly has or owns any interest in this Agreement or in Franchisee shall sell, assign, transfer, convey, give away, pledge, mortgage, or otherwise encumber any direct or indirect interest in this Agreement or in any entity which owns this Agreement without the prior written consent of Franchisor except as set forth in the Guidelines of Franchisor in effect from time to time. Any purported assignment or transfer, by operation of law or otherwise not having the written consent of Franchisor required by this SECTION 14.2(F) shall be null and void and shall constitute a material breach of this Agreement.
