Common use of Transfer to Permitted Transferees Clause in Contracts

Transfer to Permitted Transferees. (a) Subject to the limitations set forth in Section 2.1, any Shareholder may Transfer any or all of the Shares held by it to any Permitted Transferee of such Shareholder who duly executes and delivers an Assumption Agreement, provided that such Transfer shall not be effective unless and until the Company shall have been furnished with information reasonably satisfactory to it demonstrating that such Transfer is exempt from or not subject to the provisions of Section 5 of the Securities Act and any other applicable securities laws.

Transfer to Permitted Transferees. (a) Subject to the limitations set forth in Section 2.1, any Any Shareholder may Transfer any or all of the Shares held by it to any Permitted Transferee of such Shareholder who duly executes and delivers an Assumption Agreement, provided that such Transfer shall not be effective unless and until the Company shall have been furnished with information reasonably satisfactory to it demonstrating that such Transfer is exempt from or not subject to the provisions of Section 5 of the Securities Act and any other applicable securities laws.

Transfer to Permitted Transferees. (a) Subject to the limitations limitation set forth in Section 2.1, any Shareholder Stockholder may Transfer any or all of the Shares held by it to any Permitted Transferee of such Shareholder Stockholder who duly executes and delivers an Assumption Agreement, provided that such Transfer shall not be effective unless and until the Company shall have been furnished with information reasonably satisfactory to it demonstrating that such Transfer is exempt from or not subject to the provisions of Section 5 of the Securities Act and any other applicable securities laws.

Transfer to Permitted Transferees. (a) Subject to the limitations set forth in Section 2.1, any Any Shareholder --------------------------------- may Transfer any or all of the Shares held by it to any Permitted Transferee of such Shareholder who duly executes and delivers an Assumption Agreement, provided that such Transfer shall not -------- be effective unless and until the Company shall have been furnished with information reasonably satisfactory to it demonstrating that such Transfer is exempt from or not subject to the provisions of Section 5 of the Securities Act and any other applicable securities laws.