Common use of Understanding of Restrictions on Dispositions Clause in Contracts

Understanding of Restrictions on Dispositions. The undersigned has --------------------------------------------- carefully read the Agreement and this Affiliate Agreement and discussed their requirements and impact upon his ability to sell, transfer, or otherwise dispose of the shares of NDC Common Stock received by the undersigned, to the extent he believes necessary, with his counsel or counsel for Source.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (National Data Corp), Agreement and Plan of Merger (National Data Corp)

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Understanding of Restrictions on Dispositions. The undersigned has --------------------------------------------- carefully read the Agreement and this Affiliate Agreement and discussed their requirements and impact upon his ability to sell, transfer, or otherwise dispose of the shares of NDC Premiere Common Stock received by the undersigned, to the extent he or she believes necessary, with his or her counsel or counsel for Sourcethe Company.

Appears in 1 contract

Samples: Transfer Agreement (Premiere Technologies Inc)

Understanding of Restrictions on Dispositions. The undersigned has --------------------------------------------- carefully read the Agreement and this Affiliate Agreement and discussed their requirements and impact upon his or her ability to sell, transfer, transfer or otherwise dispose of the shares of NDC the Surviving Corporation Common Stock or the Surviving Corporation Preferred Stock received by the undersigned, to the extent he the undersigned believes necessary, with his the undersigned's counsel or counsel for SourceBHC.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Premier Bancshares Inc /Ga)

Understanding of Restrictions on Dispositions. The undersigned has --------------------------------------------- carefully read the Agreement and this Affiliate Agreement and discussed their requirements and impact upon his ability to sell, transfer, or otherwise dispose of the shares of NDC CCB Common Stock to be received by the undersigned, to the extent he believes necessary, with his counsel or counsel for SourceStone Street.

Appears in 1 contract

Samples: Agreement of Combination (Stone Street Bancorp Inc)

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Understanding of Restrictions on Dispositions. The undersigned has --------------------------------------------- carefully read the Agreement and this Affiliate Agreement and discussed their requirements and impact upon his or her ability to sell, transfer, transfer or otherwise dispose of the shares of NDC the Surviving Corporation Common Stock received by the undersigned, to the extent he the undersigned believes necessary, with his the undersigned's counsel or counsel for SourceNorth Xxxxxx.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Premier Bancshares Inc /Ga)

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